Citi Trends
CTRN
106 hedge funds and large institutions have $215M invested in Citi Trends in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 39 reducing their positions, and 18 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 39
2.01% less ownership
Funds ownership: 88.07% → 86.06% (-2%)
6% less funds holding
Funds holding: 113 → 106 (-7)
7% less capital invested
Capital invested by funds: $232M → $215M (-$17.3M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GECH
Garnet Equity Capital Holdings
New York
|
+$1.64M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$1.53M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.28M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.26M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$978K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.7M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.28M |
| 3 |
Man Group
London,
United Kingdom
|
-$1.85M |
| 4 |
BlackRock
New York
|
-$1.76M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.37M |
CTRN Hedge Fund Activity: Q1 2019 in Review
106 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q1 2019, worth a combined $215M — down 7.4% from $232M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CTRN and 11 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 37 added.
The largest buyer was Garnet Equity Capital Holdings, adding an estimated $1.64M. The largest seller was Northpointe Capital, exiting entirely with an estimated $2.7M sold.
- 106 institutional investors held Citi Trends (CTRN) as of Q1 2019, down from 113 in Q4 2018.
- Funds reported $215M of Citi Trends stock for Q1 2019, down 7.4% quarter-over-quarter.
- 11 funds opened new Citi Trends positions in Q1 2019 and 18 closed out, a net change of -7 holders.
- The largest Citi Trends buyer in Q1 2019 was Garnet Equity Capital Holdings, an estimated $1.64M added.
- The largest Citi Trends seller in Q1 2019 was Northpointe Capital, an estimated $2.7M sold.
Based on aggregated 13F filings for Q1 2019.