Citi Trends
CTRN
104 hedge funds and large institutions have $307M invested in Citi Trends in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 37 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
3% more funds holding
Funds holding: 101 → 104 (+3)
5% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 37
3% more capital invested
Capital invested by funds: $297M → $307M (+$9.81M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.02M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$3.59M |
| 3 |
Renaissance Technologies
New York
|
+$3.42M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$1.98M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$8.86M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.13M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$4.59M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$859K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$788K |
CTRN Hedge Fund Activity: Q3 2014 in Review
104 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2014, worth a combined $307M — up 3.3% from $297M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CTRN positions and 11 closed out — a net gain of 3 holders — while 39 added to existing stakes and 37 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $4.02M. The largest seller was Franklin Resources, cutting an estimated $8.86M.
- 104 institutional investors held Citi Trends (CTRN) as of Q3 2014, up from 101 in Q2 2014.
- Funds reported $307M of Citi Trends stock for Q3 2014, up 3.3% quarter-over-quarter.
- 14 funds opened new Citi Trends positions in Q3 2014 and 11 closed out, a net change of +3 holders.
- The largest Citi Trends buyer in Q3 2014 was JP Morgan Chase, an estimated $4.02M added.
- The largest Citi Trends seller in Q3 2014 was Franklin Resources, an estimated $8.86M sold.
Based on aggregated 13F filings for Q3 2014.