Culp Inc
CULP
75 hedge funds and large institutions have $265M invested in Culp Inc in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 8 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
0.47% less ownership
Funds ownership: 87.15% → 86.68% (-0.47%)
1% less funds holding
Funds holding: 76 → 75 (-1)
11% less call options, than puts
Call options by funds: $24K | Put options by funds: $27K
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
20% less capital invested
Capital invested by funds: $331M → $265M (-$66.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$9.06M |
| 2 |
Renaissance Technologies
New York
|
+$419K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$409K |
| 4 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$290K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$4.77M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
-$2.31M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$2.13M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$1.93M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
76
Eagle Asset Management
St Petersburg,
Florida
| – | -$4.77M | -156,112 | Closed |
|
|
77
WCM Investment Management
Laguna Beach,
California
| – | -$2.31M | -75,630 | Closed |
|
|
PAIM
78
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$2.13M | -69,676 | Closed |
|
|
FP
79
Foundry Partners
Minneapolis,
Minnesota
| – | -$1.44M | -47,195 | Closed |
|
80
AQR Capital Management
Greenwich,
Connecticut
| – | -$332K | -10,878 | Closed |
|
81
AllianceBernstein
Nashville,
Tennessee
| – | -$205K | -6,700 | Closed |
|
82
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$205K | -6,700 | Closed |
|
|
PCM
83
Prelude Capital Management
New York
| – | -$6K | -200 | Closed |
|
CULP Hedge Fund Activity: Q2 2018 in Review
75 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q2 2018, worth a combined $265M — down 20% from $331M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of CULP and 7 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 29 added.
The largest buyer was Victory Capital Management, adding an estimated $9.06M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $4.77M sold.
- 75 institutional investors held Culp Inc (CULP) as of Q2 2018, down from 76 in Q1 2018.
- Funds reported $265M of Culp Inc stock for Q2 2018, down 20% quarter-over-quarter.
- 7 funds opened new Culp Inc positions in Q2 2018 and 8 closed out, a net change of -1 holder.
- The largest Culp Inc buyer in Q2 2018 was Victory Capital Management, an estimated $9.06M added.
- The largest Culp Inc seller in Q2 2018 was Eagle Asset Management, an estimated $4.77M sold.
Based on aggregated 13F filings for Q2 2018.