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 ($40.9m this quarter). Holder counts are more reliable. Shares outstanding: 538.7m as of 2025-08-01, 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 ≈ $35.50. Options: 13 managers hold calls ($41.6m notional), 12 hold puts ($28.1m).
Trends to Q2 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 |
| Q2 2025 | 425 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 211 | 223 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $51.9m | $143.8m | 2.77 |
| Q4 2024 | $45.7m | $46.8m | 1.02 |
| Q1 2025 | $32.2m | $29.9m | 0.93 |
| Q2 2025 | $41.6m | $28.1m | 0.67 |
Biggest buyers
| PZENA INVESTMENT MANAGEMENT LLC | Added | +10.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +7.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.0m |
| BANK OF AMERICA CORP /DE/ | Added | +864.9k |
| VANGUARD GROUP INC | Added | +776.1k |
| ROYAL BANK OF CANADA | Added | +722.8k |
| Russell Investments Group, Ltd. | Added | +677.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +547.6k |
| ALGEBRIS (UK) LTD | Added | +539.4k |
| CITADEL ADVISORS LLC | New | +486.4k |
Biggest sellers
| AMERICAN INTERNATIONAL GROUP, INC. | Reduced | -13.4m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -3.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.0m |
| NORGES BANK | Reduced | -1.5m |
| FIRST TRUST ADVISORS LP | Reduced | -1.5m |
| Artemis Investment Management LLP | Sold out | -1.3m |
| Man Group plc | Reduced | -1.1m |
| FMR LLC | Reduced | -1.0m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.0m |
| Balyasny Asset Management L.P. | Reduced | -870.2k |
Biggest calls
| Balyasny Asset Management L.P. | New | $10.7m300.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.8m275.9k shares |
| GROUP ONE TRADING LLC | Added | $6.4m180.7k shares |
| JANE STREET GROUP, LLC | Reduced | $4.4m122.8k shares |
| WOLVERINE TRADING, LLC | Added | $3.3m91.4k shares |
| SIMPLEX TRADING, LLC | Added | $2.1m57.9k shares |
| PEAK6 LLC | Added | $1.7m48.4k shares |
| IMC-Chicago, LLC | Reduced | $1.0m29.0k shares |
| Cubist Systematic Strategies, LLC | Added | $912.4k25.7k shares |
| CITADEL ADVISORS LLC | Reduced | $692.2k19.5k shares |
Biggest puts
| Governors Lane LP | New | $8.4m235.8k shares |
| GROUP ONE TRADING LLC | Reduced | $6.7m187.7k shares |
| CITADEL ADVISORS LLC | Reduced | $4.5m126.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.4m123.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.1m30.5k shares |
| JANE STREET GROUP, LLC | Reduced | $809.4k22.8k shares |
| IMC-Chicago, LLC | Reduced | $681.6k19.2k shares |
| Walleye Trading LLC | Added | $553.8k15.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $544.6k15.2k shares |
| Walleye Capital LLC | Added | $269.8k7.6k 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 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.
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-13 | AMERICAN INTERNATIONAL GROUP, INC. 10% owner | Sold | $430.4m13.4m 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 2025
| Manager | Shares | Change |
|---|---|---|
| NIPPON LIFE INSURANCE CO 65.41% of their portfolio | 122.0m $4.3bn | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 92.57% of their portfolio | 113.9m $4.0bn | Reduced -13.4m |
| Blackstone Inc. 9.89% of their portfolio | 62.0m $2.2bn | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.16% of their portfolio | 38.6m $1.4bn | Added +7.5m |
| VANGUARD GROUP INC 0.01% of their portfolio | 25.0m $888.4m | Added +776.1k |
| HARRIS ASSOCIATES L P 1.16% of their portfolio | 20.1m $714.9m | Reduced -799.8k |
| PZENA INVESTMENT MANAGEMENT LLC 2.16% of their portfolio | 18.7m $664.7m | Added +10.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 9.1m $324.3m | Reduced -587.3k |
| STATE STREET CORP 0.01% of their portfolio | 7.8m $278.3m | Reduced -665.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.89% of their portfolio | 7.7m $273.2m | Reduced -65.9k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 6.3m $222.1m | Added +426.7k |
| Clearbridge Investments, LLC 0.15% of their portfolio | 5.3m $189.1m | Reduced -224.1k |
| LSV ASSET MANAGEMENT 0.38% of their portfolio | 4.6m $162.8m | Added +250.1k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 4.5m $160.8m | Reduced -3.8m |
| FIRST TRUST ADVISORS LP 0.13% of their portfolio | 4.5m $158.2m | Reduced -1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.4m $156.1m | Reduced -110.5k |
| NORGES BANK 0.02% of their portfolio | 4.1m $145.6m | Reduced -1.5m |
| DONALD SMITH & CO., INC. 3.41% of their portfolio | 4.1m $145.0m | Added +72.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio | 3.9m $138.8m | Reduced -1.0m |
| Davis Asset Management, L.P. 4.84% of their portfolio | 3.5m $124.2m | Unchanged |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.46% of their portfolio | 3.3m $118.5m | Reduced -295.7k |
| Nuveen, LLC 0.03% of their portfolio | 2.9m $103.6m | Reduced -261.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.9m $102.4m | Added +864.9k |
| Balyasny Asset Management L.P. 0.22% of their portfolio | 2.7m $95.5m | Reduced -870.2k |
| AustralianSuper Pty Ltd 0.46% of their portfolio | 2.6m $90.6m | Reduced -61.9k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 2.3m $82.9m | Reduced -223.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 2.1m $72.9m | Reduced -2.0m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.9m $69.1m | Reduced -6.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.8m $62.7m | Reduced -210.1k |
| UBS Group AG 0.01% of their portfolio | 1.8m $62.3m | Added +289.1k |
| TRUIST FINANCIAL CORP 0.09% of their portfolio | 1.7m $61.4m | Added +175.4k |
| SOROS FUND MANAGEMENT LLC 1.03% of their portfolio | 1.7m $59.8m | Added +322.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.7m $59.4m | Added +299.5k |
| FMR LLC 0.00% of their portfolio | 1.6m $57.8m | Reduced -1.0m |
| Artisan Partners Limited Partnership 0.08% of their portfolio | 1.6m $56.4m | Reduced -445.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 1.6m $55.4m | Added +102.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.5m $51.6m | Added +722.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.4m $51.2m | Added +141.4k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 1.3m $45.2m | Added +677.1k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 1.2m $43.0m | Added +67.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.1m $40.4m | Reduced -359.1k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 1.1m $39.4m | Added +1.0m |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $37.9m | Reduced -144.1k |
| ALGEBRIS (UK) LTD 5.92% of their portfolio | 1.1m $37.6m | Added +539.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.0m $36.3m | Reduced -51.0k |
| PANAGORA ASSET MANAGEMENT INC 0.15% of their portfolio | 952.7k $33.8m | Reduced -256.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 927.6k $32.9m | Reduced -415.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 882.2k $31.3m | Reduced -82.5k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 863.6k $30.7m | Reduced -360.5k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 821.6k $29.2m | Added +162.6k |
| FACTORY MUTUAL INSURANCE CO 0.32% of their portfolio | 815.4k $28.9m | Added +176.0k |
| Legal & General Group Plc 0.01% of their portfolio | 776.3k $27.6m | Added +76.9k |
| Swiss National Bank 0.02% of their portfolio | 757.4k $26.9m | Added +40.3k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 715.0k $25.4m | Added +198.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio | 691.8k $24.6m | Reduced -615.1k |
| KBC Group NV 0.06% of their portfolio | 658.7k $23.4m | Reduced -441.3k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 644.5k $22.9m | Added +287.4k |
| Invesco Ltd. 0.00% of their portfolio | 637.3k $22.6m | Reduced -96.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 623.3k $22.1m | Added +547.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 571.8k $20.3m | Added +12.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 569.4k $20.2m | Reduced -402.3k |
| SKBA CAPITAL MANAGEMENT LLC 2.85% of their portfolio | 558.8k $19.8m | Added +33.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 556.2k $19.7m | Added +431.5k |
| Woodline Partners LP 0.10% of their portfolio | 556.0k $19.7m | Added +400.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 500.9k $17.8m | Reduced -1.2k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.12% of their portfolio | 495.1k $17.6m | Added +27.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 494.3k $17.5m | Added +8.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 486.4k $17.3m | New |
| Allianz Asset Management GmbH 0.02% of their portfolio | 472.1k $16.8m | Reduced -181.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 466.7k $16.6m | Added +61.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 451.5k $16.0m | Reduced -5.5k |
| Interval Partners, LP 0.37% of their portfolio | 450.9k $16.0m | Added +416.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 441.3k $15.7m | Reduced -6.2k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.74% of their portfolio | 420.2k $14.9m | Added +223.8k |
| Lighthouse Investment Partners, LLC 0.62% of their portfolio | 403.7k $14.3m | Added +107.5k |
| BARCLAYS PLC 0.01% of their portfolio | 395.7k $14.0m | Reduced -16.1k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 385.8k $13.7m | Added +22.7k |
| Vest Financial, LLC 0.18% of their portfolio | 363.7k $12.9m | Reduced -301.7k |
| Amundi 0.00% of their portfolio | 362.5k $12.8m | Reduced -332.0k |
| Sound Income Strategies, LLC 0.72% of their portfolio | 355.4k $12.6m | Added +15.2k |
| Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio | 339.2k $12.0m | Added +171.2k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 311.8k $11.1m | Reduced -40.8k |
| Burkehill Global Management, LP 0.79% of their portfolio | 300.0k $10.7m | Added +50.0k |
| Man Group plc 0.02% of their portfolio | 298.4k $10.6m | Reduced -1.1m |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 282.4k $10.0m | Reduced -90.9k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 273.9k $9.7m | Reduced -33.5k |
| SIERRA SUMMIT ADVISORS LLC 1.71% of their portfolio | 270.4k $9.6m | Reduced -14.5k |
| Brandywine Global Investment Management, LLC 0.07% of their portfolio | 261.3k $9.3m | Reduced -202.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 254.7k $9.0m | Added +53.7k |
| Gator Capital Management, LLC 2.75% of their portfolio | 248.5k $8.8m | Unchanged |
| Governors Lane LP 1.14% of their portfolio | 235.8k $8.4m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 235.3k $8.4m | Reduced -128.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 215.4k $7.6m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 211.2k $7.5m | Reduced -41.4k |
| Engineers Gate Manager LP 0.09% of their portfolio | 205.8k $7.3m | Added +117.8k |
| Hudson Bay Capital Management LP 0.05% of their portfolio | 205.5k $7.3m | Reduced -145.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 195.1k $6.9m | Reduced -353.9k |
| Arbiter Partners Capital Management LLC 5.94% of their portfolio | 188.7k $6.7m | Added +6.5k |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 184.2k $6.5m | New |
| Swedbank AB 0.01% of their portfolio | 179.3k $6.4m | First filing |