Citigroup Reduces Stake in BankUnited

Financial services giant sells over 100,000 shares of regional bank

Published on Mar. 5, 2026

Got story updates? Submit your updates here. ›

Citigroup Inc. has reduced its stake in BankUnited, Inc. (NYSE:BKU) by 47.3% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm sold 104,469 shares, leaving it with 116,336 shares worth $4.44 million at the end of the reporting period.

Why it matters

This transaction highlights Citigroup's portfolio adjustments and reduced exposure to BankUnited, a regional financial services provider based in Miami Lakes, Florida. The sale comes as BankUnited's stock has seen increased analyst coverage and price target adjustments in recent months.

The details

According to the 13F filing, Citigroup sold 104,469 shares of BankUnited, reducing its stake in the company by 47.3%. Citigroup now owns approximately 116,336 shares, or 0.15% of BankUnited's outstanding stock. The sale comes after several institutional investors and hedge funds have modified their holdings in BankUnited, with some increasing their positions and others, like Citigroup, decreasing their exposure.

  • Citigroup reduced its BankUnited stake during the third quarter of the reporting period.

The players

Citigroup Inc.

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

BankUnited, Inc.

A bank holding company based in Miami Lakes, Florida that operates through its subsidiary BankUnited, National Association, providing commercial banking products and services.

Got photos? Submit your photos here. ›

The takeaway

Citigroup's reduced stake in BankUnited is part of the financial giant's ongoing portfolio management, as it adjusts exposure to regional banks like BankUnited. This transaction provides insight into the shifting dynamics within the banking sector as institutions rebalance their holdings.