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 ($80.5m this quarter). Holder counts are more reliable. Shares outstanding: 66.1m as of 2025-04-21, 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 ≈ $196.80. Options: 7 managers hold calls ($15.5m notional), 6 hold puts ($2.7m).
Trends to Q1 2025
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 |
| Q1 2025 | 634 |
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 | 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 |
| Q1 2025 | 293 | 291 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $12.6m | $2.6m | 0.21 |
| Q3 2024 | $15.4m | $4.3m | 0.28 |
| Q4 2024 | $13.3m | $1.9m | 0.15 |
| Q1 2025 | $15.5m | $2.7m | 0.17 |
Biggest buyers
| AMERICAN CENTURY COMPANIES INC | Added | +611.2k |
| CITADEL ADVISORS LLC | Added | +383.7k |
| FMR LLC | Added | +294.4k |
| Bahl & Gaynor LLC | New | +281.2k |
| AQR CAPITAL MANAGEMENT LLC | Added | +246.4k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +234.8k |
| Assenagon Asset Management S.A. | Added | +193.7k |
| Squarepoint Ops LLC | Added | +188.6k |
| Freestone Grove Partners LP | Added | +143.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +137.6k |
Biggest sellers
| BlackRock, Inc. | Reduced | -1.2m |
| Junto Capital Management LP | Sold out | -439.3k |
| Invesco Ltd. | Reduced | -329.8k |
| Bain Capital Public Equity Management II, LLC | Sold out | -143.7k |
| FIRST TRUST ADVISORS LP | Reduced | -133.4k |
| Gillson Capital LP | Sold out | -103.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Sold out | -100.0k |
| BARCLAYS PLC | Reduced | -93.4k |
| NUANCE INVESTMENTS, LLC | Reduced | -82.9k |
| Handelsbanken Fonder AB | Reduced | -81.0k |
Biggest calls
| Caption Management, LLC | New | $5.9m30.0k shares |
| PUFF WEALTH MANAGEMENT, LLC | New | $5.4m27.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.1m10.6k shares |
| CITADEL ADVISORS LLC | Reduced | $1.7m8.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $274.2k1.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $118.0k600 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.3m6.7k shares |
| CITADEL ADVISORS LLC | Reduced | $886.0k4.5k shares |
| WOLVERINE TRADING, LLC | New | $254.6k1.3k shares |
| SIMPLEX TRADING, LLC | Added | $236.0k1.2k shares |
| Quaker Wealth Management, LLC | First filing | $3942 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 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.
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 7.1m $1.4bn | Reduced -64.2k |
| BlackRock, Inc. 0.03% of their portfolio | 6.6m $1.3bn | Reduced -1.2m |
| FMR LLC 0.07% of their portfolio | 5.9m $1.2bn | Added +294.4k |
| WCM INVESTMENT MANAGEMENT, LLC 1.27% of their portfolio | 2.5m $492.4m | Added +33.3k |
| EARNEST PARTNERS LLC 2.37% of their portfolio | 2.5m $494.9m | Reduced -23.7k |
| STATE STREET CORP 0.02% of their portfolio | 2.3m $461.9m | Added +21.3k |
| HARRIS ASSOCIATES L P 0.71% of their portfolio | 2.1m $421.5m | Added +134.7k |
| AMERICAN CENTURY COMPANIES INC 0.18% of their portfolio | 1.5m $297.7m | Added +611.2k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 1.5m $296.9m | Added +39.0k |
| MORGAN STANLEY 0.02% of their portfolio | 1.2m $243.5m | Reduced -46.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.2m $229.7m | Added +52.5k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 1.2m $228.2m | Added +35.8k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 929.0k $182.9m | Added +137.6k |
| Rockefeller Capital Management L.P. 0.43% of their portfolio | 880.7k $173.4m | Reduced -75.5k |
| SEI INVESTMENTS CO 0.21% of their portfolio | 820.5k $161.6m | Added +41.2k |
| NORGES BANK 0.02% of their portfolio | 820.2k $161.5m | Added +5.3k |
| CITADEL ADVISORS LLC 0.14% of their portfolio | 725.7k $142.9m | Added +383.7k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 716.8k $141.1m | Added +18.2k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 636.3k $125.3m | Reduced -33.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.50% of their portfolio | 633.9k $124.8m | Reduced -18.7k |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 616.9k $119.7m | Added +246.4k |
| Invesco Ltd. 0.02% of their portfolio | 614.9k $121.1m | Reduced -329.8k |
| Douglas Lane & Associates, LLC 1.68% of their portfolio | 578.6k $113.9m | Added +12.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.10% of their portfolio | 519.8k $101.8m | Added +132.4k |
| FIL Ltd 0.09% of their portfolio | 489.5k $96.4m | Added +38.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 485.5k $95.6m | Reduced -8.1k |
| Polar Capital Holdings Plc 0.58% of their portfolio | 482.5k $95.0m | Added +11.5k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 475.0k $93.5m | Reduced -51.1k |
| FEDERATED HERMES, INC. 0.19% of their portfolio | 442.2k $87.1m | Reduced -7.4k |
| Ensign Peak Advisors, Inc 0.16% of their portfolio | 437.1k $86.1m | Added +59.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 424.9k $83.7m | Reduced -1.0k |
| STIFEL FINANCIAL CORP 0.08% of their portfolio | 371.5k $73.2m | Added +3.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 359.3k $70.8m | Reduced -10.4k |
| Qube Research & Technologies Ltd 0.11% of their portfolio | 357.7k $70.4m | Added +20.2k |
| Nuveen, LLC 0.02% of their portfolio | 350.9k $69.1m | First filing |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 347.6k $68.4m | Reduced -133.4k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.64% of their portfolio | 326.3k $64.2m | Added +234.8k |
| California Public Employees Retirement System 0.04% of their portfolio | 303.4k $59.7m | Reduced -9.6k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 300.1k $59.1m | Added +81.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 291.1k $57.3m | Added +35.2k |
| Corient Private Wealth LP 0.09% of their portfolio | 289.1k $56.9m | Reduced -13.8k |
| Bahl & Gaynor LLC 0.28% of their portfolio | 281.2k $55.4m | New |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 277.3k $54.6m | Added +4.6k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.22% of their portfolio | 263.5k $51.9m | Reduced -26.8k |
| Squarepoint Ops LLC 0.13% of their portfolio | 260.5k $51.3m | Added +188.6k |
| Prana Capital Management, LP 2.07% of their portfolio | 258.3k $50.9m | Added +102.0k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.13% of their portfolio | 244.3k $48.1m | Added +2.3k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 242.5k $47.8m | Added +14.8k |
| Assenagon Asset Management S.A. 0.08% of their portfolio | 235.2k $46.3m | Added +193.7k |
| NATIXIS ADVISORS, LLC 0.08% of their portfolio | 221.8k $43.7m | Added +19.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 221.2k $43.6m | Added +67.9k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 217.8k $42.9m | Reduced -10.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 213.7k $42.1m | Added +24.4k |
| Tidal Investments LLC 0.35% of their portfolio | 210.6k $41.5m | Reduced -74.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 210.4k $41.4m | Added +22.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 202.7k $39.9m | Added +20.6k |
| LSV ASSET MANAGEMENT 0.10% of their portfolio | 201.3k $39.6m | Reduced -23.6k |
| Freestone Grove Partners LP 0.41% of their portfolio | 201.0k $39.6m | Added +143.1k |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 192.8k $38.0m | Added +9.9k |
| Retirement Systems of Alabama 0.14% of their portfolio | 183.0k $36.0m | Added +21.6k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 178.2k $35.1m | Reduced -2.5k |
| Allspring Global Investments Holdings, LLC 0.06% of their portfolio | 171.4k $34.0m | Added +12.2k |
| Woodline Partners LP 0.22% of their portfolio | 168.5k $33.2m | Reduced -13.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 157.6k $31.0m | Added +81.0k |
| J. Safra Sarasin Holding AG 0.55% of their portfolio | 154.0k $30.3m | Reduced -6.7k |
| Legal & General Group Plc 0.01% of their portfolio | 149.9k $29.5m | Added +1.5k |
| SEGALL BRYANT & HAMILL, LLC 0.45% of their portfolio | 148.9k $29.3m | Reduced -12.6k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 146.2k $28.8m | Added +115.2k |
| PhiloSmith Capital Corp 7.90% of their portfolio | 145.8k $28.7m | Unchanged |
| South Dakota Investment Council 0.56% of their portfolio | 139.0k $27.4m | Added +342 |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 138.9k $27.4m | Reduced -11.0k |
| PICTON MAHONEY ASSET MANAGEMENT 0.94% of their portfolio | 138.7k $27.3m | Reduced -1.3k |
| ProShare Advisors LLC 0.06% of their portfolio | 138.6k $27.3m | Added +134.3k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 137.2k $27.0m | Added +32.0k |
| Castle Hook Partners LP 0.67% of their portfolio | 129.9k $25.6m | Added +11.6k |
| Swiss National Bank 0.02% of their portfolio | 127.6k $25.1m | Reduced -1.9k |
| TUDOR INVESTMENT CORP ET AL 0.20% of their portfolio | 115.8k $22.8m | Added +9.4k |
| Dana Investment Advisors, Inc. 0.80% of their portfolio | 113.1k $22.3m | Added +15.7k |
| TWINBEECH CAPITAL LP 0.40% of their portfolio | 112.2k $22.1m | New |
| Man Group plc 0.07% of their portfolio | 111.3k $21.9m | Reduced -12.7k |
| UBS Group AG 0.00% of their portfolio | 109.8k $21.6m | Reduced -61.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 107.2k $21.1m | Reduced -21.4k |
| MARTINGALE ASSET MANAGEMENT L P 0.53% of their portfolio | 106.4k $20.9m | Reduced -7.4k |
| LPL Financial LLC 0.01% of their portfolio | 103.5k $20.4m | Reduced -4.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 102.7k $20.2m | Reduced -32.5k |
| Cubist Systematic Strategies, LLC 0.26% of their portfolio | 99.4k $19.6m | Added +96.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 93.6k $18.4m | Reduced -31.6k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.44% of their portfolio | 92.9k $18.3m | Added +26.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 90.0k $17.6m | Added +114 |
| Bridgewater Associates, LP 0.08% of their portfolio | 87.3k $17.2m | Added +69.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 83.8k $16.5m | Reduced -4.2k |
| NUANCE INVESTMENTS, LLC 1.08% of their portfolio | 83.4k $16.4m | Reduced -82.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 83.0k $16.4m | Added +17.2k |
| HANCOCK WHITNEY CORP 0.53% of their portfolio | 82.6k $16.3m | Added +2.4k |
| BARCLAYS PLC 0.01% of their portfolio | 80.6k $15.9m | Reduced -93.4k |
| Leeward Investments, LLC - MA 0.83% of their portfolio | 79.1k $15.6m | Added +11.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 77.5k $15.3m | Reduced -3.3k |
| B. Metzler seel. Sohn & Co. AG 0.15% of their portfolio | 75.5k $14.9m | Added +12.3k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 73.5k $14.5m | Added +68.5k |
| GREAT LAKES ADVISORS, LLC 0.13% of their portfolio | 73.4k $14.4m | Reduced -2.6k |