AAON, Inc. (AAON) shareholders
AAONNasdaqAir-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 18/3017% below fair value
$80.25+1.45 (+1.84%)
Close on Nov 13, 2026Market cap $6.62BP/E 32.6Yield 0.50%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
79.0%
65M of 82M shares
Institutional holders
473
114 new, 37 sold out
Net institutional buying
-5M
In Q2 2026
Insider trades, 12 months
5 buys · 21 sales
Net sold $22.55M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Wellington Management Company LLP Joint filing with Wellington Management Group LLP (10.40%), Wellington Group Holdings LLP (10.40%) and 1 more | 8,587,370 | 8.90% | 13G (passive) amendment | Aug 31, 2026 |
| Wellington Group Holdings LLP Joint filing with Wellington Management Group LLP (10.00%), Wellington Investment Advisors Holdings LLP (10.00%) and 1 more | 8,184,277 | 10.00% | 13G (passive) amendment | Apr 30, 2026 |
| Wellington Investment Advisors Holdings LLP Joint filing with Wellington Management Group LLP (8.40%), Wellington Group Holdings LLP (8.40%) and 1 more | 6,839,277 | 8.40% | 13G (passive) amendment | Dec 31, 2025 |
| BlackRock, Inc. | 6,271,197 | 7.70% | 13G (passive) amendment | Mar 31, 2025 |
| Wellington Management Group LLP Joint filing with Wellington Group Holdings LLP (7.00%), Wellington Investment Advisors Holdings LLP (7.00%) and 1 more | 5,772,476 | 7.00% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AAON | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6,686,241 | 8.11% | $848.22M | +125,819 | 0.01% |
| Wellington Management Group Llp | 5,772,476 | 7.00% | $732.30M | −2,204,688 | 0.13% |
| Vanguard Capital Management LLC | 3,121,771 | 3.79% | $396.03M | +22,650 | 0.01% |
| Vanguard Portfolio Management LLC | 2,938,836 | 3.56% | $372.82M | +30,745 | 0.02% |
| State Street Corp | 2,625,540 | 3.18% | $333.06M | +562,926 | 0.01% |
| Wasatch Advisors LP | 2,338,517 | 2.84% | $296.66M | +70,399 | 1.94% |
| First Trust Advisors LP | 1,579,172 | 1.92% | $200.33M | −434,043 | 0.12% |
| Blair William & Co/Il | 1,533,434 | 1.86% | $194.53M | −88,769 | 0.51% |
| Geode Capital Management, LLC | 1,432,938 | 1.74% | $181.82M | +6,136 | 0.01% |
| Dimensional Fund Advisors LP | 1,352,956 | 1.64% | $171.63M | −31,876 | 0.03% |
| Geneva Capital Management LLC | 1,200,842 | 1.46% | $152.34M | −520,789 | 3.49% |
| Morgan Stanley | 1,121,413 | 1.36% | $142.26M | −132,990 | 0.01% |
| Capital World Investors | 1,102,743 | 1.34% | $139.89M | −161,535 | 0.02% |
| Franklin Resources Inc | 1,023,955 | 1.24% | $129.90M | −195,305 | 0.03% |
| Conestoga Capital Advisors, LLC | 1,015,825 | 1.23% | $128.87M | −254,412 | 2.80% |
| Jane Street Group, LLC | 973,933 | 1.18% | $123.55M | +964,600 | 0.01% |
| Fuller & Thaler Asset Management, Inc. | 917,551 | 1.11% | $116.40M | New | 0.32% |
| Pictet Asset Management Holding SA | 883,740 | 1.07% | $112.11M | +212,528 | 0.11% |
| Kayne Anderson Rudnick Investment Management LLC | 878,950 | 1.07% | $111.50M | −185,195 | 0.35% |
| Mawer Investment Management Ltd. | 855,173 | 1.04% | $108.49M | +6,590 | 0.74% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 473 | 65M | 79.0% | 114 / 129 | 177 / 37 | 7M | 11M |
| Q1 2026 | 402 | 70M | 84.7% | 60 / 152 | 136 / 53 | 13M | 10M |
| Q4 2025 | 401 | 74M | 89.2% | 70 / 130 | 152 / 66 | 9M | 9M |
| Q3 2025 | 403 | 74M | 89.7% | 81 / 134 | 144 / 65 | 17M | 7M |
| Q2 2025 | 392 | 64M | 77.2% | 66 / 149 | 135 / 53 | 9M | 7M |
| Q1 2025 | 383 | 62M | 74.7% | 66 / 139 | 127 / 100 | 12M | 8M |
| Q4 2024 | 422 | 58M | 70.3% | 82 / 140 | 159 / 34 | 6M | 9M |
| Q3 2024 | 382 | 62M | 75.0% | 64 / 129 | 137 / 40 | 11M | 5M |
| Q2 2024 | 361 | 62M | 75.4% | 89 / 124 | 107 / 56 | 13M | 14M |
| Q1 2024 | 330 | 64M | 77.4% | 55 / 118 | 115 / 24 | 5M | 4M |
| Q4 2023 | 302 | 62M | 75.1% | 54 / 104 | 106 / 40 | 8M | 4M |
| Q3 2023 | 291 | 58M | 70.6% | 39 / 111 | 126 / 49 | 5M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
424 funds held AAON in Q2 2026, 43% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of AAON | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 2,326,678 | 2.82% | $295.16M | 0.24% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 2,210,288 | 2.68% | $280.40M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,597,259 | 1.94% | $202.63M | 0.11% | Jun 30, 2026 |
| First Trust RBA American Industrial Renaissance ETF | 1,419,305 | 1.72% | $180.05M | 1.57% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 1,061,442 | 1.29% | $134.65M | 0.14% | Jun 30, 2026 |
| Vanguard Explorer Fund | 980,812 | 1.19% | $87.35M | 0.39% | Jul 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 919,881 | 1.12% | $116.70M | 0.25% | Jun 30, 2026 |
| Wasatch Core Growth Fund | 811,449 | 0.98% | $102.94M | 3.45% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 779,655 | 0.95% | $98.91M | 0.10% | Jun 30, 2026 |
| Fullerthaler Behavioral Small-Cap Growth | 605,000 | 0.73% | $76.75M | 1.24% | Jun 30, 2026 |
| Franklin Small-Mid Cap Growth Fund | 501,746 | 0.61% | $44.69M | 1.28% | Jul 31, 2026 |
| Conestoga Small Cap Fund | 480,000 | 0.58% | $60.89M | 2.98% | Jun 30, 2026 |
| Columbia Small Cap Growth Fund | 449,365 | 0.54% | $63.00M | 1.72% | May 31, 2026 |
| Spyglass Growth Fund | 417,868 | 0.51% | $53.01M | 5.27% | Jun 30, 2026 |
| iShares S&P Mid-Cap 400 Growth ETF | 406,786 | 0.49% | $51.60M | 0.46% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Matthew Joseph Tobolski | Chief Executive Officer, Director | 335,785 | 0.41% | May 14, 2026 |
| Matthew Shaub | Executive Vice President | 3,801 | 0.00% | Aug 31, 2026 |
| Rebecca Thompson | Chief Accounting Officer | 27,681 | 0.03% | Jun 5, 2026 |
| Gordon Douglas Wichman | Executive Vice President | 18,539 | 0.02% | May 27, 2026 |
| Chung Kin Cheung | Chief Financial Officer | 17,541 | 0.02% | May 26, 2026 |
| Casey Kidwell | Chief Administration Officer | 15,745 | 0.02% | May 15, 2026 |
| Luke A. Bomer | General Counsel and Secretary | 747 | 0.00% | Apr 28, 2026 |
| David Raymond Stewart | Director | 13,876 | 0.02% | Sep 16, 2026 |
| Norman H. Asbjornson | Director, 10% owner | 12,793,322 | 15.52% | Sep 2, 2026 |
| Robert L. Buttermore | Director | 1,284 | 0.00% | Sep 1, 2026 |
| Patrick John Jermain | Director | 1,284 | 0.00% | Sep 1, 2026 |
| Gary D. Fields | Director | 30,751 | 0.04% | Jun 1, 2026 |
| Angela Kouplen | Director | 39,159 | 0.05% | May 14, 2026 |
| Bruce Ware | Director | 9,876 | 0.01% | May 14, 2026 |
| A. H. McElroy II | Director | 136,357 | 0.17% | May 14, 2026 |
| Caron A. Lawhorn | Director | 18,675 | 0.02% | May 14, 2026 |
| Stephen O. LeClair | Director | 31,566 | 0.04% | May 14, 2026 |
| Stephen E. Wakefield | – | 28,997 | 0.04% | Feb 3, 2026 |
| Christopher Douglas Eason | – | 6,241 | 0.01% | Oct 14, 2025 |
| Robert Teis | – | 15,149 | 0.02% | Mar 17, 2025 |
| David E. Benson | – | 221,567 | 0.27% | Mar 13, 2025 |
| Xerxes P. Gazder | – | 3,190 | 0.00% | Feb 18, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David Raymond Stewart Director | Sep 15, 2026 | Buy | +1,000 | $74.66 | $74.66K | 4,000 |
| Norman H. Asbjornson Director, 10% owner | Sep 1, 2026 | Gift | −100,000 | – | – | 11,482,401 |
| Robert L. Buttermore Director | Sep 1, 2026 | Award | +1,284 | – | – | 1,284 |
| Patrick John Jermain Director | Sep 1, 2026 | Award | +1,284 | – | – | 1,284 |
| Matthew Shaub Executive Vice President | Aug 28, 2026 | Buy | +457 | $76.42 | $34.92K | 3,136 |
| Rebecca Thompson Chief Accounting Officer | Jun 2, 2026 | Sale | −4,230 | $143.42 | $606.67K | 0 |
| Norman H. Asbjornson Director, 10% owner | May 29, 2026 | Gift | −101,441 | – | – | 11,582,401 |
| Norman H. Asbjornson Director, 10% owner | May 29, 2026 | Gift | −88,000 | – | – | 1,201,290 |
| Gary D. Fields Director | May 29, 2026 | Sale | −19,000 | $140.20 | $2.66M | 15,252 |
| Gordon Douglas Wichman Executive Vice President | May 26, 2026 | Option exercise | +3,000 | $27.58 | $82.74K | 13,997 |
| Gordon Douglas Wichman Executive Vice President | May 26, 2026 | Sale | −3,000 | $140.39 | $421.17K | 10,997 |
| Gary D. Fields Director | May 26, 2026 | Option exercise | +21,173 | $48.91 | $1.04M | 55,425 |
| Gary D. Fields Director | May 26, 2026 | Sale | −21,173 | $140.34 | $2.97M | 34,252 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Sale | −1,069 | $138.31 | $147.85K | 13,463 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Option exercise | +2,084 | $79.73 | $166.16K | 15,547 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Sale | −2,084 | $138.30 | $288.22K | 13,463 |
| Casey Kidwell Chief Administration Officer | May 14, 2026 | Option exercise | +1,069 | $82.39 | $88.07K | 14,532 |
| Gary D. Fields Director | May 13, 2026 | Sale | −19,081 | $137.60 | $2.63M | 34,252 |
| Gary D. Fields Director | May 13, 2026 | Option exercise | +19,081 | $36.13 | $689.40K | 53,333 |
| Matthew Joseph Tobolski Chief Executive Officer, Director | May 13, 2026 | Tax withholding | −467 | $135.37 | $63.22K | 17,872 |
| Matthew Joseph Tobolski Chief Executive Officer, Director | May 13, 2026 | Sale | −8,000 | $135.37 | $1.08M | 114,371 |
| Norman H. Asbjornson Director, 10% owner | May 12, 2026 | Award | +1,290 | – | – | 98,794 |
| Caron A. Lawhorn Director | May 12, 2026 | Award | +1,290 | – | – | 18,675 |
| Stephen O. LeClair Director | May 12, 2026 | Award | +1,290 | – | – | 31,566 |
| A. H. McElroy II Director | May 12, 2026 | Award | +1,290 | – | – | 75,380 |
| Angela Kouplen Director | May 12, 2026 | Award | +1,290 | – | – | 39,159 |
| Bruce Ware Director | May 12, 2026 | Award | +1,290 | – | – | 9,876 |
| David Raymond Stewart Director | May 12, 2026 | Award | +1,290 | – | – | 9,876 |
| Gary D. Fields Director | May 12, 2026 | Sale | −5,253 | $134.05 | $704.16K | 34,252 |
| Gary D. Fields Director | May 12, 2026 | Option exercise | +5,253 | $31.69 | $166.47K | 39,505 |
| Gary D. Fields Director | May 12, 2026 | Sale | −26,018 | $134.07 | $3.49M | 34,252 |
| Gary D. Fields Director | May 12, 2026 | Option exercise | +26,018 | $48.91 | $1.27M | 60,270 |
| Rebecca Thompson Chief Accounting Officer | May 7, 2026 | Option exercise | +9,672 | $29.48 | $285.13K | 37,353 |
| Rebecca Thompson Chief Accounting Officer | May 7, 2026 | Sale(10b5-1 plan) | −9,672 | $136.59 | $1.32M | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 27, 2026 | Sale(10b5-1 plan) | −400 | $100.27 | $40.11K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 27, 2026 | Option exercise | +400 | $29.48 | $11.79K | 28,081 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Option exercise | +21,914 | $29.48 | $646.02K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Sale(10b5-1 plan) | −21,914 | $100.21 | $2.20M | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Option exercise | +21,914 | $29.48 | $646.02K | 49,595 |
| Rebecca Thompson Chief Accounting Officer | Apr 24, 2026 | Sale | −21,914 | $100.21 | $2.20M | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Option exercise | +7,292 | $29.48 | $214.97K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Sale(10b5-1 plan) | −7,292 | $100.10 | $729.93K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Option exercise | +7,292 | $29.48 | $214.97K | 34,973 |
| Rebecca Thompson Chief Accounting Officer | Apr 23, 2026 | Sale | −7,292 | $100.10 | $729.93K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Option exercise | +2,287 | $29.48 | $67.42K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Sale(10b5-1 plan) | −2,287 | $100.11 | $228.95K | 27,681 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Option exercise | +2,287 | $29.48 | $67.42K | 29,968 |
| Rebecca Thompson Chief Accounting Officer | Apr 21, 2026 | Sale | −2,287 | $100.11 | $228.95K | 27,681 |
| Chung Kin Cheung Chief Financial Officer | Apr 20, 2026 | Award | +15,507 | – | – | 17,541 |
| Gary D. Fields Director | Mar 12, 2026 | Tax withholding | −1,025 | $91.51 | $93.80K | 34,586 |
| Gary D. Fields Director | Mar 12, 2026 | Tax withholding | −334 | $91.51 | $30.56K | 34,252 |
| Gordon Douglas Wichman Executive Vice President | Mar 12, 2026 | Tax withholding | −55 | $91.51 | $5.03K | 10,073 |
| Gordon Douglas Wichman Executive Vice President | Mar 12, 2026 | Tax withholding | −89 | $91.51 | $8.14K | 10,128 |
| Matthew Shaub Executive Vice President | Mar 12, 2026 | Tax withholding | −114 | $91.51 | $10.43K | 1,629 |
| Matthew Shaub Executive Vice President | Mar 12, 2026 | Tax withholding | −40 | $91.51 | $3.66K | 1,743 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Tax withholding | −91 | $91.51 | $8.33K | 12,482 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Tax withholding | −89 | $91.51 | $8.14K | 12,573 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Sale | −2,840 | $90.00 | $255.60K | 12,662 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Option exercise | +2,840 | $62.04 | $176.19K | 15,502 |
| Casey Kidwell Chief Administration Officer | Mar 12, 2026 | Sale | −831 | $90.00 | $74.79K | 12,662 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
9.23%
6M shares short
Days to cover
6.2
At 1M shares a day
Change since last report
+0.5%
From 6M shares
Short volume, 20 days
47.7%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of AAON's stock actually held short. Settlement fails (shares not delivered on time) peaked at 22,766 shares on Aug 19, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Gary D. Fields Officer | May 29, 2026 | 19,000 | $2.65M | May 29, 2026 | RSU's and PSU's |
| Gary D. Fields Director | May 26, 2026 | 21,173 | $2.97M | May 26, 2026 | Option Granted - 03/11/2021 |
| Gordon Douglas Wichman Officer | May 26, 2026 | 3,000 | $421.17K | May 26, 2026 | Option Granted - 03/11/2019 |
| Casey Kidwell Officer | May 14, 2026 | 3,153 | $436.07K | May 14, 2026 | Option Granted - 03/11/2024 |
| VBT Irrevocable Trust DTD 12/21/2022 Member of immediate family of any of the foregoing | May 13, 2026 | 8,000 | $1.08M | May 13, 2026 | BasX Acquisition By Aaon |
| Gary D. Fields Director | May 13, 2026 | 19,081 | $2.63M | May 13, 2026 | Option Granted - 03/15/2022 |
| Gary D. Fields Director | May 12, 2026 | 31,271 | $4.19M | May 12, 2026 | Option Granted - 05/12/2020 |
| Rebecca Thompson Officer | May 7, 2026 | 9,672 | $1.32M | May 7, 2026 | Option Granted 03/11/2020 |
| Rebecca Thompson Officer | Apr 27, 2026 | 400 | $40.11K | Apr 27, 2026 | Option Granted - 03/11/2020 |
| Rebecca Thompson Officer | Apr 24, 2026 | 21,914 | $2.20M | Apr 24, 2026 | Option Granted - 03/11/2020 |
| Rebecca Thompson Officer | Apr 23, 2026 | 7,292 | $729.95K | Apr 23, 2026 | Option Granted - 03/11/2020 |
| Rebecca Thompson Officer | Apr 21, 2026 | 2,287 | $228.95K | Apr 21, 2026 | Option Granted - 03/11/2020 |
| Casey Kidwell Officer | Mar 12, 2026 | 5,225 | $470.25K | Mar 12, 2026 | Options Granted - 03/15/2022 |
| Gary D. Fields Director | Nov 12, 2025 | 26,746 | $2.81M | Nov 11, 2025 | Options Granted-05/12/2020 |
| Gary D. Fields Officer | Nov 12, 2025 | 3,553 | $373.56K | Nov 12, 2025 | Option Granted - 05/12/2020 |
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