Citi Trends
CTRN
100 hedge funds and large institutions have $204M invested in Citi Trends in 2022 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 45 reducing their positions, and 48 closing their positions.
172% more call options, than puts
Call options by funds: $8.97M | Put options by funds: $3.3M
16.56% less ownership
Funds ownership: 119.32% → 102.76% (-17%)
26% less funds holding
Funds holding: 135 → 100 (-35)
34% less capital invested
Capital invested by funds: $311M → $204M (-$107M)
44% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 45
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
67% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$7.82M |
| 2 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$7.47M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.34M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.89M |
| 5 |
Millennium Management
New York
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$17.4M |
| 2 |
CC
Cowbird Capital
New York
|
-$15M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$6.08M |
| 4 |
Goldman Sachs
New York
|
-$6.03M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.95M |
CTRN Hedge Fund Activity: Q2 2022 in Review
100 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2022, worth a combined $204M — down 34% from $311M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of CTRN and 16 opened new positions — a net loss of 32 holders — while 45 trimmed existing stakes and 25 added.
The largest buyer was Victory Capital Management, adding an estimated $7.82M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $17.4M sold.
- 100 institutional investors held Citi Trends (CTRN) as of Q2 2022, down from 135 in Q1 2022.
- Funds reported $204M of Citi Trends stock for Q2 2022, down 34% quarter-over-quarter.
- 16 funds opened new Citi Trends positions in Q2 2022 and 48 closed out, a net change of -32 holders.
- The largest Citi Trends buyer in Q2 2022 was Victory Capital Management, an estimated $7.82M added.
- The largest Citi Trends seller in Q2 2022 was Adage Capital Partners, an estimated $17.4M sold.
Based on aggregated 13F filings for Q2 2022.