Citi Trends
CTRN
90 hedge funds and large institutions have $272M invested in Citi Trends in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 10 closing their positions.
24% more capital invested
Capital invested by funds: $219M → $272M (+$53.5M)
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
1% less funds holding
Funds holding: 91 → 90 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$3.56M |
| 2 |
AIC
AWM Investment Company
New York
|
+$3.34M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$1.43M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$1.32M |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$2.56M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$2.2M |
| 3 |
RA
Royce & Associates
New York
|
-$1.92M |
| 4 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$1.64M |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
-$1.24M |
CTRN Hedge Fund Activity: Q3 2016 in Review
90 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2016, worth a combined $272M — up 24% from $219M a quarter earlier.
Fund positioning in CTRN was balanced in Q3 2016: 10 funds opened new positions, 10 closed out, 33 added to existing stakes and 32 trimmed.
The largest buyer was Northpointe Capital, adding an estimated $3.56M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $2.56M sold.
- 90 institutional investors held Citi Trends (CTRN) as of Q3 2016, down from 91 in Q2 2016.
- Funds reported $272M of Citi Trends stock for Q3 2016, up 24% quarter-over-quarter.
- 10 funds opened new Citi Trends positions in Q3 2016 and 10 closed out, a net change of 0 holders.
- The largest Citi Trends buyer in Q3 2016 was Northpointe Capital, an estimated $3.56M added.
- The largest Citi Trends seller in Q3 2016 was Waddell & Reed Financial, an estimated $2.56M sold.
Based on aggregated 13F filings for Q3 2016.