Stratton Management’s Aflac AFL Stock Holding History

Stratton 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	$1.57M	Sell	52,500 -7,400	-12%	-$230K	0.19%	132
2015 Q3	$1.74M	Buy	59,900 +20,750	+53%	+$628K	0.2%	135
2015 Q2	$1.22M	Sell	39,150 -9,200	-19%	-$291K	0.05%	236
2015 Q1	$1.55M	Hold	48,350	–	–	0.06%	231
2014 Q4	$1.48M	Sell	48,350 -8,950	-16%	-$264K	0.06%	231
2014 Q3	$1.67M	Sell	57,300 -6,850	-11%	-$208K	0.08%	217
2014 Q2	$2M	Sell	64,150 -1,900	-3%	-$59.3K	0.08%	210
2014 Q1	$2.08M	Hold	66,050	–	–	0.1%	193
2013 Q4	$2.21M	Buy	66,050 +900	+1%	+$29.5K	0.1%	185
2013 Q3	$2.02M	Buy	65,150 +5,650	+9%	+$170K	0.1%	192
2013 Q2	$1.73M	Buy	+59,500	New	+$1.61M	0.1%	194

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

Stratton Management's AFL Position: Q4 2015 in Review

Stratton Management reduced its Aflac (AFL) stake by 12% in Q4 2015, selling an estimated $230K and leaving 52,500 shares worth $1.57M. The position accounts for 0.19% of the portfolio, ranked #132.

Stratton Management first reported a position in AFL in Q2 2013 and has held it in 11 quarters since. The position peaked at $2.21M in Q4 2013. 824 funds tracked by Wall St. Rank hold AFL as of Q4 2015.

Stratton Management held 52,500 shares of Aflac worth $1.57M as of Q4 2015.
Stratton Management sold 7,400 Aflac shares in Q4 2015, an estimated $230K.
Aflac made up 0.19% of Stratton Management's portfolio in Q4 2015, its #132 holding.
Stratton Management first reported a position in Aflac in Q2 2013 and has held it in 11 quarters since.
Stratton Management's Aflac position peaked at $2.21M in Q4 2013.
824 funds tracked by Wall St. Rank held Aflac as of Q4 2015.

Based on Stratton Management's 13F filing for Q4 2015, filed 11 Feb 2016.