COREBRIDGE FINL INC CRBG
COM · Common Stock · CUSIP 21871X109 · ISIN US21871X1090
American financial services company
- SectorFinancials
- IndustryLife Insurance
- HeadquartersHouston, TX
- Websitecorebridgefinancial.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($113.0k this quarter). Holder counts are more reliable. Shares outstanding: 631.0m as of 2023-10-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $19.78. Options: 6 managers hold calls ($5.7m notional), 6 hold puts ($3.0m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 79 |
| Q4 2022 | 128 |
| Q1 2023 | 147 |
| Q2 2023 | 183 |
| Q3 2023 | 195 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 82 | 54 |
| Q1 2023 | 109 | 57 |
| Q2 2023 | 138 | 55 |
| Q3 2023 | 115 | 86 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $54.2k | $501.3k | 9.26 |
| Q1 2023 | $80.9k | $2.2m | 26.66 |
| Q2 2023 | $14.5m | $13.9m | 0.95 |
| Q3 2023 | $5.7m | $3.0m | 0.54 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.6m |
| VANGUARD GROUP INC | Added | +1.6m |
| STATE STREET CORP | Added | +1.5m |
| HARRIS ASSOCIATES L P | Added | +1.3m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +1.3m |
| Alyeska Investment Group, L.P. | Added | +1.2m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +812.3k |
| Allianz Asset Management GmbH | New | +776.1k |
| FACTORY MUTUAL INSURANCE CO | New | +699.0k |
| TD Asset Management Inc | Added | +686.7k |
Biggest sellers
| Zimmer Partners, LP | Reduced | -4.0m |
| MARSHALL WACE, LLP | Reduced | -1.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| NORGES BANK | Reduced | -1.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -965.2k |
| Brookfield Corp /ON/ | Sold out | -890.8k |
| CITADEL ADVISORS LLC | Reduced | -735.0k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -512.6k |
| Cinctive Capital Management LP | Reduced | -434.8k |
| Maven Securities LTD | Sold out | -400.0k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.9m96.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.8m90.2k shares |
| Parallax Volatility Advisers, L.P. | New | $987.5k50.0k shares |
| Caption Management, LLC | Unchanged | $987.5k50.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $23.0k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.4m73.3k shares |
| Caption Management, LLC | Unchanged | $987.5k50.0k shares |
| CITADEL ADVISORS LLC | Reduced | $468.1k23.7k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $98.8k5.0k shares |
| SIMPLEX TRADING, LLC | Added | $41.0k2.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| NIPPON LIFE INSURANCE CO 13D · may seek influence +1.0 pts · filed 2026-10-27 | 29.4% |
| PZENA INVESTMENT MANAGEMENT LLC 13G · institution +1.7 pts · filed 2026-07-15 | 7.7% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-27 | 5.5% |
| HARRIS ASSOCIATES L P 13G · institution new · filed 2026-05-15 | 5.2% |
Fell to 5% or below in the last year: AMERICAN INTERNATIONAL GROUP, INC. (0.0%, 2026-05-08), VANGUARD GROUP INC (0.0%, 2026-03-26), PRICE T ROWE ASSOCIATES INC /MD/ (2.3%, 2026-02-17)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 1 | $687.5k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| Blackstone Inc. 5.31% of their portfolio | 62.6m $1.2bn | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 29.7m $587.2m | Added +1.6m |
| Capital Research Global Investors 0.16% of their portfolio | 28.9m $571.1m | Added +5.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 17.1m $337.0m | Added +1.6m |
| HARRIS ASSOCIATES L P 0.59% of their portfolio | 15.2m $300.9m | Added +1.3m |
| NORGES BANK 0.04% of their portfolio | 9.1m $178.9m | Reduced -1.0m |
| TD Asset Management Inc 0.13% of their portfolio | 5.3m $103.7m | Added +686.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.36% of their portfolio | 4.9m $95.8m | Reduced -22.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 4.7m $92.4m | Added +19.7k |
| Sessa Capital IM, L.P. 2.79% of their portfolio | 3.2m $63.2m | Unchanged |
| FMR LLC 0.01% of their portfolio | 3.0m $59.4m | Reduced -279.9k |
| STATE STREET CORP 0.00% of their portfolio | 3.0m $59.4m | Added +1.5m |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 2.8m $55.7m | Reduced -139.3k |
| Alyeska Investment Group, L.P. 0.31% of their portfolio | 2.3m $45.6m | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.2m $43.3m | Added +185.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.15% of their portfolio | 1.8m $34.8m | Reduced -512.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.5m $28.8m | Added +134.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.17% of their portfolio | 1.4m $28.0m | Added +1.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.4m $27.3m | Added +656.4k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 1.4m $26.8m | Added +146.8k |
| Zimmer Partners, LP 0.70% of their portfolio | 1.3m $26.5m | Reduced -4.0m |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.1m $22.3m | Reduced -735.0k |
| Ensign Peak Advisors, Inc 0.05% of their portfolio | 1.1m $22.2m | Reduced -47.1k |
| MOORE CAPITAL MANAGEMENT, LP 0.58% of their portfolio | 1.1m $21.4m | Reduced -231.3k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 1.0m $20.6m | Reduced -143.6k |
| Ghisallo Capital Management LLC 2.02% of their portfolio | 1.0m $19.8m | Added +375.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 928.1k $18.3m | Added +255.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 884.2k $17.5m | Reduced -123.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 880.1k $17.4m | Added +812.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 870.9k $17.2m | Added +23.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 780.2k $15.4m | Reduced -141.5k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 776.1k $15.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 756.5k $14.9m | Reduced -965.2k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 705.0k $13.9m | Reduced -1.6m |
| FACTORY MUTUAL INSURANCE CO 0.19% of their portfolio | 699.0k $13.8m | New |
| SKBA CAPITAL MANAGEMENT LLC 2.37% of their portfolio | 649.1k $12.8m | Added +800 |
| MORGAN STANLEY 0.00% of their portfolio | 616.3k $12.2m | Reduced -165.8k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 571.6k $11.2m | Added +129.1k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 548.7k $10.8m | Added +522.4k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 543.3k $10.7m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 517.6k $10.2m | Added +11 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 451.8k $8.9m | Added +168.6k |
| Holocene Advisors, LP 0.04% of their portfolio | 443.2k $8.8m | Reduced -252.3k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 411.7k $8.1m | Added +253.6k |
| Man Group plc 0.02% of their portfolio | 403.2k $8.0m | New |
| Hudson Bay Capital Management LP 0.04% of their portfolio | 400.0k $7.9m | New |
| Legal & General Group Plc 0.00% of their portfolio | 376.4k $7.4m | Added +360.9k |
| Interval Partners, LP 0.27% of their portfolio | 335.2k $6.6m | Added +23.0k |
| Invesco Ltd. 0.00% of their portfolio | 333.2k $6.6m | Added +187.3k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 316.0k $6.2m | Added +234.6k |
| PICTON MAHONEY ASSET MANAGEMENT 0.28% of their portfolio | 303.3k $6.0m | New |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 300.3k $5.9m | Reduced -16.7k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 286.3k $5.7m | Added +278.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 260.5k $5.1m | Added +153.1k |
| Squarepoint Ops LLC 0.02% of their portfolio | 250.0k $4.9m | Reduced -128.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 180.6k $3.6m | Reduced -83.9k |
| MERITAGE PORTFOLIO MANAGEMENT 0.26% of their portfolio | 179.2k $3.5m | Reduced -2.4k |
| PZENA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 178.1k $3.5m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 175.4k $3.5m | Added +25.3k |
| Wakefield Asset Management LLLP 1.40% of their portfolio | 156.9k $3.1m | Reduced -11.5k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 153.4k $3.0m | Reduced -16.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 152.1k $3.0m | Added +63.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 150.4k $3.0m | Added +40.8k |
| Illinois Municipal Retirement Fund 0.05% of their portfolio | 149.2k $2.9m | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 144.6k $2.9m | Added +48.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 143.8k $2.8m | Added +60.3k |
| COMERICA BANK 0.01% of their portfolio | 142.4k $2.8m | New |
| Richard Bernstein Advisors LLC 0.06% of their portfolio | 140.3k $2.8m | New |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 140.3k $2.8m | New |
| Alaska Permanent Fund Corp 0.05% of their portfolio | 139.9k $2.8m | Unchanged |
| JUPITER ASSET MANAGEMENT LTD 0.03% of their portfolio | 139.7k $2.8m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 128.0k $2.5m | Added +26.3k |
| Atom Investors LP 0.55% of their portfolio | 122.3k $2.4m | New |
| JBF Capital, Inc. 0.52% of their portfolio | 120.0k $2.4m | Unchanged |
| DARK FOREST CAPITAL MANAGEMENT LP 0.20% of their portfolio | 118.1k $2.3m | Added +91.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 115.8k $2.3m | New |
| Cinctive Capital Management LP 0.13% of their portfolio | 115.3k $2.3m | Reduced -434.8k |
| Family Manage LLC 0.41% of their portfolio | 91.3k $1.8m | Reduced -755 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 89.7k $1.8m | Added +8.6k |
| Jump Financial, LLC 0.06% of their portfolio | 86.4k $1.7m | Reduced -60.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 85.0k $1.7m | New |
| Trexquant Investment LP 0.04% of their portfolio | 84.8k $1.7m | Reduced -125.2k |
| CERTUITY, LLC 0.19% of their portfolio | 80.0k $1.6m | Unchanged |
| Arbiter Partners Capital Management LLC 2.79% of their portfolio | 78.5k $1.6m | Unchanged |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 76.9k $1.5m | Added +31.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 76.1k $1.5m | Reduced -159.2k |
| SEVEN EIGHT CAPITAL, LP 0.18% of their portfolio | 75.8k $1.5m | Added +25.6k |
| Quantbot Technologies LP 0.10% of their portfolio | 75.4k $1.5m | Reduced -80.8k |
| Renaissance Capital LLC 0.78% of their portfolio | 74.7k $1.5m | Added +16.5k |
| Versor Investments LP 0.27% of their portfolio | 68.3k $1.3m | Added +54.0k |
| HRT FINANCIAL LP 0.01% of their portfolio | 65.9k $1.3m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 65.2k $1.3m | Added +19.1k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 65.0k $1.3m | Added +310 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 62.3k $1.2m | Reduced -6.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 61.6k $1.2m | Added +20.7k |
| Weiss Multi-Strategy Advisers LLC 0.03% of their portfolio | 61.3k $1.2m | Reduced -387.9k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 59.1k $1.2m | Reduced -840 |
| HANCOCK WHITNEY CORP 0.05% of their portfolio | 58.6k $1.2m | Added +1.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 57.7k $1.1m | New |
| Jackson Creek Investment Advisors LLC 0.41% of their portfolio | 49.7k $982.0k | New |