Citigroup Inc. Reduces Stake in Northern Trust Corporation

Asset manager's stock ownership down 20.5% in Q3 2026

Feb. 28, 2026 at 8:49am

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Citigroup Inc. has reduced its position in shares of Northern Trust Corporation (NASDAQ:NTRS) by 20.5% in the third quarter of 2026, according to a recent SEC filing. Citigroup now owns 116,427 shares of the asset manager's stock, down from 146,491 shares previously.

Why it matters

This transaction reflects changes in Citigroup's investment strategy and portfolio allocation for Northern Trust. As a major institutional investor, Citigroup's moves can signal broader market trends and investor sentiment around Northern Trust's performance and outlook.

The details

According to the SEC filing, Citigroup sold 30,064 shares of Northern Trust stock during the third quarter. The asset manager now owns about 0.06% of Northern Trust's outstanding shares, down from 0.08% previously. No other details were provided about Citigroup's rationale for reducing its Northern Trust position.

  • Citigroup filed the 13F report disclosing the stake reduction on February 28, 2026.
  • The share sale occurred during the third quarter of 2026.

The players

Citigroup Inc.

A major global financial services firm and institutional investor.

Northern Trust Corporation

A Chicago-based asset management and financial services company.

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The takeaway

This transaction suggests Citigroup has a more cautious outlook on Northern Trust's near-term prospects compared to its previous investment stance. However, Northern Trust remains a significant holding in Citigroup's portfolio, indicating the firm still sees long-term value in the asset manager's business.