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 ($87.6m this quarter). Holder counts are more reliable. Shares outstanding: 66.1m as of 2025-07-21, 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 ≈ $198.30. Options: 7 managers hold calls ($18.6m notional), 5 hold puts ($8.4m).
Trends to Q2 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 |
| Q2 2025 | 621 |
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 | 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 |
| Q2 2025 | 276 | 311 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $15.4m | $4.3m | 0.28 |
| Q4 2024 | $13.3m | $1.9m | 0.15 |
| Q1 2025 | $15.5m | $2.7m | 0.17 |
| Q2 2025 | $18.6m | $8.4m | 0.45 |
Biggest buyers
| AMERICAN CENTURY COMPANIES INC | Added | +532.9k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +480.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | New | +350.0k |
| HARRIS ASSOCIATES L P | Added | +243.0k |
| Bahl & Gaynor LLC | Added | +228.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +182.7k |
| WCM INVESTMENT MANAGEMENT, LLC | Added | +125.9k |
| SG Americas Securities, LLC | Added | +122.7k |
| DIMENSIONAL FUND ADVISORS LP | Added | +120.2k |
| Skandinaviska Enskilda Banken AB (publ) | Added | +108.5k |
Biggest sellers
| Squarepoint Ops LLC | Reduced | -253.2k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO | Reduced | -177.0k |
| Woodline Partners LP | Reduced | -145.5k |
| BlackRock, Inc. | Reduced | -145.4k |
| Castle Hook Partners LP | Sold out | -129.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -116.8k |
| EARNEST PARTNERS LLC | Reduced | -112.2k |
| Prana Capital Management, LP | Reduced | -108.7k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -107.3k |
| FEDERATED HERMES, INC. | Reduced | -93.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.3m31.8k shares |
| Caption Management, LLC | Unchanged | $6.0m30.0k shares |
| PUFF WEALTH MANAGEMENT, LLC | Unchanged | $5.4m27.3k shares |
| CITADEL ADVISORS LLC | Reduced | $793.4k4.0k shares |
| GROUP ONE TRADING LLC | New | $119.0k600 shares |
| SIMPLEX TRADING, LLC | Reduced | $39.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.6m38.3k shares |
| CITADEL ADVISORS LLC | Reduced | $535.6k2.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $178.0k900 shares |
| GROUP ONE TRADING LLC | New | $39.7k200 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 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 | — | 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 7.1m $1.4bn | Reduced -11.0k |
| BlackRock, Inc. 0.02% of their portfolio | 6.4m $1.3bn | Reduced -145.4k |
| FMR LLC 0.07% of their portfolio | 5.9m $1.2bn | Added +5.9k |
| WCM INVESTMENT MANAGEMENT, LLC 1.19% of their portfolio | 2.6m $521.3m | Added +125.9k |
| EARNEST PARTNERS LLC 2.15% of their portfolio | 2.4m $476.3m | Reduced -112.2k |
| HARRIS ASSOCIATES L P 0.77% of their portfolio | 2.4m $472.8m | Added +243.0k |
| STATE STREET CORP 0.02% of their portfolio | 2.3m $452.7m | Reduced -63.7k |
| AMERICAN CENTURY COMPANIES INC 0.22% of their portfolio | 2.0m $405.6m | Added +532.9k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.5m $295.4m | Reduced -18.7k |
| MORGAN STANLEY 0.02% of their portfolio | 1.2m $246.4m | Added +5.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.2m $242.0m | Added +53.2k |
| ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio | 1.1m $225.4m | Reduced -22.6k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.0m $208.1m | Added +120.2k |
| Rockefeller Capital Management L.P. 0.20% of their portfolio | 875.1k $173.6m | Reduced -5.6k |
| NORGES BANK 0.02% of their portfolio | 846.7k $168.0m | Added +26.5k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 799.7k $158.4m | Added +182.7k |
| SEI INVESTMENTS CO 0.18% of their portfolio | 789.0k $156.5m | Reduced -31.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 695.0k $137.9m | Reduced -21.8k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 661.9k $131.3m | Reduced -63.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 600.2k $119.1m | Reduced -36.1k |
| Invesco Ltd. 0.02% of their portfolio | 572.7k $113.6m | Reduced -42.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.10% of their portfolio | 570.4k $112.8m | Added +480.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.42% of their portfolio | 542.7k $107.7m | Reduced -91.2k |
| Douglas Lane & Associates, LLC 1.56% of their portfolio | 541.4k $107.4m | Reduced -37.2k |
| Polar Capital Holdings Plc 0.56% of their portfolio | 537.5k $106.6m | Added +55.0k |
| Ensign Peak Advisors, Inc 0.18% of their portfolio | 528.4k $104.8m | Added +91.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio | 525.0k $104.1m | Added +5.2k |
| Bahl & Gaynor LLC 0.51% of their portfolio | 509.8k $101.1m | Added +228.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 468.9k $93.0m | Reduced -16.5k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 463.0k $91.8m | Reduced -12.1k |
| Qube Research & Technologies Ltd 0.13% of their portfolio | 456.7k $90.6m | Added +99.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 433.6k $86.0m | Added +8.7k |
| FIL Ltd 0.07% of their portfolio | 401.3k $79.6m | Reduced -88.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 379.8k $75.3m | Added +88.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 366.9k $72.8m | Added +7.5k |
| STIFEL FINANCIAL CORP 0.07% of their portfolio | 364.2k $72.2m | Reduced -7.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.12% of their portfolio | 350.0k $69.4m | New |
| FEDERATED HERMES, INC. 0.13% of their portfolio | 349.1k $69.2m | Reduced -93.1k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 341.0k $67.6m | Reduced -6.6k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 308.2k $61.1m | Added +8.1k |
| Nuveen, LLC 0.02% of their portfolio | 305.1k $60.5m | Reduced -45.8k |
| Corient Private Wealth LP 0.07% of their portfolio | 277.6k $55.1m | Reduced -11.5k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 272.5k $54.0m | Reduced -4.9k |
| Freestone Grove Partners LP 0.40% of their portfolio | 268.4k $53.2m | Added +67.5k |
| California Public Employees Retirement System 0.03% of their portfolio | 268.0k $53.2m | Reduced -35.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.48% of their portfolio | 257.2k $51.0m | Reduced -69.0k |
| NATIXIS ADVISORS, LLC 0.08% of their portfolio | 248.4k $49.3m | Added +26.7k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.10% of their portfolio | 247.9k $49.2m | Added +3.6k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 228.3k $45.3m | Reduced -14.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 218.8k $43.4m | Added +5.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.06% of their portfolio | 210.7k $41.8m | Added +287 |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 198.0k $39.3m | Reduced -4.6k |
| Retirement Systems of Alabama 0.13% of their portfolio | 183.6k $36.4m | Added +599 |
| LOOMIS SAYLES & CO L P 0.05% of their portfolio | 181.5k $36.0m | Reduced -11.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 180.7k $35.8m | Reduced -37.1k |
| Allspring Global Investments Holdings, LLC 0.06% of their portfolio | 179.3k $35.7m | Added +7.9k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 178.1k $35.3m | Reduced -174 |
| PICTON MAHONEY ASSET MANAGEMENT 0.50% of their portfolio | 177.8k $35.3m | Added +39.2k |
| SEGALL BRYANT & HAMILL, LLC 0.49% of their portfolio | 177.6k $35.2m | Added +28.7k |
| ProShare Advisors LLC 0.07% of their portfolio | 176.6k $35.0m | Added +38.0k |
| LSV ASSET MANAGEMENT 0.08% of their portfolio | 175.0k $34.7m | Reduced -26.3k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 172.9k $34.3m | Added +102.1k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 168.8k $33.5m | Added +22.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 160.8k $31.9m | Added +21.9k |
| PhiloSmith Capital Corp 8.60% of their portfolio | 155.8k $30.9m | Added +10.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 153.2k $30.4m | Reduced -68.0k |
| Tidal Investments LLC 0.20% of their portfolio | 152.2k $30.2m | Reduced -58.4k |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 151.5k $30.1m | Reduced -83.7k |
| Prana Capital Management, LP 1.07% of their portfolio | 149.5k $29.7m | Reduced -108.7k |
| Skandinaviska Enskilda Banken AB (publ) 0.12% of their portfolio | 144.6k $28.7m | Added +108.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 140.8k $27.9m | Added +57.8k |
| Legal & General Group Plc 0.01% of their portfolio | 140.4k $27.9m | Reduced -9.5k |
| South Dakota Investment Council 0.51% of their portfolio | 134.8k $26.7m | Reduced -4.2k |
| Swiss National Bank 0.01% of their portfolio | 126.2k $25.0m | Reduced -1.4k |
| SG Americas Securities, LLC 0.11% of their portfolio | 124.8k $24.8m | Added +122.7k |
| Treasurer of the State of North Carolina 0.08% of their portfolio | 119.8k $23.8m | Added +58.4k |
| J. Safra Sarasin Holding AG 0.40% of their portfolio | 117.7k $23.3m | Reduced -36.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.56% of their portfolio | 115.7k $23.0m | Added +9.4k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 110.4k $21.9m | Reduced -26.8k |
| Dana Investment Advisors, Inc. 0.72% of their portfolio | 110.0k $21.8m | Reduced -3.1k |
| Bridgewater Associates, LP 0.08% of their portfolio | 102.1k $20.3m | Added +14.9k |
| LPL Financial LLC 0.01% of their portfolio | 99.8k $19.8m | Reduced -3.8k |
| Cubist Systematic Strategies, LLC 0.21% of their portfolio | 98.8k $19.6m | Reduced -621 |
| Gillson Capital LP 1.44% of their portfolio | 94.9k $18.8m | New |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 94.8k $18.8m | Added +21.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.42% of their portfolio | 89.7k $17.8m | Reduced -3.3k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.07% of their portfolio | 86.5k $17.2m | Reduced -177.0k |
| HANCOCK WHITNEY CORP 0.32% of their portfolio | 85.6k $17.0m | Added +3.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 83.3k $16.5m | Reduced -494 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 77.5k $15.4m | Unchanged |
| Leeward Investments, LLC - MA 0.82% of their portfolio | 77.5k $15.4m | Reduced -1.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 73.0k $14.5m | Added +29.4k |
| Man Group plc 0.03% of their portfolio | 72.2k $14.3m | Reduced -39.0k |
| Schonfeld Strategic Advisors LLC 0.10% of their portfolio | 69.6k $13.8m | Added +37.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 68.8k $13.6m | Reduced -24.8k |
| CIBC Asset Management Inc 0.04% of their portfolio | 68.0k $13.5m | Added +16 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 67.2k $13.3m | Reduced -1.9k |
| BURNEY CO/ 0.43% of their portfolio | 64.7k $12.8m | Reduced -845 |
| B. Metzler seel. Sohn & Co. AG 0.12% of their portfolio | 64.0k $12.7m | Reduced -11.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 63.9k $12.7m | Reduced -38.7k |