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Citi Trends

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

1% less funds holding

Funds holding: 9089 (-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)

Holders
89
Holders Change
-1
Holders Change %
-1.11%
% of All Funds
2.22%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
37
Reduced
27
Closed
8
Calls
$1.56M
Puts
$263K
Net Calls
+$1.3M
Net Calls Change
+$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$26.9M
PCMI
2
Paradigm Capital Management Inc
New York
$24.9M -$336K -19,300 -1%
AllianceBernstein
3
AllianceBernstein
Tennessee
$21.5M -$1.45M -83,268 -6%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$21.4M +$176K +10,098 +0.8%
BlackRock
5
BlackRock
New York
$16.3M +$16.6M +955,269 +29,806%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$14.2M -$3.23M -185,572 -18%
NCM
7
Nantahala Capital Management
Connecticut
$11.7M -$2.07M -118,997 -15%
Vanguard Group
8
Vanguard Group
Pennsylvania
$10.2M +$639K +36,687 +6%
AIC
9
AWM Investment Company
New York
$7.31M +$913K +52,427 +14%
State Street
10
State Street
Massachusetts
$4.78M +$166K +9,558 +4%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$3.37M +$224K +12,856 +7%
NC
12
Northpointe Capital
Michigan
$3.37M -$5.84M -335,254 -63%
Northern Trust
13
Northern Trust
Illinois
$3.31M +$15K +863 +0.4%
RA
14
Royce & Associates
New York
$3.08M -$284K -16,300 -8%
KCM
15
Kennedy Capital Management
Missouri
$2.88M +$1.2M +69,089 +69%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$2.7M +$2.76M +158,597 New
AQR Capital Management
17
AQR Capital Management
Connecticut
$2.44M -$183K -10,532 -7%
Millennium Management
18
Millennium Management
New York
$2.22M +$1.67M +95,886 +276%
BCM
19
Bridgeway Capital Management
Texas
$2.21M
TCIM
20
TIAA CREF Investment Management
New York
$2.06M +$40.7K +2,336 +2%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$2M +$108K +6,175 +6%
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$1.97M -$73.1K -4,200 -3%
AF
23
Aegis Financial
Virginia
$1.97M +$1.07M +61,397 +113%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$1.91M +$60.5K +3,473 +3%
Renaissance Technologies
25
Renaissance Technologies
New York
$1.61M -$723K -41,500 -30%

CTRN Hedge Fund Activity: Q1 2017 in Review

89 of the 4,018 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.