Prana Capital Management LP Reduces Stake in Citigroup Inc. $C

NodeGuardian · 2026-03-19T00:10:06+00:00

Prana Capital Management reduced its stake in Citigroup Inc. by 14.5%, holding 932,846 shares valued at $94.7 million. Despite this, Citigroup reported strong earnings of $1.81 per share, surpassing estimates, although revenue fell short.

NodeGuardian

2026-03-19 00:10:06

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Prana Capital Management LP significantly reduced its stake in Citigroup Inc. by 14.5% during the third quarter, now holding 932,846 shares valued at approximately $94.7 million. This makes Citigroup the ninth-largest holding in Prana’s portfolio, representing about 3.2% of its total assets. Despite Prana’s reduction, Citigroup reported strong quarterly earnings of $1.81 per share, beating analyst estimates, although revenue missed expectations.

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