Citizens, Inc.
US ˙ NYSE ˙ US1747401008

SecurityCIA / Citizens, Inc.
InstitutionEmpowered Funds, LLC
Latest Disclosed Ownership238,487 shares
Latest Disclosed Value $ 1,199,590
Empowered Funds, LLC reports 8.28% increase in ownership of CIA / Citizens, Inc.

On May 15, 2026 - Empowered Funds, LLC filed a 13F-HR form disclosing ownership of 238,487 shares of Citizens, Inc. (US:CIA) valued at $1,199,590 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 220,243 shares of Citizens, Inc.. This represents a change in shares of 8.28% during the quarter. The current value of the position is $1,221,053 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F CITIZENS CL A 174740100 238,487 18,244 8.28 1,200 12.79 0.0034
2026-02-11 2025-12-31 13F CITIZENS CL A 174740100 220,243 24,905 12.75 1,064 3.71 0.0085
2025-11-13 2025-09-30 13F CITIZENS CL A 174740100 195,338 22,736 13.17 1,026 70.27 0.0104
2025-08-11 2025-06-30 13F CITIZENS CL A 174740100 172,602 15,433 9.82 602 -15.80 0.0068
2025-05-16 2025-03-31 13F CITIZENS CL A 174740100 157,169 11,853 8.16 715 22.85 0.0102
2025-01-28 2024-12-31 13F CITIZENS CL A 174740100 145,316 7,035 5.09 583 16.40 0.0085
2024-11-06 2024-09-30 13F CITIZENS CL A 174740100 138,281 6,968 5.31 501 40.06 0.0079
2024-07-30 2024-06-30 13F CITIZENS CL A 174740100 131,313 9,360 7.68 357 37.31 0.0062
2024-05-07 2024-03-31 13F/A-1 CITIZENS CL A 174740100 121,953 9,112 8.08 261 -14.19 0.0047
2024-05-06 2024-03-31 13F CITIZENS CL A 174740100 121,953 9,112 261 0.0023
2024-02-14 2023-12-31 13F CITIZENS CL A 174740100 112,841 10,176 9.91 304 3.77 0.0076
2023-11-01 2023-09-30 13F CITIZENS CL A 174740100 102,665 8,374 8.88 293 28.63 0.0086
2023-07-27 2023-06-30 13F CITIZENS CL A 174740100 94,291 94,291 227 0.0080
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.