13F Portfolios

PZENA INVESTMENT MANAGEMENT LLC — CITIGROUP INC C: Quarterly 13F Position History

PZENA INVESTMENT MANAGEMENT LLC has reported CITIGROUP INC (C) on 40 13F-HR filings in Pactolio's tracked window, first appearing in Q2 2016. As of Q1 2026, the position is sized at 8,175,364 shares ($927.2M market value, 3.01% of the equity book). Quarter-over-quarter share count change: 2,439,770 (-23.0%) .

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 40 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 8,175,364 2,439,770 -23.0% $927.2M 3.01% $113.41
Q4 2025 10,615,134 1,916,869 -15.3% $1.24B 3.71% $116.69
Q3 2025 12,532,003 1,042,697 -7.7% $1.27B 4.11% $101.50
Q2 2025 13,574,700 +242,560 +1.8% $1.16B 3.76% $85.12
Q1 2025 13,332,140 402,041 -2.9% $946.4M 3.30% $70.99
Q4 2024 13,734,181 1,392,384 -9.2% $966.7M 3.29% $70.39
Q3 2024 15,126,565 191,159 -1.2% $946.9M 3.05% $62.60
Q2 2024 15,317,724 1,004,792 -6.2% $972.1M 3.42% $63.46
Q1 2024 16,322,516 528,120 -3.1% $1.03B 3.54% $63.24
Q4 2023 16,850,636 +223,206 +1.3% $866.8M 3.26% $51.44
Q3 2023 16,627,430 +486,952 +3.0% $683.9M 2.94% $41.13
Q2 2023 16,140,478 280,483 -1.7% $743.1M 3.17% $46.04
Q1 2023 16,420,961 +267,712 +1.7% $770.0M 3.32% $46.89
Q4 2022 16,153,249 +869,737 +5.7% $730.6M 3.23% $45.23
Q3 2022 15,283,512 50,865 -0.3% $636.9M 3.16% $41.67
Q2 2022 15,334,377 +3,353,371 +28.0% $705.2M 3.16% $45.99
Q1 2022 11,981,006 +704,104 +6.2% $639.8M 2.42% $53.40
Q4 2021 11,276,902 +820,219 +7.8% $681.0M 2.57% $60.39
Q3 2021 10,456,683 +242,705 +2.4% $733.9M 2.90% $70.18
Q2 2021 10,213,978 +554,290 +5.7% $722.6M 2.81% $70.75
Q1 2021 9,659,688 36,439 -0.4% $702.7M 2.86% $72.75
Q4 2020 9,696,127 +1,158,746 +13.6% $597.9M 2.82% $61.66
Q3 2020 8,537,381 +968,011 +12.8% $368.0M 2.30% $43.11
Q2 2020 7,569,370 351,967 -4.4% $386.8M 2.52% $51.10
Q1 2020 7,921,337 +340,776 +4.5% $333.6M 2.52% $42.12
Q4 2019 7,580,561 42,763 -0.6% $605.6M 2.83% $79.89
Q3 2019 7,623,324 174,146 -2.2% $526.6M 2.87% $69.08
Q2 2019 7,797,470 52,320 -0.7% $546.1M 2.88% $70.03
Q1 2019 7,849,790 335,048 -4.1% $488.4M 2.66% $62.22
Q4 2018 8,184,838 +514,132 +6.7% $426.1M 2.49% $52.06
Q3 2018 7,670,706 250,256 -3.2% $550.3M 2.68% $71.74
Q2 2018 7,920,962 287,308 -3.5% $530.1M 2.66% $66.92
Q1 2018 8,208,270 155,709 -1.9% $554.1M 2.82% $67.50
Q4 2017 8,363,979 +42,595 +0.5% $622.4M 3.05% $74.41
Q3 2017 8,321,384 45,018 -0.5% $605.3M 3.20% $72.74
Q2 2017 8,366,402 25,366 -0.3% $559.5M 3.06% $66.88
Q1 2017 8,391,768 117,632 -1.4% $502.0M 2.83% $59.82
Q4 2016 8,509,400 565,518 -6.2% $505.7M 2.88% $59.43
Q3 2016 9,074,918 572,147 -5.9% $428.6M 2.62% $47.23
Q2 2016 9,647,065 $408.9M 2.56% $42.39

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did PZENA INVESTMENT MANAGEMENT LLC first disclose a C position in 13F-HR filings?

PZENA INVESTMENT MANAGEMENT LLC first reported CITIGROUP INC (C) on its 13F-HR filing for the period ending 2016-06-30 (Q2 2016). The position has appeared on 40 reported quarters within Pactolio's tracked window.

What was PZENA INVESTMENT MANAGEMENT LLC's most recent quarter-over-quarter share-count change in C?

Between Q4 2025 and Q1 2026, PZENA INVESTMENT MANAGEMENT LLC reduced its C position by 2,439,770 shares (-23.0%), leaving 8,175,364 shares at a market value of $927.2M.

Does the implied price-per-share represent PZENA INVESTMENT MANAGEMENT LLC's cost basis in C?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.