Citi Trends
CTRN
157 hedge funds and large institutions have $933M invested in Citi Trends in 2021 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 49 increasing their positions, 59 reducing their positions, and 23 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
56% more call options, than puts
Call options by funds: $32.8M | Put options by funds: $21M
39% more capital invested
Capital invested by funds: $672M → $933M (+$261M)
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
14.67% more ownership
Funds ownership: 101.41% → 116.09% (+15%)
5% more funds holding
Funds holding: 150 → 157 (+7)
17% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$35.9M |
| 2 |
FAM
Fred Alger Management
New York
|
+$22M |
| 3 |
Jennison Associates
New York
|
+$12.9M |
| 4 |
Rockefeller Capital Management
New York
|
+$12.7M |
| 5 |
Morgan Stanley
New York
|
+$5.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$15.8M |
| 2 |
Millennium Management
New York
|
-$11.6M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$11M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$8.85M |
| 5 |
Renaissance Technologies
New York
|
-$8.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
176
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$45K | -616 | Closed |
|
177
Group One Trading
Chicago,
Illinois
| – | -$15.8K | -198 | Closed |
|
|
FMP
178
Financial Management Professionals
Austin,
Texas
| – | -$11K | -150 | Closed |
|
|
ST
179
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$7K | -99 | Closed |
|
180
Bessemer Group
Woodbridge,
New Jersey
| – | -$5K | -70 | Closed |
|
CTRN Hedge Fund Activity: Q4 2021 in Review
157 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2021, worth a combined $933M — up 39% from $672M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CTRN positions and 23 closed out — a net gain of 8 holders — while 49 added to existing stakes and 59 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $35.9M. The largest seller was Dimensional Fund Advisors, cutting an estimated $15.8M.
- 157 institutional investors held Citi Trends (CTRN) as of Q4 2021, up from 150 in Q3 2021.
- Funds reported $933M of Citi Trends stock for Q4 2021, up 39% quarter-over-quarter.
- 31 funds opened new Citi Trends positions in Q4 2021 and 23 closed out, a net change of +8 holders.
- The largest Citi Trends buyer in Q4 2021 was Adage Capital Partners, an estimated $35.9M added.
- The largest Citi Trends seller in Q4 2021 was Dimensional Fund Advisors, an estimated $15.8M sold.
Based on aggregated 13F filings for Q4 2021.