Citi Trends
CTRN
74 hedge funds and large institutions have $233M invested in Citi Trends in 2024 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 13 closing their positions.
273% more call options, than puts
Call options by funds: $757K | Put options by funds: $203K
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
4% more funds holding
Funds holding: 71 → 74 (+3)
3.49% more ownership
Funds ownership: 97.1% → 100.59% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $235M → $233M (-$1.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
F1I
Fund 1 Investments
Rincon,
Puerto Rico
|
+$10M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$6.37M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$2.07M |
| 4 |
Millennium Management
New York
|
+$1.94M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$5.44M |
| 2 |
Bank of New York Mellon
New York
|
-$4.56M |
| 3 |
Morgan Stanley
New York
|
-$3.2M |
| 4 |
BlackRock
New York
|
-$2.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
76
GSA Capital Partners
London,
United Kingdom
| – | -$566K | -20,000 | Closed |
|
77
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$373K | -13,200 | Closed |
|
|
AA
78
Ancora Advisors
Cleveland,
Ohio
| – | -$356K | -12,590 | Closed |
|
|
6CM
79
683 Capital Management
New York
| – | -$274K | -9,673 | Closed |
|
|
OQS
80
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$229K | -8,096 | Closed |
|
81
HSBC Holdings
London,
United Kingdom
| – | -$202K | -7,200 | Closed |
|
82
Citadel Advisors
Miami,
Florida
| – | -$95.6K | -3,316 | Closed |
|
83
Group One Trading
Chicago,
Illinois
| – | -$5.76K | -200 | Closed |
|
|
HNB
84
Huntington National Bank
Columbus,
Ohio
| – | -$1.98K | -70 | Closed |
|
85
Osaic Holdings
Scottsdale,
Arizona
| – | -$989 | -35 | Closed |
|
|
W
86
WealthCollab
Bellevue,
Washington
| – | -$962 | -34 | Closed |
|
|
ASN
87
Advisory Services Network
Atlanta,
Georgia
| – | -$283 | -10 | Closed |
|
CTRN Hedge Fund Activity: Q1 2024 in Review
74 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q1 2024, worth a combined $233M — down 0.62% from $235M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CTRN positions and 13 closed out — a net gain of 3 holders — while 31 added to existing stakes and 19 trimmed.
The largest buyer was Fund 1 Investments, adding an estimated $10M. The largest seller was Paradigm Capital Management Inc, cutting an estimated $5.44M.
- 74 institutional investors held Citi Trends (CTRN) as of Q1 2024, up from 71 in Q4 2023.
- Funds reported $233M of Citi Trends stock for Q1 2024, down 0.62% quarter-over-quarter.
- 16 funds opened new Citi Trends positions in Q1 2024 and 13 closed out, a net change of +3 holders.
- The largest Citi Trends buyer in Q1 2024 was Fund 1 Investments, an estimated $10M added.
- The largest Citi Trends seller in Q1 2024 was Paradigm Capital Management Inc, an estimated $5.44M sold.
Based on aggregated 13F filings for Q1 2024.