First Trust Advisors Boosts Stake in Brighthouse Financial

Asset management firm increases ownership in life insurance and annuity provider by over 33%

Mar. 13, 2026 at 7:55am

Got story updates? Submit your updates here. ›

First Trust Advisors LP has raised its position in shares of Brighthouse Financial, Inc. (NASDAQ:BHF) by 33.6% in the 3rd quarter, according to the company's latest Form 13F filing with the Securities and Exchange Commission. The firm now owns 686,721 shares of the company's stock, up from 514,080 shares previously.

Why it matters

Brighthouse Financial is a major player in the life insurance and annuity market, and institutional investors like First Trust Advisors closely monitor the company's performance. This increase in ownership stake suggests First Trust sees growth potential in Brighthouse despite some analyst concerns about the stock.

The details

First Trust Advisors purchased an additional 172,641 shares of Brighthouse Financial during the 3rd quarter, bringing its total position to 686,721 shares worth approximately $36.5 million. This represents a 33.6% increase in the firm's stake in the company. Brighthouse Financial provides fixed indexed annuities and other retirement income solutions.

  • First Trust Advisors increased its Brighthouse Financial stake in the 3rd quarter of 2026.

The players

First Trust Advisors LP

An asset management firm that has increased its ownership stake in Brighthouse Financial, a major life insurance and annuity provider.

Brighthouse Financial, Inc.

A U.S.-based life insurance company that specializes in retirement income solutions and annuity products.

Got photos? Submit your photos here. ›

The takeaway

This increase in ownership by a major institutional investor like First Trust Advisors suggests confidence in Brighthouse Financial's long-term prospects, even as some analysts remain cautious on the stock. It highlights the ongoing importance of the life insurance and annuity market as retirees seek guaranteed income solutions.