Reinsurance Group of America
RGA
632 hedge funds and large institutions have $12.7B invested in Reinsurance Group of America in 2025 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 222 increasing their positions, 230 reducing their positions, and 62 closing their positions.
474% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $2.7M
29% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 62
1% more funds holding
Funds holding: 625 → 632 (+7)
0.79% more ownership
Funds ownership: 96.84% → 97.63% (+0.79%)
3% less repeat investments, than reductions
Existing positions increased: 222 | Existing positions reduced: 230
7% less capital invested
Capital invested by funds: $13.6B → $12.7B (-$938M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$127M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$79.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$61M |
| 4 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$58.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$51.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$240M |
| 2 |
JCM
Junto Capital Management
New York
|
-$93.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$68.3M |
| 4 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$30.7M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.7M |
RGA Hedge Fund Activity: Q1 2025 in Review
632 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Reinsurance Group of America (RGA) for Q1 2025, worth a combined $12.7B — down 6.9% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new RGA positions and 62 closed out — a net gain of 18 holders — while 222 added to existing stakes and 230 trimmed.
The largest buyer was American Century Companies, adding an estimated $127M. The largest seller was BlackRock, cutting an estimated $240M.
- 632 institutional investors held Reinsurance Group of America (RGA) as of Q1 2025, up from 625 in Q4 2024.
- Funds reported $12.7B of Reinsurance Group of America stock for Q1 2025, down 6.9% quarter-over-quarter.
- 80 funds opened new Reinsurance Group of America positions in Q1 2025 and 62 closed out, a net change of +18 holders.
- The largest Reinsurance Group of America buyer in Q1 2025 was American Century Companies, an estimated $127M added.
- The largest Reinsurance Group of America seller in Q1 2025 was BlackRock, an estimated $240M sold.
Based on aggregated 13F filings for Q1 2025.