Citigroup Decreases Stake in Sun Communities Real Estate Trust

Institutional investor sells off nearly 13,000 shares of the REIT in Q3 2025

Published on Feb. 28, 2026

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Citigroup Inc. decreased its position in Sun Communities, Inc. (NYSE:SUI) by 8.7% in the 3rd quarter of 2025, according to the company's most recent filing with the Securities and Exchange Commission. Citigroup's fund now owns 134,972 shares of the real estate investment trust's stock, down from 147,866 shares held previously.

Why it matters

Sun Communities is a major owner and operator of manufactured housing communities and recreational vehicle resorts across the United States. As a REIT, the company's stock performance and ownership structure are closely watched by investors and analysts as indicators of the broader real estate market.

The details

Citigroup sold 12,894 shares of Sun Communities stock during the third quarter, reducing its overall stake in the REIT to about 0.11% of shares outstanding. The move comes as Sun Communities' stock has seen modest gains over the past year, rising from around $126 per share to the current level of $136.

  • Citigroup decreased its Sun Communities stake in Q3 2025.

The players

Citigroup Inc.

A major American multinational investment bank and financial services corporation.

Sun Communities, Inc.

A real estate investment trust that specializes in the acquisition, ownership, and operation of manufactured housing communities, recreational vehicle resorts, and marinas.

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The takeaway

This transaction highlights the ongoing shifts in institutional ownership of REITs like Sun Communities as investors rebalance their portfolios. While the sale represents a relatively small portion of Citigroup's overall holdings, it could signal broader market trends worth watching in the manufactured housing and RV resort sectors.