Purple Innovation
PRPL
31 hedge funds and large institutions have $58M invested in Purple Innovation in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 4 closing their positions.
475% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 4
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
158% more funds holding
Funds holding: 12 → 31 (+19)
17% more capital invested
Capital invested by funds: $49.6M → $58M (+$8.39M)
0.2% more ownership
Funds ownership: 1.51% → 1.71% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$5.56M |
| 2 |
BlackRock
New York
|
+$1.91M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$323K |
| 4 |
State Street
Boston,
Massachusetts
|
+$268K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$1.06M |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$877K |
| 3 |
RA
Royce & Associates
New York
|
-$209K |
| 4 |
Goldman Sachs
New York
|
-$102K |
| 5 |
Millennium Management
New York
|
-$100K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
26
Ameritas Investment Partners
Lincoln,
Nebraska
| $3K | +$2.92K | +14 | New |
|
27
Barclays
London,
United Kingdom
| $2K | +$2.72K | +13 | New |
|
28
BNP Paribas Financial Markets
Paris,
France
| $1.22K | +$1.25K | +6 | New |
|
|
PIA
29
Piedmont Investment Advisors
Durham,
North Carolina
| $1K | +$627 | +3 | New |
|
|
PCR
30
Potrero Capital Research
San Francisco,
California
| – | -$1.06M | -5,182 | Closed |
|
|
MCP
31
Moab Capital Partners
Southampton,
New York
| – | -$877K | -4,268 | Closed |
|
|
32
Goldman Sachs
New York
| – | -$102K | -498 | Closed |
|
|
33
Millennium Management
New York
| – | -$100K | -481 | Closed |
|
34
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$209 | +1 | New |
|
35
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$418 | +2 | New |
|
PRPL Hedge Fund Activity: Q2 2018 in Review
31 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q2 2018, worth a combined $58M — up 17% from $49.6M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PRPL positions and 4 closed out — a net gain of 19 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Coliseum Capital Management, adding an estimated $5.56M. The largest seller was Potrero Capital Research, exiting entirely with an estimated $1.06M sold.
- 31 institutional investors held Purple Innovation (PRPL) as of Q2 2018, up from 12 in Q1 2018.
- Funds reported $58M of Purple Innovation stock for Q2 2018, up 17% quarter-over-quarter.
- 23 funds opened new Purple Innovation positions in Q2 2018 and 4 closed out, a net change of +19 holders.
- The largest Purple Innovation buyer in Q2 2018 was Coliseum Capital Management, an estimated $5.56M added.
- The largest Purple Innovation seller in Q2 2018 was Potrero Capital Research, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2018.