Confluence Investment Management Takes $3.74M Stake in F&G Annuities & Life

The investment firm acquired over 121,000 shares of the insurance company in Q4 2025.

Mar. 21, 2026 at 8:20am

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Confluence Investment Management LLC acquired a new position in shares of F&G Annuities & Life, Inc. (NYSE:FG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 121,300 shares of the company's stock, valued at approximately $3,742,000, representing around 0.09% ownership of F&G Annuities & Life.

Why it matters

This investment by Confluence highlights institutional interest in F&G Annuities & Life, a Des Moines-based insurance provider focused on retirement income solutions. The company's fixed indexed annuities and life insurance products have seen growing demand as Americans seek ways to preserve wealth and manage longevity risk.

The details

Confluence Investment Management, an asset management firm based in St. Louis, Missouri, reported the new stake in F&G Annuities & Life as part of its quarterly 13F filing with the SEC. The 121,300 shares acquired represent a $3.74 million investment in the insurance company.

  • Confluence Investment Management acquired the F&G Annuities & Life shares in the fourth quarter of 2025.
  • The 13F filing disclosing the new position was submitted on March 21, 2026.

The players

Confluence Investment Management LLC

An asset management firm based in St. Louis, Missouri that provides investment advisory services to institutional and individual clients.

F&G Annuities & Life, Inc.

A life insurance and annuity company headquartered in Des Moines, Iowa that focuses on retirement income solutions such as fixed indexed annuities and life insurance products.

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The takeaway

Confluence's investment in F&G Annuities & Life reflects growing institutional interest in the insurance provider's retirement-focused product offerings as Americans increasingly seek ways to generate guaranteed lifetime income and preserve their wealth. This transaction highlights the ongoing evolution of the annuities and life insurance market to meet the needs of an aging population.