Purple Innovation
PRPL
29 hedge funds and large institutions have $31.9M invested in Purple Innovation in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 14 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 28 → 29 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.05% less ownership
Funds ownership: 2.88% → 2.83% (-0.05%)
23% less capital invested
Capital invested by funds: $41.2M → $31.9M (-$9.27M)
79% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$87.6K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$38.2K |
| 3 |
Barclays
London,
United Kingdom
|
+$6.75K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$6.61K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$6.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
-$501K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$109K |
| 3 |
BlackRock
New York
|
-$50.2K |
| 4 |
Morgan Stanley
New York
|
-$41.7K |
| 5 |
LPL Financial
San Diego,
California
|
-$19.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Legal & General Group
London,
United Kingdom
| $5K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $3K | – | – | – |
|
|
AIP
28
Ameritas Investment Partners
Lincoln,
Nebraska
| $2K | – | – | – |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | -$9.64K | -70 | -89% |
|
|
PPA
30
Parametric Portfolio Associates
Seattle,
Washington
| – | -$109K | -739 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$413 | -3 | Closed |
|
PRPL Hedge Fund Activity: Q1 2019 in Review
29 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q1 2019, worth a combined $31.9M — down 23% from $41.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PRPL positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 14 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $87.6K. The largest seller was Ancient Art, cutting an estimated $501K.
- 29 institutional investors held Purple Innovation (PRPL) as of Q1 2019, up from 28 in Q4 2018.
- Funds reported $31.9M of Purple Innovation stock for Q1 2019, down 23% quarter-over-quarter.
- 3 funds opened new Purple Innovation positions in Q1 2019 and 2 closed out, a net change of +1 holder.
- The largest Purple Innovation buyer in Q1 2019 was Citadel Advisors, an estimated $87.6K added.
- The largest Purple Innovation seller in Q1 2019 was Ancient Art, an estimated $501K sold.
Based on aggregated 13F filings for Q1 2019.