Cliff Asness's CFG Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 4.92 M shares of Citizens Financial Group, Inc. (CFG) worth $261.73 M, representing 0.17% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 44 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
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2014 | +398,500 | New Buy | 398,500 | $24.86 |
| Q1 2015 | -379,100 | Reduce 95.13% | 19,400 | $24.12 |
| Q2 2015 | +7,484 | Add 38.58% | 26,884 | $27.30 |
| Q3 2015 | +4,600 | Add 17.11% | 31,484 | $23.85 |
| Q4 2015 | +7.55 M | Add 23970.85% | 7.58 M | $26.19 |
| Q1 2016 | -1.56 M | Reduce 20.57% | 6.02 M | $20.95 |
| Q2 2016 | +614,631 | Add 10.21% | 6.63 M | $19.98 |
| Q3 2016 | -3.04 M | Reduce 45.80% | 3.6 M | $24.71 |
| Q4 2016 | +1.02 M | Add 28.45% | 4.62 M | $35.63 |
| Q1 2017 | +1.17 M | Add 25.27% | 5.79 M | $34.55 |
| Q2 2017 | -4.43 M | Reduce 76.64% | 1.35 M | $35.68 |
| Q3 2017 | -388,325 | Reduce 28.73% | 963,233 | $37.87 |
| Q4 2017 | +405,170 | Add 42.06% | 1.37 M | $41.98 |
| Q1 2018 | +573,229 | Add 41.89% | 1.94 M | $41.98 |
| Q2 2018 | -378,558 | Reduce 19.50% | 1.56 M | $38.90 |
| Q3 2018 | -660,845 | Reduce 42.28% | 902,229 | $38.57 |
| Q4 2018 | -687,908 | Reduce 76.25% | 214,321 | $29.73 |
| Q1 2019 | +324,658 | Add 151.48% | 538,979 | $32.50 |
| Q2 2019 | +862,692 | Add 160.06% | 1.4 M | $35.36 |
| Q3 2019 | +2.07 M | Add 147.72% | 3.47 M | $35.37 |
| Q4 2019 | +1.35 M | Add 38.97% | 4.83 M | $40.61 |
| Q1 2020 | +194,822 | Add 4.04% | 5.02 M | $18.81 |
| Q2 2020 | -4.08 M | Reduce 81.29% | 939,423 | $24.79 |
| Q3 2020 | -463,791 | Reduce 49.37% | 475,632 | $25.09 |
| Q4 2020 | -254,591 | Reduce 53.53% | 221,041 | $35.22 |
| Q1 2021 | +99,610 | Add 45.06% | 320,651 | $44.15 |
| Q2 2021 | +402,929 | Add 125.66% | 723,580 | $45.87 |
| Q3 2021 | +68,826 | Add 9.51% | 792,406 | $46.98 |
| Q4 2021 | -406,866 | Reduce 51.35% | 385,540 | $47.25 |
| Q1 2022 | +49,631 | Add 12.87% | 435,171 | $45.33 |
| Q2 2022 | +486,118 | Add 111.71% | 921,289 | $34.96 |
| Q3 2022 | +398,019 | Add 43.20% | 1.32 M | $34.36 |
| Q4 2022 | -859,396 | Reduce 65.14% | 459,912 | $39.37 |
| Q1 2023 | -229,852 | Reduce 49.98% | 230,060 | $30.37 |
| Q2 2023 | +55,212 | Add 24.00% | 285,272 | $26.08 |
| Q3 2023 | +3.46 M | Add 1213.16% | 3.75 M | $26.80 |
| Q4 2023 | -1,215 | Reduce 0.03% | 3.74 M | $33.14 |
| Q1 2024 | -1 M | Reduce 26.83% | 2.74 M | $35.92 |
| Q2 2024 | +1.68 M | Add 61.42% | 4.42 M | $35.25 |
| Q3 2024 | +255,880 | Add 5.79% | 4.68 M | $40.54 |
| Q4 2024 | +1.51 M | Add 32.22% | 6.19 M | $43.76 |
| Q1 2025 | +1.18 M | Add 19.08% | 7.37 M | $39.91 |
| Q2 2025 | -1.29 M | Reduce 17.48% | 6.08 M | $44.75 |
| Q3 2025 | -1.16 M | Reduce 19.01% | 4.92 M | $53.16 |
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 44 quarters since Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Citizens Financial Group, Inc. (CFG) was in Q4 2015, adding 7,578,465 shares worth $198.48 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 4,923,509 shares of Citizens Financial Group, Inc. (CFG), valued at approximately $261.73 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Citizens Financial Group, Inc. (CFG) represents approximately 0.17% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Citizens Financial Group, Inc. (CFG) was 7,578,465 shares, as reported at the end of Q4 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.