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 ($59.8m this quarter). Holder counts are more reliable. Shares outstanding: 66.0m as of 2025-01-31, 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 ≈ $213.59. Options: 7 managers hold calls ($13.3m notional), 5 hold puts ($1.9m).
Trends to Q4 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 |
| Q3 2024 | 608 |
| Q4 2024 | 626 |
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 | 219 | 226 |
| Q2 2023 | 229 | 207 |
| Q3 2023 | 205 | 239 |
| Q4 2023 | 237 | 215 |
| Q1 2024 | 242 | 250 |
| Q2 2024 | 308 | 242 |
| Q3 2024 | 301 | 292 |
| Q4 2024 | 301 | 270 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $16.0m | $1.9m | 0.12 |
| Q2 2024 | $12.6m | $2.6m | 0.21 |
| Q3 2024 | $15.4m | $4.3m | 0.28 |
| Q4 2024 | $13.3m | $1.9m | 0.15 |
Biggest buyers
| ALLIANCEBERNSTEIN L.P. | Added | +893.5k |
| FMR LLC | Added | +564.7k |
| Tidal Investments LLC | Added | +281.3k |
| CITADEL ADVISORS LLC | Added | +273.7k |
| Invesco Ltd. | Added | +241.7k |
| FIRST TRUST ADVISORS LP | Added | +153.6k |
| Bain Capital Public Equity Management II, LLC | New | +143.7k |
| Castle Hook Partners LP | New | +118.3k |
| NORTHERN TRUST CORP | Added | +103.7k |
| UBS Group AG | Added | +95.3k |
Biggest sellers
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -430.0k |
| Zurich Insurance Group Ltd/FI | Sold out | -401.7k |
| Rockefeller Capital Management L.P. | Reduced | -360.5k |
| JPMORGAN CHASE & CO | Reduced | -360.2k |
| Balyasny Asset Management L.P. | Sold out | -288.2k |
| FIL Ltd | Reduced | -199.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -153.4k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -141.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -111.1k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -108.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.0m23.4k shares |
| CITADEL ADVISORS LLC | Reduced | $5.0m23.2k shares |
| WOLVERINE TRADING, LLC | Added | $2.3m10.6k shares |
| JANE STREET GROUP, LLC | Reduced | $448.6k2.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $320.0k1.5k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $277.7k1.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $982.7k4.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $576.8k2.7k shares |
| TUDOR INVESTMENT CORP ET AL | New | $363.2k1.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $21.0k100 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 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.
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2024 | 0 | — | 1 | $264.7k | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 7.7m $1.7bn | Added +84.3k |
| VANGUARD GROUP INC 0.03% of their portfolio | 7.2m $1.5bn | Added +51.7k |
| FMR LLC 0.07% of their portfolio | 5.6m $1.2bn | Added +564.7k |
| EARNEST PARTNERS LLC 2.42% of their portfolio | 2.5m $542.0m | Reduced -43.1k |
| WCM INVESTMENT MANAGEMENT, LLC 1.24% of their portfolio | 2.5m $526.9m | Added +33.1k |
| STATE STREET CORP 0.02% of their portfolio | 2.3m $496.6m | Added +93.6k |
| HARRIS ASSOCIATES L P 0.56% of their portfolio | 2.0m $428.5m | Reduced -60.2k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 1.5m $313.8m | Reduced -153.4k |
| MORGAN STANLEY 0.02% of their portfolio | 1.3m $274.1m | Reduced -84.9k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 1.1m $239.9m | Added +893.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.1m $238.0m | Added +4.1k |
| Rockefeller Capital Management L.P. 0.53% of their portfolio | 956.2k $204.3m | Reduced -360.5k |
| Invesco Ltd. 0.04% of their portfolio | 944.6k $201.8m | Added +241.7k |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 900.7k $192.4m | Reduced -108.3k |
| NORGES BANK 0.02% of their portfolio | 814.9k $174.1m | Added +12.4k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 791.4k $169.1m | Added +51.0k |
| SEI INVESTMENTS CO 0.21% of their portfolio | 779.3k $166.5m | Reduced -25.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 698.6k $149.2m | Added +103.7k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 669.6k $143.0m | Reduced -65.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.49% of their portfolio | 652.6k $139.4m | Added +8.2k |
| Douglas Lane & Associates, LLC 1.71% of their portfolio | 566.0k $120.9m | Reduced -6.7k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 526.2k $112.4m | Reduced -19.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 493.6k $105.4m | Added +26.2k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 481.0k $102.8m | Added +153.6k |
| Polar Capital Holdings Plc 0.56% of their portfolio | 471.0k $100.6m | Unchanged |
| FIL Ltd 0.09% of their portfolio | 451.4k $96.4m | Reduced -199.7k |
| FEDERATED HERMES, INC. 0.21% of their portfolio | 449.6k $96.1m | Added +18.4k |
| Junto Capital Management LP 1.87% of their portfolio | 439.3k $93.8m | Reduced -66.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 425.9k $91.0m | Reduced -171 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 387.4k $82.3m | Added +5.3k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 379.4k $81.1m | Reduced -55.9k |
| Ensign Peak Advisors, Inc 0.14% of their portfolio | 377.9k $80.7m | Reduced -3.1k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 370.6k $79.2m | Reduced -141.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 369.7k $79.0m | Reduced -360.2k |
| STIFEL FINANCIAL CORP 0.08% of their portfolio | 368.4k $78.7m | Added +1.8k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 342.0k $73.1m | Added +273.7k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 337.6k $72.1m | Added +46.3k |
| California Public Employees Retirement System 0.04% of their portfolio | 313.1k $66.9m | Reduced -2.6k |
| Corient Private Wealth LP 0.11% of their portfolio | 302.9k $64.7m | Reduced -4.4k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.25% of their portfolio | 290.3k $62.0m | Reduced -163 |
| Tidal Investments LLC 0.50% of their portfolio | 285.4k $61.0m | Added +281.3k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 272.7k $58.3m | Added +39.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 255.9k $54.7m | Added +55.1k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.22% of their portfolio | 242.0k $51.7m | Reduced -4.4k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 228.1k $48.7m | First filing |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 227.8k $48.5m | Added +183 |
| LSV ASSET MANAGEMENT 0.11% of their portfolio | 224.9k $48.0m | Added +4.6k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 218.6k $46.7m | Reduced -111.1k |
| NATIXIS ADVISORS, LLC 0.08% of their portfolio | 202.3k $43.2m | Added +8.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 189.3k $40.4m | Reduced -20.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 187.9k $40.1m | Reduced -2.6k |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 182.8k $39.1m | Reduced -26.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 182.1k $38.9m | Added +29.4k |
| Woodline Partners LP 0.26% of their portfolio | 182.0k $38.9m | Added +36.0k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 180.7k $38.6m | Added +2.2k |
| BARCLAYS PLC 0.02% of their portfolio | 174.0k $37.2m | Added +71.3k |
| UBS Group AG 0.01% of their portfolio | 171.3k $36.6m | Added +95.3k |
| NUANCE INVESTMENTS, LLC 1.43% of their portfolio | 166.4k $35.5m | Reduced -82.7k |
| SEGALL BRYANT & HAMILL, LLC 0.47% of their portfolio | 161.5k $34.5m | Added +1.2k |
| Retirement Systems of Alabama 0.13% of their portfolio | 161.4k $34.5m | Added +83 |
| J. Safra Sarasin Holding AG 0.58% of their portfolio | 160.7k $34.3m | Added +16.0k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 159.2k $34.3m | Added +6.6k |
| Prana Capital Management, LP 1.59% of their portfolio | 156.2k $33.4m | Reduced -28.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 153.3k $32.8m | Reduced -27.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 149.9k $32.0m | Reduced -48.0k |
| Legal & General Group Plc 0.01% of their portfolio | 148.5k $31.7m | Added +571 |
| PhiloSmith Capital Corp 8.83% of their portfolio | 145.8k $31.1m | Reduced -18.8k |
| Bain Capital Public Equity Management II, LLC 1.41% of their portfolio | 143.7k $30.7m | New |
| PICTON MAHONEY ASSET MANAGEMENT 1.13% of their portfolio | 139.9k $29.9m | Added +23.9k |
| South Dakota Investment Council 0.59% of their portfolio | 138.7k $29.6m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 135.2k $28.9m | Reduced -6.1k |
| Swiss National Bank 0.02% of their portfolio | 129.5k $27.7m | Added +1.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 128.6k $27.5m | Added +23.7k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 128.0k $27.3m | Added +46.9k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 125.8k $26.9m | Reduced -61.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 125.2k $26.7m | Reduced -2.6k |
| Man Group plc 0.08% of their portfolio | 124.0k $26.5m | Reduced -16.1k |
| Castle Hook Partners LP 0.54% of their portfolio | 118.3k $25.3m | New |
| MARTINGALE ASSET MANAGEMENT L P 0.59% of their portfolio | 113.7k $24.3m | Reduced -1.3k |
| LPL Financial LLC 0.01% of their portfolio | 108.2k $23.1m | Added +75.9k |
| TUDOR INVESTMENT CORP ET AL 0.24% of their portfolio | 106.4k $22.7m | Added +85.4k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 105.2k $22.5m | Added +8.4k |
| Gillson Capital LP 1.99% of their portfolio | 103.2k $22.1m | Added +93.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 100.0k $21.4m | Reduced -430.0k |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 98.9k $21.1m | Added +74.0k |
| Dana Investment Advisors, Inc. 0.69% of their portfolio | 97.4k $20.8m | Added +610 |
| Handelsbanken Fonder AB 0.08% of their portfolio | 97.3k $20.8m | Added +53.3k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.18% of their portfolio | 91.5k $19.5m | Reduced -4.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 89.8k $19.2m | Added +4.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 88.0k $18.8m | First filing |
| CITIGROUP INC 0.02% of their portfolio | 83.8k $17.9m | Added +4.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 80.8k $17.3m | Reduced -4.6k |
| HANCOCK WHITNEY CORP 0.54% of their portfolio | 80.2k $17.1m | Added +33.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 77.4k $16.5m | Added +39.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 76.6k $16.4m | Added +2.0k |
| GREAT LAKES ADVISORS, LLC 0.14% of their portfolio | 75.9k $16.2m | Reduced -3.5k |
| Corebridge Financial, Inc. 0.09% of their portfolio | 74.5k $15.9m | Reduced -3.4k |
| Squarepoint Ops LLC 0.04% of their portfolio | 71.9k $15.4m | Added +45.1k |
| CAMBIAR INVESTORS LLC 0.60% of their portfolio | 70.9k $15.2m | Reduced -7.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 69.4k $14.8m | Reduced -1.9k |