Citi Trends
CTRN
103 hedge funds and large institutions have $446M invested in Citi Trends in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 28 increasing their positions, 40 reducing their positions, and 14 closing their positions.
8,535% more call options, than puts
Call options by funds: $9.76M | Put options by funds: $113K
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
99% more capital invested
Capital invested by funds: $224M → $446M (+$221M)
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
13% more funds holding
Funds holding: 91 → 103 (+12)
3.48% more ownership
Funds ownership: 85.05% → 88.53% (+3.5%)
30% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cowbird Capital
New York
|
+$18.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$15.6M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$4.34M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$3.4M |
| 5 |
BlackRock
New York
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.23M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$5.47M |
| 4 |
AI
Acuitas Investments
Seattle,
Washington
|
-$3.33M |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$2.64M |
CTRN Hedge Fund Activity: Q4 2020 in Review
103 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2020, worth a combined $446M — up 99% from $224M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CTRN positions and 14 closed out — a net gain of 12 holders — while 28 added to existing stakes and 40 trimmed.
The largest buyer was Cowbird Capital, opening a new position worth an estimated $18.1M. The largest seller was AllianceBernstein, cutting an estimated $15.7M.
- 103 institutional investors held Citi Trends (CTRN) as of Q4 2020, up from 91 in Q3 2020.
- Funds reported $446M of Citi Trends stock for Q4 2020, up 99% quarter-over-quarter.
- 26 funds opened new Citi Trends positions in Q4 2020 and 14 closed out, a net change of +12 holders.
- The largest Citi Trends buyer in Q4 2020 was Cowbird Capital, an estimated $18.1M added.
- The largest Citi Trends seller in Q4 2020 was AllianceBernstein, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2020.