Reinsurance Group of America
RGA • NYSE
Reinsurance Group of America is a insurance - reinsurance company in the financial services sector on NYSE, led by Tony Cheng, with a market cap of $13.4B. As of Q3 2025, 95% of shares are held by 569 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.71%.
Chief Executive OfficerTony Cheng
Market Cap$13.4B
Insurance - Reinsurance
Financial Services
Employees3.9K
Websitergare.com
Country
United States of America
Overview
Overview of institutional ownership in RGA as of Q3 2025 with a market cap of $12.7B
All Institutions
- Institutions
- 569
- Value Held
- $12.1B
- Shares Held
- 63.1M
- Avg Position
- $21.3M
- Median Position
- $675.3K
Hedge Funds
- Hedge Funds
- 55
- Value Held
- $986.0M
- Shares Held
- 5.1M
- Avg Position
- $17.9M
- Median Position
- $5.6M
Ownership Breakdown
Based on market cap of $12.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in RGA as of Q3 2025
| Institution | Position Value |
|---|---|
 VANGUARD GROUP INC Institution | $1.4B 0.02% of portfolio |
B BlackRock, Inc. Institution | $1.3B 0.02% of portfolio |
 FMR LLC Institution | $1.1B 0.06% of portfolio |
 HARRIS ASSOCIATES L P Long Only Manager | $642.8M 1.03% of portfolio |
 WCM INVESTMENT MANAGEMENT/CA Long Only Manager | $519.4M 1.08% of portfolio |
A AMERICAN CENTURY COMPANIES INC Institution | $455.2M 0.23% of portfolio |
 EARNEST PARTNERS LLC Long Only Manager | $455.0M 1.97% of portfolio |
 STATE STREET CORP Institution | $450.8M 0.02% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $255.3M 0.02% of portfolio |
 MORGAN STANLEY RIA/Wealth | $238.9M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for RGA in Q3 2025
- Traded
- −$15.5M
- Buyers
- 266
- Sellers
- 315
- Total Bought
- +$969.9M
- Total Sold
- −$985.4M
- Avg Position
- $18.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
HARRIS ASSOCIATES L P Long Only Manager | +$184.9M +962.1K shares |
A AMERICAN CENTURY COMPANIES INC Institution | +$62.3M +324.2K shares |
D D. E. Shaw & Co., Inc. Institution | +$41.9M +217.8K shares |
 BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$35.3M +183.6K shares |
P Prana Capital Management, LP Hedge Fund•Long/Short | +$28.9M +150.7K shares |
B BlackRock, Inc. Institution | +$25.9M +135.0K shares |
 VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy | +$23.8M +123.6K shares |
S Skandinaviska Enskilda Banken AB Institution | +$23.4M +121.5K shares |
 PANAGORA ASSET MANAGEMENT INC Hedge Fund•Quant | +$21.3M +110.7K shares |
GEODE CAPITAL MANAGEMENT LLC ETF Provider | +$21.0M +109.1K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 ALLIANCEBERNSTEIN L.P. Long Only Manager | −$184.8M −961.7K shares |
 BANK OF AMERICA CORP /DE/ Institution | −$56.3M −293.0K shares |
 VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager | −$51.0M −257.2K shares |
 Invesco Ltd. ETF Provider | −$45.4M −236.2K shares |
Q Qube Research & Technologies Ltd Institution | −$38.6M −201.1K shares |
 SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth | −$36.8M −193.6K shares |
 Rockefeller Capital Management L.P. Long Only Manager | −$32.3M −167.9K shares |
 AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$25.6M −134.6K shares |
 UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager | −$25.4M −132.0K shares |
N Nuveen, LLC Institution | −$24.8M −128.8K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited RGA in Q3 2025
- New Positions
- 30
- New Value
- $13.2M
- Exited Positions
- 90
- Exited Value
- $176.7M
New Positions
| Institution | Position Value |
|---|---|
A Algebris Ltd Institution | $10.7M 56.0K shares |
L Legacy Wealth Asset Management, LLC RIA/Wealth | $427.5K 2.2K shares |
 Krilogy Financial LLC RIA/Wealth | $397.1K 2.1K shares |
 Kovitz Investment Group Partners, LLC RIA/Wealth | $299.4K 1.6K shares |
 Numerai GP LLC Hedge Fund•Quant | $246.5K 1.3K shares |
C Cornerstone Wealth Management, LLC RIA/Wealth | $218.8K 1.1K shares |
 Aptus Capital Advisors, LLC ETF Provider | $209.0K 1.1K shares |
 Coyle Financial Counsel, Inc. RIA/Wealth | $203.9K 1.1K shares |
I Inscription Capital, LLC RIA/Wealth | $201.9K 1.1K shares |
 Sontag Advisory, LLC RIA/Wealth | $78.4K 408.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. Long Only Manager | $51.0M 257.2K shares |
T TEXAS PERMANENT SCHOOL FUND Institution | $16.3M 82.2K shares |
 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager | $12.7M 63.9K shares |
$11.3M 56.7K shares | |
 Symphony Financial, Ltd. Co. RIA/Wealth | $7.9M 39.7K shares |
 Connor, Clark & Lunn Investment Management Ltd. Long Only Manager | $7.0M 35.2K shares |
 Marshall Wace LLP Institution | $6.3M 31.9K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $6.1M 30.8K shares |
 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed | $5.7M 28.8K shares |
 Edgestream Partners, L.P. Hedge Fund•Quant Macro | $5.4M 27.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in RGA as of Q3 2025
- Call Positions
- 6
- Call Value
- $21.1M
- Put Positions
- 4
- Put Value
- $10.8M
Call Positions
| Institution | Position Value |
|---|---|
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $12.6M 656.0 contracts |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $4.3M 226.0 contracts |
J JANE STREET GROUP, LLC Institution | $2.1M 109.0 contracts |
W WOLVERINE TRADING, LLC Institution | $2.1M 110.0 contracts |
 Caption Management, LLC Hedge Fund•Long/Short | - - contracts |
P PUFF WEALTH MANAGEMENT, LLC Institution | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $5.9M 307.0 contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $3.7M 193.0 contracts |
W WOLVERINE TRADING, LLC Institution | $626.8K 33.0 contracts |
J JANE STREET GROUP, LLC Institution | $595.6K 31.0 contracts |
Most Committed Institutions
Institutions with RGA as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 Philo Smith Capital Corp Hedge Fund•Sector | 8.89% $31.9M |
 Martin Capital Partners, LLC RIA/Wealth | 2.20% $5.0M |
G Graphene Investments SAS Institution | 2.07% $3.3M |
EARNEST PARTNERS LLC Long Only Manager | 1.97% $455.0M |
P Prana Capital Management, LP Hedge Fund•Long/Short | 1.93% $57.7M |
B | 1.66% $4.8M |
D Douglas Lane & Associates, LLC Institution | 1.51% $105.7M |
A Algebris Ltd Institution | 1.34% $10.7M |
G Gillson Capital LP Hedge Fund•Long/Short | 1.27% $14.7M |
 Callodine Capital Management, LP Hedge Fund•Long/Short | 1.22% $13.8M |
Hedge Fund Spotlight
Discover hedge funds investing in RGA
Schonfeld Strategic Advisors LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerRyan Andrew Tolkin
- Portfolio Value
- $14.3B
- Positions
- 1,879
- Last Reported
- Q3 2025
Sector Allocation
Position in Reinsurance Group of America
- Market Value
- $15.5M
- Shares Held
- 80.6K
- Portfolio Weight
- 0.11%
- Owned Since
- 2021-Q1
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $1.3B | 9.09% | |
ETF ETF | $440.9M | 3.08% | |
Unknown Unknown | $337.6M | 2.36% |
