Richard Pzena's C Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 10.62 M shares of Citigroup Inc. (C) worth $1.24 B, representing 3.71% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Richard Pzena has maintained a long-term strategic position in C, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2022, adding 3.35 M shares. Largest reduction occurred in Q4 2025, reducing 1.92 M shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Citigroup (C) Holding Value Over Time
Track share changes against reported price movement
Quarterly Citigroup (C) Trades by Richard Pzena
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -1.92 M | Reduce 15.30% | 10.62 M | $116.69 |
| Q3 2025 | -1.04 M | Reduce 7.68% | 12.53 M | $101.50 |
| Q2 2025 | +242,560 | Add 1.82% | 13.57 M | $85.12 |
| Q1 2025 | -402,041 | Reduce 2.93% | 13.33 M | $70.99 |
| Q4 2024 | -1.39 M | Reduce 9.20% | 13.73 M | $70.39 |
| Q3 2024 | -191,159 | Reduce 1.25% | 15.13 M | $62.60 |
| Q2 2024 | -1 M | Reduce 6.16% | 15.32 M | $63.46 |
| Q1 2024 | -528,120 | Reduce 3.13% | 16.32 M | $63.24 |
| Q4 2023 | +223,206 | Add 1.34% | 16.85 M | $51.44 |
| Q3 2023 | +486,952 | Add 3.02% | 16.63 M | $41.13 |
| Q2 2023 | -280,483 | Reduce 1.71% | 16.14 M | $46.04 |
| Q1 2023 | +267,712 | Add 1.66% | 16.42 M | $46.89 |
| Q4 2022 | +869,737 | Add 5.69% | 16.15 M | $45.23 |
| Q3 2022 | -50,865 | Reduce 0.33% | 15.28 M | $41.67 |
| Q2 2022 | +3.35 M | Add 27.99% | 15.33 M | $45.99 |
| Q1 2022 | +704,104 | Add 6.24% | 11.98 M | $53.40 |
| Q4 2021 | +820,219 | Add 7.84% | 11.28 M | $60.39 |
| Q3 2021 | +242,705 | Add 2.38% | 10.46 M | $70.18 |
| Q2 2021 | +554,290 | Add 5.74% | 10.21 M | $70.75 |
| Q1 2021 | -36,439 | Reduce 0.38% | 9.66 M | $72.75 |
| Q4 2020 | +1.16 M | Add 13.57% | 9.7 M | $61.66 |
| Q3 2020 | +968,011 | Add 12.79% | 8.54 M | $43.11 |
| Q2 2020 | -351,967 | Reduce 4.44% | 7.57 M | $51.10 |
| Q1 2020 | +340,776 | Add 4.50% | 7.92 M | $42.12 |
| Q4 2019 | -42,763 | Reduce 0.56% | 7.58 M | $79.89 |
| Q3 2019 | -174,146 | Reduce 2.23% | 7.62 M | $69.08 |
| Q2 2019 | -52,320 | Reduce 0.67% | 7.8 M | $70.03 |
| Q1 2019 | -335,048 | Reduce 4.09% | 7.85 M | $62.22 |
| Q4 2018 | +514,132 | Add 6.70% | 8.18 M | $52.06 |
| Q3 2018 | -250,256 | Reduce 3.16% | 7.67 M | $71.74 |
| Q2 2018 | -287,308 | Reduce 3.50% | 7.92 M | $66.92 |
| Q1 2018 | -155,709 | Reduce 1.86% | 8.21 M | $67.50 |
| Q4 2017 | +42,595 | Add 0.51% | 8.36 M | $74.41 |
| Q3 2017 | -45,018 | Reduce 0.54% | 8.32 M | $72.74 |
| Q2 2017 | -25,366 | Reduce 0.30% | 8.37 M | $66.88 |
| Q1 2017 | -117,632 | Reduce 1.38% | 8.39 M | $59.82 |
| Q4 2016 | -565,518 | Reduce 6.23% | 8.51 M | $59.43 |
| Q3 2016 | -572,147 | Reduce 5.93% | 9.07 M | $47.23 |
| Q2 2016 | -216,305 | Reduce 2.19% | 9.65 M | $42.39 |
| Q1 2016 | +786,744 | Add 8.67% | 9.86 M | $41.75 |
| Q4 2015 | -234,366 | Reduce 2.52% | 9.08 M | $51.75 |
| Q3 2015 | -251,234 | Reduce 2.63% | 9.31 M | $49.61 |
| Q2 2015 | -200,251 | Reduce 2.05% | 9.56 M | $55.24 |
| Q1 2015 | -143,753 | Reduce 1.45% | 9.76 M | $51.52 |
| Q4 2014 | -246,299 | Reduce 2.43% | 9.91 M | $54.11 |
| Q3 2014 | +84,278 | Add 0.84% | 10.15 M | $51.82 |
| Q2 2014 | +93,778 | Add 0.94% | 10.07 M | $47.10 |
| Q1 2014 | +1.94 M | Add 24.22% | 9.97 M | $47.60 |
| Q4 2013 | -43,747 | Reduce 0.54% | 8.03 M | $52.11 |
| Q3 2013 | -349,222 | Reduce 4.15% | 8.07 M | $48.51 |
| Q2 2013 | +8.42 M | Add 0.00% | 8.42 M | $47.97 |
Richard Pzena's Citigroup Investment FAQs
Richard Pzena first purchased Citigroup Inc. (C) in Q2 2013, acquiring 8,422,933 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena has held Citigroup Inc. (C) for 51 quarters since Q2 2013.
Richard Pzena's largest addition to Citigroup Inc. (C) was in Q2 2013, adding 8,422,933 shares worth $404.05 M.
According to the latest 13F filing for Q4 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 10,615,134 shares of Citigroup Inc. (C), valued at approximately $1.24 B.
As of the Q4 2025 filing, Citigroup Inc. (C) represents approximately 3.71% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings.
Richard Pzena's peak holding in Citigroup Inc. (C) was 16,850,636 shares, as reported at the end of Q4 2023.