Citi Trends
CTRN
90 hedge funds and large institutions have $240M invested in Citi Trends in 2019 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 36 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
25% more capital invested
Capital invested by funds: $192M → $240M (+$48.1M)
5% more funds holding
Funds holding: 86 → 90 (+4)
1.09% more ownership
Funds ownership: 87.96% → 89.05% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.09M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.76M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.2M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$700K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$3.4M |
| 2 |
Millennium Management
New York
|
-$2.95M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$929K |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$776K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$763K |
CTRN Hedge Fund Activity: Q4 2019 in Review
90 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q4 2019, worth a combined $240M — up 25% from $192M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CTRN positions and 8 closed out — a net gain of 4 holders — while 30 added to existing stakes and 36 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $2.09M. The largest seller was Paradigm Capital Management Inc, cutting an estimated $3.4M.
- 90 institutional investors held Citi Trends (CTRN) as of Q4 2019, up from 86 in Q3 2019.
- Funds reported $240M of Citi Trends stock for Q4 2019, up 25% quarter-over-quarter.
- 12 funds opened new Citi Trends positions in Q4 2019 and 8 closed out, a net change of +4 holders.
- The largest Citi Trends buyer in Q4 2019 was AllianceBernstein, an estimated $2.09M added.
- The largest Citi Trends seller in Q4 2019 was Paradigm Capital Management Inc, an estimated $3.4M sold.
Based on aggregated 13F filings for Q4 2019.