REINSURANCE GRP OF AMERICA I RGA
COM NEW · Common Stock · CUSIP 759351604
American insurance company
* 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 ($47.1m this quarter). Holder counts are more reliable. Shares outstanding: 65.9m as of 2024-07-31, 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 ≈ $205.29. Options: 5 managers hold calls ($12.6m notional), 4 hold puts ($2.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 406 |
| Q4 2022 | 467 |
| Q1 2023 | 449 |
| Q2 2023 | 480 |
| Q3 2023 | 468 |
| Q4 2023 | 513 |
| Q1 2024 | 531 |
| Q2 2024 | 608 |
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 | 242 | 175 |
| Q1 2023 | 219 | 226 |
| Q2 2023 | 229 | 207 |
| Q3 2023 | 205 | 239 |
| Q4 2023 | 237 | 215 |
| Q1 2024 | 242 | 250 |
| Q2 2024 | 308 | 242 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $9.6m | $2.3m | 0.24 |
| Q4 2023 | $12.1m | $2.1m | 0.17 |
| Q1 2024 | $16.0m | $1.9m | 0.12 |
| Q2 2024 | $12.6m | $2.6m | 0.21 |
Biggest buyers
| Bain Capital Public Equity Management II, LLC | New | +505.0k |
| Zurich Insurance Group Ltd/FI | Added | +442.9k |
| FIL Ltd | Added | +426.0k |
| Balyasny Asset Management L.P. | Added | +243.1k |
| WCM INVESTMENT MANAGEMENT, LLC | New | +187.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +133.2k |
| CITADEL ADVISORS LLC | Added | +125.5k |
| Qube Research & Technologies Ltd | Added | +113.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +86.2k |
| Trexquant Investment LP | New | +84.6k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.1m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -698.0k |
| FMR LLC | Reduced | -555.8k |
| BlackRock Inc. | Reduced | -438.7k |
| NUANCE INVESTMENTS, LLC | Reduced | -336.8k |
| Alyeska Investment Group, L.P. | Sold out | -153.6k |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -144.9k |
| HARRIS ASSOCIATES L P | Reduced | -133.4k |
| Prana Capital Management, LP | Reduced | -125.3k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -98.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $4.7m22.9k shares |
| Twin Tree Management, LP | New | $4.5m21.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.4m16.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $61.0k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.0m9.6k shares |
| CITADEL ADVISORS LLC | Added | $574.8k2.8k shares |
| SIMPLEX TRADING, LLC | New | $41.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-24 | 9.0% |
| HARRIS ASSOCIATES L P 13G · institution +1.4 pts · filed 2026-02-17 | 6.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
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 | — | 1 | $357.9k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 3 | $1.2m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $73.4k | 1 | $82.1k | — |
| Q1 2024 | 0 | — | 2 | $1.8m | — |
| Q2 2024 | 0 | — | 1 | $365.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-14 | Hayden John W. EVP, Controller | Sold | $365.5k1.8k 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 |
|---|---|---|
| BlackRock Inc. 0.04% of their portfolio | 7.7m $1.6bn | Reduced -438.7k |
| VANGUARD GROUP INC 0.03% of their portfolio | 7.2m $1.5bn | Added +8.7k |
| FMR LLC 0.07% of their portfolio | 5.1m $1.0bn | Reduced -555.8k |
| EARNEST PARTNERS LLC 2.52% of their portfolio | 2.6m $539.5m | Added +50.2k |
| STATE STREET CORP 0.02% of their portfolio | 2.2m $457.1m | Reduced -74.4k |
| HARRIS ASSOCIATES L P 0.77% of their portfolio | 2.2m $455.7m | Reduced -133.4k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 1.6m $329.6m | Added +24.6k |
| AMERICAN CENTURY COMPANIES INC 0.18% of their portfolio | 1.4m $290.5m | Reduced -698.0k |
| MORGAN STANLEY 0.02% of their portfolio | 1.4m $285.2m | Reduced -3.1m |
| Rockefeller Capital Management L.P. 0.80% of their portfolio | 1.4m $281.9m | Reduced -20.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.1m $224.1m | Reduced -6.8k |
| SEI INVESTMENTS CO 0.24% of their portfolio | 825.7k $169.5m | Added +45.7k |
| NORGES BANK 0.02% of their portfolio | 811.7k $166.6m | Reduced -8.6k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 801.0k $164.4m | Reduced -18.9k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 781.1k $160.3m | Reduced -40.1k |
| FIL Ltd 0.13% of their portfolio | 651.1k $133.7m | Added +426.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.55% of their portfolio | 644.0k $132.2m | Added +59.9k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 603.7k $123.9m | Added +49.1k |
| Douglas Lane & Associates, LLC 1.73% of their portfolio | 594.6k $122.1m | Reduced -31.5k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 583.7k $119.8m | Reduced -2.6k |
| AQR CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 551.2k $113.2m | Reduced -98.1k |
| Junto Capital Management LP 2.32% of their portfolio | 513.3k $105.4m | Reduced -32.7k |
| Invesco Ltd. 0.02% of their portfolio | 509.2k $104.5m | Reduced -34.9k |
| Zurich Insurance Group Ltd/FI 0.90% of their portfolio | 507.8k $104.2m | Added +442.9k |
| Bain Capital Public Equity Management II, LLC 4.66% of their portfolio | 505.0k $103.7m | New |
| Ensign Peak Advisors, Inc 0.19% of their portfolio | 501.3k $102.9m | Reduced -82.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 494.2k $101.5m | Added +65.3k |
| Balyasny Asset Management L.P. 0.25% of their portfolio | 474.3k $97.4m | Added +243.1k |
| Polar Capital Holdings Plc 0.57% of their portfolio | 471.0k $96.7m | Unchanged |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.18% of their portfolio | 470.3k $96.5m | Reduced -9.7k |
| NUANCE INVESTMENTS, LLC 2.75% of their portfolio | 438.5k $90.0m | Reduced -336.8k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 437.3k $89.8m | Added +133.2k |
| Nuveen Asset Management, LLC 0.03% of their portfolio | 436.1k $89.5m | Added +26.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 428.3k $87.9m | Reduced -846 |
| FEDERATED HERMES, INC. 0.21% of their portfolio | 421.6k $86.5m | Reduced -31.0k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 391.9k $80.4m | Reduced -4.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 369.8k $75.9m | Added +9.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 359.1k $73.7m | Reduced -32.7k |
| STIFEL FINANCIAL CORP 0.08% of their portfolio | 338.7k $69.5m | Reduced -1.6k |
| California Public Employees Retirement System 0.05% of their portfolio | 314.8k $64.6m | Added +53.8k |
| Corient Private Wealth LP 0.11% of their portfolio | 305.2k $62.7m | Reduced -11.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.25% of their portfolio | 290.4k $59.6m | Unchanged |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 284.8k $58.5m | Added +16.0k |
| LSV ASSET MANAGEMENT 0.12% of their portfolio | 259.1k $53.2m | Reduced -5.1k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.28% of their portfolio | 245.7k $50.4m | Added +773 |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 238.0k $48.9m | Reduced -64.8k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 237.7k $48.8m | Added +1.2k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 226.6k $46.5m | Added +125.5k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 222.8k $45.7m | Reduced -9.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 219.3k $45.0m | Reduced -29.2k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 209.0k $42.9m | Reduced -22.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 206.0k $42.3m | Reduced -17.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 202.8k $41.6m | Reduced -2.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 200.6k $41.2m | Added +86.2k |
| Prana Capital Management, LP 1.95% of their portfolio | 199.8k $41.0m | Reduced -125.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 198.0k $40.7m | Reduced -2.4k |
| Man Group plc 0.11% of their portfolio | 196.4k $40.3m | Added +1.6k |
| WCM INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 187.1k $38.6m | New |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 183.3k $37.6m | Reduced -44.9k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 181.5k $37.3m | Reduced -6.1k |
| SEGALL BRYANT & HAMILL, LLC 0.63% of their portfolio | 172.6k $35.4m | Reduced -7.5k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 171.9k $35.3m | Added +113.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 170.1k $34.9m | Added +7.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio | 167.9k $34.5m | Reduced -861 |
| PhiloSmith Capital Corp 9.50% of their portfolio | 164.6k $33.8m | Unchanged |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 164.0k $33.7m | Added +35.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 163.9k $33.6m | Reduced -7.5k |
| Legal & General Group Plc 0.01% of their portfolio | 157.8k $32.4m | Reduced -322 |
| J. Safra Sarasin Holding AG 0.57% of their portfolio | 151.4k $31.1m | First filing |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 148.9k $30.6m | Added +19.7k |
| Woodline Partners LP 0.29% of their portfolio | 148.0k $30.4m | Added +15.7k |
| NATIXIS ADVISORS, LLC 0.07% of their portfolio | 147.8k $30.3m | Added +9.1k |
| Retirement Systems of Alabama 0.12% of their portfolio | 147.7k $30.3m | Reduced -1.6k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.28% of their portfolio | 145.2k $29.8m | Reduced -77.8k |
| South Dakota Investment Council 0.60% of their portfolio | 143.1k $29.4m | Reduced -906 |
| Gillson Capital LP 2.59% of their portfolio | 130.8k $26.8m | Added +60.8k |
| Swiss National Bank 0.02% of their portfolio | 129.3k $26.5m | Reduced -800 |
| MARTINGALE ASSET MANAGEMENT L P 0.57% of their portfolio | 127.6k $26.2m | Reduced -8.3k |
| PICTON MAHONEY ASSET MANAGEMENT 1.05% of their portfolio | 120.2k $24.7m | Added +5.3k |
| Hudson Bay Capital Management LP 0.18% of their portfolio | 115.0k $23.6m | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 110.8k $22.7m | Added +21.9k |
| Handelsbanken Fonder AB 0.09% of their portfolio | 100.9k $20.7m | Added +36.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio | 100.7k $20.7m | Added +34.6k |
| Dana Investment Advisors, Inc. 0.70% of their portfolio | 100.6k $20.7m | Reduced -6.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 99.5k $20.4m | Added +44.8k |
| EAGLE ASSET MANAGEMENT INC 0.11% of their portfolio | 97.6k $20.0m | Reduced -1.4k |
| BARCLAYS PLC 0.01% of their portfolio | 97.4k $20.0m | Reduced -33.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 88.3k $18.1m | Reduced -800 |
| GREAT LAKES ADVISORS, LLC 0.16% of their portfolio | 88.0k $18.1m | Added +2.0k |
| Leeward Investments, LLC - MA 0.83% of their portfolio | 87.7k $18.0m | Reduced -4.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 87.3k $17.9m | Added +645 |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 85.6k $17.6m | Reduced -4.2k |
| M&G PLC 0.10% of their portfolio | 85.2k $17.5m | Added +4.0k |
| Trexquant Investment LP 0.26% of their portfolio | 84.6k $17.4m | New |
| CAMBIAR INVESTORS LLC 0.68% of their portfolio | 84.4k $17.3m | Reduced -5.0k |
| Corebridge Financial, Inc. 0.09% of their portfolio | 83.2k $17.1m | First filing |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 82.5k $16.9m | Reduced -6.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 78.0k $16.0m | Added +15.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.34% of their portfolio | 77.3k $15.9m | Reduced -4.1k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 73.1k $15.0m | Added +476 |