Citi Trends
CTRN
114 hedge funds and large institutions have $339M invested in Citi Trends in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 42 reducing their positions, and 15 closing their positions.
1.14% more ownership
Funds ownership: 89.61% → 90.75% (+1.1%)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
1% more capital invested
Capital invested by funds: $336M → $339M (+$2.46M)
0% more funds holding
Funds holding: 114 → 114 (0)
10% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.33M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.19M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$1.7M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$1.42M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.35M |
| 2 |
Morgan Stanley
New York
|
-$4.31M |
| 3 |
GECH
Garnet Equity Capital Holdings
New York
|
-$3.02M |
| 4 |
Man Group
London,
United Kingdom
|
-$2.82M |
| 5 |
Renaissance Technologies
New York
|
-$2.2M |
CTRN Hedge Fund Activity: Q3 2018 in Review
114 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2018, worth a combined $339M — up 0.73% from $336M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CTRN positions and 15 closed out — a net gain of 1 holder — while 38 added to existing stakes and 42 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $2.33M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $4.35M sold.
- 114 institutional investors held Citi Trends (CTRN) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $339M of Citi Trends stock for Q3 2018, up 0.73% quarter-over-quarter.
- 16 funds opened new Citi Trends positions in Q3 2018 and 15 closed out, a net change of +1 holder.
- The largest Citi Trends buyer in Q3 2018 was Goldman Sachs, an estimated $2.33M added.
- The largest Citi Trends seller in Q3 2018 was Driehaus Capital Management, an estimated $4.35M sold.
Based on aggregated 13F filings for Q3 2018.