Culp Inc
CULP
74 hedge funds and large institutions have $147M invested in Culp Inc in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
14% more capital invested
Capital invested by funds: $129M → $147M (+$17.7M)
10% more funds holding
Funds holding: 67 → 74 (+7)
3.43% more ownership
Funds ownership: 60.78% → 64.21% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.13M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$2.17M |
| 3 |
Renaissance Technologies
New York
|
+$802K |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
+$529K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.12M |
| 2 |
Morgan Stanley
New York
|
-$379K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$326K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$287K |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$225K |
CULP Hedge Fund Activity: Q3 2013 in Review
74 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q3 2013, worth a combined $147M — up 14% from $129M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CULP positions and 2 closed out — a net gain of 7 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $4.13M. The largest seller was TFS Capital, cutting an estimated $1.12M.
- 74 institutional investors held Culp Inc (CULP) as of Q3 2013, up from 67 in Q2 2013.
- Funds reported $147M of Culp Inc stock for Q3 2013, up 14% quarter-over-quarter.
- 9 funds opened new Culp Inc positions in Q3 2013 and 2 closed out, a net change of +7 holders.
- The largest Culp Inc buyer in Q3 2013 was Lord, Abbett & Co, an estimated $4.13M added.
- The largest Culp Inc seller in Q3 2013 was TFS Capital, an estimated $1.12M sold.
Based on aggregated 13F filings for Q3 2013.