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972 hedge funds and large institutions have $17.1B invested in Aflac in 2020 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 288 increasing their positions, 466 reducing their positions, and 194 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more call options, than puts

Call options by funds: $195M | Put options by funds: $91.9M

0.43% more ownership

Funds ownership: 68.73%69.15% (+0.43%)

12% less funds holding

Funds holding: 1,110972 (-138)

36% less capital invested

Capital invested by funds: $26.6B → $17.1B (-$9.5B)

38% less repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 466

44% less funds holding in top 10

Funds holding in top 10: 1810 (-8)

63% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 194

Holders
972
Holders Change
-138
Holders Change %
-12.43%
% of All Funds
21.42%
Holding in Top 10
10
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-44.44%
% of All Funds
0.22%
New
72
Increased
288
Reduced
466
Closed
194
Calls
$195M
Puts
$91.9M
Net Calls
+$103M
Net Calls Change
-$7.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Russell Investments Group
51
Russell Investments Group
United Kingdom
$47.2M -$9.91M -216,737 -14%
SF
52
Synovus Financial
Georgia
$43M +$584K +12,773 +1%
EVM
53
Eaton Vance Management
Massachusetts
$42.4M -$529K -11,581 -0.9%
PI
54
PGGM Investments
Netherlands
$42.1M -$12K -262 -0%
Deutsche Bank
55
Deutsche Bank
Germany
$41.8M -$6.07M -132,750 -10%
MAMU
56
Marathon Asset Management (UK)
United Kingdom
$41.3M +$5.05M +110,425 +10%
Skandinaviska Enskilda Banken (SEB)
57
Skandinaviska Enskilda Banken (SEB)
Sweden
$40.8M -$33.6M -734,590 -38%
PAMU
58
Pictet Asset Management (UK)
United Kingdom
$40.5M -$3.41M -74,681 -6%
AG
59
Aperio Group
California
$39.8M -$19.6M -429,382 -27%
Prudential Financial
60
Prudential Financial
New Jersey
$39M -$1.35M -29,643 -3%
RJA
61
Raymond James & Associates
Florida
$38.3M +$18.3M +400,672 +56%
State Board of Administration of Florida Retirement System
62
State Board of Administration of Florida Retirement System
Florida
$36.3M +$666K +14,568 +1%
Thrivent Financial for Lutherans
63
Thrivent Financial for Lutherans
Minnesota
$36.3M -$2.12M -46,381 -4%
New York State Teachers Retirement System (NYSTRS)
64
New York State Teachers Retirement System (NYSTRS)
New York
$36M -$3.75M -82,100 -7%
Principal Financial Group
65
Principal Financial Group
Iowa
$35.5M -$2.05M -44,869 -4%
National Pension Service
66
National Pension Service
South Korea
$34.6M +$618K +13,525 +1%
Bank of Montreal
67
Bank of Montreal
Ontario, Canada
$33.6M -$30.4M -666,082 -39%
ZIM
68
Zacks Investment Management
Illinois
$32.9M -$243K -5,320 -0.6%
AQR Capital Management
69
AQR Capital Management
Connecticut
$32.5M -$132M -2,883,950 -75%
TD Asset Management
70
TD Asset Management
Ontario, Canada
$31.9M -$2.7M -59,000 -6%
Citigroup
71
Citigroup
New York
$31.3M -$9.29M -203,326 -18%
Mitsubishi UFJ Trust & Banking
72
Mitsubishi UFJ Trust & Banking
Japan
$31.3M +$1.82M +39,871 +5%
JP Morgan Chase
73
JP Morgan Chase
New York
$30.6M +$2.31M +50,513 +6%
HSBC Holdings
74
HSBC Holdings
United Kingdom
$30.3M +$7.52M +164,521 +23%
Millennium Management
75
Millennium Management
New York
$30.2M +$37.2M +813,088 +1,204%

AFL Hedge Fund Activity: Q1 2020 in Review

972 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q1 2020, worth a combined $17.1B — down 36% from $26.6B a quarter earlier.

Sellers outnumbered buyers: 194 funds closed out of AFL and 72 opened new positions — a net loss of 122 holders — while 466 trimmed existing stakes and 288 added.

The largest buyer was Victory Capital Management, adding an estimated $399M. The largest seller was Fidelity Investments, cutting an estimated $179M.

  • 972 institutional investors held Aflac (AFL) as of Q1 2020, down from 1,110 in Q4 2019.
  • Funds reported $17.1B of Aflac stock for Q1 2020, down 36% quarter-over-quarter.
  • 72 funds opened new Aflac positions in Q1 2020 and 194 closed out, a net change of -122 holders.
  • The largest Aflac buyer in Q1 2020 was Victory Capital Management, an estimated $399M added.
  • The largest Aflac seller in Q1 2020 was Fidelity Investments, an estimated $179M sold.

Based on aggregated 13F filings for Q1 2020.