Corebridge Financial (CRBD) sees 7.7% stake held by Pzena Investment Management
Rhea-AI Filing Summary
Pzena Investment Management, LLC reports beneficial ownership of 34,206,877 shares of Corebridge Financial, Inc. common stock, representing 7.7% of the class. Pzena has sole voting power over 27,320,303 shares and sole dispositive power over all 34,206,877 shares.
The shares are held for investment-management clients, who have the right to receive dividends and sale proceeds; no individual client’s interest exceeds 5% of the outstanding common stock.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 34,206,877 shares
Percent of class: 7.7%
Sole voting power: 27,320,303 shares
+3 more
6 metrics
Beneficially owned shares
34,206,877 shares
Common stock of Corebridge Financial, Inc. reported by Pzena Investment Management, LLC
Percent of class
7.7%
Portion of Corebridge Financial common stock beneficially owned by Pzena
Sole voting power
27,320,303 shares
Shares for which Pzena can vote or direct the vote
Sole dispositive power
34,206,877 shares
Shares for which Pzena can dispose or direct disposition
Shared voting power
0 shares
No shared voting authority reported for these holdings
Shared dispositive power
0 shares
No shared dispositive authority reported for these holdings
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 34,206,877"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole power to vote or to direct the vote: 27,320,303"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 34,206,877"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of class financial
"Percent of class: 7.7 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
CUSIP No. financial
"Title of class of securities: Common Stock (e) | CUSIP No.: 21871X109"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Corebridge Financial (CRBD) does Pzena Investment Management own?
Pzena Investment Management, LLC reports beneficial ownership of 7.7% of Corebridge Financial, Inc.’s common stock. This corresponds to 34,206,877 shares held for its investment-management clients, giving Pzena significant but minority influence in voting and disposition decisions.
Does any Pzena client hold more than 5% of Corebridge Financial (CRBD)?
No individual client of Pzena is reported to hold more than 5% of Corebridge Financial’s common stock. While aggregate beneficial ownership is 7.7%, this position is spread across multiple clients, each below the 5% threshold.
Where is Pzena Investment Management, LLC, the Corebridge (CRBD) holder, organized and based?
Pzena Investment Management, LLC is a Delaware limited liability company with its principal business office at 320 Park Avenue, 8th Floor, New York, NY 10022. It reports beneficial ownership of Corebridge Financial common stock as an investment manager.