Culp Inc
CULP
70 hedge funds and large institutions have $72.2M invested in Culp Inc in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 14 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
2.58% less ownership
Funds ownership: 82.56% → 79.97% (-2.6%)
5% less funds holding
Funds holding: 74 → 70 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
48% less capital invested
Capital invested by funds: $140M → $72.2M (-$67.3M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$1.95M |
| 2 |
2L
22NW LP
Seattle,
Washington
|
+$1.59M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$643K |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$601K |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$4.87M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.42M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.21M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.11M |
| 5 |
Goldman Sachs
New York
|
-$966K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bessemer Group
Woodbridge,
New Jersey
| – | -$347K | -25,500 | Closed |
|
77
Marshall Wace
London,
United Kingdom
| – | -$328K | -24,073 | Closed |
|
|
SO
78
STRS Ohio
Columbus,
Ohio
| – | -$315K | -23,200 | Closed |
|
79
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$242K | -17,780 | Closed |
|
|
BGDI
80
BW Gestao de Investimentos
Sao Paulo,
Brazil
| – | -$83K | -6,122 | Closed |
|
|
QI
81
QS Investors
New York
| – | -$34K | -2,406 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$32K | -2,332 | Closed |
|
83
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$6K | -475 | Closed |
|
|
S
84
SignatureFD
Atlanta,
Georgia
| – | +$238 | +22 | +440% |
|
CULP Hedge Fund Activity: Q1 2020 in Review
70 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q1 2020, worth a combined $72.2M — down 48% from $140M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CULP and 10 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 31 added.
The largest buyer was Brown Advisory, adding an estimated $1.95M. The largest seller was Aberdeen Group, cutting an estimated $4.87M.
- 70 institutional investors held Culp Inc (CULP) as of Q1 2020, down from 74 in Q4 2019.
- Funds reported $72.2M of Culp Inc stock for Q1 2020, down 48% quarter-over-quarter.
- 10 funds opened new Culp Inc positions in Q1 2020 and 14 closed out, a net change of -4 holders.
- The largest Culp Inc buyer in Q1 2020 was Brown Advisory, an estimated $1.95M added.
- The largest Culp Inc seller in Q1 2020 was Aberdeen Group, an estimated $4.87M sold.
Based on aggregated 13F filings for Q1 2020.