For associative rings with anti-involution several homology theories exist, for instance reflexive homology as studied by Graves and involutive Hochschild homology defined by Fernàndez-València and Giansiracusa. We prove that the corresponding homology groups can be identified with the homotopy groups of an equivariant Loday construction of the one-point compactification of the sign-representation evaluated at the trivial orbit, if we assume that 2 is invertible and if the underlying abelian group of the ring is flat. We also show a relative version where we consider an associative k-algebra with an anti-involution where k is an arbitrary commutative ground ring.