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1,052 hedge funds and large institutions have $23.1B invested in Aflac in 2018 Q4 according to their latest regulatory filings, with 120 funds opening new positions, 323 increasing their positions, 413 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 83

25% more funds holding in top 10

Funds holding in top 10: 2025 (+5)

3% more funds holding

Funds holding: 1,0251,052 (+27)

2% more call options, than puts

Call options by funds: $275M | Put options by funds: $269M

0.35% more ownership

Funds ownership: 67.3%67.66% (+0.35%)

5% less capital invested

Capital invested by funds: $24.2B → $23.1B (-$1.13B)

22% less repeat investments, than reductions

Existing positions increased: 323 | Existing positions reduced: 413

Holders
1,052
Holders Change
+27
Holders Change %
+2.63%
% of All Funds
23.44%
Holding in Top 10
25
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+25%
% of All Funds
0.56%
New
120
Increased
323
Reduced
413
Closed
83
Calls
$275M
Puts
$269M
Net Calls
+$6.23M
Net Calls Change
-$26.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.11B +$64.7M +1,455,844 +2%
BlackRock
2
BlackRock
New York
$2.35B +$69.3M +1,557,905 +3%
State Street
3
State Street
Massachusetts
$1.84B -$47.6M -1,071,100 -3%
Wells Fargo
4
Wells Fargo
California
$727M -$27.2M -611,773 -4%
AQR Capital Management
5
AQR Capital Management
Connecticut
$515M -$15.4M -347,059 -3%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$506M -$43.5M -977,833 -8%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$472M +$32.2M +724,613 +8%
Northern Trust
8
Northern Trust
Illinois
$465M -$8.03M -180,584 -2%
APG Asset Management
9
APG Asset Management
Netherlands
$418M -$862K -19,400 -0.2%
LAM
10
Lyrical Asset Management
New York
$356M -$17.8M -401,381 -5%
Goldman Sachs
11
Goldman Sachs
New York
$315M -$60.1M -1,351,289 -16%
Invesco
12
Invesco
Georgia
$290M -$126M -2,837,310 -31%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$281M -$6.41M -144,117 -2%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$280M +$149K +3,350 +0.1%
LSV Asset Management
15
LSV Asset Management
Illinois
$278M +$966K +21,722 +0.4%
Norges Bank
16
Norges Bank
Norway
$260M -$9.63M -216,721 -4%
Franklin Resources
17
Franklin Resources
California
$257M -$8.96M -201,470 -3%
Victory Capital Management
18
Victory Capital Management
Texas
$252M +$9.01M +202,777 +4%
Boston Partners
19
Boston Partners
Massachusetts
$224M +$74.2M +1,668,025 +51%
Legal & General Group
20
Legal & General Group
United Kingdom
$201M +$15.4M +345,884 +9%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$201M +$53.2M +1,196,113 +37%
JIM
22
Jupiter Investment Management
United Kingdom
$197M -$12.8M -286,894 -6%
Ameriprise
23
Ameriprise
Minnesota
$195M +$6.28M +141,357 +3%
Skandinaviska Enskilda Banken (SEB)
24
Skandinaviska Enskilda Banken (SEB)
Sweden
$184M +$25M +562,026 +16%
CP
25
Coho Partners
Pennsylvania
$181M +$6.23M +140,058 +4%

AFL Hedge Fund Activity: Q4 2018 in Review

1,052 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q4 2018, worth a combined $23.1B — down 4.7% from $24.2B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new AFL positions and 83 closed out — a net gain of 37 holders — while 323 added to existing stakes and 413 trimmed.

The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $81M. The largest seller was Invesco, cutting an estimated $126M.

  • 1,052 institutional investors held Aflac (AFL) as of Q4 2018, up from 1,025 in Q3 2018.
  • Funds reported $23.1B of Aflac stock for Q4 2018, down 4.7% quarter-over-quarter.
  • 120 funds opened new Aflac positions in Q4 2018 and 83 closed out, a net change of +37 holders.
  • The largest Aflac buyer in Q4 2018 was Balyasny Asset Management, an estimated $81M added.
  • The largest Aflac seller in Q4 2018 was Invesco, an estimated $126M sold.

Based on aggregated 13F filings for Q4 2018.