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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
Luther King Capital Management (LKCM)
1001
Luther King Capital Management (LKCM)
Texas
$446K
SSWM
1002
Smith Salley Wealth Management
North Carolina
$444K
FA
1003
Faithward Advisors
Pennsylvania
$441K +$27.3K +260 +7%
WIA
1004
World Investment Advisors
California
$440K -$177K -1,688 -30%
AT
1005
American Trust
Kentucky
$439K +$29.1K +277 +8%
Empower Advisory Group
1006
Empower Advisory Group
Colorado
$439K +$32K +305 +8%
PTC
1007
Philadelphia Trust Company
Pennsylvania
$436K
MA
1008
MONECO Advisors
Connecticut
$436K +$410K +3,903 New
AG
1009
AlTi Global
New York
$436K -$16.1K -153 -4%
ANC
1010
Ames National Corp
Iowa
$434K -$15.8K -150 -4%
BAM
1011
Brave Asset Management
New Jersey
$431K +$189K +1,800 +87%
TFS
1012
Thoroughbred Financial Services
Tennessee
$431K +$31.2K +297 +8%
SIA
1013
Soltis Investment Advisors
Utah
$429K +$403K +3,838 New
EIP
1014
Ellis Investment Partners
Pennsylvania
$428K +$16.9K +161 +4%
KFI
1015
Key Financial Inc
Pennsylvania
$428K
RBI
1016
Raiffeisen Bank International
Austria
$428K -$1.17M -11,175 -74%
CAM
1017
Cidel Asset Management
Ontario, Canada
$427K
LAM
1018
Lewis Asset Management
California
$425K +$15.7K +149 +4%
TPI
1019
Trust Point Inc
Wisconsin
$424K +$399K +3,798 New
BPWM
1020
Badgley Phelps Wealth Managers
Washington
$424K -$1.05K -10 -0.3%
LIM
1021
Letson Investment Management
Georgia
$423K
IF
1022
Intrua Financial
Texas
$421K +$18.9K +180 +5%
SG
1023
StoneX Group
New York
$421K -$124K -1,183 -24%
TCM
1024
Teza Capital Management
Illinois
$420K +$395K +3,759 New
BFA
1025
Beaumont Financial Advisors
Massachusetts
$418K -$630 -6 -0.2%

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.