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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
GAM
76
Guinness Asset Management
United Kingdom
$28.8M +$745K +16,300 +2%
TH
77
TCTC Holdings
Texas
$28.7M
Adage Capital Partners
78
Adage Capital Partners
Massachusetts
$28.4M +$4.65M +101,800 +14%
Wellington Management Group
79
Wellington Management Group
Massachusetts
$27.7M -$10.2M -223,840 -22%
Canada Life
80
Canada Life
Manitoba, Canada
$27.3M -$682K -14,918 -2%
Manulife (Manufacturers Life Insurance)
81
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$26.9M +$8.62M +188,603 +32%
Ameriprise
82
Ameriprise
Minnesota
$25.6M +$4.27M +93,484 +14%
BCM
83
Bridgeway Capital Management
Texas
$24.3M -$48.9K -1,070 -0.2%
NIPH
84
NN Investment Partners Holdings
Netherlands
$24.2M +$14.5M +317,692 +82%
Connor, Clark & Lunn Investment Management (CC&L)
85
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$23.4M -$3.21M -70,196 -9%
WF
86
Welch & Forbes
Massachusetts
$22.8M -$140K -3,070 -0.5%
D.E. Shaw & Co
87
D.E. Shaw & Co
New York
$22.8M +$28.2M +617,849 +1,272%
VOYA Investment Management
88
VOYA Investment Management
Georgia
$22.7M -$305K -6,679 -1%
WIC
89
Willis Investment Counsel
Georgia
$22.6M +$6.61M +144,637 +28%
Barclays
90
Barclays
United Kingdom
$22.5M -$47.8M -1,045,016 -61%
JFA
91
JNBA Financial Advisors
Minnesota
$22.5M -$22.7K -497 -0.1%
SAM
92
Storebrand Asset Management
Norway
$22.2M +$29.7M +649,719 New
UBS Group
93
UBS Group
Switzerland
$22.1M -$35.1M -768,509 -54%
Truist Financial
94
Truist Financial
North Carolina
$22.1M -$712K -15,589 -2%
BGIM
95
Brandywine Global Investment Management
Pennsylvania
$22M -$378K -8,279 -1%
Chevy Chase Trust
96
Chevy Chase Trust
Maryland
$22M +$411K +8,987 +1%
CCMG
97
Clark Capital Management Group
Pennsylvania
$21.3M +$1.23M +26,955 +5%
Bank Julius Baer & Co
98
Bank Julius Baer & Co
Switzerland
$20.9M +$27.9M +610,833 New
Stifel Financial
99
Stifel Financial
Missouri
$19.7M -$6.17M -134,957 -19%
Royal London Asset Management
100
Royal London Asset Management
United Kingdom
$19.6M +$636K +13,906 +3%

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.