Culp Inc
CULP
62 hedge funds and large institutions have $67.2M invested in Culp Inc in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 20 closing their positions.
3% more call options, than puts
Call options by funds: $105K | Put options by funds: $102K
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
7% less capital invested
Capital invested by funds: $72.2M → $67.2M (-$4.99M)
11% less funds holding
Funds holding: 70 → 62 (-8)
16.36% less ownership
Funds ownership: 79.97% → 63.62% (-16%)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.7M |
| 2 |
2L
22NW LP
Seattle,
Washington
|
+$922K |
| 3 |
Renaissance Technologies
New York
|
+$690K |
| 4 |
Jane Street
New York
|
+$666K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$6.65M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$4.21M |
| 3 |
BlackRock
New York
|
-$2.75M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.79M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Legal & General Group
London,
United Kingdom
| – | -$22K | -2,982 | Closed |
|
77
US Bancorp
Minneapolis,
Minnesota
| – | -$17K | -2,318 | Closed |
|
|
AIP
78
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$6K | -785 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -785 | Closed |
|
|
EI
80
Ellevest Inc
New York
| – | -$1K | -172 | Closed |
|
|
EWM
81
Endurance Wealth Management
Providence,
Rhode Island
| – | -$1K | -100 | Closed |
|
CULP Hedge Fund Activity: Q2 2020 in Review
62 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q2 2020, worth a combined $67.2M — down 6.9% from $72.2M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CULP and 12 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 22 added.
The largest buyer was Ameriprise, adding an estimated $2.7M. The largest seller was Aberdeen Group, exiting entirely with an estimated $6.65M sold.
- 62 institutional investors held Culp Inc (CULP) as of Q2 2020, down from 70 in Q1 2020.
- Funds reported $67.2M of Culp Inc stock for Q2 2020, down 6.9% quarter-over-quarter.
- 12 funds opened new Culp Inc positions in Q2 2020 and 20 closed out, a net change of -8 holders.
- The largest Culp Inc buyer in Q2 2020 was Ameriprise, an estimated $2.7M added.
- The largest Culp Inc seller in Q2 2020 was Aberdeen Group, an estimated $6.65M sold.
Based on aggregated 13F filings for Q2 2020.