Reinsurance Group of America
RGA
449 hedge funds and large institutions have $8.44B invested in Reinsurance Group of America in 2023 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 169 increasing their positions, 159 reducing their positions, and 68 closing their positions.
285% more call options, than puts
Call options by funds: $24.3M | Put options by funds: $6.32M
1.8% more ownership
Funds ownership: 93.12% → 94.92% (+1.8%)
6% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 159
5% less capital invested
Capital invested by funds: $8.84B → $8.44B (-$400M)
4% less funds holding
Funds holding: 468 → 449 (-19)
19% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 68
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$106M |
| 2 |
VRS
Virginia Retirement Systems
Richmond,
Virginia
|
+$48.7M |
| 3 |
NI
Nuance Investments
Kansas City,
Missouri
|
+$39.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$35M |
| 5 |
VDI
Vaughan David Investments
Peoria,
Illinois
|
+$31.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$86.4M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$63.4M |
| 3 |
Man Group
London,
United Kingdom
|
-$27.5M |
| 4 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$23.7M |
| 5 |
Goldman Sachs
New York
|
-$23.5M |
RGA Hedge Fund Activity: Q1 2023 in Review
449 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Reinsurance Group of America (RGA) for Q1 2023, worth a combined $8.44B — down 4.5% from $8.84B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of RGA and 55 opened new positions — a net loss of 13 holders — while 159 trimmed existing stakes and 169 added.
The largest buyer was Morgan Stanley, adding an estimated $106M. The largest seller was Bain Capital Public Equity Management II, exiting entirely with an estimated $86.4M sold.
- 449 institutional investors held Reinsurance Group of America (RGA) as of Q1 2023, down from 468 in Q4 2022.
- Funds reported $8.44B of Reinsurance Group of America stock for Q1 2023, down 4.5% quarter-over-quarter.
- 55 funds opened new Reinsurance Group of America positions in Q1 2023 and 68 closed out, a net change of -13 holders.
- The largest Reinsurance Group of America buyer in Q1 2023 was Morgan Stanley, an estimated $106M added.
- The largest Reinsurance Group of America seller in Q1 2023 was Bain Capital Public Equity Management II, an estimated $86.4M sold.
Based on aggregated 13F filings for Q1 2023.