Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

F&G Annuities & Life Inc (FG)

309 + Investors. Track Smart Money conviction in FG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -15
Streak
2Q ▼
Buyers last Q
48%

Smart Money Signals — FG

Based on 313 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their FG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 71% of 3.0Y peak

71% of all-time peak
313 funds currently hold this stock — 71% of the 3.0-year high of 440 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +44% more funds vs a year ago

fund count last 6Q
+95 new funds entered over the past year (+44% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 48% buying

146 buying157 selling
Last quarter: 157 funds reduced or exited vs 146 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~56 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 42 → 241 → 56 → 56. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 37% long-term, 33% new

■ 37% conviction (2yr+) ■ 30% medium ■ 33% new
Of the 313 current holders: 117 (37%) held >2 years, 93 held 1–2 years, and 103 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📊

Peak discovery — momentum slowing

36 → 42 → 241 → 56 → 56 new funds/Q
New funds entering each quarter: 42 → 241 → 56 → 56. FG is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 54% veterans vs 34% newcomers

■ 54% veterans ■ 11% 1-2yr ■ 34% new
Entry-cohort mix of 316 holders: 171 (54%) are 2+ year veterans, 36 entered 1–2 years ago, and 109 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 16% AUM from top-100

16% from top-100 AUM funds
47 of 311 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FG

In 2026 Q2, 146 hedge funds were net buyers of FG (56 opened a new position, 90 added to an existing one), while 157 reduced or exited (86 trimmed, 71 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. Net fund flow last quarter: -15 funds (more exits than new entries). Total institutional holders: 313.

Hedge Fund Ownership: FG

How many hedge funds hold FG — quarterly history vs. share price
Quarterly hedge fund ownership of FG vs. share price

Market Analysis: FG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy F&G Annuities & Life Inc (FG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FG has moved relative to its sector benchmark (XLF) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 72d ago
FG
-10.2%
XLF
+6.4%

FG outperformed XLF by -16.6% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 27d ago
FG
-12.9%
XLF
-1.9%

Since the filing became public, FG outperformed XLF by -11.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 1 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: FG
309 + Investors

Track Smart Money conviction in FG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 309 328 -5.79%
13F Shares 128M 125M 1.94%
Total Value $3.45B $3.16B 9.0%
New Positions 56 56 -
Increased Positions 87 87 -
Closed Positions 73 168 -95
Reduced Positions 86 123 -37
Total Calls 3 2 50.0%
Total Puts 2 4 -50.0%
PUT/CALL Ratio 0.67 2.0 Bullish

Statistics: FG

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

309 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FG holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fidelity National Financial, Inc. 79.53% 94,662,347 $2.52B
2 Brave Warrior Advisors, LLC 1.44% 2,482,417 $66.0M
3 Denali Advisors LLC 0.76% 284,700 $7.6M
4 PDT Partners, LLC 0.44% 318,273 $8.5M
5 Crescent Grove Advisors, LLC 0.15% 66,288 $1.8M
6 National Wealth Management Group, LLC 0.14% 17,497 $465K
7 Algert Global LLC 0.09% 287,869 $7.7M
8 Numerai GP LLC 0.09% 41,656 $1.1M
9 Schwartz Investment Counsel Inc 0.09% 96,384 $2.6M
10 Moors & Cabot, Inc. 0.08% 79,287 $2.1M
11 Stephens Inc /Ar/ 0.08% 268,887 $7.1M
12 Eaton Financial Holdings Company, LLC 0.07% 10,059 $267K
13 Dynamic Technology Lab Private Ltd 0.07% 12,183 $324K
14 Arthur M. Cohen & Associates, LLC 0.07% 16,338 $434K
15 Susquehanna Fundamental Investments, LLC 0.06% 124,761 $3.3M
16 State of Wyoming 0.06% 20,883 $555K
17 Ameriflex Group, INC. 0.05% 4,861 $129K
18 Nomura Asset Management International INC. 0.05% 1,263,189 $33.6M
19 Capital Advisors Wealth Management, LLC 0.05% 15,644 $416K
20 Harbor Advisors LLC 0.05% 14,275 $380K
21 Unison Advisors LLC 0.04% 23,778 $632K
22 Carret Asset Management, LLC 0.04% 18,912 $503K
23 Occudo Quantitative Strategies LP 0.04% 25,331 $674K
24 Hollencrest Capital Management 0.03% 17,659 $470K
25 Hotchkis & Wiley Capital Management LLC 0.03% 357,310 $9.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — F&G Annuities & Life Inc (FG)

What does the Smart Money Trend signal show for FG?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their FG positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for FG?

More sellers than buyers — 48% buying: Last quarter: 157 funds reduced or exited vs 146 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FG holders?

Smaller funds dominant — 16% AUM from top-100: 47 of 311 holders rank in the top 100 by AUM, but together hold only 16% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held FG?

Mixed — 37% long-term, 33% new: Of the 313 current holders: 117 (37%) held >2 years, 93 held 1–2 years, and 103 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy F&G Annuities & Life Inc (FG) following the 2026 Q2 hedge fund 13F filings?

As of today, FG has moved -12.9% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.9% for the XLF sector ETF — an outperformance of -11.0%. Since the quarter end (June 30, 2026), FG has gained -10.2% vs +6.4% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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