Argentus Capital Management’s Aflac AFL Stock Holding History

Argentus Capital Management’s Portfolio AFL Stock Details AFL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-51,862	Closed	-$1.51M	–	580
2015 Q3	$1.51M	Buy	51,862 +3,150	+6%	+$95.3K	0.22%	123
2015 Q2	$1.51M	Buy	48,712 +748	+2%	+$23.7K	0.23%	112
2015 Q1	$1.53M	Sell	47,964 -4,542	-9%	-$139K	0.24%	109
2014 Q4	$1.6M	Sell	52,506 -810	-2%	-$23.9K	0.27%	107
2014 Q3	$1.55M	Sell	53,316 -28,394	-35%	-$864K	0.25%	115
2014 Q2	$2.54M	Buy	81,710 +2,528	+3%	+$78.9K	0.67%	32
2014 Q1	$2.5M	Buy	79,182 +7,298	+10%	+$232K	0.61%	25
2013 Q4	$2.4M	Buy	71,884 +2,904	+4%	+$95.3K	0.51%	32
2013 Q3	$2.14M	Sell	68,980 -13,060	-16%	-$393K	0.49%	32
2013 Q2	$2.38M	Buy	+82,040	New	+$2.23M	0.56%	27

Other funds holding AFL

Norges Bank Oslo, Norway $1T AUM

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Nordea Investment Management Stockholm, Sweden $123B AUM 38.85% 1-Year Est. Return

SOMRS

State of Michigan Retirement System Lansing, Michigan $22.6B AUM 40.24% 1-Year Est. Return

Argentus Capital Management's AFL Position: Q4 2015 in Review

Argentus Capital Management sold out of Aflac (AFL) in Q4 2015, closing a stake of 51,862 shares — an estimated $1.51M sold.

Argentus Capital Management first reported a position in AFL in Q2 2013 and held it in 10 quarters. The position peaked at $2.54M in Q2 2014. 824 funds tracked by Wall St. Rank hold AFL as of Q4 2015.

Argentus Capital Management reported no remaining Aflac position as of Q4 2015 after selling out during the quarter.
Argentus Capital Management sold 51,862 Aflac shares in Q4 2015, an estimated $1.51M.
Argentus Capital Management first reported a position in Aflac in Q2 2013 and held it in 10 quarters.
Argentus Capital Management's Aflac position peaked at $2.54M in Q2 2014.
824 funds tracked by Wall St. Rank held Aflac as of Q4 2015.

Based on Argentus Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.