Citigroup Trims Stake in Jackson Financial

Asset manager reduces position in insurance company by 21.9% in Q3

Published on Feb. 27, 2026

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Citigroup Inc. decreased its position in Jackson Financial Inc. (NYSE:JXN) by 21.9% during the third quarter, according to the company's disclosure with the SEC. Citigroup owned approximately 0.27% of Jackson Financial, with 189,444 shares worth $19,177,000 at the end of the quarter.

Why it matters

This filing provides insight into the investment strategies of major institutional investors like Citigroup and their views on the performance and prospects of Jackson Financial, a prominent insurance and financial services company.

The details

Citigroup sold 53,179 shares of Jackson Financial during the third quarter, reducing its total position to 189,444 shares. Other large investors have also made changes to their Jackson Financial holdings, with some increasing and others decreasing their positions.

  • Citigroup reduced its Jackson Financial stake in Q3 2022.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

Jackson Financial Inc.

A U.S.-based financial services holding company that specializes in designing and distributing retirement products.

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The takeaway

This filing highlights the shifting investment landscape around Jackson Financial, as major institutional investors like Citigroup adjust their positions in the company. It provides a window into how large asset managers are viewing the insurance and retirement products sector.