Exited position

Bill Ackman’s Citigroup (C) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Pershing Square Capital ManagementVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ2 2011Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares26.12MHighest verified quarter-end share count
Quarters reported5Verified quarters with shares above zero
What happened?

Pershing Square Capital Management first reported Citigroup in Q2 2011. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Pershing Square Capital Management sold the entire position in Q3 2012, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q3 2012
Sold the entire position−1.10M shares · No shares reported at quarter-end
Q2 2012
Sold 95.8% of the position−25.02M shares · 1.10M shares remained
Filing context

Quarter-end price $27.41 · Estimated holding basis $40.04

Q1 2012
Bought 0.02% more+4.75K shares · 26.12M shares reported after the change
Filing context

Quarter-end price $36.55 · Estimated holding basis $40.04

Q4 2011
Sold 0.02% of the position−4.40K shares · 26.12M shares remained
Filing context

Quarter-end price $26.31 · Estimated holding basis $40.04

Q3 2011
Bought 11.1% more+2.60M shares · 26.12M shares reported after the change
Filing context

Quarter-end price $25.62 · Estimated holding basis $40.04

Q2 2011
New position+23.52M shares · 23.52M shares reported
Filing context

Quarter-end price $41.64 · Estimated holding basis $41.64

Portfolio importance

How important was Citigroup in Pershing Square Capital Management’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight0.4%Q2 2012
Last reported rank#8of 8 reported positions
Peak portfolio weight15.3%Q2 2011
Best historical rank#4Q2 2011
At peak importanceQ2 2011
C
15.3%
Largest holding
20.9%
Cross-investor discovery

Who else owns Citigroup?

Also reported by 2 other tracked investors in their latest verified filings.

Ray DalioBridgewater Associates, LP
C0.3% of reported portfolio
Joel GreenblattGotham Asset Management
C0.0% of reported portfolio
Explore Citigroup across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$138.822026-09-11

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

View Citigroup stock page →

This tracker follows Pershing Square Capital Management’s Form 13F disclosures. It is not Bill Ackman’s personal brokerage account, and 13F filings do not reveal exact trade dates or execution prices.