Citi Trends
CTRN
90 hedge funds and large institutions have $251M invested in Citi Trends in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 38 reducing their positions, and 9 closing their positions.
89.29% more ownership
Funds ownership: 0% → 89.29% (+89%)
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
0% more funds holding
Funds holding: 90 → 90 (0)
8% less capital invested
Capital invested by funds: $272M → $251M (-$21.8M)
21% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 38
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
+$3.81M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$3.19M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$1.99M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.96M |
| 5 |
Morgan Stanley
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$7.56M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.14M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.65M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$1.55M |
CTRN Hedge Fund Activity: Q4 2016 in Review
90 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2016, worth a combined $251M — down 8% from $272M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CTRN positions and 9 closed out — a net gain of 2 holders — while 30 added to existing stakes and 38 trimmed.
The largest buyer was AWM Investment Company, adding an estimated $3.81M. The largest seller was Nantahala Capital Management, cutting an estimated $7.56M.
- 90 institutional investors held Citi Trends (CTRN) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $251M of Citi Trends stock for Q4 2016, down 8% quarter-over-quarter.
- 11 funds opened new Citi Trends positions in Q4 2016 and 9 closed out, a net change of +2 holders.
- The largest Citi Trends buyer in Q4 2016 was AWM Investment Company, an estimated $3.81M added.
- The largest Citi Trends seller in Q4 2016 was Nantahala Capital Management, an estimated $7.56M sold.
Based on aggregated 13F filings for Q4 2016.