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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
RF
776
Roxbury Financial
New Jersey
$892K +$2.73K +26 +0.3%
RA
777
Ruggaard & Associates
Ohio
$888K -$210 -2 -0%
ABC
778
Associated Banc-Corp
Wisconsin
$883K +$15.8K +150 +2%
PWAM
779
Pinnacle West Asset Management
Wyoming
$882K +$1.05K +10 +0.1%
DIA
780
Dean Investment Associates
Ohio
$882K -$14.4K -137 -2%
PWM
781
Perigon Wealth Management
California
$881K +$2.63K +25 +0.3%
ETC
782
Exchange Traded Concepts
Oklahoma
$879K -$336K -3,203 -29%
OWP
783
ORG Wealth Partners
Texas
$879K -$22.7K -216 -3%
Wellington Management Group
784
Wellington Management Group
Massachusetts
$879K -$26.2K -249 -3%
FCP
785
Fidelis Capital Partners
Florida
$877K -$735 -7 -0.1%
CAM
786
Creekmur Asset Management
Illinois
$876K -$50.9K -485 -6%
RPCONE
787
Retirement Planning Company of New England
Rhode Island
$871K +$525 +5 +0.1%
PMAM
788
Picton Mahoney Asset Management
Ontario, Canada
$870K +$818K +7,787 New
SRC
789
Shufro Rose & Co
New York
$869K
BCM
790
BluePath Capital Management
Georgia
$868K +$209K +1,990 +34%
SWP
791
Sagespring Wealth Partners
Tennessee
$858K +$47.5K +452 +6%
PTC
792
Private Trust Company
Ohio
$856K -$29.2K -278 -4%
AFCM
793
Applied Finance Capital Management
Puerto Rico
$856K +$805K +7,660 New
MMA
794
Miracle Mile Advisors
California
$854K +$69.2K +659 +9%
TBT
795
Texas Bank & Trust
Texas
$853K -$5.46K -52 -0.7%
SIM
796
Studio Investment Management
Illinois
$852K +$31K +295 +4%
AWA
797
Adapt Wealth Advisors
Georgia
$852K -$77K -733 -9%
HH
798
Hilltop Holdings
Texas
$850K +$799K +7,607 New
VWM
799
Venturi Wealth Management
Texas
$849K -$234K -2,224 -23%
PWW
800
Pettyjohn Wood & White
Virginia
$847K

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.