Citi Trends
CTRN
91 hedge funds and large institutions have $236M invested in Citi Trends in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 24 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 24
2.98% more ownership
Funds ownership: 83.47% → 86.45% (+3%)
0% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $1.99M
2% less funds holding
Funds holding: 93 → 91 (-2)
11% less capital invested
Capital invested by funds: $265M → $236M (-$28.6M)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.06M |
| 2 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$3.97M |
| 3 |
BlackRock
New York
|
+$3.08M |
| 4 |
Millennium Management
New York
|
+$2.77M |
| 5 |
AG
Algert Global
San Francisco,
California
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$14.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.09M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.71M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$6.22M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$2.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Goldman Sachs
New York
| – | -$242K | -11,409 | Closed |
|
|
HHC
102
Hutchin Hill Capital
New York
| – | -$208K | -9,800 | Closed |
|
|
AIM
103
Acrospire Investment Management
Chicago,
Illinois
| – | -$51K | -2,411 | Closed |
|
104
Walleye Trading
New York
| – | -$23 | -1,100 | Closed |
|
|
IA
105
IFP Advisors
Tampa,
Florida
| – | -$8K | -400 | Closed |
|
106
Creative Planning
Overland Park,
Kansas
| – | -$2K | -78 | Closed |
|
CTRN Hedge Fund Activity: Q3 2017 in Review
91 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2017, worth a combined $236M — down 11% from $265M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CTRN and 14 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 39 added.
The largest buyer was Numeric Investors, adding an estimated $4.06M. The largest seller was Massachusetts Financial Services, cutting an estimated $14.2M.
- 91 institutional investors held Citi Trends (CTRN) as of Q3 2017, down from 93 in Q2 2017.
- Funds reported $236M of Citi Trends stock for Q3 2017, down 11% quarter-over-quarter.
- 14 funds opened new Citi Trends positions in Q3 2017 and 16 closed out, a net change of -2 holders.
- The largest Citi Trends buyer in Q3 2017 was Numeric Investors, an estimated $4.06M added.
- The largest Citi Trends seller in Q3 2017 was Massachusetts Financial Services, an estimated $14.2M sold.
Based on aggregated 13F filings for Q3 2017.