Citigroup Reduces Stake in Fortive Corporation

Institutional investor sells over 126,000 shares of technology company

Published on Feb. 27, 2026

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Citigroup Inc. has reduced its holdings in Fortive Corporation (NYSE: FTV) by 23.8% in the third quarter, according to the company's latest 13F filing with the Securities and Exchange Commission. Citigroup now owns 405,164 shares of the technology company's stock, valued at $19.85 million.

Why it matters

Fortive is a diversified industrial technology company that has been the focus of significant institutional investor activity. Citigroup's reduction in its Fortive stake could signal a shift in sentiment around the company's prospects among major investors.

The details

Citigroup sold 126,264 shares of Fortive during the third quarter, reducing its total position to 405,164 shares. The bank now owns 0.13% of Fortive's outstanding stock. Other major investors in Fortive include Dodge & Cox, which owns over 33 million shares, and Viking Global Investors, which owns nearly 16 million shares.

  • Citigroup reduced its Fortive holdings in the third quarter of 2026.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation.

Fortive Corporation

A diversified industrial technology company headquartered in Everett, Washington.

Dodge & Cox

A major institutional investor that owns over 33 million shares of Fortive.

Viking Global Investors LP

An investment management firm that owns nearly 16 million shares of Fortive.

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The takeaway

Citigroup's reduction in its Fortive stake could signal a broader shift in investor sentiment around the industrial technology company, though the reasons behind the move are not entirely clear. Fortive continues to attract significant interest from major institutional investors like Dodge & Cox and Viking Global Investors.