Corebridge Financial, Inc.
Corebridge Financial, Inc. is a leading provider of retirement solutions and insurance products in the United States. Headquartered in Houston, TX and incorporated in Delaware, Corebridge operates through four main segments: Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. Originally founded as SAFG Retirement Services, Inc., the company traces its roots to 1957, and was rebranded as Corebridge Financial in recent years. As of its latest filings, Corebridge employs approximately 5,200 people and is recognized for its comprehensive suite of annuity, insurance, and asset management offerings, serving a diverse U.S. customer base.
Investment Strategy
Corebridge Financial adopts a diversified approach focused on delivering retirement and insurance solutions through innovative products and risk-mitigating features. The firm offers a broad range of annuities (fixed, indexed, variable), life insurance products (term, whole, universal, and index universal), and institutional solutions including stable value wraps and pension risk transfers. Corebridge emphasizes risk reduction via reinsurance strategies (such as the recent full exit of its Individual Retirement variable annuity book through a $51 billion transaction), strong capital management, and a balance of organic growth with shareholder value creation through share repurchases.
Top Holdings
Equity Positions (3)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SRLN | SSGA ACTIVE ETF TR | 88.85% | $398.64B | 9,585,037 | $41.13 | $41.59 | +$398.25B |
J JAAA | JANUS DETROIT STR TR | 11.15% | $50.04B | 986,000 | $50.75 | $50.75 | +$50.04B |
N NRG | NRG ENERGY INC | 0.00% | $5.5M | 34 | $77.85 | $160.58 | +$655.7K |