Culp Inc
CULP
41 hedge funds and large institutions have $36.6M invested in Culp Inc in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 3 closing their positions.
0.6% more ownership
Funds ownership: 60.66% → 61.25% (+0.6%)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
2% less funds holding
Funds holding: 42 → 41 (-1)
17% less capital invested
Capital invested by funds: $43.8M → $36.6M (-$7.23M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCCM
Gate City Capital Management
Chicago,
Illinois
|
+$897K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$569K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$147K |
| 4 |
2L
22NW LP
Seattle,
Washington
|
+$123K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
-$1.31M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$211K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$39K |
| 4 |
State Street
Boston,
Massachusetts
|
-$35.7K |
| 5 |
Morgan Stanley
New York
|
-$27.7K |
CULP Hedge Fund Activity: Q1 2024 in Review
41 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Culp Inc (CULP) for Q1 2024, worth a combined $36.6M — down 17% from $43.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CULP and 2 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 12 added.
The largest buyer was Gate City Capital Management, adding an estimated $897K. The largest seller was Mill Road Capital Management, cutting an estimated $1.31M.
- 41 institutional investors held Culp Inc (CULP) as of Q1 2024, down from 42 in Q4 2023.
- Funds reported $36.6M of Culp Inc stock for Q1 2024, down 17% quarter-over-quarter.
- 2 funds opened new Culp Inc positions in Q1 2024 and 3 closed out, a net change of -1 holder.
- The largest Culp Inc buyer in Q1 2024 was Gate City Capital Management, an estimated $897K added.
- The largest Culp Inc seller in Q1 2024 was Mill Road Capital Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2024.