Yellowstone Partners’s Aflac AFL Stock Holding History

Yellowstone Partners’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	-11,776	Closed	-$342K	–	222
2015 Q3	$342K	Sell	11,776 -29,874	-72%	-$904K	0.16%	115
2015 Q2	$1.29M	Buy	41,650 +1,218	+3%	+$38.5K	0.59%	36
2015 Q1	$1.29M	Buy	40,432 +4,768	+13%	+$145K	0.65%	36
2014 Q4	$1.09M	Buy	35,664 +1,292	+4%	+$38.2K	0.59%	41
2014 Q3	$1M	Buy	34,372 +1,546	+5%	+$47.1K	0.57%	41
2014 Q2	$1.02M	Buy	32,826 +1,528	+5%	+$47.7K	0.6%	37
2014 Q1	$987K	Sell	31,298 -130	-0.4%	-$4.13K	0.62%	33
2013 Q4	$1.05M	Buy	+31,428	New	+$1.03M	0.68%	32

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

Yellowstone Partners's AFL Position: Q4 2015 in Review

Yellowstone Partners sold out of Aflac (AFL) in Q4 2015, closing a stake of 11,776 shares — an estimated $342K sold.

Yellowstone Partners first reported a position in AFL in Q4 2013 and held it in 8 quarters. The position peaked at $1.29M in Q2 2015. 824 funds tracked by Wall St. Rank hold AFL as of Q4 2015.

Yellowstone Partners reported no remaining Aflac position as of Q4 2015 after selling out during the quarter.
Yellowstone Partners sold 11,776 Aflac shares in Q4 2015, an estimated $342K.
Yellowstone Partners first reported a position in Aflac in Q4 2013 and held it in 8 quarters.
Yellowstone Partners's Aflac position peaked at $1.29M in Q2 2015.
824 funds tracked by Wall St. Rank held Aflac as of Q4 2015.

Based on Yellowstone Partners's 13F filing for Q4 2015, filed 17 Aug 2016.