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972 hedge funds and large institutions have $17.1B invested in Aflac in 2020 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 288 increasing their positions, 466 reducing their positions, and 194 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more call options, than puts

Call options by funds: $195M | Put options by funds: $91.9M

0.43% more ownership

Funds ownership: 68.73%69.15% (+0.43%)

12% less funds holding

Funds holding: 1,110972 (-138)

36% less capital invested

Capital invested by funds: $26.6B → $17.1B (-$9.5B)

38% less repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 466

44% less funds holding in top 10

Funds holding in top 10: 1810 (-8)

63% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 194

Holders
972
Holders Change
-138
Holders Change %
-12.43%
% of All Funds
21.42%
Holding in Top 10
10
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-44.44%
% of All Funds
0.22%
New
72
Increased
288
Reduced
466
Closed
194
Calls
$195M
Puts
$91.9M
Net Calls
+$103M
Net Calls Change
-$7.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.28B +$39.5M +863,319 +1%
BlackRock
2
BlackRock
New York
$1.92B +$595K +13,028 +0%
JPH
3
Japan Post Holdings
Japan
$1.79B +$219M +4,797,977 +10%
State Street
4
State Street
Massachusetts
$1.24B -$102M -2,232,814 -6%
Wells Fargo
5
Wells Fargo
California
$530M -$19M -416,071 -3%
Victory Capital Management
6
Victory Capital Management
Texas
$504M +$399M +8,739,481 +146%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$368M -$8.61M -188,493 -2%
Northern Trust
8
Northern Trust
Illinois
$313M -$6.99M -153,011 -2%
Norges Bank
9
Norges Bank
Norway
$253M +$35.4M +775,265 +12%
American Century Companies
10
American Century Companies
Missouri
$220M +$81.6M +1,784,845 +38%
California Public Employees Retirement System
11
California Public Employees Retirement System
California
$207M -$5.74M -125,524 -2%
APG Asset Management
12
APG Asset Management
Netherlands
$202M -$134M -2,933,652 -33%
Boston Partners
13
Boston Partners
Massachusetts
$198M +$222M +4,860,493 +531%
MIHAS
14
Maj Invest Holding A/S
Denmark
$197M +$43.4M +949,353 +20%
Legal & General Group
15
Legal & General Group
United Kingdom
$191M +$6.3M +137,860 +3%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$189M -$1.55M -33,868 -0.6%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$175M -$179M -3,913,686 -43%
Invesco
18
Invesco
Georgia
$174M -$16.9M -369,111 -7%
LSV Asset Management
19
LSV Asset Management
Illinois
$169M -$21.9M -478,231 -9%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$158M -$35.5M -777,238 -14%
Citadel Advisors
21
Citadel Advisors
Florida
$147M +$121M +2,658,451 +164%
Franklin Resources
22
Franklin Resources
California
$137M -$5.09M -111,458 -3%
UBS AM
23
UBS AM
Illinois
$128M -$3.05M -66,703 -2%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$125M +$25.5M +558,730 +18%
Charles Schwab
25
Charles Schwab
California
$119M +$2.92M +63,893 +2%

AFL Hedge Fund Activity: Q1 2020 in Review

972 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Aflac (AFL) for Q1 2020, worth a combined $17.1B — down 36% from $26.6B a quarter earlier.

Sellers outnumbered buyers: 194 funds closed out of AFL and 72 opened new positions — a net loss of 122 holders — while 466 trimmed existing stakes and 288 added.

The largest buyer was Victory Capital Management, adding an estimated $399M. The largest seller was Fidelity Investments, cutting an estimated $179M.

  • 972 institutional investors held Aflac (AFL) as of Q1 2020, down from 1,110 in Q4 2019.
  • Funds reported $17.1B of Aflac stock for Q1 2020, down 36% quarter-over-quarter.
  • 72 funds opened new Aflac positions in Q1 2020 and 194 closed out, a net change of -122 holders.
  • The largest Aflac buyer in Q1 2020 was Victory Capital Management, an estimated $399M added.
  • The largest Aflac seller in Q1 2020 was Fidelity Investments, an estimated $179M sold.

Based on aggregated 13F filings for Q1 2020.