CF
Citizens Financial Group Inc/ri — 13F Portfolio Analysis & Stock Picks (Q3 2026)
Citizens Financial Group Inc/riCIK: 0000759944
Diversified strategyMomentum followerLong-term holder
Total reported value
$8.6B
Reporting period: 2026-09-30 · Number of holdings: 1361
CITIZENS FINANCIAL GROUP INC/RI disclosed 1361 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $8.6B and a quarterly turnover rate of 16.2%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "C"
Personality snowflake
- Concentration
- 6.97
- Portfolio Stability
- 16.23
- Momentum
- 95.57
- Sector conviction
- 59.88
- Diversification
- 100
- Sizing Uniformity
- 56.39
Citizens Financial Group Inc/ri's disclosed holdings carry a Herfindahl concentration index of 0.017 — mathematically equivalent to about 57 equally-sized positions, well below its 1361 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 4.36), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 54% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd MSFT
+0.2% $84.8M
Add 84615Q103
+7323.0% $56.8M
New buy 30233Q108
Add NVDA
-0.1% $46.9M
Trim IJH
-3.1% -$22.8M
Add AAPL
-3.6% $42.8M
Holdings Map
New buyAddUnchangedTrim
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 1361 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 6.21% | -0.09% | -0.04% | |
| 2 | AAPL | Apple Inc | Stock-Tech | 5.07% | +0.34% | -3.64% | |
| 3 | NVDA | Nvidia CORP | Stock-Tech | 4.41% | +0.42% | -0.07% | |
| 4 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 3.66% | -0.34% | -7.43% | |
| 5 | MSFT | Microsoft CORP | Stock-Tech | 3.60% | +0.90% | +0.25% | |
| 6 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 2.84% | -0.26% | -1.67% | |
| 7 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 2.50% | -0.36% | -3.14% | |
| 8 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 2.47% | -0.20% | -4.84% | |
| 9 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 2.12% | -0.04% | -0.37% | |
| 10 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 1.99% | +0.02% | -0.30% | |
| 11 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 1.87% | +0.03% | +5.61% | |
| 12 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 1.56% | -0.10% | -0.83% | |
| 13 | VTV | Vanguard Value ETF | ETF-Other | 1.51% | -0.13% | -4.37% | |
| 14 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.33% | +0.25% | -0.98% | |
| 15 | AVGO | Broadcom Inc | Stock-Tech | 1.33% | -0.11% | +2.16% | |
| 16 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.30% | -0.01% | +1.29% | |
| 17 | MA | Mastercard Inc - A | Stock-Financials | 1.18% | +0.04% | -0.25% | |
| 18 | BIV | Vanguard Intermediate-term B | ETF-Other | 1.08% | +0.11% | +21.45% | |
| 19 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 1.08% | -0.28% | -11.01% | |
| 20 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.08% | -0.01% | +5.78% | |
| 21 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 1.04% | -0.12% | -6.46% | |
| 22 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.01% | -0.09% | -1.22% | |
| 23 | IUSG | Ishares Core S&p U.s. Growth | ETF-Other | 0.96% | -0.03% | -2.90% | |
| 24 | BAC | Bank Of America CORP | Stock-Financials | 0.92% | -0.07% | +0.76% | |
| 25 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.89% | -0.07% | -4.44% | |
| 26 | VO | Vanguard Mid-cap ETF | ETF-Other | 0.78% | -0.03% | +2.55% | |
| 27 | SCHF | Schwab Intl Equity ETF | ETF-Other | 0.68% | -0.01% | +2.91% | |
| 28 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.68% | +0.02% | +2.59% | |
| 29 | ✓ | Stock-Other | 0.67% | +0.66% | +7323.04% | ||
| 30 | ETN | Eaton Corporation plc | Stock-Industrials | 0.66% | -0.03% | -2.82% | |
| 31 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.65% | +0.01% | +0.07% | |
| 32 | XLK | Ss Technology Select Sector | ETF-Tech | 0.62% | -0.01% | -0.63% | |
| 33 | VB | Vanguard Small-cap ETF | ETF-Other | 0.61% | -0.07% | -1.14% | |
| 34 | ABBV | Abbvie Inc | Stock-Healthcare | 0.60% | -0.01% | -1.73% | |
| 35 | V | Visa Inc-class A Shares | Stock-Financials | 0.56% | — | -0.09% | |
| 36 | EFA | Ishares Msci Eafe ETF | ETF-Other | 0.52% | -0.07% | -9.24% | |
| 37 | GS | Goldman Sachs Group Inc | Stock-Financials | 0.51% | -0.06% | +3.42% | |
| 38 | VNQ | Vanguard Real Estate ETF | ETF-Other | 0.50% | -0.07% | -1.93% | |
| 39 | PWR | Quanta Services Inc | Stock-Industrials | 0.50% | -0.09% | -1.93% | |
| 40 | JPST | Jpmorgan Ultra-short Income | ETF-Other | 0.50% | -0.01% | +0.70% | |
| 41 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.49% | +0.01% | -0.40% | |
| 42 | MDY | State Street Spdr S&p Midcap | ETF-Other | 0.47% | -0.03% | +2.91% | |
| 43 | MRK | Merck & Co. Inc. | Stock-Healthcare | 0.45% | +0.04% | +0.10% | |
| 44 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.44% | -0.04% | -5.13% | |
| 45 | MU | Micron Technology Inc | Stock-Tech | 0.43% | +0.17% | +89.17% | |
| 46 | ✓ | Stock-Other | 0.43% | +0.43% | NEW | ||
| 47 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.40% | -0.06% | +6.24% | |
| 48 | QQQM | Invesco Nasdaq 100 ETF | ETF-Tech | 0.40% | +0.01% | +5.23% | |
| 49 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.39% | -0.04% | -3.21% | |
| 50 | PH | Parker Hannifin CORP | Stock-Industrials | 0.38% | -0.02% | +0.15% |
1–50 of 200
Portfolio Performance
Performance for Q4 2026
+1.1%
Performance Last 4 Quarters
+11.2%
- Stdev
- +11.4%
- Beta
- +0.92
- Alpha
- -0.9%
- Max Drawdown
- -7.6%
- Annualized Perf
- +20.7%
- Batting Avg vs S&P
- +30.6%
- Sortino
- +3.69
- Stutzer
- +0.5
- Treynor
- +0.21
- Sterling
- +1.34
- Calmar
- +2.72
- Information Ratio
- -1.21
- Tracking Error
- +2.2%
- Stdev Down
- +5.3%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +31.8%
- Worst 12 Months
- +5.9%
- Efficiency Ratio
- +0.72
- Sharpe
- +1.71
- Stdev Sectors
- +9.9%
- Skewness
- -0.02
- Kurtosis
- +0.07
- Upside Potential
- +5.14
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q3 | 1361 | $8.6B | 16 | ||
| 2026 Q2 | 1257 | $8.3B | 21 | ||
| 2026 Q1 | 1041 | $7.2B | 14 | ||
| 2025 Q4 | 1018 | $7.5B | 11 | ||
| 2025 Q3 | 1007 | $7.3B | 39 | ||
| 2025 Q2 | 901 | $6.2B | 0 | ||
| 2025 Q1 | 807 | $5.1B | 100 | ||
| 2024 Q4 | 783 | $5.1B | 0 | ||
| 2024 Q3 | 770 | $5.0B | 0 | ||
| 2024 Q2 | 719 | $4.5B | 0 | ||
| 2024 Q1 | 578 | $3.0B | 0 | ||
| 2023 Q4 | 564 | $2.9B | 0 | ||
| 2023 Q3 | 495 | $2.5B | 0 | ||
| 2023 Q2 | 536 | $2.7B | 0 | ||
| 2023 Q1 | 613 | $2.7B | 0 | ||
| 2022 Q4 | 574 | $2.6B | 0 | ||
| 2022 Q3 | 564 | $2.3B | 0 | ||
| 2022 Q2 | 576 | $2.4B | 0 | ||
| 2022 Q1 | 599 | $2.9B | 0 | ||
| 2021 Q4 | 598 | $3.0B | 0 | ||
| 2021 Q3 | 591 | $2.7B | 0 | ||
| 2021 Q2 | 497 | $2.3B | 100 | ||
| 2021 Q1 | 451 | $1.9B | 18 | ||
| 2020 Q4 | 412 | $1.7B | 18 | ||
| 2020 Q3 | 351 | $1.6B | 27 | ||
| 2020 Q2 | 1405 | $1.4B | 23 | ||
| 2020 Q1 | 1444 | $1.2B | 34 | ||
| 2019 Q4 | 1470 | $1.5B | 16 | ||
| 2019 Q3 | 1266 | $1.4B | 12 | ||
| 2019 Q2 | 1189 | $1.4B | 11 | ||
| 2019 Q1 | 1116 | $1.4B | 32 | ||
| 2018 Q4 | 799 | $1.1B | 23 | ||
| 2018 Q3 | 832 | $1.3B | 15 | ||
| 2018 Q2 | 805 | $1.2B | 16 | ||
| 2018 Q1 | 750 | $1.2B | 19 | ||
| 2017 Q4 | 781 | $1.2B | 17 | ||
| 2017 Q3 | 798 | $1.2B | 13 | ||
| 2017 Q2 | 851 | $1.1B | 13 | ||
| 2017 Q1 | 1013 | $1.1B | 17 | ||
| 2016 Q4 | 1019 | $1.0B | 16 | ||
| 2016 Q3 | 1054 | $1.1B | 14 | ||
| 2016 Q2 | 1070 | $1.0B | 17 | ||
| 2016 Q1 | 1084 | $1.0B | 19 | ||
| 2015 Q4 | 1238 | $1.1B | — |
Holding changes this quarter
Citizens Financial Group Inc/ri's most significant position changes for 2026-09-30: New buy: ; Sold out: Ishrs Sh-trm Ca Muni Act ETF (CALI); New buy: ; Sold out: Oneok Inc (OKE); New buy: .
Showing top 200 changes by size (of 1229 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +0.9% | +0.25% | Add |
| 2 | ✓ | +0.7% | +7323.04% | Add | |
| 3 | ✓ | +0.4% | NEW | New buy | |
| 4 | NVDA | Nvidia CORP | +0.4% | -0.07% | Trim |
| 5 | AAPL | Apple Inc | +0.3% | -3.64% | Trim |
| 6 | META | Meta Platforms Inc-class A | +0.3% | -0.98% | Trim |
| 7 | MU | Micron Technology Inc | +0.2% | +89.17% | Add |
| 8 | ✓ | +0.1% | NEW | New buy | |
| 9 | BIV | Vanguard Intermediate-term B | +0.1% | +21.45% | Add |
| 10 | PLTR | Palantir Technologies Inc-a | +0.1% | +113.99% | Add |
| 11 | AGG | Ishares Core U.s. Aggregate | +0.1% | +142.83% | Add |
| 12 | VTI | Vanguard Total Stock Mkt ETF | +0.1% | +49.87% | Add |
| 13 | VST | Vistra CORP | +0.1% | +475.33% | Add |
| 14 | GEV | GE Vernova Inc | +0.1% | +138.33% | Add |
| 15 | IDEV | Ishares Core Msci Dev Mkts | +0.1% | +43.84% | Add |
| 16 | ✓ | +0.1% | NEW | New buy | |
| 17 | XAR | Ss Spdr S&p Aerospace Def | +0.1% | NEW | New buy |
| 18 | TMO | Thermo Fisher Scientific Inc | +0.1% | -0.43% | Trim |
| 19 | SGOV | Ishares 0-3 Month Treasury B | +0.1% | +164.12% | Add |
| 20 | CVX | Chevron CORP | +0.1% | +23.98% | Add |
| 21 | SNOW | Snowflake Inc | +0.1% | -1.30% | Trim |
| 22 | MDT | Medtronic plc | +0.1% | +70.59% | Add |
| 23 | PFE | Pfizer Inc | +0.1% | +44.55% | Add |
| 24 | APH | Amphenol Corp-cl A | +0.1% | +281.68% | Add |
| 25 | VUG | Vanguard Growth ETF | +0.1% | +14.86% | Add |
| 26 | SPMO | Invesco S&p 500 Momentum ETF | +0.1% | NEW | New buy |
| 27 | NEM | Newmont CORP | +0.1% | +7.13% | Add |
| 28 | VGSH | Vanguard Short-term Treasury | +0.1% | +56.40% | Add |
| 29 | MA | Mastercard Inc - A | 0% | -0.25% | Trim |
| 30 | MRK | Merck & Co. Inc. | 0% | +0.10% | Add |
| 31 | VWO | Vanguard Ftse Emerging Marke | 0% | +17.49% | Add |
| 32 | COO | Cooper Cos Inc/the | 0% | +627.82% | Add |
| 33 | BMY | Bristol-myers Squibb Co | 0% | +57.97% | Add |
| 34 | VEA | Vanguard Ftse Developed ETF | 0% | +5.61% | Add |
| 35 | PSX | Phillips 66 | 0% | +59.37% | Add |
| 36 | SCHD | Schwab US Dvd Equity ETF | 0% | +24.61% | Add |
| 37 | VCIT | Vanguard Int-term Corporate | 0% | +403.60% | Add |
| 38 | ANET | Arista Networks Inc | 0% | +41.96% | Add |
| 39 | DELL | Dell Technologies -c | 0% | +20.59% | Add |
| 40 | CRWD | Crowdstrike Holdings Inc - A | 0% | +321.50% | Add |
| 41 | IEF | Ishares 7-10 Year Treasury B | 0% | +35.96% | Add |
| 42 | FTNT | Fortinet Inc | 0% | +39.55% | Add |
| 43 | ICE | Intercontinental Exchange In | 0% | +6.58% | Add |
| 44 | XMMO | Invesco S&p Midcap Momentum | 0% | NEW | New buy |
| 45 | GILD | Gilead Sciences Inc | 0% | +52.44% | Add |
| 46 | AMZN | Amazon.com Inc | 0% | -0.30% | Trim |
| 47 | SPYG | Ss Spdr P S&p 500 Growth ETF | 0% | +2.59% | Add |
| 48 | COP | Conocophillips | 0% | -1.82% | Trim |
| 49 | PANW | Palo Alto Networks Inc | 0% | -0.93% | Trim |
| 50 | SPYM | Ste Str Spdr Pt S&p 500 ETF | 0% | +11.17% | Add |
1–50 of 200
Filing History
FAQ
What is Citizens Financial Group Inc/ri and what type of investor is it?
Citizens Financial Group Inc/ri is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $8.6B, spread across 1361 disclosed positions.
What are Citizens Financial Group Inc/ri's largest equity positions?
Based on the latest 13F filing, Citizens Financial Group Inc/ri's top holdings by market value are:
1. Vanguard S&p 500 ETF (VOO) — $533.1M (6.2%)
2. Apple Inc (AAPL) — $435.3M (5.1%)
3. Nvidia CORP (NVDA) — $378.1M (4.4%)
4. Ishares Core S&p 500 ETF (IVV) — $314.3M (3.7%)
5. Microsoft CORP (MSFT) — $308.8M (3.6%)
What changes did Citizens Financial Group Inc/ri make in its most recent portfolio filing?
In the latest reported quarter, Citizens Financial Group Inc/ri made 199 notable position adjustments: 13 new positions were initiated, 93 existing holdings were added to, 85 positions were partially reduced, and 8 were completely exited. The largest of these moves: New buy: ; Sold out: Ishrs Sh-trm Ca Muni Act ETF (CALI); New buy: ; Sold out: Oneok Inc (OKE); New buy:
What sectors does Citizens Financial Group Inc/ri focus on?
Citizens Financial Group Inc/ri is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 37.1%
• Financials: 14.5%
• Communication Services: 11.3%
• Health Care: 10.4%
• Industrials: 9.1%
• Consumer Discretionary: 7.7%
Investment Profile
Citizens Financial Group Inc/ri returned an annualized 20.7% over the trailing 36 months — underperforming the S&P 500 by 0.9 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.92 (roughly in line with the market) and a 31% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 37.1% of the portfolio concentrated in Information Technology.
Its turnover score has fallen from 39 to 16 over the past 4 quarters — a shift toward longer holding periods.
It has added to its NVDA position over the past two quarters (+$91.0M, now $378.1M), while trimming BIL over the same stretch (-$19.1M, still holding $4.6M).
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Developer Access
Access Citizens Financial Group Inc/ri's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/citizens-financial-group-inc-riCLI
npx alphasmo institutions get citizens-financial-group-inc-ri