Citi Trends
CTRN
70 hedge funds and large institutions have $194M invested in Citi Trends in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 20 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
5.64% more ownership
Funds ownership: 100.59% → 106.23% (+5.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 74 → 70 (-4)
17% less capital invested
Capital invested by funds: $233M → $194M (-$38.8M)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
97% less call options, than puts
Call options by funds: $21K | Put options by funds: $825K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
F1I
Fund 1 Investments
Rincon,
Puerto Rico
|
+$19.9M |
| 2 |
BlackRock
New York
|
+$7.73M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.23M |
| 4 |
AIC
AWM Investment Company
New York
|
+$2.14M |
| 5 |
SC
Shay Capital
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$5.01M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$4.29M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.14M |
| 4 |
Jane Street
New York
|
-$2.62M |
| 5 |
Millennium Management
New York
|
-$2.26M |
CTRN Hedge Fund Activity: Q2 2024 in Review
70 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2024, worth a combined $194M — down 17% from $233M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CTRN and 16 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 26 added.
The largest buyer was Fund 1 Investments, adding an estimated $19.9M. The largest seller was Cooper Creek Partners Management, cutting an estimated $5.01M.
- 70 institutional investors held Citi Trends (CTRN) as of Q2 2024, down from 74 in Q1 2024.
- Funds reported $194M of Citi Trends stock for Q2 2024, down 17% quarter-over-quarter.
- 16 funds opened new Citi Trends positions in Q2 2024 and 20 closed out, a net change of -4 holders.
- The largest Citi Trends buyer in Q2 2024 was Fund 1 Investments, an estimated $19.9M added.
- The largest Citi Trends seller in Q2 2024 was Cooper Creek Partners Management, an estimated $5.01M sold.
Based on aggregated 13F filings for Q2 2024.