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1,653 hedge funds and large institutions have $37.5B invested in Aflac in 2026 Q1 according to their latest regulatory filings, with 123 funds opening new positions, 520 increasing their positions, 655 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

280% more call options, than puts

Call options by funds: $289M | Put options by funds: $76.1M

9% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 113

0.43% less ownership

Funds ownership: 66.87%66.44% (-0.43%)

3% less capital invested

Capital invested by funds: $38.6B → $37.5B (-$1.08B)

1% less funds holding

Funds holding: 1,6771,653 (-24)

5% less funds holding in top 10

Funds holding in top 10: 2019 (-1)

21% less repeat investments, than reductions

Existing positions increased: 520 | Existing positions reduced: 655

Holders
1,653
Holders Change
-24
Holders Change %
-1.43%
% of All Funds
20.33%
Holding in Top 10
19
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5%
% of All Funds
0.23%
New
123
Increased
520
Reduced
655
Closed
113
Calls
$289M
Puts
$76.1M
Net Calls
+$213M
Net Calls Change
+$61.8M
Name Holding Trade Value Shares
Change
Change in
Stake
GAM
76
Gotham Asset Management
New York
$52.3M +$7.84M +70,779 +17%
CCMG
77
Clark Capital Management Group
Pennsylvania
$52.3M +$551K +4,976 +1%
Canada Life
78
Canada Life
Manitoba, Canada
$51.1M -$514K -4,640 -1%
Retirement Systems of Alabama
79
Retirement Systems of Alabama
Alabama
$50.7M -$135K -1,214 -0.3%
Corient Private Wealth
80
Corient Private Wealth
Florida
$50.6M -$71M -640,803 -58%
Stifel Financial
81
Stifel Financial
Missouri
$50.4M -$2.4M -21,672 -5%
State Board of Administration of Florida Retirement System
82
State Board of Administration of Florida Retirement System
Florida
$49M -$3.04M -27,474 -6%
DekaBank Deutsche Girozentrale
83
DekaBank Deutsche Girozentrale
Germany
$48.8M
SCM
84
Sterling Capital Management
North Carolina
$47.4M -$2.16M -19,500 -4%
Millennium Management
85
Millennium Management
New York
$44.7M -$13.7M -123,183 -23%
Aviva
86
Aviva
United Kingdom
$44.5M -$2.52M -22,729 -5%
Truist Financial
87
Truist Financial
North Carolina
$44.1M -$3.31M -29,843 -7%
SG Americas Securities
88
SG Americas Securities
New York
$43.4M +$27.2M +245,429 +164%
DB
89
Danske Bank
Denmark
$42.8M +$310K +2,797 +0.7%
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$42.1M -$4.64M -41,901 -10%
GIA
91
Gateway Investment Advisers
Ohio
$41.7M -$584K -5,273 -1%
Aberdeen Group
92
Aberdeen Group
United Kingdom
$41.3M +$1.73M +15,632 +4%
PCH
93
Polar Capital Holdings
United Kingdom
$41.1M -$8.09M -73,000 -16%
AT
94
AMF Tjänstepension
Sweden
$40.7M +$1.2M +10,790 +3%
KK
95
KLP Kapitalforvaltning
Norway
$40.1M +$499K +4,500 +1%
Adage Capital Partners
96
Adage Capital Partners
Massachusetts
$39.3M -$7.5M -67,700 -16%
RMA
97
Roffman Miller Associates
Pennsylvania
$39M -$1.44M -12,990 -4%
New York State Teachers Retirement System (NYSTRS)
98
New York State Teachers Retirement System (NYSTRS)
New York
$38.6M
Cetera Investment Advisers
99
Cetera Investment Advisers
Illinois
$38.2M -$1.09M -9,870 -3%
Natixis Advisors
100
Natixis Advisors
Massachusetts
$38M +$12.3M +111,400 +47%

AFL Hedge Fund Activity: Q1 2026 in Review

1,653 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q1 2026, worth a combined $37.5B — down 2.8% from $38.6B a quarter earlier.

Buyers outnumbered sellers: 123 funds opened new AFL positions and 113 closed out — a net gain of 10 holders — while 520 added to existing stakes and 655 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $218M. The largest seller was AQR Capital Management, cutting an estimated $118M.

  • 1,653 institutional investors held Aflac (AFL) as of Q1 2026, down from 1,677 in Q4 2025.
  • Funds reported $37.5B of Aflac stock for Q1 2026, down 2.8% quarter-over-quarter.
  • 123 funds opened new Aflac positions in Q1 2026 and 113 closed out, a net change of +10 holders.
  • The largest Aflac buyer in Q1 2026 was First Trust Advisors, an estimated $218M added.
  • The largest Aflac seller in Q1 2026 was AQR Capital Management, an estimated $118M sold.

Based on aggregated 13F filings for Q1 2026.