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Citi Trends

91 hedge funds and large institutions have $219M invested in Citi Trends in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

9% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 33

4% less funds holding

Funds holding: 9591 (-4)

13% less capital invested

Capital invested by funds: $251M → $219M (-$32.4M)

19% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 16

Holders
91
Holders Change
-4
Holders Change %
-4.21%
% of All Funds
2.43%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
13
Increased
36
Reduced
33
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$411K
New York State Common Retirement Fund
52
New York State Common Retirement Fund
New York
$374K +$111K +6,602 +38%
Invesco
53
Invesco
Georgia
$366K -$5.66K -337 -1%
Acadian Asset Management
54
Acadian Asset Management
Massachusetts
$363K -$482K -28,693 -55%
TA
55
Teachers Advisors
New York
$350K -$3.64K -217 -1%
SCA
56
Secor Capital Advisors
New York
$325K +$74.8K +4,457 +27%
TC
57
TFS Capital
Pennsylvania
$307K +$37.5K +2,232 +13%
MERSOM
58
Municipal Employees' Retirement System of Michigan
Michigan
$303K
RhumbLine Advisers
59
RhumbLine Advisers
Massachusetts
$295K -$86.2K -5,133 -21%
TBAM
60
True Bearing Asset Management
California
$288K -$139K -8,257 -31%
State Board of Administration of Florida Retirement System
61
State Board of Administration of Florida Retirement System
Florida
$262K +$23.7K +1,409 +9%
Bank of Montreal
62
Bank of Montreal
Ontario, Canada
$244K -$30K -1,787 -10%
VKH
63
Virtu KCG Holdings
New York
$234K +$253K +15,066 New
Deutsche Bank
64
Deutsche Bank
Germany
$219K -$277K -16,491 -54%
SIP
65
Stoneridge Investment Partners
Pennsylvania
$203K +$219K +13,058 New
MLICM
66
Metropolitan Life Insurance Company (MetLife)
New York
$196K
CS
67
Credit Suisse
Switzerland
$185K +$200K +11,921 New
Manulife (Manufacturers Life Insurance)
68
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$176K +$6.55K +390 +4%
VOYA Investment Management
69
VOYA Investment Management
Georgia
$162K
Citigroup
70
Citigroup
New York
$143K -$423K -25,175 -73%
AIG
71
American International Group
New York
$129K -$13.9K -825 -9%
Federated Hermes
72
Federated Hermes
Pennsylvania
$120K +$924 +55 +0.7%
BA
73
BlackRock Advisors
Delaware
$110K -$613K -36,502 -84%
Wells Fargo
74
Wells Fargo
California
$82K -$411K -24,497 -82%
Morgan Stanley
75
Morgan Stanley
New York
$68K +$73.8K +4,395 New

CTRN Hedge Fund Activity: Q2 2016 in Review

91 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2016, worth a combined $219M — down 13% from $251M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of CTRN and 13 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 36 added.

The largest buyer was Paradigm Capital Management Inc, adding an estimated $6.03M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $13.1M sold.

  • 91 institutional investors held Citi Trends (CTRN) as of Q2 2016, down from 95 in Q1 2016.
  • Funds reported $219M of Citi Trends stock for Q2 2016, down 13% quarter-over-quarter.
  • 13 funds opened new Citi Trends positions in Q2 2016 and 16 closed out, a net change of -3 holders.
  • The largest Citi Trends buyer in Q2 2016 was Paradigm Capital Management Inc, an estimated $6.03M added.
  • The largest Citi Trends seller in Q2 2016 was Copper Rock Capital Partners, an estimated $13.1M sold.

Based on aggregated 13F filings for Q2 2016.