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 ($45.7m this quarter). Holder counts are more reliable. Shares outstanding: 425.0m as of 2026-02-04, 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 ≈ $58.37. Options: 27 managers hold calls ($122.0m notional), 22 hold puts ($122.5m).
Trends to Q4 2025
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 |
| Q1 2025 | 833 |
| Q2 2025 | 808 |
| Q3 2025 | 863 |
| Q4 2025 | 968 |
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 2024 | 325 | 357 |
| Q2 2024 | 387 | 316 |
| Q3 2024 | 383 | 369 |
| Q4 2024 | 368 | 395 |
| Q1 2025 | 415 | 385 |
| Q2 2025 | 378 | 433 |
| Q3 2025 | 441 | 363 |
| Q4 2025 | 494 | 365 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $122.8m | $104.9m | 0.85 |
| Q2 2025 | $161.0m | $145.9m | 0.91 |
| Q3 2025 | $131.5m | $103.0m | 0.78 |
| Q4 2025 | $122.0m | $122.5m | 1.00 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +2.8m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +2.2m |
| Amundi | Added | +2.0m |
| Capital International Investors | Added | +2.0m |
| HSBC HOLDINGS PLC | Added | +1.9m |
| BlackRock, Inc. | Added | +1.7m |
| CITADEL ADVISORS LLC | Added | +1.7m |
| Point72 Asset Management, L.P. | Added | +1.6m |
| Artemis Investment Management LLP | Added | +1.5m |
| Impax Asset Management Group plc | Added | +1.4m |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -6.5m |
| Ninety One UK Ltd | Reduced | -5.0m |
| JPMORGAN CHASE & CO | Reduced | -2.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.9m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.4m |
| Zurich Insurance Group Ltd/FI | Reduced | -1.4m |
| Invesco Ltd. | Reduced | -1.3m |
| Shellback Capital, LP | Sold out | -1.3m |
| MARSHALL WACE, LLP | Sold out | -906.7k |
| HoldCo Asset Management, LP | Reduced | -904.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $29.3m502.2k shares |
| JANE STREET GROUP, LLC | Added | $16.8m286.9k shares |
| ROYAL BANK OF CANADA | Added | $13.0m222.7k shares |
| CITADEL ADVISORS LLC | Added | $10.8m185.7k shares |
| HSBC HOLDINGS PLC | Reduced | $8.0m136.3k shares |
| IMC-Chicago, LLC | Added | $6.5m111.1k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $5.8m100.0k shares |
| Walleye Trading LLC | Added | $4.6m77.9k shares |
| GROUP ONE TRADING LLC | Added | $4.4m74.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.6m61.4k shares |
Biggest puts
| PEAK6 LLC | Added | $36.6m627.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $19.5m333.7k shares |
| CITADEL ADVISORS LLC | Added | $11.4m195.9k shares |
| GROUP ONE TRADING LLC | Added | $8.0m137.8k shares |
| CITIGROUP INC | New | $6.1m104.3k shares |
| JANE STREET GROUP, LLC | Added | $5.5m94.6k shares |
| IMC-Chicago, LLC | Added | $5.0m85.5k shares |
| Walleye Trading LLC | Added | $4.5m76.2k shares |
| Verition Fund Management LLC | Reduced | $4.4m75.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.3m57.2k 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 2025
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 2024 | 0 | — | 1 | $151.2k | — |
| Q2 2024 | 0 | — | 1 | $213.2k | — |
| Q3 2024 | 0 | — | 1 | $170.4k | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 1 | $801 | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 51.3m $3.0bn | Added +115.7k |
| BlackRock, Inc. 0.05% of their portfolio | 45.6m $2.7bn | Added +1.7m |
| Capital World Investors 0.29% of their portfolio | 36.9m $2.2bn | Reduced -403.0k |
| STATE STREET CORP 0.04% of their portfolio | 22.8m $1.3bn | Reduced -214.2k |
| Invesco Ltd. 0.13% of their portfolio | 22.7m $1.3bn | Reduced -1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 11.4m $661.1m | Added +32.3k |
| MORGAN STANLEY 0.04% of their portfolio | 11.2m $655.2m | Added +298.8k |
| Capital International Investors 0.07% of their portfolio | 8.0m $467.4m | Added +2.0m |
| AQR CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 7.7m $451.1m | Added +2.8m |
| NORDEA INVESTMENT MANAGEMENT AB 0.36% of their portfolio | 7.2m $423.2m | Added +505.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 6.7m $394.2m | Reduced -91.5k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 1.17% of their portfolio | 6.7m $389.9m | Reduced -731.7k |
| Ninety One UK Ltd 0.82% of their portfolio | 6.6m $384.0m | Reduced -5.0m |
| LSV ASSET MANAGEMENT 0.79% of their portfolio | 6.2m $362.3m | Reduced -171.9k |
| NORGES BANK 0.04% of their portfolio | 6.1m $355.9m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.04% of their portfolio | 5.1m $297.0m | Added +681.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 4.7m $276.4m | Added +2.2m |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 4.7m $274.0m | Reduced -121.5k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 4.6m $266.2m | Reduced -622.0k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 4.5m $261.3m | Reduced -120.9k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 3.7m $214.6m | Added +1.9m |
| Amundi 0.06% of their portfolio | 3.5m $205.2m | Added +2.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio | 2.9m $170.4m | Reduced -439.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 2.8m $165.6m | Reduced -1.9m |
| Legal & General Group Plc 0.04% of their portfolio | 2.8m $163.8m | Reduced -17.6k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.6m $149.8m | Reduced -724.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.6m $149.3m | Reduced -1.4m |
| Point72 Asset Management, L.P. 0.23% of their portfolio | 2.5m $146.8m | Added +1.6m |
| Artemis Investment Management LLP 1.73% of their portfolio | 2.4m $143.0m | Added +1.5m |
| FMR LLC 0.01% of their portfolio | 2.4m $141.1m | Reduced -100.2k |
| UBS Group AG 0.03% of their portfolio | 2.3m $131.6m | Reduced -282.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio | 2.2m $127.1m | Added +869.2k |
| Alyeska Investment Group, L.P. 0.35% of their portfolio | 2.1m $124.2m | Added +486.2k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 2.1m $120.1m | Added +1.7m |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 2.0m $115.4m | Reduced -367.8k |
| Impax Asset Management Group plc 0.63% of their portfolio | 1.7m $101.0m | Added +1.4m |
| Swedbank AB 0.10% of their portfolio | 1.7m $99.6m | Reduced -201.1k |
| ASSETMARK, INC 0.20% of their portfolio | 1.7m $98.0m | Added +5.3k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.6m $94.4m | Reduced -2.0m |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 1.5m $86.0m | Reduced -152.8k |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 1.5m $84.8m | Added +170.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 1.4m $68.7m | Reduced -427.8k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 1.3m $78.4m | Added +164.8k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.3m $77.4m | Reduced -182.1k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.3m $73.7m | Reduced -66.1k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 1.2m $69.7m | Added +207.9k |
| HoldCo Asset Management, LP 5.19% of their portfolio | 1.2m $69.0m | Reduced -904.4k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 1.2m $68.7m | Added +35.9k |
| GW&K Investment Management, LLC 0.54% of their portfolio | 1.1m $62.3m | Added +125.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 1.1m $61.7m | Reduced -25.4k |
| BARCLAYS PLC 0.02% of their portfolio | 1.0m $61.3m | Added +63.5k |
| Quantinno Capital Management LP 0.12% of their portfolio | 1.0m $59.5m | Added +267.4k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.82% of their portfolio | 1.0m $59.2m | Reduced -75.9k |
| AEGON ASSET MANAGEMENT UK Plc 0.69% of their portfolio | 994.1k $58.1m | Reduced -196.1k |
| TODD ASSET MANAGEMENT LLC 1.13% of their portfolio | 991.5k $57.9m | Added +94.8k |
| BRUNI J V & CO /CO 5.62% of their portfolio | 980.7k $57.3m | Reduced -6.9k |
| Prana Capital Management, LP 2.04% of their portfolio | 964.2k $56.3m | Reduced -347.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 902.6k $53.6m | Added +28.4k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 885.0k $51.7m | Added +27.0k |
| Nuveen, LLC 0.01% of their portfolio | 880.0k $51.4m | Added +2.5k |
| Bridgewater Associates, LP 0.18% of their portfolio | 853.9k $49.9m | Added +10.3k |
| National Pension Service 0.04% of their portfolio | 839.3k $49.0m | Added +704.1k |
| California Public Employees Retirement System 0.03% of their portfolio | 802.3k $46.9m | Added +38.5k |
| Vinva Investment Management Ltd 0.54% of their portfolio | 732.3k $43.2m | Added +168.9k |
| NATIXIS ADVISORS, LLC 0.06% of their portfolio | 719.2k $42.0m | Added +7.1k |
| Freestone Grove Partners LP 0.30% of their portfolio | 707.0k $41.3m | Added +197.8k |
| Zurich Insurance Group Ltd/FI 0.28% of their portfolio | 698.1k $40.8m | Reduced -1.4m |
| Junto Capital Management LP 0.87% of their portfolio | 667.7k $39.0m | Reduced -94.3k |
| Assenagon Asset Management S.A. 0.06% of their portfolio | 666.2k $38.9m | Added +67.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.29% of their portfolio | 655.6k $38.3m | Added +64.0k |
| Korea Investment CORP 0.08% of their portfolio | 655.6k $38.3m | Added +30.2k |
| Capital International, Inc./CA/ 0.30% of their portfolio | 654.6k $38.2m | Added +48.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 654.5k $38.6m | Added +130.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 636.7k $37.2m | Added +548 |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 630.8k $36.8m | Reduced -56.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 627.2k $36.6m | Reduced -247.8k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 621.5k $36.3m | Added +428.2k |
| ZACKS INVESTMENT MANAGEMENT 0.28% of their portfolio | 601.8k $35.2m | Reduced -2.3k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 600.4k $35.1m | Reduced -35.8k |
| Synergy Asset Management, LLC 3.52% of their portfolio | 579.2k $33.8m | Reduced -557.6k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 1.45% of their portfolio | 562.0k $32.8m | Reduced -35.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 558.9k $32.6m | Reduced -18.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 549.0k $32.1m | Added +1.1k |
| LPL Financial LLC 0.01% of their portfolio | 538.3k $31.4m | Added +74.5k |
| Man Group plc 0.06% of their portfolio | 535.4k $31.3m | Added +78.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 524.1k $30.6m | Added +417.9k |
| FEDERATED HERMES, INC. 0.05% of their portfolio | 517.2k $30.2m | Reduced -14.6k |
| ALGEBRIS (UK) LTD 2.34% of their portfolio | 505.4k $29.5m | Reduced -396.2k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 504.6k $30.0m | Added +25.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 497.1k $29.0m | Reduced -14.2k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio | 495.0k $28.9m | Added +477.9k |
| IEQ CAPITAL, LLC 0.09% of their portfolio | 493.6k $28.8m | Added +214.5k |
| VALLEY WEALTH MANAGERS, INC. 1.84% of their portfolio | 491.6k $28.7m | Reduced -5.9k |
| CITIGROUP INC 0.02% of their portfolio | 472.7k $27.6m | Reduced -92.8k |
| NATIXIS 0.11% of their portfolio | 470.6k $27.5m | Added +372.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 453.9k $26.5m | First filing |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 453.8k $26.5m | Added +354.9k |
| STRS OHIO 0.10% of their portfolio | 448.3k $26.2m | Reduced -119 |
| ExodusPoint Capital Management, LP 0.28% of their portfolio | 429.7k $25.1m | Added +190.1k |
| Klingman & Associates, LLC 1.20% of their portfolio | 427.0k $24.9m | Reduced -20.1k |