Who is the largest shareholder of Citigroup stock?

Fund company and asset manager Vanguard owns about 166 million Citigroup shares. That's 8.71% of outstanding shares.

Is Citigroup owned by Morgan Stanley?

Citigroup is not owned by Morgan Stanley. Citigroup and Morgan Stanley partnered on joint ownership of Morgan Stanley Smith Barney between 2009 and 2013, but they are separate companies.

Citigroup is a public company owned collectively by its shareholders. The financial company's largest shareholders include Vanguard, BlackRock, State Street Corporation, and Berkshire Hathaway.

Who Owns Citigroup? | The Motley Fool

Who Owns Citigroup?

By Catherine Brock – Updated Mar 16, 2026 at 10:24 AM EST | Fact-checked by Parker Hicks

Key Points

Citigroup is publicly owned, with shares split among institutional, insider, and retail investors.
Top shareholders include Vanguard and BlackRock, owning 9.33% and 9.24% of shares respectively.
Citigroup's board of directors includes leaders from various finance and policy backgrounds.

The simplest way to explain who owns Citigroup (C +1.22%) is this: The bank is owned by shareholders. The details of those shareholders and the company's history are less simple to explain, however.

Below you'll learn highlights of Citigroup's history that shaped its evolution from a small state bank to a globally diversified financial services holding company. Also included are lists of Citi's largest owners and its board of directors, plus information on three ways to invest in the company today.

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NYSE: C

Citigroup

Today's Change

(1.22%) $1.62

Current Price

$134.89

Key Data Points

Market Cap

$231B

Day's Range

$131.77 - $135.12

52wk Range

$87.94 - $147.96

Volume

18.1M

Avg Vol

12.4M

Dividend Yield

1.78%

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Who is the owner of Citigroup?

Citigroup trades on the New York Stock Exchange (NYSE) under the ticker C. As a public company, Citigroup has no single owner. Rather, ownership is split among many shareholders, including institutional investors, insiders, and retail investors. Citigroup's five largest institutional and insider investors are listed in the next section.

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Institutional Investor

An institutional investor is a professional organization or company that invests money on other people's behalf. Here's what you need to know about institutional investing.

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Institutional investors are mainly asset managers. Insiders are employees and directors at the company. And retail investors are individuals investing for themselves, not professionally.

Citigroup has been publicly traded and shareholder-owned since 1968, when its predecessor company, First National City Corporation, became listed on the NYSE. Since then, the company has changed its name, merged, and acquired new assets to evolve into today's Citigroup. Seven significant organizational milestones are described below.

1974: First National City Corporation, the bank's holding company, changed its name to Citicorp.
1976: First National City Bank was renamed Citibank, N.A. Around this time, the bank would publicly call itself by the nickname Citi in the slogan, "Citi never sleeps."
1997: Financial services company Travelers acquired leading investment firm Salomon Brothers. Travelers then merged the new acquisition with Smith Barney Holdings to create Salomon Smith Barney.
1998: Citicorp merged with Travelers. The merger created the world's largest bank. The combined entity took the Citigroup name and listed itself on the NYSE under the ticker CCI. Before year-end, Citigroup shortened its ticker to C. Chrysler had formerly used C as its ticker, but the symbol became available after Chrysler merged with Daimler-Benz AG.
2002: Citigroup spun off Travelers Property Casualty. That company traded on the NYSE under the ticker TAP until it merged with St. Paul Companies in 2004. The post-merger company later changed its name to The Travelers Companies (TRV -2.27%).
2005: Citigroup sold the Travelers Life & Annuity insurance businesses to MetLife (MET -0.37%).
2009: Citigroup merged Smith Barney with Morgan Stanley (MS +0.39%) to create Morgan Stanley Smith Barney. Citi retained a stake in the joint venture for a few years but eventually sold it to Morgan Stanley.

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Who are the largest shareholders?

Today, Citigroup's largest shareholders are Vanguard, BlackRock (NYSE:BRK), State Street Corporation (SST -2.31%), Capital World Investors, and Geode Capital Management. Here's a closer look at each of these shareholders and the size of their positions in Citigroup.

Editor's note: All holdings for both institutional and insider investors are based on the last SEC filings reported in December of 2025.

Vanguard owns 163 million shares of Citigroup. The position is worth more than $17.2 billion. It also accounts for 9.33% of the bank's outstanding shares. Vanguard is an asset manager that popularized low-cost investment funds. Vanguard also has an interesting ownership structure. The company is owned by its funds, and those funds are owned by their respective shareholders. The Vanguard Total Stock Market Index ETF (VTI +0.34%) and Vanguard 500 Index Fund (VOO +0.39%) both have sizable positions in Citigroup.
BlackRock holds 161 million shares of Citigroup. The position is valued at about $17.05 billion and represents 9.24% of Citigroup's available shares. BlackRock operates mutual funds, iShares exchange-traded funds (ETFs), and closed-end funds. iShares Core S&P 500 ETF (IVV +0.43%) holds more than 22 million shares of Citigroup stock.
State Street Corporation holds almost 79.9 million Citigroup shares. The position is worth over $5 billion and equates to an ownership stake of 4.57%. State Street's Select Sector SPDR Fund-Financial (XLF +0.68%) has almost 11.5 million shares of Citi.
Capital World Investors owns 46.71 million of Citigroup's outstanding shares valued at $4.9 billion. Capital World Investors is a smaller part of Capital Group Companies, one of the oldest investment management companies in the United States. They currently manage close to $3 trillion a
Geode Capital Management owns 43.25 million Citigroup shares valued at over $4.6 billion. This is a 2.47% ownership stake. Geode is a Boston-based asset manager that caters to institutional investors.

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Citibank ATMs. — Image source: Citigroup.

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Individual shareholders

Citigroup's major individual shareholders are primarily insiders. The top five insider shareholders are Mark Mason, Ernesto Cantú Torres, Sunil Garg, Nicole Giles, and Gonzalo Luchetti. The share counts noted are current as of mid-February 2026, according to SEC data. All position values are based on the average February - March share price of $110.

Mark Mason was inducted as Citigroup's Chief Financial Officer in 2019 and has held the position until the time of writing. He currently holds 273,485 share vauled at roughly $30 million.
Ernesto Cantú Torres serves as the Head of International for Citigroup. He joined the company as an employee in 2023 after nearly four years as CEO of Citi Latin America. Torres currently holds 200,938 shares of Citigroup valued at $22.1 million.
Sunil Garg is the acting CEO of Citi N.A. and has been with Citigroup since 1988. Garg currently holds 129,895 shares, totalling in the ballpark of $14.2 milion.
Nicole Giles is the Chief Accounting Officer at Citigroup after her time as an executive at JPMorgan Chase (JPM +1.17%). She holds 110,466 shares valuing $12.1 million.
Gonzalo Luchetti, Chief Financial Officer for Citi, as of March 2026, and overseesfinancial management of the firm and oversees Treasury, Controllers, Investor Relations, and Strategy and M&A. He holds 82,588 shares worth $9 million.

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Who is on the board of directors for Citigroup?

Citigroup is governed by its 8-member board of directors. They are as follows.

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Citigroup's Board of Directors
Name	Title	Inception date
Ellen M. Costello	Former CEO of BMO Financial	2024
Titi Cole	Former Head of Legacy Franchises	2025
Grace E. Dailey	Former Senior eputy Comptroller for Bank Supervison Policy	2019
Jane Fraser	Chair of the Board at Citigroup	2025
Sunil Garg	CEO of Citibank	2023
Duncan P. Hennes	Co-founder at Atrevida Partners, LLC	2013
Diana L. Taylor	Former Superintednent of Banks, State of New York	2009
James S. Turley	Former CEO of Ernst & Young	2013

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FAQ

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Who owns Citigroup: FAQ

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About the Author

Catherine grew up in Southern California wearing a lot of black and trying to perfect the art of sarcasm. Prior to joining The Fool as a contract writer, Catherine was climbing the corporate ladder in marketing roles and dabbling in too many side hustles. When she's not writing, she can be found riding a horse in the country or shopping online for clothes.

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@catherinejbrock

Citigroup is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Catherine Brock has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase, Vanguard S&P 500 ETF, and Vanguard Total Stock Market ETF. The Motley Fool has a disclosure policy.

Who Owns Citigroup?

Key Points