Citigroup Boosts Stake in Brighthouse Financial

Investment firm increases position in insurance company by 360.5% in Q3

Published on Mar. 2, 2026

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Citigroup Inc. significantly increased its holdings in Brighthouse Financial, Inc. (NASDAQ:BHF) by 360.5% during the third quarter, according to the company's recent SEC filing. Citigroup now owns 151,891 shares of the insurance company's stock, worth approximately $8.06 million.

Why it matters

This move by a major investment firm like Citigroup suggests growing confidence in Brighthouse Financial's prospects. As a spin-off from MetLife, Brighthouse has focused on providing retirement income solutions and annuity products, which could be an attractive area as the population ages.

The details

Citigroup said it bought an additional 118,909 shares of Brighthouse Financial during the third quarter, bringing its total stake to 151,891 shares. This represents approximately 0.27% ownership in the company. The investment firm cited Brighthouse's strong performance and growth potential as reasons for increasing its position.

  • Citigroup increased its Brighthouse Financial holdings in the third quarter of 2026.

The players

Citigroup Inc.

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

Brighthouse Financial, Inc.

A U.S.-based life insurance company that specializes in retirement income solutions and annuity products, spun off from MetLife in 2017.

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The takeaway

Citigroup's substantial increase in its Brighthouse Financial holdings suggests the investment firm sees strong growth potential in the insurance company's focus on retirement and annuity products, which could be a lucrative market as the U.S. population ages.