Purple Innovation
PRPL
37 hedge funds and large institutions have $53.4M invested in Purple Innovation in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 0 closing their positions.
23% more funds holding
Funds holding: 30 → 37 (+7)
15% more capital invested
Capital invested by funds: $46.3M → $53.4M (+$7.11M)
0.05% more ownership
Funds ownership: 2.82% → 2.87% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$1.91M |
| 2 |
Renaissance Technologies
New York
|
+$534K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$218K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$125K |
| 5 |
Bank of New York Mellon
New York
|
+$99.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$660K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$274K |
| 3 |
State Street
Boston,
Massachusetts
|
-$53.1K |
| 4 |
AA
Ancient Art
Austin,
Texas
|
-$49.7K |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$39.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $11K | -$28.6K | -156 | -73% |
|
|
SO
27
STRS Ohio
Columbus,
Ohio
| $9K | – | – | – |
|
28
JP Morgan Chase
New York
| $9K | +$1.65K | +9 | +23% |
|
29
Legal & General Group
London,
United Kingdom
| $8K | – | – | – |
|
30
BNP Paribas Financial Markets
Paris,
France
| $5.13K | +$366 | +2 | +8% |
|
|
SBL
31
Sargent Bickham Lagudis
Boulder,
Colorado
| $5K | +$4.4K | +24 | New |
|
32
Citigroup
New York
| $4K | -$2.75K | -15 | -39% |
|
|
AIP
33
Ameritas Investment Partners
Lincoln,
Nebraska
| $3K | – | – | – |
|
|
SFS
34
Sowell Financial Services
North Little Rock,
Arkansas
| $3K | +$2.75K | +15 | New |
|
35
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$183 | +1 | +8% |
|
36
Federated Hermes
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
LTFS
37
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
PRPL Hedge Fund Activity: Q3 2019 in Review
37 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q3 2019, worth a combined $53.4M — up 15% from $46.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PRPL positions and 0 closed out — a net gain of 7 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Coliseum Capital Management, adding an estimated $1.91M. The largest seller was Royce & Associates, cutting an estimated $660K.
- 37 institutional investors held Purple Innovation (PRPL) as of Q3 2019, up from 30 in Q2 2019.
- Funds reported $53.4M of Purple Innovation stock for Q3 2019, up 15% quarter-over-quarter.
- 7 funds opened new Purple Innovation positions in Q3 2019 and 0 closed out, a net change of +7 holders.
- The largest Purple Innovation buyer in Q3 2019 was Coliseum Capital Management, an estimated $1.91M added.
- The largest Purple Innovation seller in Q3 2019 was Royce & Associates, an estimated $660K sold.
Based on aggregated 13F filings for Q3 2019.