Culp Inc
CULP
77 hedge funds and large institutions have $168M invested in Culp Inc in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
14% more capital invested
Capital invested by funds: $147M → $168M (+$21.2M)
4% more funds holding
Funds holding: 74 → 77 (+3)
2.98% more ownership
Funds ownership: 64.21% → 67.19% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.83M |
| 2 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$1.98M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$1.38M |
| 4 |
Renaissance Technologies
New York
|
+$977K |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$702K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.03M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$555K |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$275K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$244K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$237K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $164 | +$21.1K | +1,085 | +16% |
|
|
BG
77
BlackRock Group
London,
United Kingdom
| – | -$275K | -14,698 | Closed |
|
78
First Trust Advisors
Wheaton,
Illinois
| – | -$211K | -11,292 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$36K | -1,940 | Closed |
|
80
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$13K | -695 | Closed |
|
81
Ameriprise
Minneapolis,
Minnesota
| – | -$10K | -508 | Closed |
|
CULP Hedge Fund Activity: Q4 2013 in Review
77 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q4 2013, worth a combined $168M — up 14% from $147M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CULP positions and 5 closed out — a net gain of 4 holders — while 29 added to existing stakes and 25 trimmed.
The largest buyer was Royce & Associates, adding an estimated $2.83M. The largest seller was Invesco, cutting an estimated $1.03M.
- 77 institutional investors held Culp Inc (CULP) as of Q4 2013, up from 74 in Q3 2013.
- Funds reported $168M of Culp Inc stock for Q4 2013, up 14% quarter-over-quarter.
- 9 funds opened new Culp Inc positions in Q4 2013 and 5 closed out, a net change of +4 holders.
- The largest Culp Inc buyer in Q4 2013 was Royce & Associates, an estimated $2.83M added.
- The largest Culp Inc seller in Q4 2013 was Invesco, an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2013.