Culp Inc
CULP
85 hedge funds and large institutions have $155M invested in Culp Inc in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
13% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 30
9% more funds holding
Funds holding: 78 → 85 (+7)
2.35% more ownership
Funds ownership: 70.39% → 72.73% (+2.3%)
9% less capital invested
Capital invested by funds: $171M → $155M (-$15.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$2.6M |
| 2 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$2.02M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.1M |
| 4 |
OCM
Olstein Capital Management
Purchase,
New York
|
+$821K |
| 5 |
Renaissance Technologies
New York
|
+$785K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.97M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$985K |
| 3 |
State Street
Boston,
Massachusetts
|
-$661K |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$606K |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$441K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
76
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $15K | -$4.62K | -253 | -23% |
|
|
VFA
77
Virtus Fund Advisers
Hartford,
Connecticut
| $13K | +$13.3K | +730 | New |
|
78
Wells Fargo
San Francisco,
California
| $11K | -$333K | -18,269 | -97% |
|
79
Invesco
Atlanta,
Georgia
| $4K | -$949 | -52 | -18% |
|
80
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$3.65K | +200 | New |
|
81
BNP Paribas Financial Markets
Paris,
France
| $2.18K | +$1.79K | +98 | +363% |
|
82
Barclays
London,
United Kingdom
| $2K | -$13.1K | -719 | -84% |
|
83
Bank of America
Charlotte,
North Carolina
| $2K | +$1.48K | +81 | +426% |
|
|
GSC
84
Ground Swell Capital
Folly Beach,
South Carolina
| $1K | +$767 | +42 | New |
|
|
PCM
85
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$606K | -30,677 | Closed |
|
|
CS
86
Credit Suisse
Zurich,
Switzerland
| – | -$206K | -10,415 | Closed |
|
|
RFC
87
Russell Frank Company
Seattle,
Washington
| – | -$47K | -2,400 | Closed |
|
|
BJ
88
BlackRock Japan
Tokyo,
Japan
| – | -$12K | -619 | Closed |
|
89
AllianceBernstein
Nashville,
Tennessee
| – | -$2K | -92 | Closed |
|
CULP Hedge Fund Activity: Q2 2014 in Review
85 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q2 2014, worth a combined $155M — down 9.3% from $171M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CULP positions and 5 closed out — a net gain of 7 holders — while 34 added to existing stakes and 30 trimmed.
The largest buyer was Brown Advisory, adding an estimated $2.6M. The largest seller was Lord, Abbett & Co, cutting an estimated $1.97M.
- 85 institutional investors held Culp Inc (CULP) as of Q2 2014, up from 78 in Q1 2014.
- Funds reported $155M of Culp Inc stock for Q2 2014, down 9.3% quarter-over-quarter.
- 12 funds opened new Culp Inc positions in Q2 2014 and 5 closed out, a net change of +7 holders.
- The largest Culp Inc buyer in Q2 2014 was Brown Advisory, an estimated $2.6M added.
- The largest Culp Inc seller in Q2 2014 was Lord, Abbett & Co, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2014.