Citi Trends
CTRN
91 hedge funds and large institutions have $219M invested in Citi Trends in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
4% less funds holding
Funds holding: 95 → 91 (-4)
14% less capital invested
Capital invested by funds: $253M → $219M (-$34.3M)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$6.03M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.02M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$3.29M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$2.59M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$13.1M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.68M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.1M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$2.05M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.38M |
CTRN Hedge Fund Activity: Q2 2016 in Review
91 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2016, worth a combined $219M — down 14% from $253M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CTRN and 13 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $6.03M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $13.1M sold.
- 91 institutional investors held Citi Trends (CTRN) as of Q2 2016, down from 95 in Q1 2016.
- Funds reported $219M of Citi Trends stock for Q2 2016, down 14% quarter-over-quarter.
- 13 funds opened new Citi Trends positions in Q2 2016 and 16 closed out, a net change of -3 holders.
- The largest Citi Trends buyer in Q2 2016 was Paradigm Capital Management Inc, an estimated $6.03M added.
- The largest Citi Trends seller in Q2 2016 was Copper Rock Capital Partners, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2016.