Citi Trends
CTRN
122 hedge funds and large institutions have $347M invested in Citi Trends in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
5% more funds holding
Funds holding: 116 → 122 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less capital invested
Capital invested by funds: $377M → $347M (-$29.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.92M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$5.04M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.51M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$3.25M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$17.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.66M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.44M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$3.21M |
CTRN Hedge Fund Activity: Q2 2015 in Review
122 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2015, worth a combined $347M — down 7.9% from $377M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CTRN positions and 13 closed out — a net gain of 6 holders — while 54 added to existing stakes and 40 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $9.92M. The largest seller was Massachusetts Financial Services, cutting an estimated $17.8M.
- 122 institutional investors held Citi Trends (CTRN) as of Q2 2015, up from 116 in Q1 2015.
- Funds reported $347M of Citi Trends stock for Q2 2015, down 7.9% quarter-over-quarter.
- 19 funds opened new Citi Trends positions in Q2 2015 and 13 closed out, a net change of +6 holders.
- The largest Citi Trends buyer in Q2 2015 was Fidelity Investments, an estimated $9.92M added.
- The largest Citi Trends seller in Q2 2015 was Massachusetts Financial Services, an estimated $17.8M sold.
Based on aggregated 13F filings for Q2 2015.