Citi Trends
CTRN
75 hedge funds and large institutions have $162M invested in Citi Trends in 2024 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
7% more funds holding
Funds holding: 70 → 75 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.01% less ownership
Funds ownership: 106.23% → 102.22% (-4%)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
17% less capital invested
Capital invested by funds: $194M → $162M (-$32.4M)
85% less call options, than puts
Call options by funds: $229K | Put options by funds: $1.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$5.89M |
| 2 |
AIC
AWM Investment Company
New York
|
+$3.32M |
| 3 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$2.23M |
| 4 |
SC
Shay Capital
New York
|
+$2.13M |
| 5 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$8.71M |
| 2 |
Jennison Associates
New York
|
-$7.98M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.63M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$3.36M |
| 5 |
BlackRock
New York
|
-$1.4M |
CTRN Hedge Fund Activity: Q3 2024 in Review
75 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2024, worth a combined $162M — down 17% from $194M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CTRN positions and 14 closed out — a net gain of 5 holders — while 23 added to existing stakes and 27 trimmed.
The largest buyer was Long Focus Capital Management, adding an estimated $5.89M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $8.71M sold.
- 75 institutional investors held Citi Trends (CTRN) as of Q3 2024, up from 70 in Q2 2024.
- Funds reported $162M of Citi Trends stock for Q3 2024, down 17% quarter-over-quarter.
- 19 funds opened new Citi Trends positions in Q3 2024 and 14 closed out, a net change of +5 holders.
- The largest Citi Trends buyer in Q3 2024 was Long Focus Capital Management, an estimated $5.89M added.
- The largest Citi Trends seller in Q3 2024 was Cooper Creek Partners Management, an estimated $8.71M sold.
Based on aggregated 13F filings for Q3 2024.