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Citi Trends

67 hedge funds and large institutions have $178M invested in Citi Trends in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

168% more call options, than puts

Call options by funds: $1.48M | Put options by funds: $553K

33% more capital invested

Capital invested by funds: $134M → $178M (+$43.9M)

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

5% more funds holding

Funds holding: 6467 (+3)

2.25% more ownership

Funds ownership: 91.14%93.39% (+2.3%)

9% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 22

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
67
Holders Change
+3
Holders Change %
+4.69%
% of All Funds
1.06%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
15
Increased
24
Reduced
22
Closed
12
Calls
$1.48M
Puts
$553K
Net Calls
+$931K
Net Calls Change
+$964K
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$21.7M -$310K -15,171 -2%
F1I
2
Fund 1 Investments
Puerto Rico
$19M +$10.9M +532,980 +166%
PCMI
3
Paradigm Capital Management Inc
New York
$18.4M
CCPM
4
Cooper Creek Partners Management
New York
$12.1M -$819K -40,059 -7%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$11.8M -$500K -24,465 -4%
Vanguard Group
6
Vanguard Group
Pennsylvania
$9.45M
Jennison Associates
7
Jennison Associates
New York
$8.36M +$2.48M +121,134 +47%
BlackRock
8
BlackRock
New York
$7.78M +$1.87M +91,515 +35%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$6.05M -$5.14M -251,228 -48%
AIC
10
AWM Investment Company
New York
$5.91M +$177K +8,660 +3%
LFCM
11
Long Focus Capital Management
Puerto Rico
$5.46M +$920K +45,000 +22%
Ameriprise
12
Ameriprise
Minnesota
$4.58M -$14.3K -700 -0.3%
RA
13
Royce & Associates
New York
$4.58M +$204K +10,000 +5%
Charles Schwab
14
Charles Schwab
California
$4.29M +$456K +22,311 +13%
D.E. Shaw & Co
15
D.E. Shaw & Co
New York
$2.81M -$17.3K -848 -0.7%
First Eagle Investment Management
16
First Eagle Investment Management
New York
$2.25M +$2.07M +101,462 New
Morgan Stanley
17
Morgan Stanley
New York
$2.19M +$233K +11,408 +13%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$1.96M +$9.59K +469 +0.5%
BCM
19
Bridgeway Capital Management
Texas
$1.82M +$932K +45,604 +125%
Millennium Management
20
Millennium Management
New York
$1.78M -$229K -11,225 -12%
JGC
21
J. Goldman & Co
New York
$1.7M +$1.56M +76,457 New
Assenagon Asset Management
22
Assenagon Asset Management
Luxembourg
$1.62M +$1.49M +72,792 New
Two Sigma Investments
23
Two Sigma Investments
New York
$1.61M +$605K +29,587 +69%
American Century Companies
24
American Century Companies
Missouri
$1.37M +$238K +11,657 +23%
SC
25
Shay Capital
New York
$1.32M +$1.22M +59,593 New

CTRN Hedge Fund Activity: Q3 2023 in Review

67 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Citi Trends (CTRN) for Q3 2023, worth a combined $178M — up 33% from $134M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new CTRN positions and 12 closed out — a net gain of 3 holders — while 24 added to existing stakes and 22 trimmed.

The largest buyer was Fund 1 Investments, adding an estimated $10.9M. The largest seller was Divisadero Street Capital Management, exiting entirely with an estimated $8.59M sold.

  • 67 institutional investors held Citi Trends (CTRN) as of Q3 2023, up from 64 in Q2 2023.
  • Funds reported $178M of Citi Trends stock for Q3 2023, up 33% quarter-over-quarter.
  • 15 funds opened new Citi Trends positions in Q3 2023 and 12 closed out, a net change of +3 holders.
  • The largest Citi Trends buyer in Q3 2023 was Fund 1 Investments, an estimated $10.9M added.
  • The largest Citi Trends seller in Q3 2023 was Divisadero Street Capital Management, an estimated $8.59M sold.

Based on aggregated 13F filings for Q3 2023.