Purple Innovation
PRPL
61 hedge funds and large institutions have $151M invested in Purple Innovation in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 21 increasing their positions, 2 reducing their positions, and 4 closing their positions.
950% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 2
625% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 4
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
183% more capital invested
Capital invested by funds: $53.4M → $151M (+$97.7M)
65% more funds holding
Funds holding: 37 → 61 (+24)
3.69% more ownership
Funds ownership: 2.87% → 6.56% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$15.4M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$8.59M |
| 3 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$7.89M |
| 4 |
JGC
J. Goldman & Co
New York
|
+$5.75M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$979K |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$128K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$18K |
| 4 |
LPL Financial
San Diego,
California
|
-$10.8K |
| 5 |
Bank of New York Mellon
New York
|
-$10.4K |
PRPL Hedge Fund Activity: Q4 2019 in Review
61 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q4 2019, worth a combined $151M — up 183% from $53.4M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PRPL positions and 4 closed out — a net gain of 25 holders — while 21 added to existing stakes and 2 trimmed.
The largest buyer was Coliseum Capital Management, adding an estimated $15.4M. The largest seller was Royce & Associates, exiting entirely with an estimated $979K sold.
- 61 institutional investors held Purple Innovation (PRPL) as of Q4 2019, up from 37 in Q3 2019.
- Funds reported $151M of Purple Innovation stock for Q4 2019, up 183% quarter-over-quarter.
- 29 funds opened new Purple Innovation positions in Q4 2019 and 4 closed out, a net change of +25 holders.
- The largest Purple Innovation buyer in Q4 2019 was Coliseum Capital Management, an estimated $15.4M added.
- The largest Purple Innovation seller in Q4 2019 was Royce & Associates, an estimated $979K sold.
Based on aggregated 13F filings for Q4 2019.