Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

American Financial Group Inc (AFG)

482 + Investors. Track Smart Money conviction in AFG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -17
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — AFG

Based on 484 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their AFG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
484 hedge funds hold AFG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding AFG is almost the same as a year ago (+16 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

257 buying260 selling
Last quarter: 257 funds bought or added vs 260 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~82 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 61 → 82 → 86 → 82. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 20% medium ■ 17% new
304 out of 484 hedge funds have held AFG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

84 → 61 → 82 → 86 → 82 new funds/Q
New funds entering each quarter: 61 → 82 → 86 → 82. A growing number of institutions are discovering AFG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 10% 1-2yr ■ 21% new
Of 490 current holders: 338 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
54 of 484 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in AFG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AFG

In 2026 Q1, 257 hedge funds were net buyers of AFG (82 opened a new position, 175 added to an existing one), while 260 reduced or exited (161 trimmed, 99 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 51% of total institutional value in AFG is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -17 funds (more exits than new entries). Total institutional holders: 484.

Hedge Fund Ownership: AFG

How many hedge funds hold AFG — quarterly history vs. share price
Quarterly hedge fund ownership of AFG vs. share price

Market Analysis: AFG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AFG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy American Financial Group Inc (AFG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much AFG has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 81d ago
AFG
nan%
XLF
+8.5%

AFG outperformed XLF by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
AFG
nan%
XLF
+4.8%

Since the filing became public, AFG outperformed XLF by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

32 top-rated funds 3 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: AFG
482 + Investors

Track Smart Money conviction in AFG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 482 501 -3.79%
13F Shares 56M 59M -4.64%
Total Value $7.11B $7.97B -10.79%
New Positions 81 86 -5
Increased Positions 174 175 -1
Closed Positions 100 62 +38
Reduced Positions 158 160 -2
Total Calls 3 3 -
Total Puts 4 3 33.33%
PUT/CALL Ratio 1.33 1.0 Bearish

Statistics: AFG

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

482 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AFG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AFG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 American Financial Group Inc 401(k) Retirement & Savings Plan 100.00% 2,366,711 $302.3M
2 Stenham Asset Management (UK) Plc 5.28% 34,700 $4.7M
3 Wealthquest Corp 3.54% 343,372 $46.9M
4 Sovereign's Capital Management, LLC 2.77% 29,496 $3.8M
5 EULAV Asset Management 1.49% 364,692 $46.6M
6 Viking Fund Management LLC 1.32% 101,000 $12.9M
7 Values First Advisors, Inc. 0.91% 13,603 $1.7M
8 Taylor Frigon Capital Management LLC 0.84% 11,626 $1.5M
9 Slagle Financial, LLC 0.65% 15,319 $2.0M
10 Archvest Wealth Advisors, Inc. 0.60% 7,256 $927K
11 Neo Ivy Capital Management 0.58% 17,155 $2.2M
12 Boston Trust Walden Corp 0.55% 525,691 $67.1M
13 Nordwand Advisors, LLC 0.52% 23,475 $3.0M
14 DC Investments Management, LLC 0.52% 10,721 $1.4M
15 Cambria Investment Management, L.P. 0.51% 71,950 $9.2M
16 Applied Capital LLC/FL 0.47% 7,832 $1.0M
17 Johnson Investment Counsel Inc 0.47% 454,723 $58.1M
18 Inceptionr LLC 0.44% 14,374 $1.8M
19 Fort Washington Investment Advisors Inc /Oh/ 0.43% 611,422 $78.1M
20 Lecap Asset Management Ltd 0.43% 8,886 $1.1M
21 iSAM Funds (UK) Ltd 0.42% 6,670 $852K
22 Hengehold Capital Management LLC 0.34% 30,926 $3.9M
23 A&I Financial Services, LLC 0.33% 5,464 $698K
24 Index Technologies Group LLC 0.30% 2,136 $273K
25 Curi Capital, LLC 0.29% 128,832 $16.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — American Financial Group Inc (AFG)

What does the Smart Money Trend signal show for AFG?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their AFG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for AFG?

Slight buying edge — 50% buying: Last quarter: 257 funds bought or added vs 260 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AFG holders?

Elite ownership — 51% AUM from top-100 funds: 54 of 484 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in AFG. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held AFG?

63% of holders stayed for 2+ years: 304 out of 484 hedge funds have held AFG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy American Financial Group Inc (AFG) following the 2026 Q1 hedge fund 13F filings?

As of today, AFG has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), AFG has gained nan% vs +8.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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