Cliff Asness's CFG Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 7.72 M shares of Citizens Financial Group, Inc. (CFG) worth $451.07 M, representing 0.24% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 45 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in CFG, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2015, adding 7.55 M shares. Largest reduction occurred in Q2 2017, reducing 4.43 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Citizens Financial Group (CFG) Holding Value Over Time
Track share changes against reported price movement
Quarterly Citizens Financial Group (CFG) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +2.8 M | Add 56.85% | 7.72 M | $58.41 |
| Q3 2025 | -1.16 M | Reduce 19.01% | 4.92 M | $53.16 |
| Q2 2025 | -1.29 M | Reduce 17.48% | 6.08 M | $44.75 |
| Q1 2025 | +1.18 M | Add 19.08% | 7.37 M | $39.91 |
| Q4 2024 | +1.51 M | Add 32.22% | 6.19 M | $43.76 |
| Q3 2024 | +255,880 | Add 5.79% | 4.68 M | $40.54 |
| Q2 2024 | +1.68 M | Add 61.42% | 4.42 M | $35.25 |
| Q1 2024 | -1 M | Reduce 26.83% | 2.74 M | $35.92 |
| Q4 2023 | -1,215 | Reduce 0.03% | 3.74 M | $33.14 |
| Q3 2023 | +3.46 M | Add 1213.16% | 3.75 M | $26.80 |
| Q2 2023 | +55,212 | Add 24.00% | 285,272 | $26.08 |
| Q1 2023 | -229,852 | Reduce 49.98% | 230,060 | $30.37 |
| Q4 2022 | -859,396 | Reduce 65.14% | 459,912 | $39.37 |
| Q3 2022 | +398,019 | Add 43.20% | 1.32 M | $34.36 |
| Q2 2022 | +486,118 | Add 111.71% | 921,289 | $34.96 |
| Q1 2022 | +49,631 | Add 12.87% | 435,171 | $45.33 |
| Q4 2021 | -406,866 | Reduce 51.35% | 385,540 | $47.25 |
| Q3 2021 | +68,826 | Add 9.51% | 792,406 | $46.98 |
| Q2 2021 | +402,929 | Add 125.66% | 723,580 | $45.87 |
| Q1 2021 | +99,610 | Add 45.06% | 320,651 | $44.15 |
| Q4 2020 | -254,591 | Reduce 53.53% | 221,041 | $35.22 |
| Q3 2020 | -463,791 | Reduce 49.37% | 475,632 | $25.09 |
| Q2 2020 | -4.08 M | Reduce 81.29% | 939,423 | $24.79 |
| Q1 2020 | +194,822 | Add 4.04% | 5.02 M | $18.81 |
| Q4 2019 | +1.35 M | Add 38.97% | 4.83 M | $40.61 |
| Q3 2019 | +2.07 M | Add 147.72% | 3.47 M | $35.37 |
| Q2 2019 | +862,692 | Add 160.06% | 1.4 M | $35.36 |
| Q1 2019 | +324,658 | Add 151.48% | 538,979 | $32.50 |
| Q4 2018 | -687,908 | Reduce 76.25% | 214,321 | $29.73 |
| Q3 2018 | -660,845 | Reduce 42.28% | 902,229 | $38.57 |
| Q2 2018 | -378,558 | Reduce 19.50% | 1.56 M | $38.90 |
| Q1 2018 | +573,229 | Add 41.89% | 1.94 M | $41.98 |
| Q4 2017 | +405,170 | Add 42.06% | 1.37 M | $41.98 |
| Q3 2017 | -388,325 | Reduce 28.73% | 963,233 | $37.87 |
| Q2 2017 | -4.43 M | Reduce 76.64% | 1.35 M | $35.68 |
| Q1 2017 | +1.17 M | Add 25.27% | 5.79 M | $34.55 |
| Q4 2016 | +1.02 M | Add 28.45% | 4.62 M | $35.63 |
| Q3 2016 | -3.04 M | Reduce 45.80% | 3.6 M | $24.71 |
| Q2 2016 | +614,631 | Add 10.21% | 6.63 M | $19.98 |
| Q1 2016 | -1.56 M | Reduce 20.57% | 6.02 M | $20.95 |
| Q4 2015 | +7.55 M | Add 23970.85% | 7.58 M | $26.19 |
| Q3 2015 | +4,600 | Add 17.11% | 31,484 | $23.85 |
| Q2 2015 | +7,484 | Add 38.58% | 26,884 | $27.30 |
| Q1 2015 | -379,100 | Reduce 95.13% | 19,400 | $24.12 |
| Q4 2014 | +398,500 | New Buy | 398,500 | $24.86 |
Cliff Asness's Citizens Financial Group Investment FAQs
Cliff Asness first purchased Citizens Financial Group, Inc. (CFG) in Q4 2014, acquiring 398,500 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Citizens Financial Group, Inc. (CFG) for 45 quarters since Q4 2014.
Cliff Asness's largest addition to Citizens Financial Group, Inc. (CFG) was in Q4 2015, adding 7,578,465 shares worth $198.48 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 7,722,559 shares of Citizens Financial Group, Inc. (CFG), valued at approximately $451.07 M.
As of the Q4 2025 filing, Citizens Financial Group, Inc. (CFG) represents approximately 0.24% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Citizens Financial Group, Inc. (CFG) was 7,722,559 shares, as reported at the end of Q4 2025.