Citi Trends
CTRN
150 hedge funds and large institutions have $672M invested in Citi Trends in 2021 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 61 reducing their positions, and 32 closing their positions.
98% more call options, than puts
Call options by funds: $9.38M | Put options by funds: $4.74M
4.8% more ownership
Funds ownership: 96.61% → 101.41% (+4.8%)
7% less funds holding
Funds holding: 161 → 150 (-11)
14% less capital invested
Capital invested by funds: $784M → $672M (-$112M)
18% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 61
28% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$13.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.6M |
| 3 |
SCM
Stormborn Capital Management
Greenwich,
Connecticut
|
+$10.2M |
| 4 |
Goldman Sachs
New York
|
+$9.26M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$9.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$11.6M |
| 2 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
-$8.02M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$7.16M |
| 4 |
HGM
Highside Global Management
Dallas,
Texas
|
-$7.05M |
| 5 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$6.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
176
TCI Wealth Advisors
Tucson,
Arizona
| – | -$8K | -94 | Closed |
|
|
NFSG
177
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$4K | -50 | Closed |
|
|
DTIM
178
Danda Trouve Investment Management
Prairie Village,
Kansas
| – | -$4K | -48 | Closed |
|
|
FPW
179
Flagship Private Wealth
Woburn,
Massachusetts
| – | -$1.84K | -22 | Closed |
|
180
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -20 | Closed |
|
|
DA
181
Denali Advisors
San Diego,
California
| – | +$480 | +6 | New |
|
CTRN Hedge Fund Activity: Q3 2021 in Review
150 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2021, worth a combined $672M — down 14% from $784M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CTRN and 23 opened new positions — a net loss of 9 holders — while 61 trimmed existing stakes and 50 added.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $13.8M. The largest seller was Dimensional Fund Advisors, cutting an estimated $11.6M.
- 150 institutional investors held Citi Trends (CTRN) as of Q3 2021, down from 161 in Q2 2021.
- Funds reported $672M of Citi Trends stock for Q3 2021, down 14% quarter-over-quarter.
- 23 funds opened new Citi Trends positions in Q3 2021 and 32 closed out, a net change of -9 holders.
- The largest Citi Trends buyer in Q3 2021 was Polar Asset Management Partners, an estimated $13.8M added.
- The largest Citi Trends seller in Q3 2021 was Dimensional Fund Advisors, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2021.