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 ($34.1m this quarter). Holder counts are more reliable. Shares outstanding: 611.6m as of 2024-04-26, 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 ≈ $28.72. Options: 12 managers hold calls ($52.6m notional), 16 hold puts ($132.0m).
Trends to Q1 2024
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 |
| Q4 2023 | 250 |
| Q1 2024 | 323 |
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 |
| Q4 2023 | 174 | 75 |
| Q1 2024 | 207 | 123 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $14.5m | $13.9m | 0.95 |
| Q3 2023 | $5.7m | $3.0m | 0.54 |
| Q4 2023 | $1.3m | $3.0m | 2.24 |
| Q1 2024 | $52.6m | $132.0m | 2.51 |
Biggest buyers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +3.9m |
| DONALD SMITH & CO., INC. | New | +3.1m |
| Capital Research Global Investors | Added | +3.1m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +2.1m |
| BANK OF AMERICA CORP /DE/ | Added | +1.8m |
| Fiera Capital Corp | New | +1.8m |
| FIRST TRUST ADVISORS LP | Added | +1.6m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.6m |
| VANGUARD GROUP INC | Added | +1.4m |
| STATE STREET CORP | Added | +1.3m |
Biggest sellers
| MARSHALL WACE, LLP | Reduced | -6.3m |
| Balyasny Asset Management L.P. | Reduced | -4.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -4.0m |
| Ghisallo Capital Management LLC | Reduced | -3.0m |
| MOORE CAPITAL MANAGEMENT, LP | Sold out | -2.3m |
| HARRIS ASSOCIATES L P | Reduced | -1.6m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.3m |
| CITADEL ADVISORS LLC | Reduced | -1.1m |
| Davis Asset Management, L.P. | Reduced | -1.0m |
| FMR LLC | Reduced | -995.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.6m578.0k shares |
| Troluce Capital Advisors LLC | New | $8.6m300.0k shares |
| GOLDMAN SACHS GROUP INC | New | $7.2m250.0k shares |
| CITADEL ADVISORS LLC | Added | $7.0m242.0k shares |
| SIMPLEX TRADING, LLC | Added | $3.8m133.3k shares |
| Twin Tree Management, LP | New | $3.5m120.2k shares |
| GROUP ONE TRADING LLC | New | $2.9m99.9k shares |
| JANE STREET GROUP, LLC | New | $1.7m59.4k shares |
| WOLVERINE TRADING, LLC | New | $649.3k22.6k shares |
| PEAK6 Investments LLC | New | $626.3k21.8k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | New | $44.5m1.6m shares |
| NOMURA HOLDINGS INC | New | $18.7m650.0k shares |
| Troluce Capital Advisors LLC | New | $14.4m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.0m383.2k shares |
| ExodusPoint Capital Management, LP | New | $10.8m375.0k shares |
| LMR Partners LLP | New | $7.2m250.0k shares |
| SIMPLEX TRADING, LLC | Added | $7.1m247.6k shares |
| Caption Management, LLC | New | $4.9m170.0k shares |
| CITADEL ADVISORS LLC | Added | $4.5m158.3k shares |
| GROUP ONE TRADING LLC | Added | $3.1m108.5k 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| AMERICAN INTERNATIONAL GROUP, INC. 33.36% of their portfolio | 324.2m $9.3bn | Reduced -16 |
| Blackstone Inc. 7.67% of their portfolio | 62.0m $1.8bn | Unchanged |
| Capital Research Global Investors 0.22% of their portfolio | 33.8m $972.3m | Added +3.1m |
| VANGUARD GROUP INC 0.01% of their portfolio | 25.1m $721.9m | Added +1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 23.7m $679.6m | Reduced -4.0m |
| HARRIS ASSOCIATES L P 0.67% of their portfolio | 14.5m $417.2m | Reduced -1.6m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.09% of their portfolio | 10.0m $286.5m | Added +3.9m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.95% of their portfolio | 10.0m $286.2m | Reduced -48.6k |
| NORGES BANK 0.04% of their portfolio | 9.5m $272.8m | Reduced -919.5k |
| TD Asset Management Inc 0.20% of their portfolio | 7.4m $212.3m | Added +225.3k |
| STATE STREET CORP 0.01% of their portfolio | 6.3m $181.7m | Added +1.3m |
| FMR LLC 0.01% of their portfolio | 6.0m $173.7m | Reduced -995.1k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 4.3m $124.0m | Added +66.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.5m $101.1m | Added +116.5k |
| AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 3.2m $91.0m | Added +1.6m |
| DONALD SMITH & CO., INC. 2.07% of their portfolio | 3.1m $89.0m | New |
| Davis Asset Management, L.P. 3.78% of their portfolio | 3.0m $86.2m | Reduced -1.0m |
| MORGAN STANLEY 0.00% of their portfolio | 2.9m $84.3m | Reduced -433.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.28% of their portfolio | 2.8m $81.2m | Added +2.1m |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.33% of their portfolio | 2.5m $72.9m | Added +455.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.5m $70.7m | Added +156.3k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 2.4m $67.7m | Added +804.8k |
| TWO SIGMA INVESTMENTS, LP 0.16% of their portfolio | 2.2m $64.5m | Added +854.0k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 2.2m $64.4m | Added +1.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 2.1m $61.1m | Reduced -334.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.1m $60.0m | Added +1.8m |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 2.1m $58.9m | Reduced -661.8k |
| TWO SIGMA ADVISERS, LP 0.14% of their portfolio | 2.1m $58.9m | Added +1.2m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.0m $56.2m | Added +744.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 1.8m $51.9m | Added +1.3m |
| Fiera Capital Corp 0.15% of their portfolio | 1.8m $51.2m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 1.7m $49.9m | Added +272.9k |
| Davidson Kempner Capital Management LP 0.72% of their portfolio | 1.7m $48.8m | Not comparable |
| PZENA INVESTMENT MANAGEMENT LLC 0.16% of their portfolio | 1.6m $45.7m | Reduced -652 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.6m $44.7m | Reduced -446.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.4m $40.9m | Added +794.8k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.4m $40.2m | Reduced -1.3m |
| Artemis Investment Management LLP 0.51% of their portfolio | 1.4m $39.4m | Added +524.4k |
| MARSHALL WACE, LLP 0.06% of their portfolio | 1.3m $38.2m | Reduced -6.3m |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 1.3m $35.9m | New |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 1.2m $34.9m | Added +575.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio | 1.2m $34.1m | Added +238.1k |
| Invesco Ltd. 0.01% of their portfolio | 1.2m $34.0m | Added +632.3k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 1.1m $31.4m | Added +1.1m |
| Junto Capital Management LP 0.68% of their portfolio | 1.1m $30.7m | Reduced -143.6k |
| Ghisallo Capital Management LLC 3.27% of their portfolio | 1.0m $28.7m | Reduced -3.0m |
| Castle Hook Partners LP 1.03% of their portfolio | 995.4k $28.6m | Added +595.4k |
| Ensign Peak Advisors, Inc 0.05% of their portfolio | 959.2k $27.6m | Reduced -214.1k |
| CITIGROUP INC 0.03% of their portfolio | 927.8k $26.7m | Added +895.8k |
| FACTORY MUTUAL INSURANCE CO 0.28% of their portfolio | 835.5k $24.0m | Reduced -192.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 785.8k $22.6m | Reduced -44.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 762.9k $21.9m | Added +103.6k |
| Swiss National Bank 0.02% of their portfolio | 746.8k $21.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 721.3k $20.7m | Added +403.5k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 697.8k $20.0m | Added +161.2k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 686.7k $19.7m | Reduced -971.8k |
| SKBA CAPITAL MANAGEMENT LLC 3.07% of their portfolio | 682.7k $19.6m | Reduced -950 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 606.6k $17.4m | Added +425.8k |
| Hudson Bay Capital Management LP 0.15% of their portfolio | 600.0k $17.2m | Reduced -175.0k |
| OFI INVEST ASSET MANAGEMENT 0.43% of their portfolio | 589.0k $15.7m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 573.9k $16.5m | New |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 558.8k $16.1m | Reduced -824.8k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 538.7k $15.5m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 535.0k $15.4m | Added +386.1k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 528.1k $15.2m | Added +21.0k |
| Legal & General Group Plc 0.00% of their portfolio | 506.7k $14.6m | Reduced -100.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.18% of their portfolio | 505.6k $14.5m | New |
| Cinctive Capital Management LP 0.74% of their portfolio | 500.0k $14.4m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 484.0k $13.9m | Added +130.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 468.4k $13.5m | Reduced -1.1m |
| Senator Investment Group LP 0.60% of their portfolio | 460.0k $13.2m | Not comparable |
| SEI INVESTMENTS CO 0.02% of their portfolio | 419.5k $12.1m | Added +207.1k |
| PICTON MAHONEY ASSET MANAGEMENT 0.51% of their portfolio | 418.4k $12.0m | Added +4.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 401.4k $11.5m | Added +270.5k |
| Susquehanna Portfolio Strategies, LLC 0.24% of their portfolio | 365.6k $10.5m | Reduced -138.7k |
| Man Group plc 0.03% of their portfolio | 350.0k $10.1m | Added +272.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 331.5k $9.5m | Added +293.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 319.9k $9.2m | New |
| Point72 Europe (London) LLP 0.82% of their portfolio | 306.6k $8.8m | Reduced -209.1k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 306.0k $8.8m | Added +14.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 287.1k $8.2m | Added +243.7k |
| Bain Capital Public Equity Management II, LLC 0.33% of their portfolio | 281.7k $8.1m | New |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 270.8k $7.8m | New |
| ALGEBRIS (UK) LTD 1.45% of their portfolio | 269.9k $7.2m | New |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 264.8k $7.6m | Added +79.6k |
| NEW VERNON INVESTMENT MANAGEMENT LLC 6.43% of their portfolio | 263.4k $7.6m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 248.2k $7.1m | Added +210.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 247.0k $7.1m | Added +19.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 233.2k $6.7m | Added +51.7k |
| CREDIT AGRICOLE S A 0.00% of their portfolio | 232.7k $61.8k | New |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.12% of their portfolio | 231.3k $6.6m | Added +26.3k |
| UBS Group AG 0.00% of their portfolio | 216.6k $6.2m | Added +129.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 212.0k $6.1m | Added +201.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 211.2k $6.1m | Added +84.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 211.1k $6.0m | Added +139.8k |
| Monashee Investment Management LLC 0.68% of their portfolio | 200.0k $5.7m | Added +125.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 199.9k $5.7m | Added +16.3k |
| SOROS FUND MANAGEMENT LLC 0.13% of their portfolio | 194.0k $5.6m | Reduced -35.0k |
| Sound Income Strategies, LLC 0.39% of their portfolio | 184.0k $5.3m | New |
| BARCLAYS PLC 0.00% of their portfolio | 178.4k $5.1m | Added +13.8k |