Billionaires Can’t Live Without These 10 Stocks

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3. Citigroup Inc (NYSE:C)

  • Billionaires with Long Positions (as of June 30): 19
  • Aggregate Value of Billionaires’ Holdings (as of June 30): $2.61 billion

Citigroup Inc (NYSE:C) is the only financial stock to make the list and makes a big jump above Facebook to firmly hold down third place. Billionaire ownership was up by one in the second quarter, though the value of their holdings dipped by over $375 million. After a strong performance in July, Citigroup’s stock suffered along with most others in late August and gave back all of its July gains and then some. Citigroup Inc (NYSE:C) CFO John Gerspach recently revealed that the financial services company’s third quarter trading revenue could slide by as much as 5%. Citigroup is a major holding of billionaires Ken Fisher, Ken Griffin, and Larry Robbins of Glenview Capital.

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