Citigroup Shares Sold by Waycross Partners

Hedge fund reduces stake in banking giant Citigroup amid broader market shifts

Mar. 28, 2026 at 12:13pm

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Waycross Partners LLC, a hedge fund, reduced its stake in Citigroup Inc. (NYSE: C) by 11% in the fourth quarter, according to a recent SEC filing. The firm now owns 367,357 shares of the company's stock, valued at $42.9 million as of the end of 2025.

Why it matters

This move by Waycross Partners reflects broader trends in the financial sector, as investors reevaluate their positions amid market volatility and concerns about the economic outlook. Citigroup, as one of the largest banks in the U.S., is seen as a bellwether for the industry.

The details

According to the 13F filing, Waycross Partners sold 45,607 Citigroup shares during the fourth quarter. The hedge fund now holds a 3.5% stake in the bank, making it Citigroup's 9th largest institutional investor. The filing did not provide any specific reasons for the reduced position.

  • Waycross Partners filed the 13F report covering the fourth quarter of 2025.
  • The firm sold the Citigroup shares during the fourth quarter of 2025.

The players

Waycross Partners LLC

A hedge fund that has reduced its stake in Citigroup Inc.

Citigroup Inc.

A major U.S. bank and financial services company headquartered in New York City.

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The takeaway

This filing highlights the ongoing shifts in the financial sector as investors navigate economic uncertainty. Citigroup's performance will continue to be closely watched as a barometer for the broader banking industry.