Aflac Incorporated
Aflac Incorporated (AFL) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · AFL · as of Mar 31, 2025
Ownership Breakdown
1,684
Institutional Holders
▲ 49 vs Q4
$41.12B
Total Inst. Value
▲ $2.62B vs Q4
508.99M
Shares Outstanding
freeFloat 99.15%
369.89M
13F Shares Held
▼ 2.57M vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
AFL largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
JAPAN POST HOLDINGS CO., LTD. accident & health insurance | 52.30M | 9.60% | 9.60% | $5.82T | Apr 8, 2025 | — held |
VANGUARD GROUP INC accident & health insurance | 51.35M | 9.43% | 9.43% | $5.71T | May 9, 2025 | ▲ 9.7K |
BLACKROCK, INC. accident & health insurance | 42.65M | 7.83% | 7.83% | $4.74T | May 2, 2025 | ▲ 61.7K |
STATE STREET CORP accident & health insurance | 25.05M | 4.60% | 4.60% | $2.78T | May 15, 2025 | ▲ 25.6K |
WELLS FARGO & COMPANY/MN accident & health insurance | 15.01M | 2.76% | 2.76% | $1.67T | May 13, 2025 | ▼ 325.1K |
GEODE CAPITAL MANAGEMENT, LLC accident & health insurance | 12.87M | 2.36% | 2.36% | $1.43T | May 13, 2025 | ▲ 402.1K |
MORGAN STANLEY accident & health insurance | 8.69M | 1.60% | 1.60% | $966.47B | May 15, 2025 | ▲ 132.8K |
NORTHERN TRUST CORP accident & health insurance | 7.19M | 1.32% | 1.32% | $799.83B | May 13, 2025 | ▼ 102.7K |
UBS ASSET MANAGEMENT AMERICAS INC accident & health insurance | 5.31M | 97.44% | 97.44% | $590.16B | May 19, 2025 | ▲ 56.8K |
FIRST TRUST ADVISORS LP accident & health insurance | 4.44M | 81.47% | 81.47% | $493.40B | May 14, 2025 | ▼ 26.0K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
26
Increased
+3.31M shares1
New Positions
first time holders22
Decreased
−6.10M shares0
Sold Out
fully exitedNet shares change (top 50)
2.79M
+3.31M / −6.10M
Net new holders
+5
1 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
AFL insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
11
Buy transactions
60
Sell transactions
0.18
Buy/Sell ratio
$1M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 4, 2026 | Sale | 11,940 | $115.34 | $1.38M | 51.24M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 4, 2026 | Sale | 4,360 | $116.08 | $506.1K | 51.23M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 3, 2026 | Sale | 6,948 | $114.48 | $795.4K | 51.26M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 3, 2026 | Sale | 8,839 | $115.68 | $1.02M | 51.25M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 3, 2026 | Sale | 513 | $116.31 | $59.7K | 51.25M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 2, 2026 | Sale | 1,431 | $112.51 | $161.0K | 51.27M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 2, 2026 | Sale | 8,319 | $113.54 | $944.5K | 51.27M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 1, 2026 | Sale | 8,530 | $112.51 | $959.7K | 51.28M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | Jun 1, 2026 | Sale | 530 | $112.91 | $59.8K | 51.27M | Form 4 ↗ |
Japan Post Holdings Co., Ltd. 10 percent owner | May 29, 2026 | Sale | 7,164 | $112.55 | $806.3K | 51.29M | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Aflac Incorporated (AFL) is primarily owned by institutional investors, who hold approximately 72.7% of total shares outstanding. Company insiders own approximately 0.85%, while retail and public investors account for the remaining 26.48%.
The largest institutional shareholder of Aflac Incorporated is JAPAN POST HOLDINGS CO., LTD., holding approximately 52.30 million shares — equal to 9.60% of outstanding shares — as of March 31, 2025.
A total of 1,684 institutional investors currently hold AFL stock, with a combined institutional value of approximately $41.12 billion as of the most recent 13F filing period.
Frequently asked questions
AFL ownershipAflac Incorporated (AFL) is primarily owned by institutional investors, who hold approximately 72.7% of shares. The largest shareholder is JAPAN POST HOLDINGS CO., LTD. with a 9.60% stake. Company insiders hold 0.85%. Data sourced from SEC Form 13F as of March 31, 2025.