Citi Trends
CTRN
111 hedge funds and large institutions have $351M invested in Citi Trends in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 45 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
14% more capital invested
Capital invested by funds: $307M → $351M (+$44.3M)
7% more funds holding
Funds holding: 104 → 111 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.59M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.51M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.4M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.92M |
| 5 |
GECH
Garnet Equity Capital Holdings
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$4.75M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.71M |
| 3 |
Morgan Stanley
New York
|
-$2.15M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$1.96M |
| 5 |
Renaissance Technologies
New York
|
-$1.76M |
CTRN Hedge Fund Activity: Q4 2014 in Review
111 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2014, worth a combined $351M — up 14% from $307M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CTRN positions and 5 closed out — a net gain of 9 holders — while 38 added to existing stakes and 45 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $4.59M. The largest seller was Massachusetts Financial Services, cutting an estimated $4.75M.
- 111 institutional investors held Citi Trends (CTRN) as of Q4 2014, up from 104 in Q3 2014.
- Funds reported $351M of Citi Trends stock for Q4 2014, up 14% quarter-over-quarter.
- 14 funds opened new Citi Trends positions in Q4 2014 and 5 closed out, a net change of +9 holders.
- The largest Citi Trends buyer in Q4 2014 was Portolan Capital Management, an estimated $4.59M added.
- The largest Citi Trends seller in Q4 2014 was Massachusetts Financial Services, an estimated $4.75M sold.
Based on aggregated 13F filings for Q4 2014.