Cliff Asness's RGA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.65 M shares of Reinsurance Group of America, Incorporated (RGA) worth $336.14 M, representing 0.18% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in RGA, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 987,014 shares. Largest reduction occurred in Q2 2020, reducing 472,611 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Reinsurance Group of America Incorporated (RGA) Holding Value Over Time
Track share changes against reported price movement
Quarterly Reinsurance Group of America Incorporated (RGA) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +987,014 | Add 148.40% | 1.65 M | $203.46 |
| Q3 2025 | -134,587 | Reduce 16.83% | 665,088 | $189.95 |
| Q2 2025 | +182,729 | Add 29.62% | 799,675 | $198.02 |
| Q1 2025 | +246,361 | Add 66.48% | 616,946 | $194.00 |
| Q4 2024 | -141,870 | Reduce 27.68% | 370,585 | $213.63 |
| Q3 2024 | -38,794 | Reduce 7.04% | 512,455 | $215.48 |
| Q2 2024 | -98,132 | Reduce 15.11% | 551,249 | $205.27 |
| Q1 2024 | +24,589 | Add 3.94% | 649,381 | $192.88 |
| Q4 2023 | -84,567 | Reduce 11.92% | 624,792 | $161.78 |
| Q3 2023 | +177,812 | Add 33.45% | 709,359 | $145.19 |
| Q2 2023 | +100,765 | Add 23.39% | 531,547 | $138.51 |
| Q1 2023 | +132,540 | Add 44.44% | 430,782 | $132.76 |
| Q4 2022 | +65,042 | Add 27.89% | 298,242 | $142.05 |
| Q3 2022 | +7,684 | Add 3.41% | 233,200 | $124.87 |
| Q2 2022 | +19,818 | Add 9.63% | 225,516 | $116.17 |
| Q1 2022 | +40,107 | Add 24.22% | 205,698 | $109.46 |
| Q4 2021 | +33,201 | Add 25.08% | 165,591 | $109.49 |
| Q3 2021 | -6,710 | Reduce 4.82% | 132,390 | $111.26 |
| Q2 2021 | +99,665 | Add 252.73% | 139,100 | $112.82 |
| Q1 2021 | +25,666 | Add 186.40% | 39,435 | $126.06 |
| Q4 2020 | -55,053 | Reduce 79.99% | 13,769 | $115.04 |
| Q3 2020 | -179,354 | Reduce 72.27% | 68,822 | $95.19 |
| Q2 2020 | -472,611 | Reduce 65.57% | 248,176 | $76.29 |
| Q1 2020 | -390,323 | Reduce 35.13% | 720,787 | $84.14 |
| Q4 2019 | -68,326 | Reduce 5.79% | 1.11 M | $163.01 |
| Q3 2019 | -43,685 | Reduce 3.57% | 1.18 M | $159.88 |
| Q2 2019 | -88,299 | Reduce 6.73% | 1.22 M | $155.42 |
| Q1 2019 | -235,658 | Reduce 15.23% | 1.31 M | $141.75 |
| Q4 2018 | -227,773 | Reduce 12.83% | 1.55 M | $140.23 |
| Q3 2018 | -291,558 | Reduce 14.11% | 1.77 M | $144.56 |
| Q2 2018 | -27,335 | Reduce 1.31% | 2.07 M | $133.91 |
| Q1 2018 | +10,797 | Add 0.52% | 2.09 M | $154.94 |
| Q4 2017 | +147,930 | Add 7.64% | 2.08 M | $155.93 |
| Q3 2017 | +135,626 | Add 7.54% | 1.94 M | $140.29 |
| Q2 2017 | +247,310 | Add 15.93% | 1.8 M | $128.39 |
| Q1 2017 | +331,580 | Add 27.17% | 1.55 M | $126.98 |
| Q4 2016 | +273,664 | Add 28.90% | 1.22 M | $125.83 |
| Q3 2016 | +77,038 | Add 8.86% | 946,837 | $107.94 |
| Q2 2016 | -30,769 | Reduce 3.42% | 869,799 | $96.99 |
| Q1 2016 | -75,916 | Reduce 7.77% | 900,568 | $96.25 |
| Q4 2015 | +99,982 | Add 11.41% | 976,484 | $85.55 |
| Q3 2015 | +111,565 | Add 14.58% | 876,502 | $90.59 |
| Q2 2015 | +146,959 | Add 23.78% | 764,937 | $94.87 |
| Q1 2015 | +26,710 | Add 4.52% | 617,978 | $93.19 |
| Q4 2014 | +110,161 | Add 22.90% | 591,268 | $87.62 |
| Q3 2014 | +13,769 | Add 2.95% | 481,107 | $80.13 |
| Q2 2014 | +25,200 | Add 5.70% | 467,338 | $78.90 |
| Q1 2014 | -10,910 | Reduce 2.41% | 442,138 | $79.63 |
| Q4 2013 | +12,673 | Add 2.88% | 453,048 | $77.41 |
| Q3 2013 | -139,298 | Reduce 24.03% | 440,375 | $66.99 |
| Q2 2013 | +579,673 | Add 0.00% | 579,673 | $69.11 |
| Q4 2012 | +534,933 | Add 0.00% | 534,933 | $53.52 |
Cliff Asness's Reinsurance Group of America Incorporated Investment FAQs
Cliff Asness first purchased Reinsurance Group of America, Incorporated (RGA) in Q4 2012, acquiring 534,933 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Reinsurance Group of America, Incorporated (RGA) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Reinsurance Group of America, Incorporated (RGA) was in Q4 2025, adding 1,652,102 shares worth $336.14 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,652,102 shares of Reinsurance Group of America, Incorporated (RGA), valued at approximately $336.14 M.
As of the Q4 2025 filing, Reinsurance Group of America, Incorporated (RGA) represents approximately 0.18% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Reinsurance Group of America, Incorporated (RGA) was 2,093,744 shares, as reported at the end of Q1 2018.