Citi Trends
CTRN
116 hedge funds and large institutions have $377M invested in Citi Trends in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 10 closing their positions.
625% more call options, than puts
Call options by funds: $529K | Put options by funds: $73K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
18% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 39
7% more capital invested
Capital invested by funds: $351M → $377M (+$25.6M)
5% more funds holding
Funds holding: 111 → 116 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.22M |
| 2 |
LCM
Lomas Capital Management
New York
|
+$5.05M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$4.31M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.42M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$8.12M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.07M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$4.05M |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$3.86M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.77M |
CTRN Hedge Fund Activity: Q1 2015 in Review
116 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q1 2015, worth a combined $377M — up 7.3% from $351M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new CTRN positions and 10 closed out — a net gain of 5 holders — while 46 added to existing stakes and 39 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $8.22M. The largest seller was Russell Frank Company, cutting an estimated $8.12M.
- 116 institutional investors held Citi Trends (CTRN) as of Q1 2015, up from 111 in Q4 2014.
- Funds reported $377M of Citi Trends stock for Q1 2015, up 7.3% quarter-over-quarter.
- 15 funds opened new Citi Trends positions in Q1 2015 and 10 closed out, a net change of +5 holders.
- The largest Citi Trends buyer in Q1 2015 was Fidelity Investments, an estimated $8.22M added.
- The largest Citi Trends seller in Q1 2015 was Russell Frank Company, an estimated $8.12M sold.
Based on aggregated 13F filings for Q1 2015.