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Purple Innovation
PRPL

116 hedge funds and large institutions have $626M invested in Purple Innovation in 2020 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 49 increasing their positions, 14 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

427% more capital invested

Capital invested by funds: $119M → $626M (+$507M)

390% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 10

300% more funds holding in top 10

Funds holding in top 10: 1 → 4 (+3)

250% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 14

51% more funds holding

Funds holding: 77 → 116 (+39)

2.37% more ownership

Funds ownership: 3.52% → 5.89% (+2.4%)

5% less call options, than puts

Call options by funds: $3.37M | Put options by funds: $3.55M

Holders
116
Holders Change
+39
Holders Change %
+50.65%
% of All Funds
2.38%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.08%
New
49
Increased
49
Reduced
14
Closed
10
Calls
$3.37M
Puts
$3.55M
Net Calls
-$181K
Net Calls Change
-$181K

Top Buyers

Rank Fund Capital Flow
1
CCM
Coliseum Capital Management
Connecticut
+$22.8M
2
SAM
Scopus Asset Management
New York
+$14.1M
3
WA
Wasatch Advisors
Utah
+$13.7M
4
DCM
Driehaus Capital Management
Illinois
+$11.5M
5
HRCM
Hood River Capital Management
Florida
+$10.8M

Top Sellers

Rank Fund Capital Flow
1
DIGDR
Dynamo Internacional Gestao de Recursos
Brazil
-$2.65M
2
WANY
Wealthspire Advisors (New York)
New York
-$2.37M
3
BGIM
Brandywine Global Investment Management
Pennsylvania
-$2.22M
4
JP Morgan Chase
JP Morgan Chase
New York
-$1.99M
5
RRCP
Rip Road Capital Partners
Massachusetts
-$1.57M
Name Holding Trade Value Shares
Change 		Change in
Stake
Renaissance Technologies
26
Renaissance Technologies
New York
$5.29M +$2.29M +7,260 +161%
BC
27
Beaconlight Capital
New York
$4.89M +$3.42M +10,860 New
Arrowstreet Capital
28
Arrowstreet Capital
Massachusetts
$4.29M +$1.11M +3,506 +58%
State Street
29
State Street
Massachusetts
$4.07M +$1.24M +3,933 +77%
MWNA
30
Marshall Wace North America
New York
$3.72M +$2.6M +8,258 New
WMSA
31
Weiss Multi-Strategy Advisers
New York
$3.61M +$2.53M +8,018 New
SEI Investments
32
SEI Investments
Pennsylvania
$3.51M +$846K +2,684 +53%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$3.48M +$454K +1,441 +23%
WANY
34
Wealthspire Advisors (New York)
New York
$3.39M -$2.37M -7,529 -50%
EI
35
EAM Investors
California
$3.31M +$2.04M +6,458 +711%
Northern Trust
36
Northern Trust
Illinois
$3.26M +$808K +2,561 +55%
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
$3.17M +$2.22M +7,048 New
Citadel Advisors
38
Citadel Advisors
Florida
$3.12M +$2.03M +6,438 +1,314%
Bank of America
39
Bank of America
North Carolina
$2.98M +$2.03M +6,427 +3,198%
PI
40
Putnam Investments
Massachusetts
$2.95M -$851K -2,700 -29%
EGI
41
EAM Global Investors
California
$2.2M +$1.17M +3,709 +317%
Susquehanna International Group
42
Susquehanna International Group
Pennsylvania
$2.19M +$1.53M +4,856 New
LOAMU
43
Lombard Odier Asset Management (USA)
New York
$2.16M +$1.51M +4,800 New
Calamos Advisors
44
Calamos Advisors
Illinois
$1.85M +$1.3M +4,115 New
Ameriprise
45
Ameriprise
Minnesota
$1.81M +$1.27M +4,027 New
Russell Investments Group
46
Russell Investments Group
United Kingdom
$1.81M +$1.27M +4,034 New
NC
47
Nokomis Capital
Texas
$1.66M -$118K -375 -9%
AQR Capital Management
48
AQR Capital Management
Connecticut
$1.52M +$303K +962 +40%
Bank of New York Mellon
49
Bank of New York Mellon
New York
$1.42M +$649K +2,057 +189%
CSS
50
Cubist Systematic Strategies
Connecticut
$1.36M +$446K +1,414 +88%
1
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PRPL Hedge Fund Activity: Q2 2020 in Review

116 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q2 2020, worth a combined $626M — up 427% from $119M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new PRPL positions and 10 closed out — a net gain of 39 holders — while 49 added to existing stakes and 14 trimmed.

The largest buyer was Coliseum Capital Management, adding an estimated $22.8M. The largest seller was Dynamo Internacional Gestao de Recursos, exiting entirely with an estimated $2.65M sold.

  • 116 institutional investors held Purple Innovation (PRPL) as of Q2 2020, up from 77 in Q1 2020.
  • Funds reported $626M of Purple Innovation stock for Q2 2020, up 427% quarter-over-quarter.
  • 49 funds opened new Purple Innovation positions in Q2 2020 and 10 closed out, a net change of +39 holders.
  • The largest Purple Innovation buyer in Q2 2020 was Coliseum Capital Management, an estimated $22.8M added.
  • The largest Purple Innovation seller in Q2 2020 was Dynamo Internacional Gestao de Recursos, an estimated $2.65M sold.

Based on aggregated 13F filings for Q2 2020.