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 ($35.1m this quarter). Holder counts are more reliable. Shares outstanding: 556.0m as of 2025-02-11, 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 ≈ $29.91. Options: 16 managers hold calls ($45.7m notional), 14 hold puts ($46.8m).
Trends to Q4 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 |
| Q3 2024 | 387 |
| Q4 2024 | 405 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 109 | 57 |
| Q2 2023 | 138 | 55 |
| Q3 2023 | 115 | 86 |
| Q4 2023 | 174 | 75 |
| Q1 2024 | 207 | 123 |
| Q2 2024 | 248 | 114 |
| Q3 2024 | 227 | 169 |
| Q4 2024 | 209 | 174 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $52.6m | $132.0m | 2.51 |
| Q2 2024 | $69.7m | $297.2m | 4.27 |
| Q3 2024 | $51.9m | $143.8m | 2.77 |
| Q4 2024 | $45.7m | $46.8m | 1.02 |
Biggest buyers
| NIPPON LIFE INSURANCE CO | New | +122.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +7.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.6m |
| PZENA INVESTMENT MANAGEMENT LLC | Added | +3.2m |
| LSV ASSET MANAGEMENT | New | +2.9m |
| Balyasny Asset Management L.P. | Added | +2.6m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +1.2m |
| Alyeska Investment Group, L.P. | Added | +1.2m |
| D. E. Shaw & Co., Inc. | Added | +1.0m |
| Clearbridge Investments, LLC | Added | +1.0m |
Biggest sellers
| AMERICAN INTERNATIONAL GROUP, INC. | Reduced | -152.0m |
| TD Asset Management Inc | Reduced | -3.3m |
| FMR LLC | Reduced | -2.4m |
| JPMORGAN CHASE & CO | Reduced | -2.1m |
| Castle Hook Partners LP | Sold out | -1.9m |
| MARSHALL WACE, LLP | Reduced | -1.7m |
| Bank of New York Mellon Corp | Reduced | -1.6m |
| Ghisallo Capital Management LLC | Sold out | -1.5m |
| Robeco Institutional Asset Management B.V. | Reduced | -1.4m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.1m |
Biggest calls
| Twin Tree Management, LP | New | $15.5m517.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.9m296.6k shares |
| Governors Lane LP | New | $8.7m290.0k shares |
| Balyasny Asset Management L.P. | New | $2.5m85.0k shares |
| GROUP ONE TRADING LLC | Reduced | $2.0m66.9k shares |
| JANE STREET GROUP, LLC | Added | $2.0m66.1k shares |
| CITADEL ADVISORS LLC | Reduced | $1.4m47.3k shares |
| Walleye Trading LLC | Reduced | $1.1m36.4k shares |
| IMC-Chicago, LLC | Reduced | $1.0m34.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $866.4k28.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $11.0m368.7k shares |
| CITADEL ADVISORS LLC | Added | $10.3m345.1k shares |
| GROUP ONE TRADING LLC | Reduced | $9.0m301.4k shares |
| SIMPLEX TRADING, LLC | Added | $4.4m145.8k shares |
| JANE STREET GROUP, LLC | Added | $2.6m87.8k shares |
| IMC-Chicago, LLC | Added | $2.6m86.8k shares |
| Walleye Trading LLC | Reduced | $1.9m64.0k shares |
| PEAK6 LLC | First filing | $1.4m45.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.2m40.7k shares |
| Twin Tree Management, LP | Added | $847.0k28.3k 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 Q4 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.
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-09 | AMERICAN INTERNATIONAL GROUP, INC. 10% owner | Sold | $3.8bn122.0m shares |
| 2024-11-07 | AMERICAN INTERNATIONAL GROUP, INC. 10% owner | Sold | $936.0m30.0m 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| AMERICAN INTERNATIONAL GROUP, INC. 92.00% of their portfolio | 127.3m $3.8bn | Reduced -152.0m |
| NIPPON LIFE INSURANCE CO 61.71% of their portfolio | 122.0m $3.7bn | New |
| Blackstone Inc. 8.77% of their portfolio | 62.0m $1.9bn | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 33.0m $986.5m | Added +7.8m |
| VANGUARD GROUP INC 0.01% of their portfolio | 23.9m $716.1m | Added +711.9k |
| HARRIS ASSOCIATES L P 0.82% of their portfolio | 20.9m $625.5m | Reduced -181.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 10.3m $308.9m | Reduced -163.9k |
| NORGES BANK 0.04% of their portfolio | 9.5m $283.2m | Added +874.5k |
| STATE STREET CORP 0.01% of their portfolio | 9.0m $268.2m | Added +923.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.79% of their portfolio | 7.9m $237.8m | Reduced -142.7k |
| AQR CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 5.6m $166.3m | Added +527.4k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 5.5m $163.3m | Added +770.3k |
| Clearbridge Investments, LLC 0.13% of their portfolio | 5.3m $158.8m | Added +1.0m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio | 5.1m $151.2m | Reduced -218.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.51% of their portfolio | 4.8m $143.8m | Added +1.2m |
| PZENA INVESTMENT MANAGEMENT LLC 0.47% of their portfolio | 4.6m $138.8m | Added +3.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.5m $134.5m | Added +315.7k |
| DONALD SMITH & CO., INC. 3.09% of their portfolio | 4.3m $129.4m | Reduced -10.9k |
| FIRST TRUST ADVISORS LP 0.11% of their portfolio | 4.2m $125.2m | Added +878.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 3.7m $111.0m | Added +3.6m |
| Davis Asset Management, L.P. 4.27% of their portfolio | 3.5m $104.8m | Added +500.0k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 3.1m $93.9m | Added +20.6k |
| ACADIAN ASSET MANAGEMENT LLC 0.25% of their portfolio | 2.9m $86.2m | Reduced -39.2k |
| LSV ASSET MANAGEMENT 0.20% of their portfolio | 2.9m $85.8m | New |
| Balyasny Asset Management L.P. 0.20% of their portfolio | 2.8m $84.9m | Added +2.6m |
| FMR LLC 0.00% of their portfolio | 2.6m $77.5m | Reduced -2.4m |
| Man Group plc 0.24% of their portfolio | 2.6m $77.5m | Added +346.8k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 2.6m $77.1m | Added +367.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.0m $61.4m | Added +255.4k |
| Artisan Partners Limited Partnership 0.09% of their portfolio | 2.0m $60.4m | Added +1.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.9m $57.8m | Added +193.4k |
| Artemis Investment Management LLP 0.81% of their portfolio | 1.9m $56.8m | Added +335.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.7m $49.7m | Added +4.7k |
| AustralianSuper Pty Ltd 0.22% of their portfolio | 1.6m $47.4m | Added +649.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 1.5m $45.2m | Added +740.7k |
| Alyeska Investment Group, L.P. 0.16% of their portfolio | 1.4m $42.7m | Added +1.2m |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 1.3m $38.0m | Added +219.3k |
| PANAGORA ASSET MANAGEMENT INC 0.17% of their portfolio | 1.2m $36.8m | Added +121.6k |
| KBC Group NV 0.10% of their portfolio | 1.2m $36.6m | Added +535.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.2m $36.2m | Added +786.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $35.0m | Reduced -1.6m |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 1.2m $34.6m | Added +1.0m |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 1.1m $34.0m | Added +2.4k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 1.1m $32.9m | Added +301.9k |
| Squarepoint Ops LLC 0.08% of their portfolio | 1.1m $32.6m | Added +511.6k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.1m $31.8m | First filing |
| MORGAN STANLEY 0.00% of their portfolio | 983.2k $29.4m | Added +99.4k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 926.3k $27.7m | Added +19.9k |
| CITIGROUP INC 0.03% of their portfolio | 884.6k $26.5m | Reduced -28.8k |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 861.3k $25.8m | Reduced -1.4m |
| ALGEBRIS (UK) LTD 6.21% of their portfolio | 849.4k $24.6m | Added +149.0k |
| BARCLAYS PLC 0.01% of their portfolio | 842.5k $25.2m | Added +484.5k |
| COOKSON PEIRCE & CO INC 1.14% of their portfolio | 842.5k $25.2m | Added +68.4k |
| FACTORY MUTUAL INSURANCE CO 0.26% of their portfolio | 808.4k $24.2m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 752.7k $22.5m | Reduced -60.0k |
| Invesco Ltd. 0.00% of their portfolio | 719.4k $21.5m | Added +30.1k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 701.2k $21.0m | Added +130.4k |
| Legal & General Group Plc 0.01% of their portfolio | 669.0k $20.0m | Reduced -144.3k |
| SOROS FUND MANAGEMENT LLC 0.35% of their portfolio | 664.1k $19.9m | Added +92.8k |
| UBS Group AG 0.00% of their portfolio | 645.4k $19.3m | Added +27.3k |
| Prana Capital Management, LP 0.91% of their portfolio | 641.1k $19.2m | Added +541.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 576.6k $17.3m | Reduced -1.1m |
| TD Asset Management Inc 0.01% of their portfolio | 562.7k $16.8m | Reduced -3.3m |
| SKBA CAPITAL MANAGEMENT LLC 2.44% of their portfolio | 515.0k $15.4m | Reduced -103.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 504.3k $15.1m | Added +20.8k |
| Amundi 0.01% of their portfolio | 503.0k $15.8m | Added +366.5k |
| Burkehill Global Management, LP 1.42% of their portfolio | 500.0k $15.0m | First filing |
| Freestone Grove Partners LP 0.18% of their portfolio | 498.4k $14.9m | First filing |
| STOREBRAND ASSET MANAGEMENT AS 0.04% of their portfolio | 485.6k $14.5m | Reduced -35.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 480.4k $14.4m | Added +377.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 472.7k $14.1m | Reduced -2.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 455.1k $13.6m | Added +27.2k |
| CREDIT AGRICOLE S A 0.05% of their portfolio | 453.2k $13.6m | Reduced -23.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 445.3k $13.3m | Added +101.5k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 438.5k $13.1m | Reduced -119.5k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 437.8k $13.1m | Reduced -254.1k |
| CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio | 419.8k $12.6m | Reduced -46.3k |
| Interval Partners, LP 0.32% of their portfolio | 412.3k $12.3m | Reduced -141.7k |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 405.4k $12.1m | Added +348.5k |
| Hudson Bay Capital Management LP 0.07% of their portfolio | 400.0k $12.0m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 394.1k $11.8m | Reduced -127.3k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 387.9k $11.6m | Reduced -436.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 386.4k $11.6m | Added +296.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 380.6k $11.4m | Added +349.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 361.0k $10.8m | Reduced -2.1m |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 359.9k $10.8m | Reduced -8.0k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 351.6k $10.5m | Added +15.1k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 350.6k $10.6m | Reduced -85.1k |
| SIERRA SUMMIT ADVISORS LLC 2.03% of their portfolio | 338.5k $10.1m | Added +42.9k |
| Demars Financial Group, LLC 0.11% of their portfolio | 336.8k $11.3k | New |
| Sound Income Strategies, LLC 0.62% of their portfolio | 334.1k $10.0m | Added +20.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 325.7k $9.7m | Added +126.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 322.4k $9.6m | Added +26.5k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 309.5k $9.3m | Reduced -822.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 306.1k $9.2m | Added +33.6k |
| Andra AP-fonden 0.13% of their portfolio | 281.2k $8.4m | Added +55.3k |
| QRG CAPITAL MANAGEMENT, INC. 0.09% of their portfolio | 278.4k $8.3m | Added +18.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 267.9k $8.0m | Added +29.0k |
| Cinctive Capital Management LP 0.40% of their portfolio | 251.3k $7.5m | Reduced -132.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 249.8k $7.5m | New |