Citi Trends
CTRN
88 hedge funds and large institutions have $188M invested in Citi Trends in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 20 closing their positions.
49% more capital invested
Capital invested by funds: $126M → $188M (+$61.8M)
1% more funds holding
Funds holding: 87 → 88 (+1)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
3.19% less ownership
Funds ownership: 94.1% → 90.91% (-3.2%)
28% less call options, than puts
Call options by funds: $4.75M | Put options by funds: $6.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$5.29M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.19M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.12M |
| 4 |
D.E. Shaw & Co
New York
|
+$2.11M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Soviero Asset Management
New York
|
-$6.22M |
| 2 |
JP Morgan Chase
New York
|
-$5.11M |
| 3 |
NFAM
North Fourth Asset Management
Englewood Cliffs,
New Jersey
|
-$4.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.45M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$1.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
101
Avior Wealth Management
Omaha,
Nebraska
| – | -$17K | -1,100 | Closed |
|
|
UB
102
UMB Bank
Kansas City,
Missouri
| – | -$6K | -400 | Closed |
|
|
PI
103
PineBridge Investments
New York
| – | -$5K | -311 | Closed |
|
104
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -67 | Closed |
|
|
CS
105
Credit Suisse
Zurich,
Switzerland
| – | -$1K | -45 | Closed |
|
CTRN Hedge Fund Activity: Q4 2022 in Review
88 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2022, worth a combined $188M — up 49% from $126M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CTRN positions and 20 closed out — a net gain of 1 holder — while 28 added to existing stakes and 28 trimmed.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $5.29M. The largest seller was Soviero Asset Management, cutting an estimated $6.22M.
- 88 institutional investors held Citi Trends (CTRN) as of Q4 2022, up from 87 in Q3 2022.
- Funds reported $188M of Citi Trends stock for Q4 2022, up 49% quarter-over-quarter.
- 21 funds opened new Citi Trends positions in Q4 2022 and 20 closed out, a net change of +1 holder.
- The largest Citi Trends buyer in Q4 2022 was Cooper Creek Partners Management, an estimated $5.29M added.
- The largest Citi Trends seller in Q4 2022 was Soviero Asset Management, an estimated $6.22M sold.
Based on aggregated 13F filings for Q4 2022.