Brevan Howard Boosts Stake in Citizens Financial Group

Hedge fund increases position in bank by 179% in third quarter

Mar. 16, 2026 at 8:53am

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Brevan Howard Capital Management LP raised its position in Citizens Financial Group, Inc. (NYSE:CFG) by 179.2% during the third quarter, according to a recent SEC filing. The firm now owns 76,119 shares of the bank's stock, up from 27,267 shares previously.

Why it matters

The significant increase in Brevan Howard's stake in Citizens Financial Group suggests the hedge fund sees potential upside in the bank's stock. As a major institutional investor, Brevan Howard's moves can influence market sentiment and potentially drive share price movements.

The details

Brevan Howard acquired an additional 48,852 shares of Citizens Financial Group in the third quarter, bringing its total position to 76,119 shares worth $4.05 million. The hedge fund's increased stake represents a 179.2% jump from the prior quarter. Citizens Financial Group is a regional bank headquartered in Providence, Rhode Island that provides a range of banking and financial services.

  • Brevan Howard increased its stake in Citizens Financial Group during the third quarter of 2026.

The players

Brevan Howard Capital Management LP

A major hedge fund that manages over $20 billion in assets.

Citizens Financial Group, Inc.

A regional bank headquartered in Providence, Rhode Island that provides banking and financial services.

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The takeaway

Brevan Howard's significant increase in its stake in Citizens Financial Group suggests the hedge fund sees strong potential in the bank's stock. As a major institutional investor, Brevan Howard's moves can influence market sentiment and potentially drive share price movements.