Culp Inc
CULP
47 hedge funds and large institutions have $79.5M invested in Culp Inc in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 13 closing their positions.
3.58% less ownership
Funds ownership: 72.07% → 68.5% (-3.6%)
15% less funds holding
Funds holding: 55 → 47 (-8)
30% less capital invested
Capital invested by funds: $113M → $79.5M (-$33.8M)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
95% less call options, than puts
Call options by funds: $10K | Put options by funds: $213K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
+$2.62M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.37M |
| 3 |
OC
Oppenheimer & Co
New York
|
+$946K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$915K |
| 5 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$651K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$6.46M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.26M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$936K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$900K |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$658K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Truist Financial
Charlotte,
North Carolina
| – | -$253K | -19,659 | Closed |
|
52
Two Sigma Advisers
New York
| – | -$196K | -15,200 | Closed |
|
|
BFM
53
Boothbay Fund Management
New York
| – | -$187K | -14,500 | Closed |
|
54
Squarepoint
New York
| – | -$152K | -11,819 | Closed |
|
55
Simplex Trading
Chicago,
Illinois
| – | -$121K | -10,504 | Closed |
|
|
OSAM
56
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$102K | -7,916 | Closed |
|
57
Group One Trading
Chicago,
Illinois
| – | -$5K | -400 | Closed |
|
58
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$2K | -136 | Closed |
|
CULP Hedge Fund Activity: Q4 2021 in Review
47 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q4 2021, worth a combined $79.5M — down 30% from $113M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of CULP and 5 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 14 added.
The largest buyer was 22NW LP, adding an estimated $2.62M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $6.46M sold.
- 47 institutional investors held Culp Inc (CULP) as of Q4 2021, down from 55 in Q3 2021.
- Funds reported $79.5M of Culp Inc stock for Q4 2021, down 30% quarter-over-quarter.
- 5 funds opened new Culp Inc positions in Q4 2021 and 13 closed out, a net change of -8 holders.
- The largest Culp Inc buyer in Q4 2021 was 22NW LP, an estimated $2.62M added.
- The largest Culp Inc seller in Q4 2021 was Wasatch Advisors, an estimated $6.46M sold.
Based on aggregated 13F filings for Q4 2021.