Corebridge Financial
CRBG
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.
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: 127 → 145 (+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: 6 → 3 (-3)
96% less call options, than puts
Call options by funds: $81K | Put options by funds: $2.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$52.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$52.5M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$42.9M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$36.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$50.1M |
| 2 |
Jane Street
New York
|
-$45.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$40.4M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$29M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$24.7M |
CRBG Hedge Fund Activity: Q1 2023 in Review
145 of the 6,283 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.