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Purple Innovation

77 hedge funds and large institutions have $119M invested in Purple Innovation in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 10

69% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 16

26% more funds holding

Funds holding: 6177 (+16)

3.04% less ownership

Funds ownership: 6.56%3.52% (-3%)

21% less capital invested

Capital invested by funds: $151M → $119M (-$32.3M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
77
Holders Change
+16
Holders Change %
+26.23%
% of All Funds
1.7%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
27
Increased
27
Reduced
16
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$638K -$825K -2,972 -40%
NC
27
Nokomis Capital
Texas
$576K -$3.91M -14,077 -78%
Wells Fargo
28
Wells Fargo
California
$539K +$919K +3,312 +679%
JGC
29
J. Goldman & Co
New York
$343K -$7.61M -27,418 -92%
AQR Capital Management
30
AQR Capital Management
Connecticut
$342K +$669K +2,408 New
CL
31
CPWM LLC
Washington
$304K +$38.9K +140 +7%
Bank of Montreal
32
Bank of Montreal
Ontario, Canada
$304K +$661K +2,380 +6,103%
LPL Financial
33
LPL Financial
California
$274K +$7.77K +28 +1%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$267K +$6.66K +24 +1%
CSS
35
Cubist Systematic Strategies
Connecticut
$229K +$448K +1,615 New
EGI
36
EAM Global Investors
California
$166K +$325K +1,171 New
Dimensional Fund Advisors
37
Dimensional Fund Advisors
Texas
$156K +$305K +1,099 New
Bank of New York Mellon
38
Bank of New York Mellon
New York
$154K +$167K +602 +123%
Barclays
39
Barclays
United Kingdom
$147K +$202K +726 +233%
AllianceBernstein
40
AllianceBernstein
Tennessee
$141K +$277K +996 New
EI
41
EAM Investors
California
$129K +$252K +908 New
AIM
42
Alambic Investment Management
California
$126K +$247K +888 New
Goldman Sachs
43
Goldman Sachs
New York
$125K +$47.5K +171 +24%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$122K +$239K +860 New
Parallax Volatility Advisers
45
Parallax Volatility Advisers
California
$114K +$111K +400 +100%
Charles Schwab
46
Charles Schwab
California
$111K +$32.2K +116 +18%
EGM
47
Engineers Gate Manager
New York
$109K +$214K +770 New
AA
48
Ancient Art
Texas
$92K
Invesco
49
Invesco
Georgia
$82K +$160K +577 New
AC
50
Aristides Capital
Kentucky
$75K -$161K -580 -52%

PRPL Hedge Fund Activity: Q1 2020 in Review

77 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q1 2020, worth a combined $119M — down 21% from $151M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PRPL positions and 10 closed out — a net gain of 17 holders — while 27 added to existing stakes and 16 trimmed.

The largest buyer was Woodson Capital Management, adding an estimated $14.6M. The largest seller was J. Goldman & Co, cutting an estimated $7.61M.

  • 77 institutional investors held Purple Innovation (PRPL) as of Q1 2020, up from 61 in Q4 2019.
  • Funds reported $119M of Purple Innovation stock for Q1 2020, down 21% quarter-over-quarter.
  • 27 funds opened new Purple Innovation positions in Q1 2020 and 10 closed out, a net change of +17 holders.
  • The largest Purple Innovation buyer in Q1 2020 was Woodson Capital Management, an estimated $14.6M added.
  • The largest Purple Innovation seller in Q1 2020 was J. Goldman & Co, an estimated $7.61M sold.

Based on aggregated 13F filings for Q1 2020.