Citi Trends
CTRN
80 hedge funds and large institutions have $181M invested in Citi Trends in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 35 reducing their positions, and 15 closing their positions.
519% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $182K
113% more capital invested
Capital invested by funds: $85M → $181M (+$96.1M)
2.34% more ownership
Funds ownership: 82.01% → 84.36% (+2.3%)
7% less funds holding
Funds holding: 86 → 80 (-6)
23% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 35
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$1.76M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$869K |
| 3 |
SCM
Stormborn Capital Management
Greenwich,
Connecticut
|
+$655K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$487K |
| 5 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.62M |
| 2 |
Renaissance Technologies
New York
|
-$1.55M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.5M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.35M |
| 5 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$1.29M |
CTRN Hedge Fund Activity: Q2 2020 in Review
80 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q2 2020, worth a combined $181M — up 113% from $85M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CTRN and 9 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 27 added.
The largest buyer was J. Goldman & Co, adding an estimated $1.76M. The largest seller was Vanguard Group, cutting an estimated $1.62M.
- 80 institutional investors held Citi Trends (CTRN) as of Q2 2020, down from 86 in Q1 2020.
- Funds reported $181M of Citi Trends stock for Q2 2020, up 113% quarter-over-quarter.
- 9 funds opened new Citi Trends positions in Q2 2020 and 15 closed out, a net change of -6 holders.
- The largest Citi Trends buyer in Q2 2020 was J. Goldman & Co, an estimated $1.76M added.
- The largest Citi Trends seller in Q2 2020 was Vanguard Group, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2020.