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 ($23.2m this quarter). Holder counts are more reliable. Shares outstanding: 592.0m as of 2024-07-26, 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 ≈ $29.11. Options: 18 managers hold calls ($69.7m notional), 26 hold puts ($297.2m).
Trends to Q2 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 |
| Q2 2024 | 381 |
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 |
| Q2 2024 | 248 | 114 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $5.7m | $3.0m | 0.54 |
| Q4 2023 | $1.3m | $3.0m | 2.24 |
| Q1 2024 | $52.6m | $132.0m | 2.51 |
| Q2 2024 | $69.7m | $297.2m | 4.27 |
Biggest buyers
| HARRIS ASSOCIATES L P | Added | +8.8m |
| CITADEL ADVISORS LLC | Added | +5.6m |
| JPMORGAN CHASE & CO | Added | +4.5m |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +4.5m |
| MARSHALL WACE, LLP | Added | +2.7m |
| DIMENSIONAL FUND ADVISORS LP | Added | +2.1m |
| Castle Hook Partners LP | Added | +1.5m |
| Woodline Partners LP | New | +1.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.3m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | New | +1.1m |
Biggest sellers
| Capital Research Global Investors | Sold out | -33.8m |
| AMERICAN INTERNATIONAL GROUP, INC. | Reduced | -30.0m |
| NORGES BANK | Reduced | -2.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.1m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Reduced | -1.9m |
| VANGUARD GROUP INC | Reduced | -1.7m |
| MORGAN STANLEY | Reduced | -1.6m |
| FMR LLC | Reduced | -1.6m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $23.1m791.8k shares |
| CITADEL ADVISORS LLC | Added | $8.9m304.7k shares |
| ExodusPoint Capital Management, LP | New | $8.7m300.0k shares |
| Troluce Capital Advisors LLC | Reduced | $5.8m200.0k shares |
| JANE STREET GROUP, LLC | Added | $5.6m194.0k shares |
| GROUP ONE TRADING LLC | Added | $4.7m160.1k shares |
| NOMURA HOLDINGS INC | New | $4.4m150.0k shares |
| BARCLAYS PLC | New | $2.2m77.0k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $1.7m57.0k shares |
| WOLVERINE TRADING, LLC | Added | $1.6m56.6k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Added | $98.2m3.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $77.2m2.7m shares |
| GROUP ONE TRADING LLC | Added | $16.9m578.7k shares |
| Balyasny Asset Management L.P. | New | $15.4m530.0k shares |
| SIMPLEX TRADING, LLC | Added | $15.0m516.5k shares |
| ExodusPoint Capital Management, LP | Unchanged | $10.9m375.0k shares |
| Parallax Volatility Advisers, L.P. | New | $9.8m334.9k shares |
| Caption Management, LLC | Added | $7.4m255.0k shares |
| NOMURA HOLDINGS INC | Reduced | $7.3m250.0k shares |
| CITADEL ADVISORS LLC | Added | $7.1m245.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-03 | AMERICAN INTERNATIONAL GROUP, INC. 10% owner | Sold | $876.0m30.0m shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| AMERICAN INTERNATIONAL GROUP, INC. 96.65% of their portfolio | 294.2m $8.6bn | Reduced -30.0m |
| Blackstone Inc. 8.01% of their portfolio | 62.0m $1.8bn | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 23.4m $682.6m | Reduced -1.7m |
| HARRIS ASSOCIATES L P 1.15% of their portfolio | 23.4m $680.5m | Added +8.8m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 22.5m $656.1m | Reduced -1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.09% of their portfolio | 10.2m $297.0m | Added +228.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.82% of their portfolio | 8.1m $235.0m | Reduced -1.9m |
| TD Asset Management Inc 0.20% of their portfolio | 7.4m $216.3m | Added +37.3k |
| NORGES BANK 0.03% of their portfolio | 7.2m $210.8m | Reduced -2.3m |
| STATE STREET CORP 0.01% of their portfolio | 7.2m $209.4m | Added +867.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.18% of their portfolio | 6.3m $183.9m | Added +4.5m |
| CITADEL ADVISORS LLC 0.17% of their portfolio | 6.1m $177.8m | Added +5.6m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.3m $153.8m | Added +4.5m |
| AQR CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 4.5m $130.0m | Added +1.3m |
| FMR LLC 0.01% of their portfolio | 4.4m $129.1m | Reduced -1.6m |
| Clearbridge Investments, LLC 0.10% of their portfolio | 4.3m $125.8m | Added +3.6k |
| MARSHALL WACE, LLP 0.17% of their portfolio | 4.0m $116.7m | Added +2.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.0m $115.4m | Added +446.6k |
| DONALD SMITH & CO., INC. 2.85% of their portfolio | 3.8m $112.0m | Added +747.3k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 3.6m $103.7m | Added +2.1m |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 3.0m $88.1m | Added +671.7k |
| Davis Asset Management, L.P. 3.92% of their portfolio | 3.0m $87.4m | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.26% of their portfolio | 2.9m $83.6m | Added +43.9k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.7m $79.4m | Added +265.8k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.32% of their portfolio | 2.7m $77.2m | Added +115.9k |
| Castle Hook Partners LP 2.49% of their portfolio | 2.5m $72.1m | Added +1.5m |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 2.4m $68.4m | Added +108.5k |
| Davidson Kempner Capital Management LP 1.06% of their portfolio | 2.2m $63.8m | Added +492.9k |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 2.1m $61.1m | Added +847.5k |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 2.0m $59.3m | Reduced -14.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.0m $58.1m | Added +39.7k |
| TWO SIGMA ADVISERS, LP 0.13% of their portfolio | 1.9m $56.7m | Reduced -103.7k |
| TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio | 1.9m $56.0m | Reduced -320.1k |
| Fiera Capital Corp 0.16% of their portfolio | 1.8m $52.5m | Added +19.8k |
| Robeco Institutional Asset Management B.V. 0.11% of their portfolio | 1.8m $52.1m | Added +696.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.6m $46.3m | Added +34.3k |
| Ghisallo Capital Management LLC 3.76% of their portfolio | 1.5m $43.7m | Added +500.0k |
| Artemis Investment Management LLP 0.58% of their portfolio | 1.5m $43.3m | Added +113.5k |
| Point72 Asset Management, L.P. 0.14% of their portfolio | 1.4m $42.1m | Added +886.8k |
| PZENA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio | 1.4m $41.9m | Reduced -149.6k |
| Woodline Partners LP 0.40% of their portfolio | 1.4m $41.2m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.4m $40.9m | Added +869.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 1.4m $39.5m | Reduced -381.5k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $38.3m | Reduced -1.6m |
| Senator Investment Group LP 1.65% of their portfolio | 1.2m $33.8m | Added +700.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $33.7m | Reduced -932.8k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $33.3m | Reduced -41.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 1.1m $32.3m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 1.0m $29.8m | Reduced -163.3k |
| CITIGROUP INC 0.03% of their portfolio | 956.5k $27.9m | Added +28.7k |
| Legal & General Group Plc 0.01% of their portfolio | 910.6k $26.5m | Added +403.9k |
| FACTORY MUTUAL INSURANCE CO 0.27% of their portfolio | 822.1k $23.9m | Reduced -13.4k |
| Cinctive Capital Management LP 1.23% of their portfolio | 787.5k $22.9m | Added +287.5k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 756.7k $22.0m | Added +58.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 739.1k $21.5m | Reduced -46.6k |
| OFI INVEST ASSET MANAGEMENT 0.53% of their portfolio | 738.6k $20.1m | Added +149.6k |
| Swiss National Bank 0.01% of their portfolio | 737.1k $21.5m | Reduced -9.7k |
| Man Group plc 0.06% of their portfolio | 717.8k $20.9m | Added +367.8k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 700.1k $20.4m | Reduced -259.2k |
| KBC Group NV 0.06% of their portfolio | 696.3k $20.3m | Added +680.2k |
| Alyeska Investment Group, L.P. 0.12% of their portfolio | 685.6k $20.0m | New |
| Allianz Asset Management GmbH 0.03% of their portfolio | 674.0k $19.6m | Reduced -12.7k |
| SKBA CAPITAL MANAGEMENT LLC 3.02% of their portfolio | 646.7k $18.8m | Reduced -36.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 632.9k $18.4m | Added +26.2k |
| AustralianSuper Pty Ltd 0.11% of their portfolio | 629.4k $18.3m | New |
| Squarepoint Ops LLC 0.06% of their portfolio | 591.5k $17.2m | Added +434.1k |
| COOKSON PEIRCE & CO INC 0.82% of their portfolio | 586.5k $17.1m | Added +577.7k |
| SCOUT INVESTMENTS, INC. 0.45% of their portfolio | 578.6k $16.8m | New |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 577.0k $16.8m | Added +516.3k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 567.3k $16.5m | Added +165.9k |
| ALGEBRIS (UK) LTD 4.76% of their portfolio | 543.8k $14.8m | Added +273.9k |
| PANAGORA ASSET MANAGEMENT INC 0.08% of their portfolio | 535.3k $15.6m | New |
| SOROS FUND MANAGEMENT LLC 0.35% of their portfolio | 534.0k $15.6m | Added +340.0k |
| Allspring Global Investments Holdings, LLC 0.03% of their portfolio | 526.6k $15.3m | Added +220.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 482.4k $14.0m | Reduced -1.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.16% of their portfolio | 481.3k $14.0m | Added +356.1k |
| UBS Group AG 0.00% of their portfolio | 475.4k $13.8m | Added +258.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 475.0k $13.8m | Reduced -98.9k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 444.3k $12.9m | Added +24.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 422.4k $12.3m | Added +102.5k |
| Interval Partners, LP 0.34% of their portfolio | 404.2k $11.8m | Added +312.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 397.6k $11.6m | Added +164.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 396.3k $11.5m | Added +64.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 384.7k $11.2m | Reduced -829.3k |
| Susquehanna Portfolio Strategies, LLC 0.44% of their portfolio | 365.6k $10.6m | Unchanged |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 342.2k $10.0m | Added +211.7k |
| PICTON MAHONEY ASSET MANAGEMENT 0.36% of their portfolio | 292.1k $8.5m | Reduced -126.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 285.4k $8.3m | Added +73.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 268.7k $7.8m | Added +21.7k |
| Monashee Investment Management LLC 1.01% of their portfolio | 268.3k $7.8m | Added +68.3k |
| CREDIT AGRICOLE S A 0.05% of their portfolio | 255.3k $7.4m | Added +22.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 251.3k $7.3m | Reduced -35.8k |
| Jefferies Financial Group Inc. 0.14% of their portfolio | 237.8k $6.9m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 237.4k $6.9m | Added +104.5k |
| Renaissance Capital LLC 3.74% of their portfolio | 229.7k $6.7m | Added +80.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 225.8k $6.6m | Reduced -22.4k |
| BARCLAYS PLC 0.00% of their portfolio | 221.3k $6.4m | Added +43.0k |
| Mediolanum International Funds Ltd 0.10% of their portfolio | 219.5k $6.0m | Added +151.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 219.1k $6.4m | Added +7.9k |
| Point72 Europe (London) LLP 0.53% of their portfolio | 214.1k $6.2m | Reduced -92.5k |