Citizens Financial Services
CZFS
50 hedge funds and large institutions have $81.2M invested in Citizens Financial Services in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
57% more capital invested
Capital invested by funds: $51.9M → $81.2M (+$29.3M)
52% more funds holding
Funds holding: 33 → 50 (+17)
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
7.27% more ownership
Funds ownership: 16.24% → 23.51% (+7.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$18M |
| 2 |
State Street
Boston,
Massachusetts
|
+$4.53M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.64M |
| 4 |
TAM
Terrapin Asset Management
Miami,
Florida
|
+$3.12M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.92M |
| 2 |
Millennium Management
New York
|
-$2.02M |
| 3 |
Goldman Sachs
New York
|
-$526K |
| 4 |
Citigroup
New York
|
-$416K |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$361K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.92M | -36,061 | Closed |
|
|
52
Millennium Management
New York
| – | -$2.02M | -24,883 | Closed |
|
|
BCM
53
BlueCrest Capital Management
St Helier,
Jersey
| – | -$361K | -4,456 | Closed |
|
54
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$278K | -3,433 | Closed |
|
|
BAM
55
Belpointe Asset Management
Reno,
Nevada
| – | -$93.8K | -1,157 | Closed |
|
CZFS Hedge Fund Activity: Q2 2023 in Review
50 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Citizens Financial Services (CZFS) for Q2 2023, worth a combined $81.2M — up 57% from $51.9M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CZFS positions and 5 closed out — a net gain of 17 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $18M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.92M sold.
- 50 institutional investors held Citizens Financial Services (CZFS) as of Q2 2023, up from 33 in Q1 2023.
- Funds reported $81.2M of Citizens Financial Services stock for Q2 2023, up 57% quarter-over-quarter.
- 22 funds opened new Citizens Financial Services positions in Q2 2023 and 5 closed out, a net change of +17 holders.
- The largest Citizens Financial Services buyer in Q2 2023 was BlackRock, an estimated $18M added.
- The largest Citizens Financial Services seller in Q2 2023 was Susquehanna International Group, an estimated $2.92M sold.
Based on aggregated 13F filings for Q2 2023.