Citi Trends
CTRN
95 hedge funds and large institutions have $160M invested in Citi Trends in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 41 reducing their positions, and 18 closing their positions.
138,800% more call options, than puts
Call options by funds: $2.78M | Put options by funds: $2K
4.78% more ownership
Funds ownership: 86.06% → 90.84% (+4.8%)
10% less funds holding
Funds holding: 106 → 95 (-11)
25% less capital invested
Capital invested by funds: $215M → $160M (-$54.4M)
34% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 41
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.14M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.46M |
| 3 |
Renaissance Technologies
New York
|
+$3M |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$2.64M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.27M |
| 2 |
BlackRock
New York
|
-$2.11M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.71M |
| 5 |
Man Group
London,
United Kingdom
|
-$1.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
VOYA Investment Management
Atlanta,
Georgia
| – | -$470K | -24,361 | Closed |
|
|
BPM
102
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$380K | -19,655 | Closed |
|
103
Axa
Paris,
France
| – | -$239K | -12,400 | Closed |
|
|
USAA
104
United Services Automobile Association
San Antonio,
Texas
| – | -$227K | -11,775 | Closed |
|
|
GCP
105
GSA Capital Partners
London,
United Kingdom
| – | -$219K | -11,348 | Closed |
|
|
PI
106
Putnam Investments
Boston,
Massachusetts
| – | -$214K | -11,061 | Closed |
|
|
SC
107
Skylands Capital
Milwaukee,
Wisconsin
| – | -$213K | -11,050 | Closed |
|
108
Parallax Volatility Advisers
San Francisco,
California
| – | -$45K | -2,306 | Closed |
|
109
SEI Investments
Oaks,
Pennsylvania
| – | -$36K | -1,857 | Closed |
|
110
Russell Investments Group
London,
United Kingdom
| – | -$30K | -1,536 | Closed |
|
111
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -140 | Closed |
|
|
PCP
112
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -55 | Closed |
|
CTRN Hedge Fund Activity: Q2 2019 in Review
95 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2019, worth a combined $160M — down 25% from $215M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CTRN and 9 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 27 added.
The largest buyer was Morgan Stanley, adding an estimated $5.14M. The largest seller was AJO LP, exiting entirely with an estimated $2.27M sold.
- 95 institutional investors held Citi Trends (CTRN) as of Q2 2019, down from 106 in Q1 2019.
- Funds reported $160M of Citi Trends stock for Q2 2019, down 25% quarter-over-quarter.
- 9 funds opened new Citi Trends positions in Q2 2019 and 18 closed out, a net change of -9 holders.
- The largest Citi Trends buyer in Q2 2019 was Morgan Stanley, an estimated $5.14M added.
- The largest Citi Trends seller in Q2 2019 was AJO LP, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2019.