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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
QC
76
Quadrature Capital
United Kingdom
$1.02M -$372K -18,987 -23%
TI
77
Trexquant Investment
Connecticut
$890K +$1.09M +55,574 New
Federated Hermes
78
Federated Hermes
Pennsylvania
$872K +$413K +21,082 +63%
PNC Financial Services Group
79
PNC Financial Services Group
Pennsylvania
$864K +$1.06M +53,869 +84,170%
RFC
80
Regions Financial Corp
Alabama
$803K +$635K +32,412 +183%
CIC
81
Cornercap Investment Counsel
Georgia
$785K +$32.7K +1,671 +4%
Wellington Management Group
82
Wellington Management Group
Massachusetts
$767K +$276K +14,103 +42%
Legal & General Group
83
Legal & General Group
United Kingdom
$725K -$5.39M -275,233 -86%
JFG
84
Jefferies Financial Group
New York
$666K +$814K +41,546 New
MF
85
Magnetar Financial
Illinois
$648K +$793K +40,474 New
Ohio Public Employees Retirement System (OPERS)
86
Ohio Public Employees Retirement System (OPERS)
Ohio
$648K -$12.4K -632 -2%
TWD
87
True Wealth Design
Ohio
$644K +$101K +5,160 +15%
AllianceBernstein
88
AllianceBernstein
Tennessee
$575K +$326K +16,643 +87%
Treasurer of the State of North Carolina
89
Treasurer of the State of North Carolina
North Carolina
$562K +$4.9K +250 +0.7%
SIM
90
Sandia Investment Management
Massachusetts
$546K -$453K -23,100 -40%
Mariner
91
Mariner
Kansas
$514K +$392K +19,982 +165%
Verition Fund Management
92
Verition Fund Management
Connecticut
$507K +$99.1K +5,059 +19%
OFA
93
Oak Family Advisors
Illinois
$485K +$593K +30,250 New
Royal Bank of Canada
94
Royal Bank of Canada
Ontario, Canada
$483K +$562K +28,689 +1,933%
California State Teachers Retirement System (CalSTRS)
95
California State Teachers Retirement System (CalSTRS)
California
$480K -$43.3K -2,212 -7%
AIM
96
Aigen Investment Management
New York
$446K +$546K +27,862 New
RIG
97
Ramiah Investment Group
Wisconsin
$435K +$533K +27,179 New
RC
98
Renaissance Capital
Connecticut
$425K -$54.9K -2,804 -10%
CS
99
Comerica Securities
Michigan
$420K +$312K +15,917 +155%
SEI Investments
100
SEI Investments
Pennsylvania
$391K +$479K +24,444 New

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.