Citigroup Sells Stake in Blue Owl Capital

Financial giant reduces holdings in alternative asset manager

Published on Mar. 2, 2026

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Citigroup Inc. has reduced its stake in Blue Owl Capital Inc. (NYSE:OWL) by 74.5% during the third quarter, according to a recent SEC filing. The financial services company sold 1,530,276 shares of the alternative asset manager, leaving it with 523,873 shares worth $8.87 million at the end of the quarter.

Why it matters

The sale represents a significant reduction in Citigroup's position in Blue Owl Capital, which provides private credit, direct lending, and equity-related strategies for institutional investors. This move could signal a shift in Citigroup's investment strategy or portfolio rebalancing.

The details

According to the filing, Citigroup sold 1,530,276 shares of Blue Owl Capital during the third quarter, reducing its total holdings to 523,873 shares. The sale comes as Blue Owl Capital's stock price has declined, falling from a 52-week high of $21.89 to around $10.50 currently.

  • Citigroup reduced its stake in Blue Owl Capital during the third quarter of 2026.

The players

Citigroup Inc.

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

Blue Owl Capital Inc.

An alternative asset manager that focuses on private credit, direct lending, and equity-related strategies for institutional investors.

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The takeaway

The sale of a significant portion of its Blue Owl Capital holdings suggests Citigroup may be reevaluating its investment strategy or portfolio composition. This move could have implications for the alternative asset management industry and the broader financial landscape.