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 ($47.2m this quarter). Holder counts are more reliable. Shares outstanding: 550.3m as of 2025-05-01, 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 ≈ $31.53. Options: 14 managers hold calls ($32.2m notional), 12 hold puts ($29.9m).
Trends to Q1 2025
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 |
| Q1 2025 | 415 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 201 | 196 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $69.7m | $297.2m | 4.27 |
| Q3 2024 | $51.9m | $143.8m | 2.77 |
| Q4 2024 | $45.7m | $46.8m | 1.02 |
| Q1 2025 | $32.2m | $29.9m | 0.93 |
Biggest buyers
| PZENA INVESTMENT MANAGEMENT LLC | Added | +3.4m |
| AQR CAPITAL MANAGEMENT LLC | Added | +2.8m |
| FIRST TRUST ADVISORS LP | Added | +1.8m |
| TRUIST FINANCIAL CORP | Added | +1.5m |
| LSV ASSET MANAGEMENT | Added | +1.5m |
| BANK OF AMERICA CORP /DE/ | Added | +1.4m |
| AustralianSuper Pty Ltd | Added | +1.0m |
| ENVESTNET ASSET MANAGEMENT INC | Added | +1.0m |
| GOLDMAN SACHS GROUP INC | Added | +905.9k |
| UBS Group AG | Added | +819.7k |
Biggest sellers
| NORGES BANK | Reduced | -3.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.8m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.6m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -1.2m |
| Man Group plc | Reduced | -1.2m |
| Squarepoint Ops LLC | Sold out | -1.1m |
| Alyeska Investment Group, L.P. | Reduced | -894.9k |
| CITIGROUP INC | Reduced | -674.2k |
| Prana Capital Management, LP | Sold out | -641.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -597.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $9.7m305.7k shares |
| JANE STREET GROUP, LLC | Added | $5.2m165.1k shares |
| Twin Tree Management, LP | Reduced | $4.9m153.9k shares |
| GROUP ONE TRADING LLC | Added | $4.1m131.2k shares |
| WOLVERINE TRADING, LLC | Added | $2.2m69.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.7m54.6k shares |
| IMC-Chicago, LLC | Added | $1.1m35.1k shares |
| CITADEL ADVISORS LLC | Reduced | $773.5k24.5k shares |
| Interval Partners, LP | New | $672.4k21.3k shares |
| Cubist Systematic Strategies, LLC | Unchanged | $621.9k19.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.0m222.5k shares |
| CITADEL ADVISORS LLC | Reduced | $6.2m195.7k shares |
| GROUP ONE TRADING LLC | Reduced | $6.1m192.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.8m89.9k shares |
| JANE STREET GROUP, LLC | Reduced | $2.5m79.7k shares |
| IMC-Chicago, LLC | Reduced | $2.1m66.7k shares |
| WOLVERINE TRADING, LLC | Added | $1.4m43.3k shares |
| PEAK6 LLC | Reduced | $1.3m41.1k shares |
| Walleye Trading LLC | Reduced | $284.1k9.0k shares |
| Walleye Capital LLC | Reduced | $195.7k6.2k 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 2025
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.
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| AMERICAN INTERNATIONAL GROUP, INC. 92.63% of their portfolio | 127.3m $4.0bn | Unchanged |
| NIPPON LIFE INSURANCE CO 61.05% of their portfolio | 122.0m $3.9bn | Unchanged |
| Blackstone Inc. 8.57% of their portfolio | 62.0m $2.0bn | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.12% of their portfolio | 31.1m $982.2m | Reduced -1.8m |
| VANGUARD GROUP INC 0.01% of their portfolio | 24.2m $765.6m | Added +324.7k |
| HARRIS ASSOCIATES L P 1.11% of their portfolio | 20.9m $661.0m | Added +38.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 9.7m $306.9m | Reduced -597.7k |
| STATE STREET CORP 0.01% of their portfolio | 8.5m $268.4m | Reduced -456.1k |
| AQR CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 8.3m $258.9m | Added +2.8m |
| PZENA INVESTMENT MANAGEMENT LLC 0.89% of their portfolio | 8.1m $254.2m | Added +3.4m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.82% of their portfolio | 7.8m $245.0m | Reduced -182.0k |
| FIRST TRUST ADVISORS LP 0.17% of their portfolio | 5.9m $187.5m | Added +1.8m |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 5.8m $184.0m | Added +372.3k |
| NORGES BANK 0.02% of their portfolio | 5.6m $176.4m | Reduced -3.9m |
| Clearbridge Investments, LLC 0.15% of their portfolio | 5.6m $175.2m | Added +245.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.15% of their portfolio | 4.9m $155.1m | Reduced -138.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.5m $142.5m | Added +20.9k |
| LSV ASSET MANAGEMENT 0.33% of their portfolio | 4.3m $136.9m | Added +1.5m |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 4.0m $127.1m | Added +319.2k |
| DONALD SMITH & CO., INC. 3.10% of their portfolio | 4.0m $126.6m | Reduced -313.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.45% of their portfolio | 3.6m $114.7m | Reduced -1.2m |
| Balyasny Asset Management L.P. 0.28% of their portfolio | 3.6m $112.4m | Added +725.2k |
| Davis Asset Management, L.P. 4.60% of their portfolio | 3.5m $110.5m | Unchanged |
| Nuveen, LLC 0.03% of their portfolio | 3.2m $100.4m | First filing |
| FMR LLC 0.01% of their portfolio | 2.7m $84.0m | Added +72.5k |
| AustralianSuper Pty Ltd 0.47% of their portfolio | 2.6m $82.5m | Added +1.0m |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 2.6m $80.7m | Reduced -19.7k |
| Artisan Partners Limited Partnership 0.10% of their portfolio | 2.0m $64.3m | Added +17.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.0m $63.8m | Added +1.4m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.0m $62.4m | Reduced -73.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.0m $61.6m | Added +21.1k |
| TRUIST FINANCIAL CORP 0.08% of their portfolio | 1.6m $49.1m | Added +1.5m |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.5m $47.3m | Added +287.5k |
| UBS Group AG 0.01% of their portfolio | 1.5m $46.3m | Added +819.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.5m $46.0m | Added +1.0m |
| Man Group plc 0.13% of their portfolio | 1.4m $44.9m | Reduced -1.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.4m $43.3m | Reduced -286.9k |
| SOROS FUND MANAGEMENT LLC 0.77% of their portfolio | 1.4m $43.0m | Added +698.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $42.4m | Added +172.5k |
| Artemis Investment Management LLP 0.64% of their portfolio | 1.3m $41.8m | Reduced -575.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.12% of their portfolio | 1.3m $41.2m | Reduced -1.6m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $41.0m | Added +905.9k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 1.2m $38.6m | Added +67.0k |
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $38.2m | Added +228.0k |
| PANAGORA ASSET MANAGEMENT INC 0.19% of their portfolio | 1.2m $38.2m | Reduced -21.0k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 1.1m $36.2m | Added +8.5k |
| KBC Group NV 0.11% of their portfolio | 1.1m $34.7m | Reduced -122.5k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.1m $33.9m | Added +9.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 971.7k $30.7m | Reduced -538.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 964.7k $30.5m | Reduced -303.8k |
| COOKSON PEIRCE & CO INC 1.38% of their portfolio | 871.3k $27.5m | Added +28.8k |
| Invesco Ltd. 0.00% of their portfolio | 734.0k $23.2m | Added +14.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 729.6k $23.0m | Added +249.1k |
| Swiss National Bank 0.02% of their portfolio | 717.1k $22.6m | Reduced -35.6k |
| Legal & General Group Plc 0.01% of their portfolio | 699.4k $22.1m | Added +30.4k |
| Amundi 0.01% of their portfolio | 694.5k $19.9m | Added +191.5k |
| Vest Financial, LLC 0.33% of their portfolio | 665.4k $21.0m | Added +582.7k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 659.0k $20.8m | Reduced -42.2k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 653.8k $20.6m | Reduced -272.5k |
| FACTORY MUTUAL INSURANCE CO 0.23% of their portfolio | 639.4k $20.2m | Reduced -169.0k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 595.7k $18.8m | Reduced -501.9k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 559.5k $17.7m | Added +73.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 549.0k $17.2m | Added +314.5k |
| CREDIT AGRICOLE S A 0.07% of their portfolio | 547.0k $17.3m | Added +93.9k |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 531.9k $16.8m | Reduced -894.9k |
| SKBA CAPITAL MANAGEMENT LLC 2.47% of their portfolio | 525.2k $16.6m | Added +10.2k |
| ALGEBRIS (UK) LTD 2.77% of their portfolio | 520.8k $15.2m | Reduced -328.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 516.6k $16.3m | Added +190.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 502.0k $15.8m | Added +141.0k |
| Freestone Grove Partners LP 0.16% of their portfolio | 498.4k $15.7m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 486.4k $15.4m | Reduced -17.9k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.11% of their portfolio | 467.9k $14.8m | First filing |
| Brandywine Global Investment Management, LLC 0.11% of their portfolio | 464.1k $14.7m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 457.1k $14.4m | Reduced -15.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 447.5k $14.1m | Reduced -7.6k |
| BARCLAYS PLC 0.01% of their portfolio | 411.8k $13.0m | Reduced -430.8k |
| Renaissance Capital LLC 9.99% of their portfolio | 409.7k $12.9m | Added +174.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 404.9k $12.8m | Added +18.5k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 383.0k $12.1m | Added +31.4k |
| Demars Financial Group, LLC 0.34% of their portfolio | 375.9k $11.9k | Added +39.1k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 373.2k $11.8m | Added +149.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 363.4k $11.5m | Added +95.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 363.1k $11.5m | Added +40.7k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 357.1k $11.3m | Reduced -504.2k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 352.6k $11.1m | Reduced -7.3k |
| Hudson Bay Capital Management LP 0.07% of their portfolio | 350.6k $11.1m | Reduced -49.4k |
| Sound Income Strategies, LLC 0.63% of their portfolio | 340.1k $10.7m | Added +6.0k |
| Financial Harvest, LLC 7.04% of their portfolio | 307.6k $8.5m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 307.4k $9.7m | Added +1.2k |
| Lighthouse Investment Partners, LLC 0.43% of their portfolio | 296.2k $9.3m | Added +47.0k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 288.1k $9.1m | New |
| SIERRA SUMMIT ADVISORS LLC 1.95% of their portfolio | 284.9k $9.0m | Reduced -53.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 252.6k $7.9m | Reduced -185.2k |
| Burkehill Global Management, LP 0.59% of their portfolio | 250.0k $7.9m | Reduced -250.0k |
| Gator Capital Management, LLC 3.00% of their portfolio | 248.5k $7.8m | Added +500 |
| Andra AP-fonden 0.12% of their portfolio | 225.2k $7.1m | Reduced -56.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 215.4k $6.8m | Added +34.4k |
| CITIGROUP INC 0.01% of their portfolio | 210.4k $6.6m | Reduced -674.2k |
| IEQ CAPITAL, LLC 0.05% of their portfolio | 209.5k $6.6m | Added +163.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 201.0k $6.3m | Added +21.4k |