Culp Inc
CULP
77 hedge funds and large institutions have $164M invested in Culp Inc in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 30 increasing their positions, 25 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 25
6% more capital invested
Capital invested by funds: $155M → $164M (+$8.66M)
1.19% more ownership
Funds ownership: 72.73% → 73.92% (+1.2%)
9% less funds holding
Funds holding: 85 → 77 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$1.54M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$945K |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$901K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$784K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$633K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Delphi Management
Brookline,
Massachusetts
|
-$1.44M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$507K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$486K |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$462K |
| 5 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$322K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Invesco
Atlanta,
Georgia
| $4K | – | – | – |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $124 | -$5.54K | -310 | -4% |
|
|
DM
78
Delphi Management
Brookline,
Massachusetts
| – | -$1.44M | -82,646 | Closed |
|
|
TC
79
TFS Capital
West Chester,
Pennsylvania
| – | -$486K | -27,889 | Closed |
|
|
RIL
80
Rothschild Investment LLC
Chicago,
Illinois
| – | -$462K | -26,550 | Closed |
|
|
ZIM
81
ZPR Investment Management
Orange City,
Florida
| – | -$322K | -18,498 | Closed |
|
82
Lord, Abbett & Co
Jersey City,
New Jersey
| – | -$271K | -15,556 | Closed |
|
|
B
83
Baird
Milwaukee,
Wisconsin
| – | -$226K | -12,974 | Closed |
|
|
AAM
84
Advisors Asset Management
Monument,
Colorado
| – | -$36K | -2,057 | Closed |
|
85
Ameriprise
Minneapolis,
Minnesota
| – | -$23K | -1,300 | Closed |
|
|
U
86
UBS
Zurich,
Switzerland
| – | -$19K | -1,094 | Closed |
|
|
VFA
87
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$13K | -730 | Closed |
|
CULP Hedge Fund Activity: Q3 2014 in Review
77 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q3 2014, worth a combined $164M — up 5.6% from $155M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CULP and 3 opened new positions — a net loss of 8 holders — while 25 trimmed existing stakes and 30 added.
The largest buyer was Opus Capital Group, adding an estimated $1.54M. The largest seller was Delphi Management, exiting entirely with an estimated $1.44M sold.
- 77 institutional investors held Culp Inc (CULP) as of Q3 2014, down from 85 in Q2 2014.
- Funds reported $164M of Culp Inc stock for Q3 2014, up 5.6% quarter-over-quarter.
- 3 funds opened new Culp Inc positions in Q3 2014 and 11 closed out, a net change of -8 holders.
- The largest Culp Inc buyer in Q3 2014 was Opus Capital Group, an estimated $1.54M added.
- The largest Culp Inc seller in Q3 2014 was Delphi Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2014.