Franklin Resources Inc. Increases Citigroup Stake

Asset manager now owns 1.84% of banking giant's shares

Published on Mar. 11, 2026

Franklin Resources Inc. increased its position in Citigroup Inc. (NYSE:C) by 1.8% in the 3rd quarter, according to a recent SEC filing. The firm now owns 32,870,559 shares of the company's stock, valued at approximately $3.34 billion and representing about 1.84% of Citigroup's total shares outstanding.

Why it matters

As one of the largest asset managers in the world, Franklin Resources' investment decisions can provide insight into the firm's view on the banking sector and Citigroup's prospects. The increased stake signals the firm's confidence in Citigroup's long-term growth potential.

The details

Franklin Resources added 580,027 Citigroup shares to its portfolio during the 3rd quarter, bringing its total position to 32,870,559 shares. This makes Citigroup the 17th largest holding in Franklin Resources' equity portfolio, accounting for approximately 0.8% of its total assets.

  • Franklin Resources filed its 3rd quarter 13F report with the SEC on November 15, 2025, disclosing the increased Citigroup stake.

The players

Franklin Resources Inc.

A global investment management organization with over $1.5 trillion in assets under management.

Citigroup Inc.

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

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The takeaway

Franklin Resources' increased stake in Citigroup suggests the asset manager sees further upside potential in the banking giant's stock. As one of the most influential institutional investors, Franklin's vote of confidence could signal a positive outlook for Citigroup's future performance.