Citi Trends
CTRN
91 hedge funds and large institutions have $224M invested in Citi Trends in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 17 increasing their positions, 43 reducing their positions, and 10 closing their positions.
460% more call options, than puts
Call options by funds: $3.85M | Put options by funds: $686K
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
24% more capital invested
Capital invested by funds: $181M → $224M (+$43.2M)
14% more funds holding
Funds holding: 80 → 91 (+11)
0.69% more ownership
Funds ownership: 84.36% → 85.05% (+0.69%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$5.07M |
| 2 |
SCM
Stormborn Capital Management
Greenwich,
Connecticut
|
+$4.19M |
| 3 |
AI
Acuitas Investments
Seattle,
Washington
|
+$2.95M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$2.49M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.28M |
| 2 |
D.E. Shaw & Co
New York
|
-$2.31M |
| 3 |
Renaissance Technologies
New York
|
-$1.82M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$1.07M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.06M |
CTRN Hedge Fund Activity: Q3 2020 in Review
91 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2020, worth a combined $224M — up 24% from $181M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CTRN positions and 10 closed out — a net gain of 12 holders — while 17 added to existing stakes and 43 trimmed.
The largest buyer was J. Goldman & Co, adding an estimated $5.07M. The largest seller was BlackRock, cutting an estimated $5.28M.
- 91 institutional investors held Citi Trends (CTRN) as of Q3 2020, up from 80 in Q2 2020.
- Funds reported $224M of Citi Trends stock for Q3 2020, up 24% quarter-over-quarter.
- 22 funds opened new Citi Trends positions in Q3 2020 and 10 closed out, a net change of +12 holders.
- The largest Citi Trends buyer in Q3 2020 was J. Goldman & Co, an estimated $5.07M added.
- The largest Citi Trends seller in Q3 2020 was BlackRock, an estimated $5.28M sold.
Based on aggregated 13F filings for Q3 2020.