SEC Filing Summary: Corebridge Financial, Inc. (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Corebridge Financial, Inc. for the reporting period ending March 31, 2025. The document discloses the company's holdings in equity securities, including common stocks and exchange-traded funds (ETFs), as of the close of the quarter. It serves as a regulatory disclosure of investment positions rather than a report on Corebridge's own operational financial performance.
Key Financial Metrics and Portfolio Composition
The filing details a diversified portfolio of equity securities. While the document does not provide a consolidated total portfolio value, it lists individual positions with share counts and approximate values. Key observations include:
- Top Holdings by Share Count: The portfolio includes significant positions in major technology and consumer companies, including NVIDIA Corp (6,757,212 shares), Microsoft Corp (2,010,868 shares), Apple Inc (3,832,222 shares), and Amazon.com Inc (2,451,914 shares).
- Top Holdings by Value: Based on the "Value" column provided in the filing, the largest single positions include NVIDIA Corp ($732,346,637), Microsoft Corp ($754,859,739), Apple Inc ($851,251,473), and Amazon.com Inc ($466,501,158).
- Financial Sector Exposure: Significant holdings in financial institutions include JPMorgan Chase & Co (646,036 shares), Bank of America Corp (1,476,816 shares), and Wells Fargo & Co (733,540 shares).
- ETF Holdings: The portfolio includes substantial positions in ETFs, such as SSGA Active ETF Tr Blackstone (9,585,037 shares) and Invesco Exch Traded Fd Tr II (4,740,791 shares).
- Voting Authority: For all listed securities, Corebridge Financial, Inc. reports Sole voting authority, indicating full control over the voting rights of these shares.
Material Changes
Not Applicable: As this is a standalone Form 13F filing for a single quarter, the document does not contain comparative data against the prior period (December 31, 2024) to calculate material changes in holdings, revenue, or profit. The filing only presents the snapshot of holdings as of March 31, 2025.
Guidance, Outlook, and Risks
Not Applicable: Form 13F filings are strictly informational disclosures of equity holdings. They do not contain management commentary, forward-looking guidance, risk factors, or contingency plans regarding the company's own business operations or future financial outlook.
Important Facts for Investor Verification
- Portfolio Concentration: Verify the concentration risk associated with the top holdings, particularly in the technology sector (NVIDIA, Microsoft, Apple, Amazon), which represent a significant portion of the disclosed value.
- Valuation Methodology: Note that the "Value" column in Form 13F is an estimate based on the last trading price of the quarter and may not reflect the actual cost basis or current market value at the time of review.
- Scope of Disclosure: This filing only covers equity securities. It does not disclose holdings in derivatives, fixed income, real estate, or private equity, which may be part of Corebridge's broader investment strategy.
- Regulatory Status: Confirm that the filing was submitted within the required 45-day window following the end of the quarter (by May 15, 2025) to ensure compliance with SEC regulations.