Citi Trends
CTRN
89 hedge funds and large institutions have $221M invested in Citi Trends in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 8 closing their positions.
493% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $263K
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
37% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 90 → 89 (-1)
2.45% less ownership
Funds ownership: 89.29% → 86.84% (-2.4%)
12% less capital invested
Capital invested by funds: $251M → $221M (-$29.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$16.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.76M |
| 3 |
Millennium Management
New York
|
+$1.67M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.2M |
| 5 |
AF
Aegis Financial
Mc Lean,
Virginia
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$5.84M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$3.23M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$2.07M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.45M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.11M |
CTRN Hedge Fund Activity: Q1 2017 in Review
89 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q1 2017, worth a combined $221M — down 12% from $251M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CTRN positions and 8 closed out — a net gain of 5 holders — while 37 added to existing stakes and 27 trimmed.
The largest buyer was BlackRock, adding an estimated $16.6M. The largest seller was Northpointe Capital, cutting an estimated $5.84M.
- 89 institutional investors held Citi Trends (CTRN) as of Q1 2017, down from 90 in Q4 2016.
- Funds reported $221M of Citi Trends stock for Q1 2017, down 12% quarter-over-quarter.
- 13 funds opened new Citi Trends positions in Q1 2017 and 8 closed out, a net change of +5 holders.
- The largest Citi Trends buyer in Q1 2017 was BlackRock, an estimated $16.6M added.
- The largest Citi Trends seller in Q1 2017 was Northpointe Capital, an estimated $5.84M sold.
Based on aggregated 13F filings for Q1 2017.