Citi Trends
CTRN
114 hedge funds and large institutions have $336M invested in Citi Trends in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 51 reducing their positions, and 13 closing their positions.
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% less funds holding
Funds holding: 115 → 114 (-1)
2.09% less ownership
Funds ownership: 91.7% → 89.61% (-2.1%)
14% less capital invested
Capital invested by funds: $389M → $336M (-$53M)
33% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$2.39M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.38M |
| 3 |
Goldman Sachs
New York
|
+$1.66M |
| 4 |
SIM
Spark Investment Management
New York
|
+$1.61M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.77M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$5.42M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.38M |
| 4 |
Man Group
London,
United Kingdom
|
-$2.17M |
| 5 |
AIC
AWM Investment Company
New York
|
-$1.21M |
CTRN Hedge Fund Activity: Q2 2018 in Review
114 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2018, worth a combined $336M — down 14% from $389M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CTRN positions and 13 closed out — a net gain of 1 holder — while 34 added to existing stakes and 51 trimmed.
The largest buyer was State Street, adding an estimated $2.39M. The largest seller was BlackRock, cutting an estimated $6.77M.
- 114 institutional investors held Citi Trends (CTRN) as of Q2 2018, down from 115 in Q1 2018.
- Funds reported $336M of Citi Trends stock for Q2 2018, down 14% quarter-over-quarter.
- 14 funds opened new Citi Trends positions in Q2 2018 and 13 closed out, a net change of +1 holder.
- The largest Citi Trends buyer in Q2 2018 was State Street, an estimated $2.39M added.
- The largest Citi Trends seller in Q2 2018 was BlackRock, an estimated $6.77M sold.
Based on aggregated 13F filings for Q2 2018.