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912 hedge funds and large institutions have $19.4B invested in Aflac in 2016 Q4 according to their latest regulatory filings, with 102 funds opening new positions, 287 increasing their positions, 367 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 81

20% more call options, than puts

Call options by funds: $286M | Put options by funds: $238M

0.84% more ownership

Funds ownership: 135.5%136.34% (+0.84%)

1% more funds holding

Funds holding: 905912 (+7)

2% less capital invested

Capital invested by funds: $19.8B → $19.4B (-$403M)

22% less repeat investments, than reductions

Existing positions increased: 287 | Existing positions reduced: 367

23% less funds holding in top 10

Funds holding in top 10: 2217 (-5)

Holders
912
Holders Change
+7
Holders Change %
+0.77%
% of All Funds
22.8%
Holding in Top 10
17
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-22.73%
% of All Funds
0.42%
New
102
Increased
287
Reduced
367
Closed
81
Calls
$286M
Puts
$238M
Net Calls
+$48.3M
Net Calls Change
-$36.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.15B +$46.7M +1,325,540 +2%
State Street
2
State Street
Massachusetts
$1.49B +$101M +2,866,554 +7%
Norges Bank
3
Norges Bank
Norway
$1.45B +$159M +4,528,138 +12%
BIT
4
BlackRock Institutional Trust
California
$800M -$10.3M -291,130 -1%
Wells Fargo
5
Wells Fargo
California
$580M +$2.99M +84,916 +0.5%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$467M -$63.1M -1,793,500 -12%
Nordea Investment Management
7
Nordea Investment Management
Sweden
$464M -$8.7M -246,968 -2%
Harris Associates
8
Harris Associates
Illinois
$449M -$1.07M -30,372 -0.2%
Invesco
9
Invesco
Georgia
$431M -$10M -284,240 -2%
BFA
10
BlackRock Fund Advisors
California
$399M +$47.2M +1,339,646 +13%
Northern Trust
11
Northern Trust
Illinois
$346M -$5.77M -163,980 -2%
AQR Capital Management
12
AQR Capital Management
Connecticut
$294M +$128M +3,635,260 +76%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$262M -$1.65M -46,740 -0.6%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$262M +$10.6M +302,332 +4%
BG
15
BlackRock Group
United Kingdom
$259M +$15.4M +436,074 +6%
Ameriprise
16
Ameriprise
Minnesota
$235M -$53.2M -1,511,722 -18%
Goldman Sachs
17
Goldman Sachs
New York
$215M +$2.14M +60,726 +1%
Franklin Resources
18
Franklin Resources
California
$209M -$5.01M -142,274 -2%
MB
19
Mizuho Bank
Japan
$209M
SOMRS
20
State of Michigan Retirement System
Michigan
$200M -$666K -18,928 -0.3%
American Century Companies
21
American Century Companies
Missouri
$191M +$13.4M +381,846 +7%
Morgan Stanley
22
Morgan Stanley
New York
$189M +$46.6M +1,323,336 +32%
LAM
23
Lyrical Asset Management
New York
$189M +$4.42M +125,506 +2%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$186M +$7.32M +207,900 +4%
LSV Asset Management
25
LSV Asset Management
Illinois
$181M -$2.95M -83,800 -2%

AFL Hedge Fund Activity: Q4 2016 in Review

912 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q4 2016, worth a combined $19.4B — down 2% from $19.8B a quarter earlier.

Buyers outnumbered sellers: 102 funds opened new AFL positions and 81 closed out — a net gain of 21 holders — while 287 added to existing stakes and 367 trimmed.

The largest buyer was Norges Bank, adding an estimated $159M. The largest seller was Ninety One (UK), cutting an estimated $82.7M.

  • 912 institutional investors held Aflac (AFL) as of Q4 2016, up from 905 in Q3 2016.
  • Funds reported $19.4B of Aflac stock for Q4 2016, down 2% quarter-over-quarter.
  • 102 funds opened new Aflac positions in Q4 2016 and 81 closed out, a net change of +21 holders.
  • The largest Aflac buyer in Q4 2016 was Norges Bank, an estimated $159M added.
  • The largest Aflac seller in Q4 2016 was Ninety One (UK), an estimated $82.7M sold.

Based on aggregated 13F filings for Q4 2016.