Mirae Asset Securities (Usa) 13F: Exits Citigroup (C) Stake

Mirae Asset Securities has closed out its position in Citigroup Inc. (NYSE: C), selling all 55,137 shares it held in the banking giant. The complete exit was revealed in a Form 13F filing with the Securities and Exchange Commission on October 15, 2026. Because 13F reports look backward at a prior period, this filing shows the fund's holdings at that time and may not reflect its current stance today.

Inside Mirae Asset Securities's Citigroup Trade

Before the sale, Mirae Asset held 55,137 shares of Citigroup. The fund sold the entire block, reducing its share count by 55,137 to leave an ending balance of zero shares. Because this transaction represents a complete exit, it marked a 100% reduction in the fund's exposure to the bank.

Other Institutional Activity in Citigroup

Other major institutional managers also adjusted their positions in the banking company around the same reporting period. Blackrock Inc. trimmed its holdings by 4,275,206 shares, ending with 149,509,189 shares valued at about $18.6 billion. Vanguard Capital Management LLC reduced its stake by 2,423,343 shares to hold 107,301,822 shares worth approximately $13.3 billion. State Street Corporation cut its holdings by 132,670 shares, finishing with 77,908,419 shares valued at roughly $9.7 billion. Geode Capital Management, LLC lowered its position by 1,256,652 shares to end with 41,054,866 shares worth about $5.1 billion. Meanwhile, Fisher Asset Management, LLC moved in the opposite direction, growing its holdings by 1,236,220 shares to finish with 36,456,162 shares valued at approximately $4.5 billion.

Citigroup Inc. Stock Up 1.5%

Citigroup shares recently traded around $124.05 as of October 16, 2026. The stock sits below its 50-day moving average of $132.86 and below its 200-day moving average of $126.35. The bank's shares are trading 16.2% below their 52-week high of $147.96 and sit 30.6% above their 52-week low of $95.00.

Recent Earnings

For the trailing twelve-month period, Citigroup generated $83,299,000,320 in revenue with basic trailing earnings of $10.26 per share. The company reported a net profit margin of 23.2% and a return on equity of 9.4%. Year-over-year revenue growth stood at 8.0%. The bank's next earnings report is scheduled for January 14, 2027.

Dividend

Citigroup pays an annual dividend yielding 2.18%, backed by a dividend payout ratio of 25.9%.

Insider Buying and Selling at Citigroup Inc.

Company insiders executed several transactions prior to the filing. Chief Financial Officer Mark A.L. Mason disposed of 3,627 shares on February 20, 2026, for a total value of $416,045. Officer Edward Skyler sold 25,000 shares on April 15, 2026, at an average price of $131.41, totaling $3,285,350. Officer Nicole M. Giles sold 12,732 shares on April 15, 2026, at an average price of $131.80 for a total value of $1,678,078. Finally, Director John Cunningham Dugan sold 2,117 shares on May 8, 2026, at an average price of $125.30, totaling $265,260.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock. On October 2, 2026, JP Morgan maintained an Overweight rating while adjusting its price target to $147 from $149. UBS maintained a Neutral rating on October 5, 2026, moving its target to $139 from $142. Evercore ISI Group maintained an In-Line rating on October 14, 2026, lowering its target to $135 from $140. TD Cowen maintained a Buy rating on October 14, 2026, adjusting its target to $148 from $150. RBC Capital maintained an Outperform rating on October 14, 2026, lowering its target to $135 from $150. Across the broader analyst community, 21 analysts give the stock a consensus buy rating with a mean price target of $150.71.

About Citigroup

Citigroup operates as a diversified financial services holding company providing various banking and wealth products to consumers, corporations, and governments. It organizes its operations across segments including Services, Markets, Banking, U.S. Personal Banking, and Wealth. Institutional portfolio adjustments in the stock continue to draw market attention as the bank navigates its ongoing strategic initiatives.

Bottom Line

Institutional filings like Form 13F provide a retrospective look at fund positioning but do not reflect live trading activity. Investors tracking Citigroup will look toward the bank's upcoming earnings report in January 2027 for updated financial results. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.