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1,621 hedge funds and large institutions have $38.9B invested in Aflac in 2025 Q3 according to their latest regulatory filings, with 136 funds opening new positions, 491 increasing their positions, 644 reducing their positions, and 102 closing their positions.

New
Increased
Maintained
Reduced
Closed

154% more call options, than puts

Call options by funds: $465M | Put options by funds: $183M

33% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 102

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

1% more capital invested

Capital invested by funds: $38.5B → $38.9B (+$394M)

1% more funds holding

Funds holding: 1,6121,621 (+9)

2.22% less ownership

Funds ownership: 67.5%65.28% (-2.2%)

24% less repeat investments, than reductions

Existing positions increased: 491 | Existing positions reduced: 644

Holders
1,621
Holders Change
+9
Holders Change %
+0.56%
% of All Funds
21.28%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.26%
New
136
Increased
491
Reduced
644
Closed
102
Calls
$465M
Puts
$183M
Net Calls
+$282M
Net Calls Change
+$85.3M
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
601
Mendel Capital Management
Arkansas
$1.61M +$2.84K +27 +0.2%
AAS
602
Annex Advisory Services
Wisconsin
$1.6M -$29.4K -280 -2%
VA
603
VestGen Advisors
Illinois
$1.59M +$183K +1,744 +14%
BM
604
Berman McAleer
Maryland
$1.58M +$1.48M +14,137 New
MA
605
Montag & Associates
Georgia
$1.58M +$3.68K +35 +0.2%
PS
606
Pensionfund Sabic
Netherlands
$1.57M
BBVA
607
Banco Bilbao Vizcaya Argentaria
Spain
$1.57M -$9.39M -89,410 -86%
PI
608
PineBridge Investments
New York
$1.57M -$2.3M -21,923 -61%
AI
609
Atria Investments
North Carolina
$1.57M -$1.21M -11,493 -45%
VT
610
Vise Technologies
New York
$1.57M -$144K -1,368 -9%
GI
611
GAMMA Investing
California
$1.55M +$68.4K +651 +5%
MSFS
612
Main Street Financial Solutions
Pennsylvania
$1.55M +$204K +1,942 +16%
WSC
613
Wellington Shields & Co
New York
$1.55M -$28.6K -272 -2%
RI
614
Ridgewood Investments
New Jersey
$1.55M -$10.6K -101 -0.7%
BCM
615
Bancreek Capital Management
California
$1.53M -$115K -1,093 -7%
AFM
616
Abbot Financial Management
Massachusetts
$1.53M
OAM
617
Oak Asset Management
California
$1.5M -$6.51K -62 -0.5%
PAM
618
Panagora Asset Management
Massachusetts
$1.49M -$15.5K -148 -1%
AFG
619
Atomi Financial Group
New York
$1.49M +$92.2K +878 +7%
CSP
620
Cary Street Partners
Virginia
$1.48M +$5.36K +51 +0.4%
TSS
621
Two Sigma Securities
New York
$1.48M -$1.62M -15,388 -54%
BBHC
622
Brown Brothers Harriman & Co
New York
$1.48M +$28.9K +275 +2%
MMPW
623
Mitchell McLeod Pugh & Williams
Alabama
$1.48M -$42.5K -405 -3%
CFP
624
Cascade Financial Partners
California
$1.47M +$5.25K +50 +0.4%
MCC
625
Money Concepts Capital
Florida
$1.47M +$36.9K +351 +3%

AFL Hedge Fund Activity: Q3 2025 in Review

1,621 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q3 2025, worth a combined $38.9B — up 1% from $38.5B a quarter earlier.

Buyers outnumbered sellers: 136 funds opened new AFL positions and 102 closed out — a net gain of 34 holders — while 491 added to existing stakes and 644 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $122M. The largest seller was Wells Fargo, cutting an estimated $381M.

  • 1,621 institutional investors held Aflac (AFL) as of Q3 2025, up from 1,612 in Q2 2025.
  • Funds reported $38.9B of Aflac stock for Q3 2025, up 1% quarter-over-quarter.
  • 136 funds opened new Aflac positions in Q3 2025 and 102 closed out, a net change of +34 holders.
  • The largest Aflac buyer in Q3 2025 was AQR Capital Management, an estimated $122M added.
  • The largest Aflac seller in Q3 2025 was Wells Fargo, an estimated $381M sold.

Based on aggregated 13F filings for Q3 2025.