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912 hedge funds and large institutions have $19.4B invested in Aflac in 2016 Q4 according to their latest regulatory filings, with 102 funds opening new positions, 287 increasing their positions, 367 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 81

20% more call options, than puts

Call options by funds: $286M | Put options by funds: $238M

0.84% more ownership

Funds ownership: 135.5%136.34% (+0.84%)

1% more funds holding

Funds holding: 905912 (+7)

2% less capital invested

Capital invested by funds: $19.8B → $19.4B (-$403M)

22% less repeat investments, than reductions

Existing positions increased: 287 | Existing positions reduced: 367

23% less funds holding in top 10

Funds holding in top 10: 2217 (-5)

Holders
912
Holders Change
+7
Holders Change %
+0.77%
% of All Funds
22.8%
Holding in Top 10
17
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-22.73%
% of All Funds
0.42%
New
102
Increased
287
Reduced
367
Closed
81
Calls
$286M
Puts
$238M
Net Calls
+$48.3M
Net Calls Change
-$36.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
26
Victory Capital Management
Texas
$158M +$2.87M +81,504 +2%
Ninety One (UK)
27
Ninety One (UK)
United Kingdom
$152M -$82.7M -2,349,528 -35%
Legal & General Group
28
Legal & General Group
United Kingdom
$133M -$4.97M -141,104 -4%
Schroder Investment Management Group
29
Schroder Investment Management Group
United Kingdom
$130M +$21.4M +608,680 +19%
Prudential Financial
30
Prudential Financial
New Jersey
$124M -$3.14M -89,320 -2%
JHIU
31
Janus Henderson Investors US
Colorado
$114M +$48.4M +1,374,968 +73%
AI
32
Ariel Investments
Illinois
$113M -$776K -22,026 -0.7%
PPA
33
Parametric Portfolio Associates
Washington
$111M -$9.12M -259,064 -7%
UBS AM
34
UBS AM
Illinois
$111M -$47M -1,334,060 -30%
Boston Partners
35
Boston Partners
Massachusetts
$106M +$164K +4,656 +0.2%
Bank of America
36
Bank of America
North Carolina
$98.6M -$7.24M -205,508 -7%
SCM
37
Smead Capital Management
Arizona
$96.3M -$12.7M -361,548 -12%
Sumitomo Mitsui Trust Group
38
Sumitomo Mitsui Trust Group
Japan
$94.6M -$681K -19,336 -0.7%
TCIM
39
TIAA CREF Investment Management
New York
$93.7M -$9.43M -267,852 -9%
BlackRock
40
BlackRock
New York
$89.7M -$23.1M -656,386 -20%
Charles Schwab
41
Charles Schwab
California
$89.5M +$2.69M +76,482 +3%
New York State Common Retirement Fund
42
New York State Common Retirement Fund
New York
$89.3M -$4.05M -115,000 -4%
AL
43
AJO LP
Pennsylvania
$88.5M +$3.89M +110,430 +5%
JP Morgan Chase
44
JP Morgan Chase
New York
$84.5M +$23.8M +677,354 +39%
Swiss National Bank
45
Swiss National Bank
Switzerland
$79.5M -$690K -19,600 -0.9%
CP
46
Coho Partners
Pennsylvania
$78.7M -$399K -11,322 -0.5%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$77.1M -$6.35M -180,400 -8%
Federated Hermes
48
Federated Hermes
Pennsylvania
$69.8M +$1.32M +37,372 +2%
Stifel Financial
49
Stifel Financial
Missouri
$63.1M +$9.46M +268,554 +17%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$60M -$1.56M -44,200 -2%

AFL Hedge Fund Activity: Q4 2016 in Review

912 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q4 2016, worth a combined $19.4B — down 2% from $19.8B a quarter earlier.

Buyers outnumbered sellers: 102 funds opened new AFL positions and 81 closed out — a net gain of 21 holders — while 287 added to existing stakes and 367 trimmed.

The largest buyer was Norges Bank, adding an estimated $159M. The largest seller was Ninety One (UK), cutting an estimated $82.7M.

  • 912 institutional investors held Aflac (AFL) as of Q4 2016, up from 905 in Q3 2016.
  • Funds reported $19.4B of Aflac stock for Q4 2016, down 2% quarter-over-quarter.
  • 102 funds opened new Aflac positions in Q4 2016 and 81 closed out, a net change of +21 holders.
  • The largest Aflac buyer in Q4 2016 was Norges Bank, an estimated $159M added.
  • The largest Aflac seller in Q4 2016 was Ninety One (UK), an estimated $82.7M sold.

Based on aggregated 13F filings for Q4 2016.