Voloridge Investment Management 13F: Cuts CRBG Stake by $14M

Voloridge Investment Management recently cut its stake in Corebridge Financial, Inc. (NYSE: CRBG) by 459,338 shares, reducing its position by about 17% to 2,256,114 shares. This adjustment, disclosed in a Form 13F filing with the SEC, reflects holdings as of the reporting period and shows a current valuation of approximately $66.5 million.

What Changed in Voloridge's Corebridge Financial Position

Voloridge reduced its Corebridge Financial holdings from 2,715,452 shares to 2,256,114 shares, trimming its position by 459,338 shares, or about 17%. The shares are now valued at around $66.5 million. This move indicates a strategic shift in their investment approach.

Other Institutional Activity in Corebridge Financial

Several other institutions have been active in Corebridge Financial. Nippon Life Insurance Co maintained its position with 121,956,256 shares worth about $2.91 billion. Blackstone Inc. also held steady with 61,962,123 shares valued at roughly $1.48 billion. Pzena Investment Management LLC increased its stake by 3,413,384 shares to hold 27,045,794 shares valued at $645.3 million. Meanwhile, American International Group, Inc. reduced its holdings by 24,654,833 shares, ending with 25,457,020 shares worth $607.4 million. Harris Associates L.P. added 594,243 shares, bringing its total to 24,964,260 shares valued at approximately $595.6 million.

Corebridge Financial, Inc. Stock Down 14.4%

Shares of NYSE: CRBG recently traded near $29.46. Corebridge Financial has a market cap of about $13.5 billion, a P/E ratio of 73.65, and a forward P/E of 5.05. The stock's beta is 1.069, indicating moderate volatility. It has a 52-week low of $22.19 and a high of $36.57, with a 50-day moving average of $26.81 and a 200-day moving average of $29.14. The company's current ratio is 1.175, with a quick ratio of 0.191 and a debt-to-equity ratio of 148.375.

Recent Earnings

Corebridge Financial reported revenues of $18.69 billion, with a growth rate of 2.1%. The company's net margin is 1.31%, and it achieved a return on equity of 1.69%. The next earnings release is scheduled for August 3, 2026.

Dividend

Corebridge Financial offers an annual dividend rate of $0.98 per share, yielding 3.33%. Its dividend payout ratio stands at 2.425.

Insider Buying and Selling at Corebridge Financial, Inc.

There was notable insider activity at Corebridge Financial. Interim CFO and CAO Christopher Filiaggi bought 30,549 shares on April 13, 2026. Meanwhile, several executives, including President of Retirement Services Terri Fiedler and Chief Risk Officer Steven Douglas Caldwell Jr., sold shares on March 2, 2026, at an average price of $25.84.

Analysts Set New Price Targets

On May 26, 2026, Piper Sandler maintained a buy rating on Corebridge Financial with a $31 price target. JP Morgan and Wells Fargo also kept their ratings, with price targets of $36 and $35, respectively, on May 12, 2026. The consensus among 12 analysts is a buy rating, with a mean price target of $34.75.

About Corebridge Financial

Corebridge Financial, Inc., headquartered in Houston, Texas, offers retirement solutions and insurance products across the United States. Operating through segments like Individual Retirement and Group Retirement, the company provides annuities, life insurance, and investment advisory services. Led by CEO Marc M. Costantini, Corebridge employs approximately 4,800 people and aims to support clients in managing their financial futures.

Bottom Line

Voloridge's recent reduction in Corebridge Financial reflects a strategic portfolio adjustment as of the last 13F filing. Investors track such filings to understand institutional moves, though they represent past positions. Corebridge remains a significant player in the financial services sector, with diverse institutional interest and active insider trading.