Citigroup Cuts Stake in Autonomous Driving Firm Pony AI

Institutional investor reduces holdings in self-driving tech company by over 80%

Published on Mar. 8, 2026

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Citigroup Inc. has significantly reduced its stake in Pony AI Inc., an autonomous driving technology company, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor sold off over 80% of its holdings in Pony AI during the third quarter.

Why it matters

Pony AI is a prominent player in the rapidly evolving autonomous vehicle industry, with operations in the U.S. and China. Citigroup's decision to substantially cut its investment in the company could signal broader shifts in investor sentiment or strategic priorities within the self-driving tech space.

The details

According to the 13F filing, Citigroup owned 111,616 shares of Pony AI as of the end of the third quarter, down from 605,764 shares held previously. This represents an 81.6% reduction in the institutional investor's position in the company. Pony AI's stock price has fluctuated in recent months, opening at $12.48 on the latest trading day.

  • Citigroup reduced its Pony AI holdings in the third quarter of 2026.
  • Pony AI's stock price opened at $12.48 on the latest trading day.

The players

Citigroup Inc.

A major American multinational investment bank and financial services corporation.

Pony AI Inc.

An autonomous driving technology company with operations in the U.S. and China.

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The takeaway

Citigroup's substantial reduction in its Pony AI holdings could signal broader shifts in investor sentiment or strategic priorities within the self-driving tech industry, which continues to evolve rapidly.