Aflac Inc
Long book
$94.8M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
+5.9%
SPY +14.8%
Turnover
25%
of book per quarter
Strategy in plain words
auto-generated from filingsAflac Inc is a diversified fundamental manager, specialised in financials (100% of the long book), running a $94.8M US long book across 4 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: TRUPANION INC, PAGAYA TECHNOLOGIES LTD -A, ETHOS TECHNOLOGIES INC CL-A, PAGAYA TECHNOLOGIES LTD -27.
Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+6.7%
Q2 2024
+41.9%
Q3 2024
+14.6%
Q4 2024
-22.4%
Q1 2025
+49.0%
Q2 2025
-21.0%
Q3 2025
-14.0%
Q4 2025
-31.7%
Q1 2026
+5.9%
Sector allocation
Financials 100%
Long book by quarter
What does Aflac Inc own?
Q1 2026 13F13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 4 | $94.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 3 | $138.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 5, 2025 | 3 | $161.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 3 | $204.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 3 | $136.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 3 | $176.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 4 | $157.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 4 | $111.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 2, 2024 | 4 | $103.4M | canonical | SEC ↗ |