GLOBE LIFE INC GL
COM · Common Stock · CUSIP 37959E102 · ISIN US37959E1029
American financial services company
- SectorFinancials
- IndustryLife Insurance
- HeadquartersMckinney, TX
- Founded1900
- Websitetorchmarkcorp.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 ($26.6m this quarter). Holder counts are more reliable. Shares outstanding: 81.0m as of 2025-07-31, 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 ≈ $124.25. Options: 11 managers hold calls ($35.1m notional), 11 hold puts ($10.4m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 480 |
| Q4 2022 | 526 |
| Q1 2023 | 526 |
| Q2 2023 | 543 |
| Q3 2023 | 547 |
| Q4 2023 | 590 |
| Q1 2024 | 599 |
| Q2 2024 | 504 |
| Q3 2024 | 527 |
| Q4 2024 | 567 |
| Q1 2025 | 608 |
| Q2 2025 | 642 |
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 | 228 | 240 |
| Q4 2023 | 244 | 243 |
| Q1 2024 | 274 | 246 |
| Q2 2024 | 222 | 361 |
| Q3 2024 | 260 | 232 |
| Q4 2024 | 240 | 250 |
| Q1 2025 | 275 | 254 |
| Q2 2025 | 295 | 280 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $86.9m | $91.0m | 1.05 |
| Q4 2024 | $91.3m | $108.2m | 1.19 |
| Q1 2025 | $63.6m | $46.0m | 0.72 |
| Q2 2025 | $35.1m | $10.4m | 0.30 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +696.5k |
| DIMENSIONAL FUND ADVISORS LP | Added | +275.7k |
| UBS Group AG | Added | +213.2k |
| ROYAL BANK OF CANADA | Added | +204.4k |
| Invesco Ltd. | Added | +147.6k |
| Candriam S.C.A. | New | +144.8k |
| Bridgewater Associates, LP | Added | +127.1k |
| NATIXIS | Added | +123.4k |
| NORGES BANK | Added | +98.3k |
| CITADEL ADVISORS LLC | Added | +85.6k |
Biggest sellers
| BlackRock, Inc. | Reduced | -500.4k |
| Balyasny Asset Management L.P. | Sold out | -274.6k |
| D. E. Shaw & Co., Inc. | Reduced | -255.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -221.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -209.9k |
| Gillson Capital LP | Sold out | -209.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -202.4k |
| Amundi | Reduced | -177.1k |
| Artisan Partners Limited Partnership | Reduced | -143.7k |
| FMR LLC | Reduced | -135.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $15.7m126.6k shares |
| JANE STREET GROUP, LLC | Reduced | $6.9m55.5k shares |
| IMC-Chicago, LLC | Added | $4.7m37.8k shares |
| CITADEL ADVISORS LLC | Reduced | $3.6m28.6k shares |
| TORONTO DOMINION BANK | Added | $1.7m13.3k shares |
| GROUP ONE TRADING LLC | Reduced | $1.2m9.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $919.0k7.4k shares |
| GARDA CAPITAL PARTNERS LP | Reduced | $261.0k2.1k shares |
| Walleye Trading LLC | Reduced | $87.0k700 shares |
| Walleye Capital LLC | Reduced | $74.6k600 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.9m23.2k shares |
| GROUP ONE TRADING LLC | Added | $2.2m18.1k shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m16.3k shares |
| GARDA CAPITAL PARTNERS LP | Added | $1.2m9.5k shares |
| JANE STREET GROUP, LLC | Added | $807.9k6.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $422.0k3.4k shares |
| Walleye Trading LLC | Reduced | $310.7k2.5k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Unchanged | $273.4k2.2k shares |
| PEAK6 LLC | New | $198.9k1.6k shares |
| Walleye Capital LLC | New | $49.7k400 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
| Invesco Ltd. 13G · institution new · filed 2026-05-06 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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.
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 2023 | 0 | — | 3 | $3.8m | — |
| Q4 2023 | 0 | — | 8 | $12.0m | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 8 | $1.5m | 1 | $179.3k | — |
| Q3 2024 | 1 | $270.6k | 0 | — | — |
| Q4 2024 | 0 | — | 2 | $2.4m | — |
| Q1 2025 | 0 | — | 7 | $15.6m | — |
| Q2 2025 | 0 | — | 2 | $2.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-04 | SVOBODA FRANK M Co-Chairman & CEO, director | Sold | $733.6k6.1k shares |
| 2025-05-20 | SVOBODA FRANK M Co-Chairman & CEO, director | Sold | $737.4k6.0k shares |
| 2025-05-12 | Zorn Rebecca E EVP & Chief Talent Officer | Sold | $1.2m10.0k 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 |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 10.3m $1.3bn | Reduced -108.7k |
| BlackRock, Inc. 0.01% of their portfolio | 5.8m $724.5m | Reduced -500.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 4.0m $491.9m | Reduced -221.0k |
| Invesco Ltd. 0.08% of their portfolio | 3.9m $487.4m | Added +147.6k |
| STATE STREET CORP 0.02% of their portfolio | 3.4m $417.4m | Reduced -89.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.7m $339.9m | Added +77.0k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 2.0m $250.7m | Added +275.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.8m $220.2m | Reduced -12.1k |
| AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 1.4m $174.3m | Added +696.5k |
| NORGES BANK 0.02% of their portfolio | 1.3m $157.7m | Added +98.3k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.2m $155.1m | Added +43.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.10% of their portfolio | 1.1m $139.5m | Reduced -62.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.51% of their portfolio | 1.0m $129.8m | Added +18.0k |
| PZENA INVESTMENT MANAGEMENT LLC 0.38% of their portfolio | 946.0k $117.6m | Added +5.1k |
| Nuveen, LLC 0.03% of their portfolio | 908.8k $113.0m | Reduced -90.4k |
| EQUITY INVESTMENT CORP 2.43% of their portfolio | 892.8k $111.0m | Reduced -36.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.10% of their portfolio | 841.5k $104.1m | Reduced -11.4k |
| Swedbank AB 0.12% of their portfolio | 832.0k $103.4m | First filing |
| NORTHERN TRUST CORP 0.01% of their portfolio | 814.2k $101.2m | Added +3.9k |
| REGIONS FINANCIAL CORP 0.69% of their portfolio | 801.6k $99.6m | Reduced -2.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 766.0k $95.2m | Reduced -15.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 760.1k $94.5m | Added +26.8k |
| FMR LLC 0.00% of their portfolio | 693.8k $86.2m | Reduced -135.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 655.8k $81.5m | Added +50.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 577.5k $71.8m | Added +14.5k |
| Freestone Grove Partners LP 0.54% of their portfolio | 575.1k $71.5m | Reduced -115.8k |
| NUANCE INVESTMENTS, LLC 5.53% of their portfolio | 571.6k $71.0m | Added +17.0k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 560.7k $69.7m | Added +19.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 436.1k $54.2m | Added +49.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 434.7k $54.0m | Added +43.2k |
| Artisan Partners Limited Partnership 0.07% of their portfolio | 400.2k $49.7m | Reduced -143.7k |
| UBS Group AG 0.01% of their portfolio | 388.5k $48.3m | Added +213.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 380.1k $47.2m | Added +204.4k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 364.6k $45.3m | Added +21.8k |
| LPL Financial LLC 0.01% of their portfolio | 333.0k $41.4m | Added +22.5k |
| BARCLAYS PLC 0.01% of their portfolio | 291.5k $36.2m | Reduced -8.9k |
| SEGALL BRYANT & HAMILL, LLC 0.50% of their portfolio | 287.6k $35.7m | Added +45.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 286.3k $35.6m | Added +80.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio | 267.6k $33.3m | Reduced -209.9k |
| TWO SIGMA ADVISERS, LP 0.07% of their portfolio | 260.7k $32.4m | Reduced -60.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 259.8k $32.3m | Reduced -202.4k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 247.9k $30.8m | Reduced -3.5k |
| Corient Private Wealth LP 0.04% of their portfolio | 242.2k $30.1m | Reduced -67.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 223.2k $27.7m | Added +2.3k |
| Bridgewater Associates, LP 0.11% of their portfolio | 213.3k $26.5m | Added +127.1k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 213.0k $26.5m | Reduced -97.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 212.3k $26.4m | Added +3.3k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 210.3k $26.1m | Reduced -94.2k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 209.2k $26.0m | Reduced -255.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 208.4k $25.9m | Added +63.8k |
| PROSPECTOR PARTNERS LLC 2.95% of their portfolio | 204.8k $25.5m | Reduced -7.6k |
| GREAT LAKES ADVISORS, LLC 0.19% of their portfolio | 182.7k $22.7m | Reduced -14.6k |
| INGALLS & SNYDER LLC 0.73% of their portfolio | 164.6k $20.5m | Unchanged |
| California Public Employees Retirement System 0.01% of their portfolio | 163.3k $20.3m | Added +9.0k |
| Legal & General Group Plc 0.01% of their portfolio | 162.5k $20.2m | Added +21.9k |
| Swiss National Bank 0.01% of their portfolio | 159.0k $19.8m | Reduced -3.7k |
| NATIXIS 0.10% of their portfolio | 158.8k $19.7m | Added +123.4k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 155.0k $19.3m | Added +26.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 153.9k $19.1m | Reduced -28.3k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 153.9k $19.1m | Reduced -14.8k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 147.7k $18.4m | Added +40.7k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 146.2k $18.1m | Reduced -22.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 145.3k $18.1m | Reduced -9.1k |
| Candriam S.C.A. 0.10% of their portfolio | 144.8k $18.0m | New |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 141.5k $17.4m | Reduced -10.6k |
| Woodline Partners LP 0.09% of their portfolio | 133.7k $16.6m | Reduced -28.2k |
| SOROS FUND MANAGEMENT LLC 0.27% of their portfolio | 124.5k $15.5m | Added +34.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 122.0k $15.2m | Added +1.8k |
| IEQ CAPITAL, LLC 0.09% of their portfolio | 114.8k $14.3m | Added +54.3k |
| AXA S.A. 0.04% of their portfolio | 112.7k $14.0m | Reduced -25.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 111.7k $13.9m | Added +68.0k |
| Lighthouse Investment Partners, LLC 0.58% of their portfolio | 107.7k $13.4m | Reduced -30.4k |
| Interval Partners, LP 0.30% of their portfolio | 106.7k $13.3m | Added +15.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 103.4k $12.9m | Reduced -882 |
| APG Asset Management N.V. 0.03% of their portfolio | 101.3k $10.7m | Added +10.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.04% of their portfolio | 99.2k $12.3m | Reduced -7.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 98.3k $12.2m | Added +12.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 97.7k $12.1m | Added +5.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 97.3k $12.1m | Reduced -4.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 96.5k $12.0m | Reduced -40.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 92.3k $11.5m | Added +85.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 86.4k $10.7m | Added +109 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 79.8k $9.9m | Unchanged |
| ALGERT GLOBAL LLC 0.20% of their portfolio | 78.5k $9.8m | Reduced -4.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 76.8k $9.5m | Reduced -5.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 75.6k $9.4m | Reduced -1.0k |
| Carmignac Gestion 0.14% of their portfolio | 74.0k $9.2m | Reduced -16.0k |
| CITIGROUP INC 0.01% of their portfolio | 67.9k $8.4m | Reduced -8.5k |
| Barbara Oil Co. 3.30% of their portfolio | 67.5k $8.4m | Unchanged |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 66.5k $8.3m | Added +31.7k |
| Daiwa Securities Group Inc. 0.03% of their portfolio | 66.0k $8.2m | Reduced -8.9k |
| LEAVELL INVESTMENT MANAGEMENT, INC. 0.36% of their portfolio | 64.5k $8.0m | Reduced -755 |
| Cerity Partners LLC 0.01% of their portfolio | 64.3k $8.0m | Added +22.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 64.0k $7.3m | Reduced -9.7k |
| Polar Capital Holdings Plc 0.04% of their portfolio | 63.8k $7.9m | Reduced -49.7k |
| Cohen Klingenstein LLC 0.26% of their portfolio | 63.1k $7.8m | Reduced -8.9k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 62.2k $7.7m | Reduced -18.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 62.2k $7.7m | Reduced -5.2k |
| Handelsbanken Fonder AB 0.03% of their portfolio | 62.1k $7.7m | Added +20.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 62.1k $7.7m | Reduced -9.7k |