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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
DMBA
1026
Deseret Mutual Benefit Administrators
Utah
$418K -$7.98K -76 -2%
PAG
1027
Powers Advisory Group
Illinois
$417K +$945 +9 +0.2%
D
1028
Dentgroup
Louisiana
$416K -$27K -257 -6%
KFP
1029
Kerr Financial Planning
California
$415K +$386K +3,673 New
AC
1030
AlphaCore Capital
California
$415K +$336K +3,199 +619%
EARNEST Partners
1031
EARNEST Partners
Georgia
$412K -$182K -1,735 -32%
AFC
1032
AFT Forsyth & Company
Florida
$410K
VT
1033
Volterra Technologies
New York
$410K -$1.96M -18,674 -84%
TWM
1034
TriaGen Wealth Management
California
$408K +$26.7K +254 +7%
CF
1035
Claris Financial
Virginia
$407K +$23.8K +227 +7%
FWTB
1036
First Western Trust Bank
Colorado
$407K -$5.15K -49 -1%
APW
1037
Acima Private Wealth
Virginia
$406K
AFG
1038
ABLE Financial Group
Arizona
$406K
BWM
1039
BKM Wealth Management
Wisconsin
$405K -$2.32M -22,091 -86%
MCM
1040
Monument Capital Management
Virginia
$405K -$38K -362 -9%
PWPS
1041
Pinnacle Wealth Planning Services
Ohio
$405K -$105 -1 -0%
NAM
1042
NorthCrest Asset Manangement
Minnesota
$404K +$154K +1,469 +70%
BA
1043
Bridgewater Advisors
New York
$403K -$1.79K -17 -0.5%
PFBT
1044
Parkside Financial Bank & Trust
Missouri
$401K +$23.9K +228 +7%
CC
1045
Chicago Capital
Illinois
$401K -$14.5K -138 -4%
PCM
1046
Polymer Capital Management
New York
$400K +$376K +3,577 New
OS
1047
Objectivity Squared
South Carolina
$399K +$2K +19 +0.5%
BPCE
1048
Bank Pictet & Cie (Europe)
Germany
$397K +$5.25K +50 +1%
BIG
1049
Brookwood Investment Group
Arizona
$397K
ST
1050
Spinnaker Trust
Maine
$397K

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.