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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
WA
626
Waddell & Associates
Tennessee
$1.46M +$74.8K +712 +6%
SCTC
627
Sanibel Captiva Trust Company
Florida
$1.45M +$75.5K +719 +6%
MSA
628
MUFG Securities Americas
New York
$1.45M +$231K +2,196 +20%
Holocene Advisors
629
Holocene Advisors
New York
$1.45M -$6.16M -58,601 -82%
SW
630
SlateStone Wealth
Florida
$1.44M -$420K -4,000 -24%
FRA
631
Frank Rimerman Advisors
California
$1.44M -$4.83K -46 -0.4%
KRSITF
632
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$1.43M -$231K -2,198 -15%
FB
633
First Bancorp
Maine
$1.43M
CL
634
Choreo LLC
Illinois
$1.43M -$336K -3,198 -20%
DSC
635
Duncker Streett & Co
Missouri
$1.42M
WF
636
WinCap Financial
Massachusetts
$1.42M +$51.5K +490 +4%
VAM
637
Virtue Asset Management
Illinois
$1.39M +$1.31M +12,477 New
Nomura Holdings
638
Nomura Holdings
Japan
$1.39M +$49.9K +475 +4%
BW
639
BIP Wealth
Georgia
$1.39M +$1.03M +9,773 +368%
I
640
InceptionR
California
$1.38M +$418K +3,983 +48%
SC
641
Stance Capital
Massachusetts
$1.38M -$43.1K -410 -3%
WT
642
Whittier Trust
California
$1.37M +$25K +238 +2%
ACM
643
Alpha Capital Management
Texas
$1.37M
APIM
644
Agate Pass Investment Management
Washington
$1.36M -$21K -200 -2%
EGM
645
Engineers Gate Manager
New York
$1.33M +$1.25M +11,928 New
CRI
646
Commonwealth Retirement Investments
Virginia
$1.33M +$114K +1,085 +10%
SAM
647
Silvercrest Asset Management
New York
$1.33M +$11.8K +112 +1%
FTWA
648
Fifth Third Wealth Advisors
Ohio
$1.33M -$325K -3,090 -21%
RT
649
Rockland Trust
Massachusetts
$1.32M +$198K +1,884 +19%
CWS
650
Confluence Wealth Services
Pennsylvania
$1.32M +$10.2K +97 +0.8%

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.