California State Teachers Retirement System 13F: Cuts C Stake by $18M
CalSTRS reduces its position in Citigroup by over 131,000 shares, reflecting a 4.5% decrease.
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California State Teachers Retirement System sold 131,981 shares from its stake in Citigroup Inc. ($C), a 4.52% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 2,784,913 shares worth $389.78 million at the end of the quarter.
Since the filing, $C is up 3.6% after 1 week, up 17.5% after 1 month and up 2.0% to date (from the $121.79 close on May 18, 2026).
Find the original: California State Teachers Retirement System 13F filings on SEC EDGAR
C
Citigroup Inc.
Key Points
- California State Teachers Retirement System trimmed its Citigroup position by 131,981 shares, bringing its total to about 2.78 million shares valued at approximately $389.8 million as of May 18, 2026.
- California State Teachers Retirement System held 2,784,913 $C shares at quarter end, down 4.52% from the prior quarter.
- Citigroup shares traded at $139.96 on the day of the filing, significantly higher than its 52-week low of $95.00, indicating strong market performance.
- Analysts maintain a positive outlook for Citigroup, with a consensus rating of 'buy' and a mean price target of $150.71.
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CalSTRS Reduces Citigroup Holdings
California State Teachers Retirement System trimmed its stake in Citigroup Inc. (NYSE: C) by 131,981 shares, a decrease of 4.5%. The fund now holds about 2.78 million shares valued at approximately $389.8 million, according to its latest 13F filing with the SEC, reflecting positions as of May 18, 2026.
What Changed in CalSTRS Position
This reduction in holdings comes as part of a broader portfolio management strategy. CalSTRS previously held 2.92 million shares of Citigroup, and with this latest trim, it has reduced its position by about 132,000 shares.
Institutional Activity Surrounding Citigroup
No other funds reported changes in their Citigroup holdings in this filing period, so the focus remains solely on CalSTRS' adjusted position. This single move highlights how even large institutional investors like CalSTRS are actively managing their portfolios amid market fluctuations.
How Citigroup Inc. Stock Has Traded
Citigroup shares are currently trading at $139.96, well above its 50-day moving average of $132.86. This price is also significantly higher than its 52-week low of $95.00, which indicates a strong recovery and investor confidence in the stock's potential.
Analysts Set New Price Targets
On October 14, 2026, several firms maintained their ratings on Citigroup. Evercore ISI Group kept its 'In-Line' rating with a target of $135. TD Cowen maintained a 'Buy' rating with a target of $148, while RBC Capital also held an 'Outperform' rating with a target of $135. The overall consensus among analysts is a 'buy' recommendation with a mean price target of $150.71.
What Citigroup Inc. Does
Citigroup Inc. is a diversified financial services holding company that offers a wide range of financial products and services to consumers, corporations, and governments. With its extensive operations in various market segments, Citigroup plays a crucial role in the global financial landscape.
What's Ahead for Citigroup Inc.
Investors will be watching Citigroup closely as it prepares for its next earnings report on January 14, 2027. The recent 13F filing reflects holdings as of the reporting period and may not represent CalSTRS' current position. As market dynamics continue to evolve, updates on analyst ratings and institutional holdings will be important to monitor.
Related Filing Alerts
Source: California State Teachers Retirement System's 13F filing on $C (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: California State Teachers Retirement System 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts