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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
OSAM
101
O'Shaughnessy Asset Management
Connecticut
$37.5M +$1.52M +13,675 +4%
AQR Capital Management
102
AQR Capital Management
Connecticut
$37.4M -$118M -1,065,781 -76%
HC
103
Henshaw Capital
Massachusetts
$37M
BNP Paribas Asset Management
104
BNP Paribas Asset Management
France
$36.5M -$19.7M -177,518 -35%
Rockefeller Capital Management
105
Rockefeller Capital Management
New York
$36.3M -$1.19M -10,772 -3%
CI
106
Conning Inc
Connecticut
$36M +$2.07M +18,658 +6%
WF
107
Welch & Forbes
Massachusetts
$34.8M -$470K -4,237 -1%
Pictet Asset Management
108
Pictet Asset Management
Switzerland
$33.6M -$3.38M -30,527 -9%
Baird Financial Group
109
Baird Financial Group
Wisconsin
$33.3M +$12M +108,466 +56%
WIC
110
Willis Investment Counsel
Georgia
$33.2M +$120K +1,086 +0.4%
Royal London Asset Management
111
Royal London Asset Management
United Kingdom
$33M -$41.1K -371 -0.1%
Cerity Partners
112
Cerity Partners
New York
$32.9M +$1.84M +16,590 +6%
HW
113
Hancock Whitney
Mississippi
$32.6M -$1.25M -11,273 -4%
APG Asset Management
114
APG Asset Management
Netherlands
$30.5M -$1.86M -16,762 -5%
Swedbank
115
Swedbank
Sweden
$29.5M -$858K -7,738 -3%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
116
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$29.5M -$76.4M -689,342 -72%
PC
117
PhiloSmith Capital
Connecticut
$29.4M
State of Wisconsin Investment Board
118
State of Wisconsin Investment Board
Wisconsin
$29.2M +$397K +3,581 +1%
CIBC Asset Management
119
CIBC Asset Management
Ontario, Canada
$29M +$4.44M +40,096 +18%
Creative Planning
120
Creative Planning
Kansas
$28.6M +$1.06M +9,555 +4%
Schroder Investment Management Group
121
Schroder Investment Management Group
United Kingdom
$28.5M +$266K +2,403 +0.9%
Zurich Cantonal Bank
122
Zurich Cantonal Bank
Switzerland
$28.4M +$28.7M +258,905 New
Prudential Financial
123
Prudential Financial
New Jersey
$28.3M -$1.27M -11,490 -4%
WPC
124
Waters Parkerson & Co
Louisiana
$28.3M -$383K -3,458 -1%
Toronto Dominion Bank
125
Toronto Dominion Bank
Ontario, Canada
$28.3M +$4.94M +44,591 +21%

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.