Citigroup Boosts Stake in Innovex International

Investment firm increases ownership in oil and gas technology company by nearly 80%

Published on Mar. 6, 2026

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Citigroup Inc. has increased its stake in Innovex International, Inc. (NYSE:INVX) by 79.8% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 197,020 shares of the company's stock, representing about 0.29% ownership.

Why it matters

Citigroup's increased investment in Innovex International, a provider of solutions for onshore and offshore oil and gas applications, signals the investment firm's confidence in the company's growth potential within the energy technology sector.

The details

According to the filing, Citigroup acquired an additional 87,458 shares of Innovex International in the third quarter, bringing its total stake to 197,020 shares. This represents about 0.29% ownership of the company. Other major institutional investors in Innovex International include Brandes Investment Partners LP, Geode Capital Management LLC, Pacer Advisors Inc., and Bridgeway Capital Management LLC.

  • Citigroup increased its stake in Innovex International during the 3rd quarter of 2026.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

Innovex International, Inc.

A company that provides solutions for onshore and offshore applications within the oil and gas industry.

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The takeaway

Citigroup's increased investment in Innovex International reflects the investment firm's positive outlook on the oil and gas technology company's growth prospects, signaling potential opportunities for investors in the energy technology sector.