Citi Trends
CTRN
115 hedge funds and large institutions have $389M invested in Citi Trends in 2018 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 17 closing their positions.
5,343% more call options, than puts
Call options by funds: $2.67M | Put options by funds: $49K
21% more capital invested
Capital invested by funds: $323M → $389M (+$66.7M)
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
2.89% more ownership
Funds ownership: 88.82% → 91.7% (+2.9%)
0% more funds holding
Funds holding: 115 → 115 (0)
30% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 47
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$4.49M |
| 2 |
Morgan Stanley
New York
|
+$3.26M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$2.54M |
| 4 |
Renaissance Technologies
New York
|
+$2.47M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.64M |
| 2 |
GECH
Garnet Equity Capital Holdings
New York
|
-$3.38M |
| 3 |
AG
Algert Global
San Francisco,
California
|
-$2.21M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.14M |
| 5 |
Two Sigma Investments
New York
|
-$2.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
Paloma Partners
Greenwich,
Connecticut
| – | -$216K | -8,182 | Closed |
|
127
Parallax Volatility Advisers
San Francisco,
California
| – | -$53K | -2,016 | Closed |
|
|
EWM
128
Evercore Wealth Management
New York
| – | -$26K | -1,000 | Closed |
|
|
TRCT
129
Tower Research Capital (TRC)
New York
| – | -$19K | -714 | Closed |
|
|
MA
130
MUFG Americas
New York
| – | -$5K | -183 | Closed |
|
|
PHK
131
Point72 Hong Kong
Hong Kong
| – | -$1K | -25 | Closed |
|
CTRN Hedge Fund Activity: Q1 2018 in Review
115 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q1 2018, worth a combined $389M — up 21% from $323M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CTRN positions and 17 closed out — a net gain of 2 holders — while 33 added to existing stakes and 47 trimmed.
The largest buyer was Northpointe Capital, adding an estimated $4.49M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $3.64M sold.
- 115 institutional investors held Citi Trends (CTRN) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $389M of Citi Trends stock for Q1 2018, up 21% quarter-over-quarter.
- 19 funds opened new Citi Trends positions in Q1 2018 and 17 closed out, a net change of +2 holders.
- The largest Citi Trends buyer in Q1 2018 was Northpointe Capital, an estimated $4.49M added.
- The largest Citi Trends seller in Q1 2018 was Assenagon Asset Management, an estimated $3.64M sold.
Based on aggregated 13F filings for Q1 2018.