Reinsurance Group of America
RGA
605 hedge funds and large institutions have $13B invested in Reinsurance Group of America in 2025 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 187 increasing their positions, 222 reducing their positions, and 66 closing their positions.
176% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $3.74M
58% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 66
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more capital invested
Capital invested by funds: $12.1B → $13B (+$838M)
4% more funds holding
Funds holding: 579 → 605 (+26)
1.36% more ownership
Funds ownership: 95.57% → 96.93% (+1.4%)
16% less repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 222
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$191M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$177M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$92.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$39M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$69.7M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$48M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$43.1M |
| 4 |
Jane Street
New York
|
-$32.5M |
| 5 |
PCM
Prana Capital Management
Greenwich,
Connecticut
|
-$31.6M |
RGA Hedge Fund Activity: Q4 2025 in Review
605 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Reinsurance Group of America (RGA) for Q4 2025, worth a combined $13B — up 6.9% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new RGA positions and 66 closed out — a net gain of 38 holders — while 187 added to existing stakes and 222 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $191M. The largest seller was American Century Companies, cutting an estimated $69.7M.
- 605 institutional investors held Reinsurance Group of America (RGA) as of Q4 2025, up from 579 in Q3 2025.
- Funds reported $13B of Reinsurance Group of America stock for Q4 2025, up 6.9% quarter-over-quarter.
- 104 funds opened new Reinsurance Group of America positions in Q4 2025 and 66 closed out, a net change of +38 holders.
- The largest Reinsurance Group of America buyer in Q4 2025 was AQR Capital Management, an estimated $191M added.
- The largest Reinsurance Group of America seller in Q4 2025 was American Century Companies, an estimated $69.7M sold.
Based on aggregated 13F filings for Q4 2025.