CITIZENS FINL GROUP INC CFG
COM · Common Stock · CUSIP 174610105 · ISIN US1746101054
American bank headquartered in Providence, Rhode Island
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersProvidence, RI
- Founded1828
- Websitecitizensbank.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($21.6m this quarter). Holder counts are more reliable. Shares outstanding: 437.1m as of 2025-02-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $43.77. Options: 29 managers hold calls ($149.3m notional), 24 hold puts ($104.4m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 734 |
| Q4 2022 | 773 |
| Q1 2023 | 740 |
| Q2 2023 | 693 |
| Q3 2023 | 653 |
| Q4 2023 | 712 |
| Q1 2024 | 720 |
| Q2 2024 | 764 |
| Q3 2024 | 801 |
| Q4 2024 | 822 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 357 | 379 |
| Q2 2023 | 303 | 415 |
| Q3 2023 | 274 | 367 |
| Q4 2023 | 307 | 353 |
| Q1 2024 | 325 | 357 |
| Q2 2024 | 387 | 316 |
| Q3 2024 | 383 | 369 |
| Q4 2024 | 368 | 395 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $163.7m | $179.3m | 1.10 |
| Q2 2024 | $151.4m | $159.9m | 1.06 |
| Q3 2024 | $222.0m | $155.8m | 0.70 |
| Q4 2024 | $149.3m | $104.4m | 0.70 |
Biggest buyers
| UBS Group AG | Added | +4.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.3m |
| NORGES BANK | Added | +2.0m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +1.7m |
| AQR CAPITAL MANAGEMENT LLC | Added | +1.5m |
| Point72 Asset Management, L.P. | New | +1.2m |
| Capital World Investors | Added | +1.1m |
| STATE STREET CORP | Added | +925.3k |
| Bank of New York Mellon Corp | Added | +839.0k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +805.8k |
Biggest sellers
| Amundi | Reduced | -3.9m |
| BANK OF AMERICA CORP /DE/ | Reduced | -3.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -2.9m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.6m |
| JPMORGAN CHASE & CO | Reduced | -1.4m |
| Assenagon Asset Management S.A. | Reduced | -1.2m |
| PRUDENTIAL FINANCIAL INC | Reduced | -1.0m |
| D. E. Shaw & Co., Inc. | Reduced | -940.9k |
| Qube Research & Technologies Ltd | Reduced | -896.4k |
| Invesco Ltd. | Reduced | -873.8k |
Biggest calls
| MOORE CAPITAL MANAGEMENT, LP | Unchanged | $26.5m605.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $22.2m508.1k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $14.6m332.8k shares |
| JPMORGAN CHASE & CO | Reduced | $14.4m330.2k shares |
| JANE STREET GROUP, LLC | Reduced | $9.2m209.5k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $6.7m152.3k shares |
| CITADEL ADVISORS LLC | Reduced | $6.3m144.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.0m137.2k shares |
| NOMURA HOLDINGS INC | Added | $4.6m104.9k shares |
| PEAK6 LLC | First filing | $4.5m101.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.9m341.6k shares |
| JPMORGAN CHASE & CO | Reduced | $13.0m296.5k shares |
| CITADEL ADVISORS LLC | Added | $12.9m295.6k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $9.0m205.1k shares |
| PEAK6 LLC | First filing | $6.7m153.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.7m130.0k shares |
| JANE STREET GROUP, LLC | Reduced | $4.9m111.2k shares |
| GROUP ONE TRADING LLC | Reduced | $4.5m102.9k shares |
| Maven Securities LTD | Reduced | $3.9m89.5k shares |
| CITIGROUP INC | New | $3.5m80.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 8.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.3% |
| Capital World Investors 13G · institution -1.0 pts · filed 2026-08-12 | 5.6% |
| STATE STREET CORP 13G · institution +0.2 pts · filed 2026-08-07 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $7.5m | — |
| Q2 2023 | 2 | $121.4k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $22.9k | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $151.2k | — |
| Q2 2024 | 0 | — | 1 | $213.2k | — |
| Q3 2024 | 0 | — | 1 | $170.4k | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 51.7m $2.3bn | Reduced -314.4k |
| BlackRock, Inc. 0.04% of their portfolio | 49.1m $2.1bn | Added +777.3k |
| Capital World Investors 0.24% of their portfolio | 35.9m $1.6bn | Added +1.1m |
| STATE STREET CORP 0.05% of their portfolio | 26.8m $1.2bn | Added +925.3k |
| Invesco Ltd. 0.20% of their portfolio | 24.2m $1.1bn | Reduced -873.8k |
| Amundi 0.22% of their portfolio | 14.0m $626.4m | Reduced -3.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 10.9m $477.0m | Added +124.9k |
| MORGAN STANLEY 0.03% of their portfolio | 10.6m $465.1m | Reduced -223.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 10.6m $462.5m | Added +2.3m |
| FULLER & THALER ASSET MANAGEMENT, INC. 1.60% of their portfolio | 9.7m $423.7m | Added +1.7m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.28% of their portfolio | 8.8m $383.6m | Reduced -427.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 7.0m $306.8m | Reduced -126.6k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 6.2m $273.4m | Added +374.9k |
| AQR CAPITAL MANAGEMENT LLC 0.35% of their portfolio | 6.2m $270.7m | Added +1.5m |
| LSV ASSET MANAGEMENT 0.60% of their portfolio | 5.9m $258.0m | Reduced -293.1k |
| UBS Group AG 0.06% of their portfolio | 5.8m $254.4m | Added +4.4m |
| NORGES BANK 0.03% of their portfolio | 5.6m $243.4m | Added +2.0m |
| NORDEA INVESTMENT MANAGEMENT AB 0.23% of their portfolio | 5.0m $217.8m | Added +805.8k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 4.7m $205.2m | Added +96.1k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 4.6m $202.1m | Added +684.0k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 3.5m $155.1m | Added +839.0k |
| FMR LLC 0.01% of their portfolio | 3.5m $152.7m | Reduced -510.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 3.4m $147.8m | Added +234.0k |
| FIRST TRUST ADVISORS LP 0.13% of their portfolio | 3.3m $144.4m | Added +469.6k |
| HSBC HOLDINGS PLC 0.09% of their portfolio | 3.2m $138.4m | Added +257.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.1m $134.0m | Reduced -3.0m |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 2.6m $114.6m | Reduced -25.2k |
| Legal & General Group Plc 0.03% of their portfolio | 2.6m $114.1m | Reduced -68.5k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.2m $96.9m | Reduced -673.4k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.9m $82.0m | Reduced -36.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.8m $79.9m | Reduced -86.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.7m $74.7m | Reduced -1.4m |
| BARCLAYS PLC 0.04% of their portfolio | 1.7m $72.6m | Added +56.2k |
| TODD ASSET MANAGEMENT LLC 1.49% of their portfolio | 1.4m $62.2m | Added +2.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 1.4m $59.4m | Reduced -153.9k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.3m $56.5m | First filing |
| Capital International Investors 0.01% of their portfolio | 1.3m $54.9m | Reduced -230 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.19% of their portfolio | 1.2m $54.5m | Reduced -441.8k |
| Point72 Asset Management, L.P. 0.14% of their portfolio | 1.2m $51.5m | New |
| AEGON ASSET MANAGEMENT UK Plc 0.66% of their portfolio | 1.2m $50.4m | Added +367.4k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 1.2m $50.3m | Reduced -43.6k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.43% of their portfolio | 1.1m $49.2m | Reduced -11.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 1.1m $48.5m | Reduced -48.3k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 1.1m $46.2m | Reduced -11.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 1.0m $44.4m | Added +3.8k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 993.8k $43.5m | Added +14.4k |
| BRUNI J V & CO /CO 4.79% of their portfolio | 967.5k $42.3m | Reduced -411 |
| KBC Group NV 0.11% of their portfolio | 894.6k $39.1m | Added +15.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 884.8k $38.7m | Added +381.4k |
| Assenagon Asset Management S.A. 0.07% of their portfolio | 853.0k $37.3m | Reduced -1.2m |
| National Pension Service 0.03% of their portfolio | 782.2k $34.2m | Reduced -92.4k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.76% of their portfolio | 764.6k $33.5m | Reduced -122.8k |
| Alyeska Investment Group, L.P. 0.13% of their portfolio | 759.7k $33.2m | New |
| Rafferty Asset Management, LLC 0.11% of their portfolio | 733.9k $32.1m | Reduced -137.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.03% of their portfolio | 730.2k $32.5m | Added +91.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 721.0k $31.6m | Reduced -1.6m |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 717.5k $31.4m | Added +61.9k |
| California Public Employees Retirement System 0.02% of their portfolio | 705.3k $30.9m | Reduced -78.1k |
| CITIGROUP INC 0.03% of their portfolio | 700.1k $30.6m | Reduced -185.7k |
| Prana Capital Management, LP 1.46% of their portfolio | 699.0k $30.6m | New |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 691.8k $30.3m | Added +40.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 674.2k $29.5m | Added +379.2k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 669.6k $29.3m | Added +84.2k |
| Impax Asset Management Group plc 0.13% of their portfolio | 667.7k $29.2m | Reduced -29.3k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.69% of their portfolio | 660.8k $28.9m | Reduced -159.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 628.0k $27.5m | Reduced -104.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 624.8k $27.3m | Reduced -18.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 605.3k $26.5m | Reduced -92.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 594.6k $26.0m | Added +8.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 591.6k $25.8m | Added +45.1k |
| ZACKS INVESTMENT MANAGEMENT 0.24% of their portfolio | 589.1k $25.8m | Reduced -15.8k |
| CANADA LIFE ASSURANCE Co 0.04% of their portfolio | 575.4k $25.2m | Added +264.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 562.2k $24.6m | Reduced -7.3k |
| Rhino Investment Partners, Inc 5.32% of their portfolio | 550.1k $24.1m | Reduced -103.6k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.19% of their portfolio | 518.4k $22.7m | Added +45.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 504.4k $22.1m | Reduced -23.4k |
| ALGEBRIS (UK) LTD 5.34% of their portfolio | 499.7k $21.1m | Added +245.6k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 465.9k $20.4m | Added +375.1k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 464.9k $20.3m | Added +224.7k |
| BANK OF NOVA SCOTIA 0.04% of their portfolio | 458.6k $20.1m | Added +111.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 449.6k $19.7m | Reduced -9.6k |
| CITIZENS FINANCIAL GROUP INC/RI 0.38% of their portfolio | 443.5k $19.4m | Reduced -17.8k |
| AE Wealth Management LLC 0.16% of their portfolio | 437.4k $19.1m | Added +22.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 431.3k $18.9m | Reduced -140.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.07% of their portfolio | 419.1k $18.3m | Reduced -118.8k |
| APG Asset Management N.V. 0.05% of their portfolio | 416.7k $17.6m | Reduced -746.8k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.35% of their portfolio | 411.7k $18.0m | Reduced -4.8k |
| Klingman & Associates, LLC 1.10% of their portfolio | 409.6k $17.9m | Reduced -11.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 402.4k $17.6m | Reduced -34.3k |
| LPL Financial LLC 0.01% of their portfolio | 392.4k $17.2m | Added +8.3k |
| Stieven Capital Advisors, L.P. 3.03% of their portfolio | 389.2k $17.0m | Added +3.4k |
| Man Group plc 0.05% of their portfolio | 385.5k $16.9m | Reduced -77.4k |
| Cerity Partners LLC 0.04% of their portfolio | 379.7k $16.5m | Added +6.2k |
| Swedbank AB 0.02% of their portfolio | 363.2k $15.9m | Added +28.7k |
| MOORE CAPITAL MANAGEMENT, LP 0.30% of their portfolio | 363.1k $15.9m | Reduced -60.5k |
| Andra AP-fonden 0.25% of their portfolio | 359.0k $15.7m | Added +44.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.15% of their portfolio | 354.7k $15.5m | Reduced -5.9k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 351.5k $15.3m | Reduced -13.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 351.3k $15.4m | Added +193.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 349.9k $15.3m | Reduced -110.1k |