Russell Investments Trims Stake in Citigroup

Asset manager reduces position in banking giant by 5.3% in Q3

Published on Mar. 9, 2026

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Russell Investments Group Ltd. cut its stake in Citigroup Inc. (NYSE:C) by 5.3% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 3,975,115 shares of the company's stock, making it Citigroup's 23rd largest institutional investor.

Why it matters

Institutional investors like Russell Investments closely monitor and adjust their positions in major financial companies like Citigroup, which can provide insights into broader market trends and investor sentiment around the banking sector.

The details

According to the 13F filing, Russell Investments sold 224,212 Citigroup shares during the third quarter. The firm now owns approximately 0.22% of Citigroup's outstanding shares, worth an estimated $404 million at the end of the reporting period.

  • Russell Investments filed the 13F report covering the third quarter of 2026.

The players

Russell Investments Group Ltd.

A global asset management firm that oversees over $300 billion in client assets.

Citigroup Inc.

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

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The takeaway

Russell Investments' reduced stake in Citigroup could signal broader caution among institutional investors around the banking sector, though the firm remains a top-25 shareholder in the company.