Aflac Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BMV:AFL * Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
07 Aug 24	SellMex$3,785,121	Thomas Kenny	Individual	2,000	Mex$1,892.56
20 Mar 24	SellMex$7,088,024	Thomas Kenny	Individual	5,000	Mex$1,417.60
14 Mar 24	SellMex$11,122,757	Albert Riggieri	Individual	8,000	Mex$1,390.34
22 Feb 24	SellMex$4,102,114	Arthur Collins	Individual	3,000	Mex$1,367.37
06 Feb 24	BuyMex$1,317,222	Karole Lloyd	Individual	1,000	Mex$1,317.39
05 Feb 24	BuyMex$1,960,948	William Bowers	Individual	1,500	Mex$1,307.30

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of AFL *?
Owner Type	Number of Shares	Ownership Percentage
State or Government	544,178	0.098%
Individual Insiders	4,185,901	0.753%
General Public	166,850,514	30%
Institutions	383,947,824	69.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 48.29% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.41%	Japan Post Holdings Co., Ltd., Asset Management Arm	52,300,000	Mex$107.6b	0%	87.59%
9.12%	The Vanguard Group, Inc.	50,687,023	Mex$104.2b	-1%	0.07%
7.58%	BlackRock, Inc.	42,106,873	Mex$86.6b	5.11%	0.07%
4.6%	State Street Global Advisors, Inc.	25,537,165	Mex$52.5b	-1.08%	0.09%
2.75%	Wells Fargo & Company, Securities and Brokerage Investments	15,251,763	Mex$31.4b	-2.89%	0.46%
2.19%	Geode Capital Management, LLC	12,176,951	Mex$25.0b	-1.45%	0.08%
1.3%	UBS Asset Management AG	7,226,641	Mex$14.9b	14.9%	0.07%
1.07%	Northern Trust Global Investments	5,938,261	Mex$12.2b	-7.08%	0.09%
0.94%	Legal & General Investment Management Limited	5,245,429	Mex$10.8b	-3.78%	0.09%
0.88%	First Trust Advisors LP	4,896,271	Mex$10.1b	50.2%	0.4%
0.84%	Eaton Vance Management	4,656,689	Mex$9.6b	0.6%	0.11%
0.84%	Morgan Stanley, Investment Banking and Brokerage Investments	4,656,039	Mex$9.6b	-7.21%	0.05%
0.82%	AllianceBernstein L.P.	4,528,096	Mex$9.3b	-5.73%	0.14%
0.74%	Dimensional Fund Advisors LP	4,090,801	Mex$8.4b	-15%	0.06%
0.64%	BNY Asset Management	3,542,975	Mex$7.3b	-1.85%	0.07%
0.61%	Norges Bank Investment Management	3,367,028	Mex$6.9b	0%	0.03%
0.57%	Charles Schwab Investment Management, Inc.	3,179,562	Mex$6.5b	-1.74%	0.05%
0.53%	Daniel Amos	2,956,025	Mex$6.1b	-3.91%	no data
0.51%	Invesco Capital Management LLC	2,816,241	Mex$5.8b	-2.14%	0.11%
0.51%	LSV Asset Management	2,806,300	Mex$5.8b	-32.9%	0.55%
0.41%	Guinness Asset Management Ltd.	2,276,325	Mex$4.7b	3.8%	2.49%
0.4%	Goldman Sachs Asset Management, L.P.	2,199,648	Mex$4.5b	-8.34%	0.06%
0.36%	Bank of America Corporation, Asset Management Arm	2,004,031	Mex$4.1b	34.5%	0.06%
0.36%	ProShare Advisors LLC	1,978,444	Mex$4.1b	-10.9%	0.48%
0.33%	Deutsche Asset & Wealth Management	1,839,914	Mex$3.8b	18.3%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 12:56
End of Day Share Price	2024/11/11 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Aflac Incorporated is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ishan Majumdar	Baptista Research
Jay Gelb	Barclays
Alex Scott	Barclays