TD Waterhouse Canada Inc. Boosts Citigroup Stake

The investment firm increased its holdings in the banking giant by 4.2% in the fourth quarter.

Apr. 20, 2026 at 10:53am

TD Waterhouse Canada Inc. reported that it lifted its holdings in shares of Citigroup Inc. (NYSE:C) by 4.2% in the fourth quarter, according to a recent SEC filing. The firm now owns 672,307 shares of the company's stock, valued at $78.4 million at the end of the quarter.

Why it matters

This transaction highlights the continued institutional investor interest in Citigroup, one of the world's largest banking and financial services organizations. TD Waterhouse's increased stake suggests confidence in Citigroup's performance and growth prospects.

The details

According to the filing, TD Waterhouse acquired an additional 27,121 shares of Citigroup during the fourth quarter. This brings the firm's total position in the company to 672,307 shares. Citigroup's stock has been on a strong run, rising over 20% in the past year as the bank has navigated the challenging economic environment.

  • The transaction occurred in the fourth quarter of 2025.
  • TD Waterhouse reported its updated holdings in a filing with the SEC on April 20, 2026.

The players

TD Waterhouse Canada Inc.

A Canadian investment firm and subsidiary of Toronto-Dominion Bank, one of the largest banks in North America.

Citigroup Inc.

A global financial services company headquartered in New York City, providing a wide range of banking, investment, and financial products and services to consumers, corporations, governments, and institutions worldwide.

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The takeaway

TD Waterhouse's increased stake in Citigroup reflects the continued institutional investor confidence in the banking giant's long-term prospects, even as it navigates a challenging economic environment. This transaction underscores Citigroup's status as a blue-chip financial institution attracting significant interest from major investment firms.