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Corebridge Financial

145 hedge funds and large institutions have $2.47B invested in Corebridge Financial in 2023 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 62 increasing their positions, 28 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 28

66% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 29

14% more funds holding

Funds holding: 127145 (+18)

0.27% more ownership

Funds ownership: 23.55%23.82% (+0.27%)

19% less capital invested

Capital invested by funds: $3.05B → $2.47B (-$574M)

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

96% less call options, than puts

Call options by funds: $81K | Put options by funds: $2.16M

Holders
145
Holders Change
+18
Holders Change %
+14.17%
% of All Funds
2.31%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
48
Increased
62
Reduced
28
Closed
29
Calls
$81K
Puts
$2.16M
Net Calls
-$2.08M
Net Calls Change
-$1.63M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
26
Susquehanna International Group
Pennsylvania
$9.56M +$11.7M +596,902 New
Manulife (Manufacturers Life Insurance)
27
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.55M -$619K -31,583 -5%
TC
28
TwinBeech Capital
New York
$7.33M +$8.97M +457,720 New
Mackenzie Financial
29
Mackenzie Financial
Ontario, Canada
$6.6M +$8.08M +412,175 New
EGM
30
Engineers Gate Manager
New York
$5.86M +$3.82M +195,054 +114%
Morgan Stanley
31
Morgan Stanley
New York
$5.7M +$5.09M +259,750 +270%
Goldman Sachs
32
Goldman Sachs
New York
$5.68M -$21.4M -1,093,168 -76%
Charles Schwab
33
Charles Schwab
California
$5.61M +$2.61M +133,384 +62%
Arrowstreet Capital
34
Arrowstreet Capital
Massachusetts
$5.59M +$6.58M +335,663 +2,477%
BC
35
Brookfield Corp
Ontario, Canada
$5.57M -$4.62M -235,885 -40%
Northern Trust
36
Northern Trust
Illinois
$4.78M +$829K +42,328 +17%
Walleye Capital
37
Walleye Capital
New York
$4.75M -$4.21M -214,834 -42%
Qube Research & Technologies (QRT)
38
Qube Research & Technologies (QRT)
United Kingdom
$4.72M +$4.33M +220,768 +299%
Envestnet Asset Management
39
Envestnet Asset Management
Illinois
$4.67M +$3.52M +179,544 +161%
UBS Group
40
UBS Group
Switzerland
$4.5M +$5.5M +280,456 +50,992%
MGIM
41
M&G Investment Management
United Kingdom
$4.41M +$5.4M +275,437 New
First Trust Advisors
42
First Trust Advisors
Illinois
$4.28M -$1.27M -64,967 -20%
Squarepoint
43
Squarepoint
New York
$4M
HF
44
HRT Financial
New York
$4M +$3.09M +157,574 +171%
PI
45
Putnam Investments
Massachusetts
$3.44M +$4.21M +214,957 New
Bank of New York Mellon
46
Bank of New York Mellon
New York
$3.38M +$616K +31,434 +17%
MS
47
Maven Securities
Jersey
$3.2M +$980K +50,000 +33%
E
48
Ergoteles
New York
$3.2M +$3.92M +199,900 New
Russell Investments Group
49
Russell Investments Group
United Kingdom
$3.12M +$3.85M +196,242 New
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$2.68M +$2.39M +122,200 +272%

CRBG Hedge Fund Activity: Q1 2023 in Review

145 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Corebridge Financial (CRBG) for Q1 2023, worth a combined $2.47B — down 19% from $3.05B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new CRBG positions and 29 closed out — a net gain of 19 holders — while 62 added to existing stakes and 28 trimmed.

The largest buyer was Harris Associates, opening a new position worth an estimated $52.8M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $50.1M sold.

  • 145 institutional investors held Corebridge Financial (CRBG) as of Q1 2023, up from 127 in Q4 2022.
  • Funds reported $2.47B of Corebridge Financial stock for Q1 2023, down 19% quarter-over-quarter.
  • 48 funds opened new Corebridge Financial positions in Q1 2023 and 29 closed out, a net change of +19 holders.
  • The largest Corebridge Financial buyer in Q1 2023 was Harris Associates, an estimated $52.8M added.
  • The largest Corebridge Financial seller in Q1 2023 was Adage Capital Partners, an estimated $50.1M sold.

Based on aggregated 13F filings for Q1 2023.