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Citi Trends

85 hedge funds and large institutions have $242M invested in Citi Trends in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 27

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $247M → $242M (-$5.22M)

5% less call options, than puts

Call options by funds: $95K | Put options by funds: $100K

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

1% less funds holding

Funds holding: 8685 (-1)

Holders
85
Holders Change
-1
Holders Change %
-1.16%
% of All Funds
2.47%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
11
Increased
32
Reduced
27
Closed
12
Calls
$95K
Puts
$100K
Net Calls
-$5K
Net Calls Change
-$67K
Name Holding Trade Value Shares
Change
Change in
Stake
TA
51
Teachers Advisors
New York
$490K +$53.2K +3,280 +13%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$476K +$3.25K +200 +0.7%
GCP
53
GSA Capital Partners
United Kingdom
$473K +$3.25K +200 +0.7%
NI
54
Numeric Investors
Massachusetts
$466K +$445K +27,438 New
QBFM
55
QS Batterymarch Financial Management
New York
$446K +$425K +26,190 New
Millennium Management
56
Millennium Management
New York
$431K -$639K -39,343 -61%
PAM
57
Panagora Asset Management
Massachusetts
$415K
State Board of Administration of Florida Retirement System
58
State Board of Administration of Florida Retirement System
Florida
$361K
RhumbLine Advisers
59
RhumbLine Advisers
Massachusetts
$345K -$21.1K -1,300 -6%
CMBA
60
C.M. Bidwell & Associates
Hawaii
$343K -$8.93K -550 -3%
VOYA Investment Management
61
VOYA Investment Management
Georgia
$316K
Citigroup
62
Citigroup
New York
$310K +$148K +9,135 +100%
DC
63
Deere & Company
Illinois
$305K
BGIM
64
Brandywine Global Investment Management
Pennsylvania
$278K +$6.49K +400 +3%
TC
65
TFS Capital
Pennsylvania
$268K -$1.06M -65,250 -81%
AWMDMG
66
Austin W. Marxe & David M. Greenhouse
New York
$246K
Nomura Holdings
67
Nomura Holdings
Japan
$245K -$99.2K -6,110 -30%
MLICM
68
Metropolitan Life Insurance Company (MetLife)
New York
$242K
SIM
69
Spark Investment Management
New York
$215K -$291K -17,900 -58%
Wells Fargo
70
Wells Fargo
California
$214K -$24.3K -1,494 -11%
HHC
71
Hutchin Hill Capital
New York
$187K +$179K +11,000 New
AIG
72
American International Group
New York
$174K -$1.67K -103 -1%
BA
73
BlackRock Advisors
Delaware
$171K +$13.6K +838 +9%
Barclays
74
Barclays
United Kingdom
$123K +$73.7K +4,543 +170%
CCMH
75
Cornerstone Capital Management Holdings
New York
$110K +$106K +6,500 New

CTRN Hedge Fund Activity: Q4 2013 in Review

85 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2013, worth a combined $242M — down 2.1% from $247M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of CTRN and 11 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 32 added.

The largest buyer was Morgan Stanley, adding an estimated $3.47M. The largest seller was Pier Capital, exiting entirely with an estimated $6.83M sold.

  • 85 institutional investors held Citi Trends (CTRN) as of Q4 2013, down from 86 in Q3 2013.
  • Funds reported $242M of Citi Trends stock for Q4 2013, down 2.1% quarter-over-quarter.
  • 11 funds opened new Citi Trends positions in Q4 2013 and 12 closed out, a net change of -1 holder.
  • The largest Citi Trends buyer in Q4 2013 was Morgan Stanley, an estimated $3.47M added.
  • The largest Citi Trends seller in Q4 2013 was Pier Capital, an estimated $6.83M sold.

Based on aggregated 13F filings for Q4 2013.