Citi Trends
CTRN
86 hedge funds and large institutions have $247M invested in Citi Trends in 2013 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 16 reducing their positions, and 5 closing their positions.
380% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 5
248% more call options, than puts
Call options by funds: $87K | Put options by funds: $25K
113% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 16
28% more funds holding
Funds holding: 67 → 86 (+19)
20% more capital invested
Capital invested by funds: $206M → $247M (+$41.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.23M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
+$6.17M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.14M |
| 4 |
Renaissance Technologies
New York
|
+$1.83M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.6M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$7.82M |
| 3 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$2.57M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.69M |
| 5 |
RA
Royce & Associates
New York
|
-$1.67M |
CTRN Hedge Fund Activity: Q3 2013 in Review
86 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2013, worth a combined $247M — up 20% from $206M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CTRN positions and 5 closed out — a net gain of 19 holders — while 34 added to existing stakes and 16 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $6.23M. The largest seller was Fidelity Investments, cutting an estimated $21.6M.
- 86 institutional investors held Citi Trends (CTRN) as of Q3 2013, up from 67 in Q2 2013.
- Funds reported $247M of Citi Trends stock for Q3 2013, up 20% quarter-over-quarter.
- 24 funds opened new Citi Trends positions in Q3 2013 and 5 closed out, a net change of +19 holders.
- The largest Citi Trends buyer in Q3 2013 was Wellington Management Group, an estimated $6.23M added.
- The largest Citi Trends seller in Q3 2013 was Fidelity Investments, an estimated $21.6M sold.
Based on aggregated 13F filings for Q3 2013.