Banque Pictet & Cie SA Boosts Citigroup Stake by 40%

The Swiss private bank increased its holdings in the major U.S. financial institution during Q4 2025.

Apr. 2, 2026 at 7:34am

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Banque Pictet & Cie SA, a Swiss private bank, increased its stake in Citigroup Inc. (NYSE: C) by 39.6% during the fourth quarter of 2025, according to a recent filing with the U.S. Securities and Exchange Commission. The firm now owns 88,717 shares of the company's stock, worth approximately $10.4 million.

Why it matters

This transaction reflects the continued interest of institutional investors in major U.S. banks like Citigroup, which have seen their stock prices rebound in recent quarters amid a strengthening economy. Pictet's increased position suggests the firm sees further upside potential in Citigroup's shares.

The details

According to the SEC filing, Banque Pictet & Cie SA purchased an additional 25,156 shares of Citigroup during the fourth quarter, bringing its total holdings to 88,717 shares. This represents a 39.6% increase in the firm's position compared to the prior quarter.

  • Banque Pictet & Cie SA filed the 13F report disclosing the increased Citigroup stake on April 2, 2026.
  • The transaction occurred during the fourth quarter of 2025.

The players

Banque Pictet & Cie SA

A Swiss private bank that manages over $240 billion in assets for high-net-worth individuals and institutional clients worldwide.

Citigroup Inc.

A major U.S. financial services company that provides a broad range of banking, credit card, wealth management, and institutional services globally.

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The takeaway

Banque Pictet's increased stake in Citigroup reflects ongoing institutional investor confidence in the prospects of major U.S. banks, which have rebounded strongly from pandemic-era lows. This transaction highlights the continued appeal of Citigroup's diversified financial services model to global wealth managers.