Claret Asset Management Trims Citigroup Stake

Asset manager sells 28,020 shares of banking giant in Q3

Published on Mar. 10, 2026

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Claret Asset Management Corp. reduced its stake in Citigroup Inc. (NYSE: C) by 24.1% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 88,474 shares of the company's stock, valued at $8,980,000 as of the filing.

Why it matters

Institutional investors' trading activity in major financial stocks like Citigroup can provide insights into market sentiment and investment trends. Claret Asset Management's decision to trim its Citigroup position may signal broader concerns or a shift in the firm's portfolio strategy.

The details

According to the 13F filing, Claret Asset Management sold 28,020 shares of Citigroup during the third quarter. The asset manager now holds a total of 88,474 shares, making Citigroup the 25th largest position in its portfolio.

  • Claret Asset Management filed the 13F report for the third quarter of 2026.

The players

Claret Asset Management Corp

An investment management firm that owns a portfolio of stocks, including a position in Citigroup.

Citigroup Inc.

A global financial services company headquartered in New York City, offering a wide range of banking and financial products and services.

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The takeaway

Claret Asset Management's decision to reduce its Citigroup stake may reflect broader market trends or the firm's own investment strategy, but does not necessarily indicate any significant issues with the banking giant's performance or outlook.