Citigroup Reduces Stake in Royal Gold

Investment firm sells 37,160 shares of precious metals company

Published on Mar. 2, 2026

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Citigroup Inc. lowered its stake in Royal Gold, Inc. (NASDAQ:RGLD) by 46.7% in the third quarter, according to a filing with the Securities and Exchange Commission (SEC). The firm sold 37,160 shares of the basic materials company's stock, leaving it with 42,481 shares worth approximately $8.5 million.

Why it matters

This transaction reflects Citigroup's reduced exposure to the precious metals industry, specifically Royal Gold, which is a leading streaming and royalty company in the gold and silver markets. The sale could signal Citigroup's view on the near-term outlook for the sector or a rebalancing of its investment portfolio.

The details

According to the SEC filing, Citigroup sold 37,160 shares of Royal Gold, reducing its total stake in the company by 46.7%. Prior to the sale, Citigroup owned 42,481 shares, or approximately 0.06% of Royal Gold's outstanding stock. The shares were sold at the prevailing market price, generating proceeds of around $8.5 million for Citigroup.

  • Citigroup reduced its stake in Royal Gold during the third quarter of the year.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation headquartered in New York City.

Royal Gold, Inc.

A precious metals streaming and royalty company based in Denver, Colorado that provides financing to mining operators in exchange for a percentage of future metal production.

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The takeaway

Citigroup's reduction in its Royal Gold stake suggests the investment firm may be reevaluating its exposure to the precious metals industry or rebalancing its overall portfolio. This transaction provides insight into how major financial institutions are viewing the current state and future outlook of the gold and silver markets.