Citizens Financial Group Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Citizens Financial Group Inc. reported 615 stock positions worth $5.1 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 7.4% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.7%) and iShares Core S&P Midcap ETF (IJH, 3.7%). Compared with Q4 2024, it opened 80 new positions, sold out of 43, added to 301 and reduced 207. The biggest buy was Mastercard Class A (MA, shares +879%) and the biggest sale Apple (AAPL, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- PROVIDENCE, RI
- CIK
- 0000759944
- Portfolio Value
- $5.1B (Q1 2025)
- SEC Filing
- 0000759944-25-000074 ↗ filed May 9, 2025
Holdings Value
Holdings 615 stocks · $5.1B
| VOO Vanguard S&P 500 ETF | 7.40% | 729,689 | $375.0M | Add +4.5% |
| IVV iShares Core S&P 500 ETF | 4.74% | 427,281 | $240.1M | Reduce -0.9% |
| IJH iShares Core S&P Midcap ETF | 3.67% | 3,184,865 | $185.8M | Add +3.7% |
| MSFT Microsoft Corp. | 3.40% | 459,597 | $172.5M | Add +2.4% |
| IEFA iShares Core MSCI Eafe ETF | 3.31% | 2,219,554 | $167.9M | Add +1.9% |
| NVDA Nvidia Corp. | 2.96% | 1,384,784 | $150.1M | Add +0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.83% | 256,658 | $143.6M | Add +6.7% |
| AAPL Apple Inc. | 2.73% | 623,212 | $138.4M | Reduce -30.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.30% | 674,093 | $116.4M | Add +2.0% |
| PG The Procter & Gamble Co. | 1.99% | 591,453 | $100.8M | Add +1.3% |
| IEMG iShares Core MSCI Emerging | 1.61% | 1,508,546 | $81.4M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 1.58% | 519,374 | $80.3M | Add +3.4% |
| IWM iShares Russell 2000 ETF | 1.58% | 401,120 | $80.0M | Add +1.6% |
| IUSG iShares Core S&P U.S. Growth | 1.53% | 611,919 | $77.8M | Reduce -8.2% |
| JPM JPMorgan Chase & Co. | 1.48% | 306,788 | $75.3M | Reduce -5.7% |
| MA Mastercard Inc. Class A | 1.43% | 132,668 | $72.7M | Add +879.3% |
| AMZN Amazon.com Inc. | 1.39% | 370,732 | $70.5M | Reduce -18.7% |
| META Meta Platforms Inc. Class A | 1.28% | 112,549 | $64.9M | Add +19.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.19% | 128,585 | $60.3M | Add +3.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.01% | 198,254 | $51.3M | Add +2.5% |
| VNQ Vanguard Real Estate ETF | 0.95% | 532,202 | $48.2M | Reduce -1.6% |
| LLY Eli Lilly & Co. | 0.92% | 56,465 | $46.6M | Add +4.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.89% | 203,758 | $45.2M | Add +3.9% |
| VEA Vanguard Ftse Developed ETF | 0.78% | 780,621 | $39.7M | Add +9.6% |
| XOM Exxon Mobil Corp. | 0.76% | 324,540 | $38.6M | Add +2.5% |
| EFA iShares MSCI Eafe ETF | 0.75% | 466,285 | $38.1M | Reduce -8.4% |
| HD Home Depot Inc. | 0.75% | 103,701 | $38.0M | Add +4.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.75% | 904,865 | $37.8M | Reduce -13.1% |
| V Visa Inc. Class A | 0.70% | 101,576 | $35.6M | Add +0.3% |
| ETN Eaton Corp. PLC | 0.61% | 113,720 | $30.9M | Add +18.7% |
| XLK SS Technology Select Sector | 0.58% | 141,212 | $29.2M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.57% | 320,445 | $28.8M | Add +38.5% |
| GOOG Alphabet Inc. Class C | 0.57% | 183,679 | $28.7M | Reduce -2.6% |
| AVGO Broadcom Inc. | 0.56% | 170,524 | $28.6M | Add +47.0% |
| SUB iShares Short-Term National | 0.55% | 264,766 | $28.0M | Reduce -22.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.52% | 328,216 | $26.4M | Add +13.0% |
| ORCL Oracle Corp. | 0.52% | 187,662 | $26.2M | Reduce -1.5% |
| KO The Coca-Cola Co. | 0.51% | 361,164 | $26.0M | Add +6.7% |
| COST Costco Wholesale Corp. | 0.51% | 27,126 | $25.7M | Add +4.6% |
| JNJ Johnson & Johnson | 0.50% | 152,711 | $25.3M | Reduce -3.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.49% | 267,421 | $25.0M | Reduce -2.5% |
| PEP Pepsico Inc. | 0.49% | 166,185 | $24.9M | Reduce -10.3% |
| MDY State Street SPDR S&P Midcap | 0.49% | 46,445 | $24.8M | Reduce -0.2% |
| SCHF Schwab Intl Equity ETF | 0.48% | 1,224,399 | $24.2M | Reduce -4.9% |
| UNH Unitedhealth Group Inc. | 0.48% | 46,038 | $24.1M | Add +2.4% |
| GS Goldman Sachs Group Inc. | 0.47% | 43,970 | $24.0M | Add +2.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.47% | 391,186 | $23.7M | Reduce -1.4% |
| NNE Nano Nuclear Energy Inc. | 0.46% | 880,000 | $23.3M | Reduce -2.2% |
| ABBV Abbvie Inc. | 0.46% | 110,616 | $23.2M | Reduce -1.9% |
| CRM Salesforce Inc. | 0.45% | 84,259 | $22.6M | Add +0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.44% | 228,094 | $22.5M | Add +2.6% |
| HCA HCA Healthcare Inc. | 0.44% | 64,990 | $22.5M | Add +117.4% |
| SYK Stryker Corp. | 0.43% | 57,920 | $21.6M | Add +3.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 39,286 | $20.9M | Reduce -35.6% |
| WFC Wells Fargo & Co. | 0.40% | 284,194 | $20.4M | Add +73.2% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 192,827 | $20.2M | Add +0.8% |
| PH Parker Hannifin Corp. | 0.40% | 32,935 | $20.0M | Add +10.6% |
| COP Conocophillips | 0.39% | 189,976 | $20.0M | Add +135.1% |
| XLF SS Financial Select Sector | 0.39% | 395,280 | $19.7M | Add +3.6% |
| FDN First Trust DJ Internet Ind | 0.39% | 88,492 | $19.7M | Reduce -2.3% |
| IWV iShares Russell 3000 ETF | 0.39% | 61,517 | $19.5M | Add +15.1% |
| TSLA Tesla Inc. | 0.37% | 72,240 | $18.7M | Add +22.5% |
| HON Honeywell International Inc. | 0.37% | 88,086 | $18.7M | Reduce -5.5% |
| CSCO Cisco Systems Inc. | 0.36% | 291,881 | $18.0M | Add +7.3% |
| CFG Citizens Financial Group | 0.35% | 426,997 | $17.5M | Reduce -3.7% |
| URI United Rentals Inc. | 0.34% | 27,542 | $17.3M | Add +100.4% |
| VWO Vanguard Ftse Emerging Marke | 0.34% | 380,730 | $17.2M | Reduce -16.4% |
| MUB iShares National Muni Bond E | 0.34% | 162,024 | $17.1M | Reduce -0.2% |
| LIN Linde PLC | 0.33% | 36,398 | $16.9M | Add +0.5% |
| WMT Walmart Inc. | 0.33% | 190,923 | $16.8M | Add +1.5% |
| TARGET CORP | 0.33% | 159,587 | $16.7M | Add +86.4% |
| IVW iShares S&P 500 Growth ETF | 0.32% | 176,664 | $16.4M | Reduce -11.2% |
| VGSH Vanguard Short-Term Treasury | 0.31% | 268,957 | $15.8M | New |
| VIG Vanguard Dividend Apprec ETF | 0.31% | 80,716 | $15.7M | Reduce -3.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.30% | 125,141 | $15.2M | Reduce -0.4% |
| QQQM Invesco Nasdaq 100 ETF | 0.30% | 77,743 | $15.0M | Add +8.5% |
| JPST JPMorgan Ultra-Short Income | 0.29% | 290,872 | $14.7M | Reduce -0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.28% | 28,989 | $14.4M | Reduce -2.4% |
| NEE Nextera Energy Inc. | 0.28% | 201,847 | $14.3M | Add +2.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.27% | 163,677 | $13.7M | Add +31.3% |
| ACN Accenture PLC Class A | 0.27% | 43,430 | $13.6M | Reduce -1.4% |
| IEI iShares 3-7 Year Treasury Bo | 0.26% | 113,269 | $13.4M | Add +5374.6% |
| IWF iShares Russell 1000 Growth | 0.26% | 36,710 | $13.3M | Add +3.9% |
| EEM iShares MSCI Emerging Market | 0.25% | 291,758 | $12.7M | Add +1.4% |
| TMUS T-Mobile US Inc. | 0.25% | 47,797 | $12.7M | Reduce -0.2% |
| ABT Abbott Laboratories | 0.25% | 93,887 | $12.5M | Reduce -19.9% |
| VZ Verizon Communications Inc. | 0.24% | 265,659 | $12.1M | Add +225.3% |
| IVE iShares S&P 500 Value ETF | 0.23% | 61,736 | $11.8M | Reduce -4.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 31,459 | $11.7M | Reduce -1.3% |
| EBAY eBay Inc. | 0.22% | 166,953 | $11.3M | Add +41.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 40,646 | $11.2M | Add +2.5% |
| PWR Quanta Services Inc. | 0.22% | 43,930 | $11.2M | Reduce -18.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.22% | 22,810 | $11.1M | Add +0.5% |
| MAR Marriott International Class A | 0.21% | 45,628 | $10.9M | Add +3.7% |
| FPEI First Trust Institutional PR | 0.21% | 574,115 | $10.7M | Reduce -1.4% |
| T AT&T Inc. | 0.21% | 372,027 | $10.5M | Reduce -33.7% |
| CVX Chevron Corp. | 0.21% | 62,487 | $10.5M | Add +1.5% |
| AON Aon PLC Class A | 0.21% | 26,082 | $10.4M | Add +3.6% |
| ADBE Adobe Inc. | 0.20% | 26,997 | $10.4M | Add +2.2% |
| TRAVELERS COMPANIES INC | 0.20% | 37,925 | $10.0M | Reduce -1.7% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -30.2% | 2.73% | −1.63 |
| AMZN Amazon.com Inc. | Reduce -18.7% | 1.39% | −0.56 |
| AXP American Express Co. | Reduce -74.0% | 0.12% | −0.38 |
| IUSG iShares Core S&P U.S. Growth | Reduce -8.2% | 1.53% | −0.28 |
| IVV iShares Core S&P 500 ETF | Reduce -0.9% | 4.74% | −0.21 |
| AMAT Applied Materials Inc. | Reduce -67.7% | 0.08% | −0.20 |
| CEG Constellation Energy | Reduce -79.2% | 0.05% | −0.19 |
| STZ Constellation Brands Inc. Class A | Reduce -76.1% | 0.05% | −0.18 |
| SUB iShares Short-Term National | Reduce -22.9% | 0.55% | −0.15 |
| BAC Bank of America Corp. | Reduce -13.1% | 0.75% | −0.15 |
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 0.57% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -35.6% | 0.41% | −0.13 |
| ANET Arista Networks Inc. | Reduce -61.3% | 0.05% | −0.13 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -74.4% | 0.04% | −0.11 |
| PWR Quanta Services Inc. | Reduce -18.1% | 0.22% | −0.11 |
| ORCL Oracle Corp. | Reduce -1.5% | 0.52% | −0.10 |
| FCX Freeport-McMoran Inc. | Reduce -73.0% | 0.04% | −0.10 |
| TXT Textron Inc. | Reduce -95.0% | 0.00% | −0.09 |
| GD General Dynamics Corp. | Reduce -65.8% | 0.05% | −0.08 |
| LZ Legalzoomcom Inc. | Sold out | 0.00% | −0.08 |
| ADP Automatic Data Processing | Reduce -67.0% | 0.04% | −0.08 |
| NEM Newmont Corp. | Reduce -86.5% | 0.02% | −0.08 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -60.5% | 0.05% | −0.08 |
| IVW iShares S&P 500 Growth ETF | Reduce -11.2% | 0.32% | −0.07 |
| ESML iShares ESG Aware MSCI USA S | Reduce -40.4% | 0.09% | −0.07 |
| PEP Pepsico Inc. | Reduce -10.3% | 0.49% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -19.8% | 0.17% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -16.4% | 0.34% | −0.05 |
| ATO Atmos Energy Corp. | Reduce -71.7% | 0.02% | −0.05 |
| HON Honeywell International Inc. | Reduce -5.5% | 0.37% | −0.04 |
| FDN First Trust DJ Internet Ind | Reduce -2.3% | 0.39% | −0.04 |
| T AT&T Inc. | Reduce -33.7% | 0.21% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -5.7% | 1.48% | −0.04 |
| ACN Accenture PLC Class A | Reduce -1.4% | 0.27% | −0.03 |
| ESGD iShares Trust iShares ESG Aw | Reduce -22.2% | 0.19% | −0.03 |
| CFG Citizens Financial Group | Reduce -3.7% | 0.35% | −0.03 |
| SYY Sysco Corp. | Reduce -31.3% | 0.07% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -20.3% | 0.14% | −0.03 |
| OEF iShares S&P 100 ETF | Reduce -19.5% | 0.10% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -41.8% | 0.04% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -0.2% | 0.49% | −0.03 |
| DAL Delta Air Lines Inc. | Reduce -0.0% | 0.07% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.3% | 0.23% | −0.02 |
| BLK BlackRock Inc. | Reduce -15.8% | 0.07% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -78.8% | 0.00% | −0.02 |
| BOXX Alpha Architect 1-3 MNTH Box | Sold out | 0.00% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.4% | 0.28% | −0.02 |
| AMGN Amgen Inc. | Reduce -35.3% | 0.06% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -23.2% | 0.03% | −0.02 |
| GVI iShares Intermediate Governm | Reduce -38.2% | 0.03% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| MA Mastercard Inc. Class A | Add +879.3% | 1.43% | +1.30 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.9% | 3.31% | +0.33 |
| VGSH Vanguard Short-Term Treasury | New | 0.31% | +0.31 |
| HCA HCA Healthcare Inc. | Add +117.4% | 0.44% | +0.27 |
| IEI iShares 3-7 Year Treasury Bo | Add +5374.6% | 0.26% | +0.26 |
| COP Conocophillips | Add +135.1% | 0.39% | +0.24 |
| META Meta Platforms Inc. Class A | Add +19.9% | 1.28% | +0.21 |
| TLT iShares 20+ Year Treasury BD | New | 0.18% | +0.18 |
| WFC Wells Fargo & Co. | Add +73.2% | 0.40% | +0.18 |
| VZ Verizon Communications Inc. | Add +225.3% | 0.24% | +0.17 |
| BKR Baker Hughes Co. | New | 0.16% | +0.16 |
| GIS General Mills Inc. | Add +2404.6% | 0.17% | +0.16 |
| IEF iShares 7-10 Year Treasury B | New | 0.16% | +0.16 |
| URI United Rentals Inc. | Add +100.4% | 0.34% | +0.15 |
| SCHP Schwab U.S. Tips ETF | New | 0.15% | +0.15 |
| RSG Republic Services Inc. | Add +510.1% | 0.16% | +0.13 |
| TAIL Cambria Tail Risk ETF | New | 0.12% | +0.12 |
| MRK Merck & Co. Inc. | Add +38.5% | 0.57% | +0.12 |
| VEA Vanguard Ftse Developed ETF | Add +9.6% | 0.78% | +0.12 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.0% | 2.30% | +0.12 |
| LLY Eli Lilly & Co. | Add +4.5% | 0.92% | +0.11 |
| TARGET CORP | Add +86.4% | 0.33% | +0.10 |
| KO The Coca-Cola Co. | Add +6.7% | 0.51% | +0.10 |
| KLAC KLA Corp. | Add +864.4% | 0.11% | +0.10 |
| IAU iShares Gold Trust | Add +316.6% | 0.12% | +0.10 |
| XOM Exxon Mobil Corp. | Add +2.5% | 0.76% | +0.10 |
| PSQ Proshares Short QQQ | New | 0.09% | +0.09 |
| BNY Bank of New York Mellon Corp. | Add +31.3% | 0.27% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.7% | 2.83% | +0.08 |
| EBAY eBay Inc. | Add +41.7% | 0.22% | +0.08 |
| PG The Procter & Gamble Co. | Add +1.3% | 1.99% | +0.08 |
| V Visa Inc. Class A | Add +0.3% | 0.70% | +0.08 |
| SNOW Snowflake Inc. | Add +109.7% | 0.14% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +4.5% | 7.40% | +0.07 |
| DBA Invesco DB Agriculture Fund | New | 0.06% | +0.06 |
| GLD SPDR Gold Shares | Add +34.6% | 0.14% | +0.06 |
| NOC Northrop Grumman Corp. | Add +53.1% | 0.13% | +0.05 |
| NFLX Netflix Inc. | Add +29.1% | 0.17% | +0.05 |
| XLE SS Energy Select Sector | Add +94.9% | 0.09% | +0.05 |
| JEPI JPMorgan Equity Premium Inco | Add +180.1% | 0.07% | +0.05 |
| SLV iShares Silver Trust | New | 0.05% | +0.05 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +9.1% | 0.19% | +0.04 |
| COST Costco Wholesale Corp. | Add +4.6% | 0.51% | +0.04 |
| CSCO Cisco Systems Inc. | Add +7.3% | 0.36% | +0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.5% | 0.22% | +0.04 |
| SJB Proshares Short High Yield | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +47.0% | 0.56% | +0.04 |
| LIN Linde PLC | Add +0.5% | 0.33% | +0.04 |
| UBER Uber Technologies Inc. | Add +3.3% | 0.18% | +0.04 |
| GRAB Grab Holdings Ltd. Class A | New | 0.04% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,047 | $8.3B | VOO, AAPL, IVV, NVDA, GOOGL |
| Q1 2026 | 836 | $7.2B | VOO, AAPL, IVV, NVDA, MSFT |
| Q4 2025 | 813 | $7.5B | VOO, AAPL, IVV, NVDA, MSFT |
| Q3 2025 | 796 | $7.3B | VOO, AAPL, NVDA, MSFT, IVV |
| Q2 2025 | 692 | $6.2B | VOO, MSFT, IVV, NVDA, AAPL |
| Q1 2025 | 615 | $5.1B | VOO, IVV, IJH, MSFT, IEFA |
| Q4 2024 | 578 | $5.1B | VOO, IVV, AAPL, IJH, MSFT |
| Q3 2024 | 561 | $5.0B | VOO, IVV, AAPL, MSFT, IJH |
| Q2 2024 | 527 | $4.5B | VOO, IVV, MSFT, IJH, AAPL |
| Q1 2024Amended | 404 | $3.0B | VOO, IVV, IJH, IEFA, MSFT |