AF

AFL AFLAC INC

2026Q2 · CUSIP 001055102 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
1,706
Institutions that reported holding it to the SEC
Net increase in holders
+41
Last quarter 1,665 → now 1,706
How unusual is that
Top 20%
Stronger buying than 90% of US stocks
What the filings say, in one paragraph

1,706 funds held AFL at the end of 2026Q2, up 41 from the quarter before. That is stronger buying than 89.6% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $18.1B(YoY +13.6%), the P/E is 13.0x, return on equity is 16.0%. AFL has had 27 buying rushes in its history, and the price moved +6.0% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=713 2013Q4: holders=770 2014Q1: holders=787 2014Q2: holders=767 2014Q3: holders=739 2014Q4: holders=753 2015Q1: holders=766 2015Q2: holders=774 2015Q3: holders=775 2015Q4: holders=798 2016Q1: holders=821 2016Q2: holders=873 2016Q3: holders=879 2016Q4: holders=913 2017Q1: holders=909 2017Q2: holders=921 2017Q3: holders=915 2017Q4: holders=991 2018Q1: holders=1010 2018Q2: holders=1009 2018Q3: holders=1023 2018Q4: holders=1045 2019Q1: holders=1051 2019Q2: holders=1033 2019Q3: holders=1042 2019Q4: holders=1110 2020Q1: holders=968 2020Q2: holders=970 2020Q3: holders=938 2020Q4: holders=1044 2021Q1: holders=1072 2021Q2: holders=1083 2021Q3: holders=1069 2021Q4: holders=1151 2022Q1: holders=1205 2022Q2: holders=1175 2022Q3: holders=1179 2022Q4: holders=1302 2023Q1: holders=1261 2023Q2: holders=1272 2023Q3: holders=1311 2023Q4: holders=1423 2024Q1: holders=1421 2024Q2: holders=1450 2024Q3: holders=1552 2024Q4: holders=1578 2025Q1: holders=1629 2025Q2: holders=1613 2025Q3: holders=1623 2025Q4: holders=1688 2026Q1: holders=1665 2026Q2: holders=1706 -142 -71 +0 +71 +142 64112171792 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 27 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2025Q4 Top 10% +4.5% +3.6%
2025Q1 Top 5% +1.0% +6.6%
2024Q3 Top 1% in the market -7.9% -7.1%
2024Q2 Top 10% +5.2% +1.3%
2023Q4 Top 5% +12.0% +34.1%
2023Q3 Top 5% -2.3% +8.8%
2023Q2 Top 20% +9.1% +6.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
328
Change in large funds
+27
Total value they hold
$40.4B
Funds buying for the first time
161
Funds that sold out entirely
120
Price change that quarter
+2.0%
Funds holding puts (bearish)
27
Funds holding calls (bullish)
28

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
13.0
EPS (TTM)
$9.27
EPS YoY
+108.8%
Revenue (TTM)
$18.1B
Revenue YoY
+13.6%
Net margin
26.9%
ROE
16.0%
Debt ratio
73.9%
FCF (TTM)
—
Dividend (TTM)
$2.38
Quarterly Revenue & EPS
2021-09-30: EPS 1.32 2021-12-31: EPS 1.44 2022-03-31: EPS 1.60 2022-06-30: EPS 2.17 2022-09-30: EPS 2.82 2022-12-31: EPS 0.31 2023-03-31: EPS 1.94 2023-06-30: EPS 2.71 2023-09-30: EPS 2.64 2023-12-31: EPS 0.46 2024-03-31: EPS 3.25 2024-06-30: EPS 3.10 2024-09-30: EPS -0.17 2024-12-31: EPS 3.45 2025-03-31: EPS 0.05 2025-06-30: EPS 1.11 2025-09-30: EPS 3.08 2025-12-31: EPS 2.58 2026-03-31: EPS 1.98 2026-06-30: EPS 1.63 0B 3.0B 6.0B $B -0.19 1.80 3.80 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 10 7 16 24 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.