Citi Trends
CTRN
82 hedge funds and large institutions have $231M invested in Citi Trends in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 11 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 29
5% less capital invested
Capital invested by funds: $242M → $231M (-$11.2M)
4% less funds holding
Funds holding: 85 → 82 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.17M |
| 2 |
PC
Pier Capital
Stamford,
Connecticut
|
+$3.76M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$1.4M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$1.22M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$742K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$5.2M |
| 2 |
JP Morgan Chase
New York
|
-$1.59M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.45M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.33M |
| 5 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$1.27M |
CTRN Hedge Fund Activity: Q1 2014 in Review
82 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q1 2014, worth a combined $231M — down 4.6% from $242M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CTRN and 9 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 31 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $5.17M. The largest seller was Nantahala Capital Management, cutting an estimated $5.2M.
- 82 institutional investors held Citi Trends (CTRN) as of Q1 2014, down from 85 in Q4 2013.
- Funds reported $231M of Citi Trends stock for Q1 2014, down 4.6% quarter-over-quarter.
- 9 funds opened new Citi Trends positions in Q1 2014 and 11 closed out, a net change of -2 holders.
- The largest Citi Trends buyer in Q1 2014 was Ameriprise, an estimated $5.17M added.
- The largest Citi Trends seller in Q1 2014 was Nantahala Capital Management, an estimated $5.2M sold.
Based on aggregated 13F filings for Q1 2014.