What is the 13F Pro Quality Score for FG?

13F Pro ranks F&G Annuities & Life, Inc. (FG) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View FG's current score at https://13fpro.ai/company/FG (free sign-up required for the full ranking).

Where does 13F Pro source FG data?

All F&G Annuities & Life, Inc. fundamentals and ownership data come directly from SEC EDGAR. F&G Annuities & Life, Inc. files with the SEC under CIK 1934850. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is FG in?

F&G Annuities & Life, Inc. (FG) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives FG's revenue?

Per F&G Annuities & Life, Inc.'s latest 10-Q filed with the SEC on 2026-08-06, the biggest revenue drivers are: Interest and investment income ($718M, +5% YoY); Life insurance premiums and other fees ($394M, -35% YoY); Recognized gains and losses, net ($290M, +468% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/FG.

What are FG's largest expenses?

F&G Annuities & Life, Inc.'s latest 10-Q reports these as the largest expense items: Benefits and other changes in policy reserves ($1,149M, +16% YoY); Depreciation and amortization ($175M, +11% YoY); Market risk benefit losses ($32M, Unfavorable vs. $4M gain YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is FG research updated on 13F Pro?

FG's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

F&G Annuities & Life, Inc.(FG)Stock Analysis

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13F Pro Quality Score

60.3/100

Rank #870 of 2,962 stocksTOP 50%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

67.0/100

Profitability

55.9/100

Balance Sheet

36.7/100

Earnings Quality

96.7/100

Free Cash Flow

98.5/100

Institutional Flow

65.4/100

Revenue Scale

80.5/100

Dilution Risk

73.4/100

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Why FG Scores 60/100

exact factor attribution · 2026-09-11

FG's composite is driven by free cash flow and scale, held back by earnings growth and capital efficiency. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+7.3 pts

99th pct

Scale

+6.1 pts

81th pct

Earnings quality

+4.7 pts

97th pct

Revenue growth

+4.5 pts

67th pct

Shareholder dilution

+1.6 pts

73th pct

Profitability

+1.2 pts

56th pct

Institutional flow

+1.0 pts

65th pct

Capital efficiency

-1.8 pts

37th pct

Earnings growth

-2.4 pts

15th pct

Latest change (2026-08-09): 62 → 66 · ↑ Profit margin 46→65; ↑ Earnings growth 45→74; despite ↓ Revenue growth 59→47

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

FG Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for F&G Annuities & Life, Inc. (FG), a Financials sector company. 13F Pro's AI-powered ranking engine scores FG at 60.3/100 on a 32-signal composite quality model, placing it at rank #870 of 2,962 stocks — the top half of the AI-ranked universe. FG scores in the top quartile across free cash flow (98.5), earnings quality (96.7), revenue scale (80.5). Areas of concern include balance sheet strength (36.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), F&G Annuities & Life, Inc. reports quarterly revenue of $1.4B, net income of $-76.0M. Top institutional holders of FG by reported 13-F value include Fidelity National Financial, BlackRock, Livforsakringsbolaget Skandia, Omsesidigt, based on the most recent SEC filings. FG trades on the NYSE exchange and files with the SEC under CIK 1934850. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for F&G Annuities & Life, Inc. directly from SEC EDGAR. F&G Annuities & Life, Inc.'s 13F Pro composite quality score has ranged between 43 and 74 since 2023, currently 60.3 — an improving long-term trajectory across 59 quarterly and live scoring snapshots.

What's Driving FG's Business? Latest 10-Q Breakdown

✓ 27/27 datapoints verified

AI-extracted from F&G Annuities & Life, Inc.'s 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

F&G reported a net loss of $76M in Q2 2026 despite revenue of $1.4B, with indexed annuity sales growth offset by PRT decline and derivative volatility pressuring earnings.

Biggest Revenue Drivers

Interest and investment income$718M+5% YoY

Higher AAUM growth and yield on AAUM of 5.12%, up from 4.94% YoY

Life insurance premiums and other fees$394M-35% YoY

Lower PRT premiums due to timing of transactions; surrenders and policyholder fees relatively stable

Biggest Revenue Drivers

Total revenue: $1,421M+4% YoY

Interest and investment income$718M+5% YoY

Higher AAUM growth and yield on AAUM of 5.12%, up from 4.94% YoY

Life insurance premiums and other fees$394M-35% YoY

Lower PRT premiums due to timing of transactions; surrenders and policyholder fees relatively stable

Recognized gains and losses, net$290M+468% YoY

Equity options gains of $527M and derivatives gains of $352M, offset by fixed maturity losses

Owned distribution revenues$19M-17% YoY

Lower commission revenues from majority-owned distribution partners

Largest Expense Items

Benefits and other changes in policy reserves$1,149M+16% YoY

Higher index credits and interest credited on indexed annuities from market movement; PRT reserves from timing

Depreciation and amortization$175M+11% YoY

Increased DAC and DSI amortization from business growth and higher amortization rates from actuarial assumptions

Market risk benefit losses$32MUnfavorable vs. $4M gain YoY

Unfavorable market-related movements offset by favorable actual policyholder behavior vs. expected

Personnel costs and other operating expenses$118M-1% YoY

Costs in line with sales volumes; disciplined expense management partially offset by platform investments

Margins: Gross margin pressure from derivative and embedded derivative volatility, with equity option gains (+$527M) largely reversed by mark-to-market movements and MRB losses ($32M). Operating leverage constrained by higher crediting costs on indexed products and PRT growth.

Watch Items from the Filing

PRT premiums declined 48% YoY to $226M in Q2 2026 from $432M; material swing in core business timing affecting quarterly profitability.
Net loss of $76M in Q2 2026 despite $1.4B revenue, driven by derivative/embedded derivative volatility; six-month earnings of $172M show cyclical pattern.
Indexed annuity sales of $1.7B grew 2% YoY but subject to pricing discipline and capital allocation constraints; core sales down from prior year trends.
Concentration in reinsurance: $20.9B reinsurance recoverable (gross) with largest counterparties Aspida ($8.4B), Somerset ($6.2B), and Everlake ($1.9B); credit mitigation via collateral.
Sale of F&G Life Re completed March 1, 2026 for $102M cash plus 19.9% LP interest in Ancient; $56M goodwill impairment; ongoing reinsurance agreement with Ancient effective March 1, 2026.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$1.4B

Net Income

Q2 2026

$-76.0M

ROIC

Q2 2026

-4.4%

D/E Ratio

Q2 2026

0.49

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

-0.2% YoY

$5.73BFY 2025

FY22 $2.35BFY23 $4.50BFY24 $5.74BFY25 $5.73B

Net Income

-58.5% YoY

$265.0MFY 2025

FY22 $635.0MFY23 $-58.0MFY24 $639.0MFY25 $265.0M

EPS (Diluted)

-61.5% YoY

$1.88FY 2025

FY22 $5.52FY23 $-0.47FY24 $4.88FY25 $1.88

Total Assets

+15.9% YoY

$98.43BFY 2025

FY22 $54.63BFY23 $70.20BFY24 $84.93BFY25 $98.43B

Total Debt

+3.0% YoY

$2.24BFY 2025

FY22 $1.11BFY23 $1.75BFY24 $2.17BFY25 $2.24B

Op. Cash Flow

-22.0% YoY

$4.68BFY 2025

FY22 $3.17BFY23 $5.83BFY24 $6.00BFY25 $4.68B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$5.73B -0.2%	$5.74B +27.6%	$4.50B +91.6%	$2.35B -40.9%	$3.97B	—
Net Income	$265.0M -58.5%	$639.0M +1201.7%	$-58.0M -109.1%	$635.0M -48.8%	$1.24B	—
EPS (Diluted)	$1.88 -61.5%	$4.88 +1138.3%	$-0.47 -108.5%	$5.52 -53.3%	$11.81	—
Total Assets	$98.43B +15.9%	$84.93B +21.0%	$70.20B +28.5%	$54.63B +12.1%	$48.73B	—
Total Debt	$2.24B +3.0%	$2.17B +23.8%	$1.75B +57.5%	$1.11B +14.0%	$977.0M	—
Operating Cash Flow	$4.68B -22.0%	$6.00B +2.8%	$5.83B +84.0%	$3.17B +69.5%	$1.87B	—

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Available Research

13F Pro tracks comprehensive data for F&G Annuities & Life, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of FG

Fidelity National Financial, Inc.
$2.5B94,662,347 sh
BlackRock, Inc.
$89.8M3,377,244 sh
Livforsakringsbolaget Skandia, Omsesidigt
$71.3M217,919 sh
Brave Warrior Advisors, LLC
$66.0M2,482,417 sh
BANK OF AMERICA CORP /DE/
$59.2M2,224,783 sh
DIMENSIONAL FUND ADVISORS LP
$56.8M2,136,347 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$52.5M1,975,976 sh
VANGUARD CAPITAL MANAGEMENT LLC
$41.1M1,544,055 sh
STATE STREET CORP
$38.1M1,432,065 sh
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.
$33.6M1,263,189 sh

Fund	Value	Shares
Fidelity National Financial, Inc.	$2.5B	94,662,347
BlackRock, Inc.	$89.8M	3,377,244
Livforsakringsbolaget Skandia, Omsesidigt	$71.3M	217,919
Brave Warrior Advisors, LLC	$66.0M	2,482,417
BANK OF AMERICA CORP /DE/	$59.2M	2,224,783
DIMENSIONAL FUND ADVISORS LP	$56.8M	2,136,347
VANGUARD PORTFOLIO MANAGEMENT LLC	$52.5M	1,975,976
VANGUARD CAPITAL MANAGEMENT LLC	$41.1M	1,544,055
STATE STREET CORP	$38.1M	1,432,065
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	$33.6M	1,263,189

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Is FG a good stock to buy?

13F Pro's AI-powered analysis of F&G Annuities & Life, Inc. (FG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FG are available on the FG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FG is classified as a mid company.

Which hedge funds own FG?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of F&G Annuities & Life, Inc.'s investment landscape.