Citi Trends
CTRN
113 hedge funds and large institutions have $232M invested in Citi Trends in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 47 reducing their positions, and 19 closing their positions.
0% more call options, than puts
Call options by funds: $1.63M | Put options by funds: $1.63M
1% less funds holding
Funds holding: 114 → 113 (-1)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
2.68% less ownership
Funds ownership: 90.75% → 88.07% (-2.7%)
30% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 47
31% less capital invested
Capital invested by funds: $339M → $232M (-$107M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.22M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.84M |
| 3 |
GECH
Garnet Equity Capital Holdings
New York
|
+$2.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.57M |
| 5 |
Goldman Sachs
New York
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$4.05M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.47M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.32M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.07M |
| 5 |
Millennium Management
New York
|
-$1.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Prelude Capital Management
New York
| – | -$17K | -574 | Closed |
|
|
DWA
127
Dorsey Wright & Associates
Pasadena,
California
| – | -$14K | -485 | Closed |
|
128
Simplex Trading
Chicago,
Illinois
| – | -$10K | -375 | Closed |
|
|
SWP
129
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$6K | -213 | Closed |
|
|
CAC
130
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$3K | -100 | Closed |
|
|
LTFS
131
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$308 | +13 | New |
|
|
MOS
132
MGO One Seven
Beachwood,
Ohio
| – | +$923 | +39 | New |
|
CTRN Hedge Fund Activity: Q4 2018 in Review
113 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2018, worth a combined $232M — down 31% from $339M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CTRN and 18 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 33 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $3.22M. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $4.05M sold.
- 113 institutional investors held Citi Trends (CTRN) as of Q4 2018, down from 114 in Q3 2018.
- Funds reported $232M of Citi Trends stock for Q4 2018, down 31% quarter-over-quarter.
- 18 funds opened new Citi Trends positions in Q4 2018 and 19 closed out, a net change of -1 holder.
- The largest Citi Trends buyer in Q4 2018 was Paradigm Capital Management Inc, an estimated $3.22M added.
- The largest Citi Trends seller in Q4 2018 was Jacobs Levy Equity Management, an estimated $4.05M sold.
Based on aggregated 13F filings for Q4 2018.