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Citi Trends

82 hedge funds and large institutions have $231M invested in Citi Trends in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 29

5% less capital invested

Capital invested by funds: $242M → $231M (-$11.2M)

4% less funds holding

Funds holding: 8582 (-3)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
82
Holders Change
-3
Holders Change %
-3.53%
% of All Funds
2.37%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
31
Reduced
29
Closed
11
Calls
$163K
Puts
Net Calls
+$163K
Net Calls Change
+$168K
Name Holding Trade Value Shares
Change
Change in
Stake
PAM
51
Panagora Asset Management
Massachusetts
$446K +$48.6K +2,948 +12%
Goldman Sachs
52
Goldman Sachs
New York
$432K +$438K +26,544 New
QBFM
53
QS Batterymarch Financial Management
New York
$427K
Acadian Asset Management
54
Acadian Asset Management
Massachusetts
$371K -$992K -60,141 -73%
NFA
55
Nationwide Fund Advisors
Ohio
$350K -$279K -16,900 -44%
State Board of Administration of Florida Retirement System
56
State Board of Administration of Florida Retirement System
Florida
$346K
Nomura Holdings
57
Nomura Holdings
Japan
$336K +$102K +6,176 +43%
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$320K -$10.9K -660 -3%
VOYA Investment Management
59
VOYA Investment Management
Georgia
$303K
EGA
60
Eagle Global Advisors
Texas
$285K +$289K +17,500 New
BGIM
61
Brandywine Global Investment Management
Pennsylvania
$261K -$4.78K -290 -2%
ProShare Advisors
62
ProShare Advisors
Maryland
$255K +$258K +15,647 New
DC
63
Deere & Company
Illinois
$245K -$48.5K -2,939 -16%
ARTA
64
A.R.T. Advisors
New York
$243K +$247K +14,952 New
AWMDMG
65
Austin W. Marxe & David M. Greenhouse
New York
$236K
MLICM
66
Metropolitan Life Insurance Company (MetLife)
New York
$232K
Wells Fargo
67
Wells Fargo
California
$222K +$17.2K +1,040 +8%
SIM
68
Spark Investment Management
New York
$213K +$6.6K +400 +3%
Citigroup
69
Citigroup
New York
$193K -$106K -6,434 -35%
BA
70
BlackRock Advisors
Delaware
$174K +$9.72K +589 +6%
AIG
71
American International Group
New York
$171K +$4.16K +252 +2%
RCM
72
Rotella Capital Management
Washington
$167K +$169K +10,256 New
PCM
73
Prelude Capital Management
New York
$57K +$57.7K +3,500 New
AllianceBernstein
74
AllianceBernstein
Tennessee
$45K -$34.6K -2,100 -43%
CLM
75
ClearBridge LLC (Maryland)
Maryland
$16K

CTRN Hedge Fund Activity: Q1 2014 in Review

82 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q1 2014, worth a combined $231M — down 4.6% from $242M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of CTRN and 9 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 31 added.

The largest buyer was Ameriprise, opening a new position worth an estimated $5.17M. The largest seller was Nantahala Capital Management, cutting an estimated $5.2M.

  • 82 institutional investors held Citi Trends (CTRN) as of Q1 2014, down from 85 in Q4 2013.
  • Funds reported $231M of Citi Trends stock for Q1 2014, down 4.6% quarter-over-quarter.
  • 9 funds opened new Citi Trends positions in Q1 2014 and 11 closed out, a net change of -2 holders.
  • The largest Citi Trends buyer in Q1 2014 was Ameriprise, an estimated $5.17M added.
  • The largest Citi Trends seller in Q1 2014 was Nantahala Capital Management, an estimated $5.2M sold.

Based on aggregated 13F filings for Q1 2014.