Culp Inc
CULP
74 hedge funds and large institutions have $140M invested in Culp Inc in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 16 reducing their positions, and 5 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 16
100% more call options, than puts
Call options by funds: $4K | Put options by funds: $2K
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
4% more funds holding
Funds holding: 71 → 74 (+3)
1.7% less ownership
Funds ownership: 84.26% → 82.56% (-1.7%)
18% less capital invested
Capital invested by funds: $170M → $140M (-$30.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.5M |
| 2 |
Goldman Sachs
New York
|
+$1.25M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$875K |
| 4 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
+$829K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$10M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.61M |
| 3 |
Bank of New York Mellon
New York
|
-$350K |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$294K |
| 5 |
SC
Saturna Capital
Bellingham,
Washington
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
KeyBank National Association
Cleveland,
Ohio
| – | -$178K | -10,900 | Closed |
|
77
SG Americas Securities
New York
| – | -$171K | -10,464 | Closed |
|
|
QT
78
Quantamental Technologies
White Plains,
New York
| – | -$8K | -474 | Closed |
|
|
S
79
SignatureFD
Atlanta,
Georgia
| – | -$261 | -17 | -77% |
|
CULP Hedge Fund Activity: Q4 2019 in Review
74 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q4 2019, worth a combined $140M — down 18% from $170M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CULP positions and 5 closed out — a net gain of 3 holders — while 38 added to existing stakes and 16 trimmed.
The largest buyer was Foundry Partners, adding an estimated $1.5M. The largest seller was Victory Capital Management, exiting entirely with an estimated $10M sold.
- 74 institutional investors held Culp Inc (CULP) as of Q4 2019, up from 71 in Q3 2019.
- Funds reported $140M of Culp Inc stock for Q4 2019, down 18% quarter-over-quarter.
- 8 funds opened new Culp Inc positions in Q4 2019 and 5 closed out, a net change of +3 holders.
- The largest Culp Inc buyer in Q4 2019 was Foundry Partners, an estimated $1.5M added.
- The largest Culp Inc seller in Q4 2019 was Victory Capital Management, an estimated $10M sold.
Based on aggregated 13F filings for Q4 2019.