Institutional Manager · CIK 0000759944

CITIZENS FINANCIAL GROUP INC/RI

PROVIDENCE, RI · File #028-05954

Latest AUM

$7.46B

Positions

1,018

Top-10 Concentration

48.3%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	VANGUARD INDEX FDS	922908363	+566,421	+$355.2M	+$1.3M
ADD	VANGUARD INDEX FDS	922908744	+518,840	+$99.1M	+$262,865
ADD	VANGUARD INDEX FDS	922908629	+193,706	+$56.2M	-$11,994
ADD	VANGUARD INDEX FDS	922908751	+174,597	+$45.0M	+$5,363
NEW	QUANTA SVCS INC	74762E102	+55,797	+$23.5M	$0
EXITED	QUANTA SVCS INC	74762E106	-55,348	-$22.9M	$0
ADD	SELECT SECTOR SPDR TR	81369Y803	+138,363	+$19.9M	-$19.4M
ADD	VANGUARD INDEX FDS	922908553	+168,252	+$14.9M	-$460,636
ADD	ISHARES TR	464287200	+21,614	+$14.8M	+$6.2M
ADD	VANGUARD INDEX FDS	922908769	+41,462	+$13.9M	+$11,392

Sector Allocation

Technology

17.3%$1.29B

Financials

5.9%$441.7M

Healthcare

5.0%$373.3M

Consumer Discretionary

4.0%$302.1M

Industrials

3.7%$277.9M

Communication Services

1.9%$144.3M

1.2%$89.0M

1.1%$80.8M

0.5%$34.6M

0.3%$22.6M

0.0%$2.1M

Filing History

Jan 30, 202613F COMBINATION REPORTQ/E Dec 20251,018 pos · $7.46B
Oct 24, 202513F COMBINATION REPORTQ/E Sep 20251,007 pos · $7.30B
Aug 8, 202513F COMBINATION REPORTQ/E Jun 2025901 pos · $6.22B
May 9, 202513F COMBINATION REPORTQ/E Mar 2025807 pos · $5.07B
Feb 7, 202513F COMBINATION REPORTQ/E Dec 2024783 pos · $5.13B
Nov 8, 202413F COMBINATION REPORTQ/E Sep 2024770 pos · $4.97B
Aug 9, 202413F COMBINATION REPORTQ/E Jun 2024719 pos · $4.51B
May 17, 202413F COMBINATION REPORT (Amended)Q/E Mar 2024578 pos · $2.99B
May 10, 202413F COMBINATION REPORTQ/E Mar 2024564 pos · $2.90B
Nov 13, 202313F COMBINATION REPORTQ/E Dec 2023495 pos · $2.45B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908363	654,483	$410.4M	9.21%
2	APPLE INC	AAPL	1,134,106	$308.3M	6.92%
3	ISHARES TR	464287200	416,542	$285.3M	6.40%
4	NVIDIA CORP	NVDA	1,314,413	$245.1M	5.50%
5	MICROSOFT CORP	MSFT	438,453	$212.0M	4.76%
6	ALPHABET INC	GOOG	560,016	$175.3M	3.93%
7	ISHARES TR	46432F842	1,744,955	$156.1M	3.50%
8	ISHARES TR	464287507	1,901,480	$125.5M	2.81%
9	AMAZON COM INC	AMZN	533,391	$123.1M	2.76%
10	VANGUARD INDEX FDS	922908744	577,256	$110.3M	2.47%
11	VANGUARD TAX MANAGED INTL FD	921943858	1,734,336	$108.3M	2.43%
12	SPDR S&P 500 ETF TR	SPY	154,415	$105.3M	2.36%
13	MASTERCARD INC	MA	178,738	$102.0M	2.29%
14	JPMORGAN CHASE & CO	VYLD	308,639	$99.4M	2.23%
15	ISHARES TR	464287655	369,557	$91.0M	2.04%
16	BROADCOM INC	AVGO	232,167	$80.4M	1.80%
17	ISHARES INC	46434G103	1,173,300	$78.9M	1.77%
18	ISHARES TR	464287671	467,252	$78.5M	1.76%
19	APPLE INC	AAPL	280,973	$76.4M	1.71%
20	FACEBOOK INC	META	115,202	$76.0M	1.71%