Citizens Financial Services
CZFS
46 hedge funds and large institutions have $51.2M invested in Citizens Financial Services in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 7 closing their positions.
0.32% less ownership
Funds ownership: 23.51% → 23.19% (-0.32%)
8% less funds holding
Funds holding: 50 → 46 (-4)
37% less capital invested
Capital invested by funds: $81.2M → $51.2M (-$30M)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$4.03M |
| 2 |
LPL Financial
San Diego,
California
|
+$336K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$182K |
| 4 |
State Street
Boston,
Massachusetts
|
+$132K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.68M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.53M |
| 3 |
BlackRock
New York
|
-$625K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$620K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$288K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFIM
51
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$226K | -3,098 | Closed |
|
52
Osaic Holdings
Scottsdale,
Arizona
| – | -$51.5K | -742 | Closed |
|
53
Lazard Asset Management
New York
| – | -$21K | -293 | Closed |
|
CZFS Hedge Fund Activity: Q3 2023 in Review
46 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Citizens Financial Services (CZFS) for Q3 2023, worth a combined $51.2M — down 37% from $81.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CZFS and 4 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 12 added.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $4.03M. The largest seller was AllianceBernstein, cutting an estimated $1.68M.
- 46 institutional investors held Citizens Financial Services (CZFS) as of Q3 2023, down from 50 in Q2 2023.
- Funds reported $51.2M of Citizens Financial Services stock for Q3 2023, down 37% quarter-over-quarter.
- 4 funds opened new Citizens Financial Services positions in Q3 2023 and 7 closed out, a net change of -3 holders.
- The largest Citizens Financial Services buyer in Q3 2023 was Fourthstone LLC, an estimated $4.03M added.
- The largest Citizens Financial Services seller in Q3 2023 was AllianceBernstein, an estimated $1.68M sold.
Based on aggregated 13F filings for Q3 2023.