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1,110 hedge funds and large institutions have $26.6B invested in Aflac in 2019 Q4 according to their latest regulatory filings, with 145 funds opening new positions, 338 increasing their positions, 437 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 145 | Existing positions closed: 58

63% more call options, than puts

Call options by funds: $288M | Put options by funds: $177M

13% more funds holding in top 10

Funds holding in top 10: 1618 (+2)

9% more capital invested

Capital invested by funds: $24.5B → $26.6B (+$2.12B)

7% more funds holding

Funds holding: 1,0381,110 (+72)

5.14% more ownership

Funds ownership: 63.58%68.73% (+5.1%)

23% less repeat investments, than reductions

Existing positions increased: 338 | Existing positions reduced: 437

Holders
1,110
Holders Change
+72
Holders Change %
+6.94%
% of All Funds
21.87%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.35%
New
145
Increased
338
Reduced
437
Closed
58
Calls
$288M
Puts
$177M
Net Calls
+$111M
Net Calls Change
-$26.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.48B -$113M -2,129,380 -3%
BlackRock
2
BlackRock
New York
$2.96B +$48.9M +921,215 +2%
JPH
3
Japan Post Holdings
Japan
$2.51B +$2.52B +47,502,023 New
State Street
4
State Street
Massachusetts
$2.04B -$9.91M -186,685 -0.5%
Wells Fargo
5
Wells Fargo
California
$840M +$27.1M +510,323 +3%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$578M +$10.1M +189,960 +2%
Northern Trust
7
Northern Trust
Illinois
$492M -$3.43M -64,689 -0.7%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$478M -$79.4M -1,496,037 -14%
APG Asset Management
9
APG Asset Management
Netherlands
$417M -$32.8M -617,662 -7%
Norges Bank
10
Norges Bank
Norway
$350M -$30.9M -582,294 -8%
California Public Employees Retirement System
11
California Public Employees Retirement System
California
$326M -$14.6M -274,437 -4%
Victory Capital Management
12
Victory Capital Management
Texas
$316M +$18M +340,060 +6%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$294M -$23.1M -434,476 -7%
Invesco
14
Invesco
Georgia
$289M -$27.6M -519,050 -9%
Legal & General Group
15
Legal & General Group
United Kingdom
$287M +$4.87M +91,782 +2%
LSV Asset Management
16
LSV Asset Management
Illinois
$286M -$18.8M -353,869 -6%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$284M -$6.02M -113,471 -2%
MIHAS
18
Maj Invest Holding A/S
Denmark
$254M +$43M +810,069 +20%
American Century Companies
19
American Century Companies
Missouri
$246M -$7.92M -149,225 -3%
Goldman Sachs
20
Goldman Sachs
New York
$237M -$29.2M -549,406 -11%
Franklin Resources
21
Franklin Resources
California
$218M -$884K -16,659 -0.4%
Morgan Stanley
22
Morgan Stanley
New York
$217M +$32.4M +610,931 +17%
AQR Capital Management
23
AQR Capital Management
Connecticut
$203M -$87.1M -1,641,420 -30%
UBS AM
24
UBS AM
Illinois
$202M -$8.22M -154,864 -4%
PPA
25
Parametric Portfolio Associates
Washington
$193M -$8.85M -166,824 -4%

AFL Hedge Fund Activity: Q4 2019 in Review

1,110 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q4 2019, worth a combined $26.6B — up 8.6% from $24.5B a quarter earlier.

Buyers outnumbered sellers: 145 funds opened new AFL positions and 58 closed out — a net gain of 87 holders — while 338 added to existing stakes and 437 trimmed.

The largest buyer was Rockefeller Capital Management, adding an estimated $91M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $121M sold.

  • 1,110 institutional investors held Aflac (AFL) as of Q4 2019, up from 1,038 in Q3 2019.
  • Funds reported $26.6B of Aflac stock for Q4 2019, up 8.6% quarter-over-quarter.
  • 145 funds opened new Aflac positions in Q4 2019 and 58 closed out, a net change of +87 holders.
  • The largest Aflac buyer in Q4 2019 was Rockefeller Capital Management, an estimated $91M added.
  • The largest Aflac seller in Q4 2019 was Acadian Asset Management, an estimated $121M sold.

Based on aggregated 13F filings for Q4 2019.