Capital Research Global Investors Sells Stake in First Citizens BancShares

Institutional investor reduces holdings in North Carolina-based bank by over 80%

Mar. 11, 2026 at 8:52am

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Capital Research Global Investors, a major institutional investor, has decreased its stake in First Citizens BancShares, Inc. (NASDAQ:FCNCA) by 81.0% during the third quarter, according to a recent SEC filing. The fund previously owned 119,673 shares of the bank's stock but sold 510,938 shares during the period, leaving it with a much smaller position.

Why it matters

This significant reduction in ownership by a major institutional investor could signal a shift in sentiment or strategy regarding First Citizens BancShares. As a large bank holding company based in North Carolina, First Citizens' performance and outlook are closely watched by the investment community.

The details

According to the SEC filing, Capital Research Global Investors now owns about 0.93% of First Citizens BancShares, down from a previous stake of over 5%. The bank's stock price has fluctuated in recent quarters, trading between a 52-week low of $1,473.62 and a high of $2,232.21. Several analysts have maintained buy or hold ratings on the stock, though one has downgraded it to 'equal weight'.

  • Capital Research Global Investors reduced its stake in the third quarter of 2026.

The players

Capital Research Global Investors

A major institutional investment firm that has reduced its holdings in First Citizens BancShares.

First Citizens BancShares, Inc.

A bank holding company and parent of First Citizens Bank, a full-service commercial bank headquartered in Raleigh, North Carolina.

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The takeaway

This reduction in ownership by a prominent institutional investor could signal a shift in sentiment around First Citizens BancShares, though the bank's overall performance and outlook remain closely watched by analysts and the broader financial community.