Culp Inc
CULP
78 hedge funds and large institutions have $171M invested in Culp Inc in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3.2% more ownership
Funds ownership: 67.19% → 70.39% (+3.2%)
1% more funds holding
Funds holding: 77 → 78 (+1)
2% more capital invested
Capital invested by funds: $168M → $171M (+$2.83M)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$6.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.77M |
| 3 |
RA
Royce & Associates
New York
|
+$1.45M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$872K |
| 5 |
Renaissance Technologies
New York
|
+$560K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$35.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.62M |
| 3 |
Morgan Stanley
New York
|
-$816K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$306K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$251K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $102 | -$56.8K | -2,860 | -36% |
|
|
RJA
77
Raymond James & Associates
St Petersburg,
Florida
| – | -$251K | -12,271 | Closed |
|
|
TC
78
TFS Capital
West Chester,
Pennsylvania
| – | -$242K | -11,850 | Closed |
|
|
ZIM
79
Zacks Investment Management
Chicago,
Illinois
| – | -$226K | -11,051 | Closed |
|
|
GMIM
80
General Motors Investment Management
New York
| – | -$203K | -9,931 | Closed |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$35K | -1,703 | Closed |
|
82
Bank of America
Charlotte,
North Carolina
| – | -$3.73K | -188 | -91% |
|
|
GC
83
Globeflex Capital
San Diego,
California
| – | -$2K | -132 | Closed |
|
CULP Hedge Fund Activity: Q1 2014 in Review
78 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q1 2014, worth a combined $171M — up 1.7% from $168M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CULP positions and 6 closed out — a net gain of 1 holder — while 27 added to existing stakes and 28 trimmed.
The largest buyer was Brown Advisory, opening a new position worth an estimated $6.4M. The largest seller was Invesco, cutting an estimated $35.1M.
- 78 institutional investors held Culp Inc (CULP) as of Q1 2014, up from 77 in Q4 2013.
- Funds reported $171M of Culp Inc stock for Q1 2014, up 1.7% quarter-over-quarter.
- 7 funds opened new Culp Inc positions in Q1 2014 and 6 closed out, a net change of +1 holder.
- The largest Culp Inc buyer in Q1 2014 was Brown Advisory, an estimated $6.4M added.
- The largest Culp Inc seller in Q1 2014 was Invesco, an estimated $35.1M sold.
Based on aggregated 13F filings for Q1 2014.