Citi Trends
CTRN
101 hedge funds and large institutions have $297M invested in Citi Trends in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 33 increasing their positions, 35 reducing their positions, and 6 closing their positions.
12,050% more call options, than puts
Call options by funds: $243K | Put options by funds: $2K
317% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 6
29% more capital invested
Capital invested by funds: $231M → $297M (+$66M)
23% more funds holding
Funds holding: 82 → 101 (+19)
6% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.2M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$2.52M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.64M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.62M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$7.51M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$4.97M |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$3.84M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
-$3.71M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BMCMI
101
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$484K | -29,702 | Closed |
|
102
ProShare Advisors
Bethesda,
Maryland
| – | -$255K | -15,647 | Closed |
|
|
AWMDMG
103
Austin W. Marxe & David M. Greenhouse
New York
| – | -$236K | -14,473 | Closed |
|
|
RCM
104
Rotella Capital Management
Bellevue,
Washington
| – | -$167K | -10,256 | Closed |
|
|
CLM
105
ClearBridge LLC (Maryland)
Baltimore,
Maryland
| – | -$16K | -977 | Closed |
|
|
TRCT
106
Tower Research Capital (TRC)
New York
| – | +$280 | +15 | New |
|
CTRN Hedge Fund Activity: Q2 2014 in Review
101 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2014, worth a combined $297M — up 29% from $231M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CTRN positions and 6 closed out — a net gain of 19 holders — while 33 added to existing stakes and 35 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $10.2M. The largest seller was Royce & Associates, cutting an estimated $7.51M.
- 101 institutional investors held Citi Trends (CTRN) as of Q2 2014, up from 82 in Q1 2014.
- Funds reported $297M of Citi Trends stock for Q2 2014, up 29% quarter-over-quarter.
- 25 funds opened new Citi Trends positions in Q2 2014 and 6 closed out, a net change of +19 holders.
- The largest Citi Trends buyer in Q2 2014 was AllianceBernstein, an estimated $10.2M added.
- The largest Citi Trends seller in Q2 2014 was Royce & Associates, an estimated $7.51M sold.
Based on aggregated 13F filings for Q2 2014.