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Citi Trends

115 hedge funds and large institutions have $323M invested in Citi Trends in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 36 increasing their positions, 38 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 8

37% more capital invested

Capital invested by funds: $236M → $323M (+$86.7M)

26% more funds holding

Funds holding: 91115 (+24)

26% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $1.03M

2.37% more ownership

Funds ownership: 86.45%88.82% (+2.4%)

5% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 38

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
115
Holders Change
+24
Holders Change %
+26.37%
% of All Funds
2.61%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
32
Increased
36
Reduced
38
Closed
8
Calls
$1.3M
Puts
$1.03M
Net Calls
+$269K
Net Calls Change
+$269K
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
51
Citadel Advisors
Florida
$1.32M -$69.9K -2,999 -6%
IECM
52
Intrinsic Edge Capital Management
Illinois
$1.27M +$1.12M +48,035 New
FP
53
Foundry Partners
Minnesota
$1.13M -$787K -33,754 -44%
Massachusetts Financial Services
54
Massachusetts Financial Services
Massachusetts
$1.13M -$1.26M -53,972 -56%
Invesco
55
Invesco
Georgia
$972K +$72.2K +3,096 +9%
CEP
56
Chicago Equity Partners
Illinois
$950K +$837K +35,915 New
Prudential Financial
57
Prudential Financial
New Jersey
$945K +$242K +10,400 +41%
SRAM
58
Stone Ridge Asset Management
New York
$902K +$795K +34,104 New
SCM
59
Sterling Capital Management
North Carolina
$884K +$778K +33,400 New
Bank of America
60
Bank of America
North Carolina
$856K +$343K +14,702 +83%
Cambridge Investment Research Advisors
61
Cambridge Investment Research Advisors
Iowa
$819K +$70.8K +3,040 +11%
CIC
62
Cornercap Investment Counsel
Georgia
$778K +$685K +29,385 New
HCM
63
Highbridge Capital Management
New York
$745K +$656K +28,135 New
Swiss National Bank
64
Swiss National Bank
Switzerland
$701K
SO
65
STRS Ohio
Ohio
$698K -$193K -8,300 -24%
Ameriprise
66
Ameriprise
Minnesota
$655K -$536 -23 -0.1%
Wells Fargo
67
Wells Fargo
California
$602K +$3.38K +145 +0.6%
California State Teachers Retirement System (CalSTRS)
68
California State Teachers Retirement System (CalSTRS)
California
$590K -$22.3K -959 -4%
CCMH
69
Cornerstone Capital Management Holdings
New York
$552K +$487K +20,900 New
Squarepoint
70
Squarepoint
New York
$537K +$218K +9,354 +85%
AIMCA
71
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$519K +$457K +19,600 New
MERSOM
72
Municipal Employees' Retirement System of Michigan
Michigan
$516K
Thrivent Financial for Lutherans
73
Thrivent Financial for Lutherans
Minnesota
$500K +$140 +6 +0%
JG
74
Jefferies Group
New York
$477K +$420K +18,013 New
New York State Common Retirement Fund
75
New York State Common Retirement Fund
New York
$463K

CTRN Hedge Fund Activity: Q4 2017 in Review

115 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2017, worth a combined $323M — up 37% from $236M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new CTRN positions and 8 closed out — a net gain of 24 holders — while 36 added to existing stakes and 38 trimmed.

The largest buyer was BlackRock, adding an estimated $4.63M. The largest seller was Fidelity Investments, exiting entirely with an estimated $23.1M sold.

  • 115 institutional investors held Citi Trends (CTRN) as of Q4 2017, up from 91 in Q3 2017.
  • Funds reported $323M of Citi Trends stock for Q4 2017, up 37% quarter-over-quarter.
  • 32 funds opened new Citi Trends positions in Q4 2017 and 8 closed out, a net change of +24 holders.
  • The largest Citi Trends buyer in Q4 2017 was BlackRock, an estimated $4.63M added.
  • The largest Citi Trends seller in Q4 2017 was Fidelity Investments, an estimated $23.1M sold.

Based on aggregated 13F filings for Q4 2017.