Citigroup Reduces Stake in Coeur Mining

Institutional investor cuts holdings in basic materials company by over 60%

Published on Mar. 5, 2026

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Citigroup Inc. reduced its holdings in Coeur Mining, Inc. (NYSE:CDE) by 61.5% during the 3rd quarter, according to the company's recent SEC filing. Citigroup previously owned 218,629 shares of the basic materials company's stock, valued at $4,101,000, but sold 349,924 shares during the quarter.

Why it matters

Coeur Mining is a major precious metals mining company, so changes in institutional ownership can signal broader market sentiment around the company and the mining industry as a whole. Citigroup's significant reduction in its Coeur Mining stake suggests the investment bank may have a more bearish outlook on the company's prospects.

The details

According to the SEC filing, Citigroup sold off over 60% of its position in Coeur Mining during the 3rd quarter of the year. The bank previously held 218,629 shares, valued at $4,101,000, but reduced its holdings to just 68,705 shares. The move comes as Coeur Mining has seen its stock price fluctuate in recent months, with the share price ranging from around $18 to $27 over the past year.

  • Citigroup reduced its Coeur Mining holdings during the 3rd quarter of 2026.

The players

Citigroup Inc.

A major global investment bank and financial services company.

Coeur Mining, Inc.

A publicly traded precious metals mining company headquartered in Chicago, Illinois that specializes in the exploration, development and production of silver and gold.

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The takeaway

Citigroup's significant reduction in its Coeur Mining stake suggests the investment bank may have a more bearish outlook on the company and the broader mining industry. This could signal potential challenges ahead for Coeur Mining and other precious metals producers.