Citi Trends
CTRN
161 hedge funds and large institutions have $784M invested in Citi Trends in 2021 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 55 increasing their positions, 49 reducing their positions, and 32 closing their positions.
105% more call options, than puts
Call options by funds: $14M | Put options by funds: $6.84M
44% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 32
12% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 49
12.15% more ownership
Funds ownership: 84.46% → 96.61% (+12%)
10% more funds holding
Funds holding: 147 → 161 (+14)
9% more capital invested
Capital invested by funds: $717M → $784M (+$67M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.6M |
| 2 |
Jennison Associates
New York
|
+$32.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$14.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.85M |
| 5 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$22.6M |
| 2 |
Two Sigma Investments
New York
|
-$10.4M |
| 3 |
BlackRock
New York
|
-$10.4M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
-$7.66M |
| 5 |
Two Sigma Advisers
New York
|
-$6.99M |
CTRN Hedge Fund Activity: Q2 2021 in Review
161 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2021, worth a combined $784M — up 9.3% from $717M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CTRN positions and 32 closed out — a net gain of 14 holders — while 55 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $37.6M. The largest seller was AllianceBernstein, cutting an estimated $22.6M.
- 161 institutional investors held Citi Trends (CTRN) as of Q2 2021, up from 147 in Q1 2021.
- Funds reported $784M of Citi Trends stock for Q2 2021, up 9.3% quarter-over-quarter.
- 46 funds opened new Citi Trends positions in Q2 2021 and 32 closed out, a net change of +14 holders.
- The largest Citi Trends buyer in Q2 2021 was Fidelity Investments, an estimated $37.6M added.
- The largest Citi Trends seller in Q2 2021 was AllianceBernstein, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2021.