Citi Trends
CTRN
93 hedge funds and large institutions have $265M invested in Citi Trends in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
20% more capital invested
Capital invested by funds: $221M → $265M (+$43.3M)
4% more funds holding
Funds holding: 89 → 93 (+4)
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.38% less ownership
Funds ownership: 86.84% → 83.47% (-3.4%)
64% less call options, than puts
Call options by funds: $221K | Put options by funds: $618K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.94M |
| 2 |
AG
Algert Global
San Francisco,
California
|
+$1.87M |
| 3 |
BlackRock
New York
|
+$1.27M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.03M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$955K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$9.26M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$7.47M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.69M |
| 4 |
Millennium Management
New York
|
-$1.68M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.31M |
CTRN Hedge Fund Activity: Q2 2017 in Review
93 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2017, worth a combined $265M — up 20% from $221M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CTRN positions and 9 closed out — a net gain of 4 holders — while 36 added to existing stakes and 34 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $2.94M. The largest seller was Paradigm Capital Management Inc, cutting an estimated $9.26M.
- 93 institutional investors held Citi Trends (CTRN) as of Q2 2017, up from 89 in Q1 2017.
- Funds reported $265M of Citi Trends stock for Q2 2017, up 20% quarter-over-quarter.
- 13 funds opened new Citi Trends positions in Q2 2017 and 9 closed out, a net change of +4 holders.
- The largest Citi Trends buyer in Q2 2017 was AllianceBernstein, an estimated $2.94M added.
- The largest Citi Trends seller in Q2 2017 was Paradigm Capital Management Inc, an estimated $9.26M sold.
Based on aggregated 13F filings for Q2 2017.