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Purple Innovation

85 hedge funds and large institutions have $84.2M invested in Purple Innovation in 2024 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 8

84% more call options, than puts

Call options by funds: $118K | Put options by funds: $64K

12% more funds holding

Funds holding: 7685 (+9)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.03% less ownership

Funds ownership: 3.04%3.01% (-0.03%)

4% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 23

41% less capital invested

Capital invested by funds: $142M → $84.2M (-$57.3M)

Holders
85
Holders Change
+9
Holders Change %
+11.84%
% of All Funds
1.23%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
18
Increased
22
Reduced
23
Closed
8
Calls
$118K
Puts
$64K
Net Calls
+$54K
Net Calls Change
+$297K
Name Holding Trade Value Shares
Change
Change in
Stake
Group One Trading
26
Group One Trading
Illinois
$99.2K -$110K -3,132 -45%
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$87K
SIC
28
Sterling Investment Counsel
New York
$83.9K
Jane Street
29
Jane Street
New York
$80.1K +$49.6K +1,410 +84%
Squarepoint
30
Squarepoint
New York
$74.2K +$100K +2,853 New
Renaissance Technologies
31
Renaissance Technologies
New York
$74.1K +$76.2K +2,165 +317%
CA
32
Crumly & Associates
Illinois
$69.4K +$24.6K +700 +36%
XT
33
XTX Topco
Cayman Islands
$69.3K -$222K -6,317 -70%
AllianceBernstein
34
AllianceBernstein
Tennessee
$67.5K +$32K +911 +54%
T. Rowe Price Associates
35
T. Rowe Price Associates
Maryland
$63K
Jacobs Levy Equity Management
36
Jacobs Levy Equity Management
New Jersey
$59.3K +$80.2K +2,279 New
VF
37
Virtu Financial
New York
$53K -$18.3K -520 -20%
UBS Group
38
UBS Group
Switzerland
$47.6K -$20.4K -580 -24%
PFGIA
39
Patriot Financial Group Insurance Agency
Massachusetts
$42.7K +$57.7K +1,641 New
FSCM
40
Front Street Capital Management
Montana
$41K
Bank of America
41
Bank of America
North Carolina
$39.4K -$5.73K -163 -10%
DWM
42
Diversify Wealth Management
Utah
$39K +$46.5K +1,323 New
PTP
43
Platform Technology Partners
New York
$36.4K +$49.2K +1,400 New
QCG
44
Quadrant Capital Group
Ohio
$32.5K
CF
45
Corebridge Financial
Texas
$31.8K +$43.1K +1,224 New
FWM
46
Focused Wealth Management
New York
$31.2K
Mirae Asset Global ETFs Holdings
47
Mirae Asset Global ETFs Holdings
Hong Kong
$28.8K +$38.9K +1,106 New
Wells Fargo
48
Wells Fargo
California
$27.4K +$7.6K +216 +26%
JP Morgan Chase
49
JP Morgan Chase
New York
$27.4K +$2.85K +81 +8%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$26.1K +$70 +2 +0.2%

PRPL Hedge Fund Activity: Q2 2024 in Review

85 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q2 2024, worth a combined $84.2M — down 41% from $142M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PRPL positions and 8 closed out — a net gain of 10 holders — while 22 added to existing stakes and 23 trimmed.

The largest buyer was Divisadero Street Capital Management, opening a new position worth an estimated $195K. The largest seller was No Street GP LP, cutting an estimated $363K.

  • 85 institutional investors held Purple Innovation (PRPL) as of Q2 2024, up from 76 in Q1 2024.
  • Funds reported $84.2M of Purple Innovation stock for Q2 2024, down 41% quarter-over-quarter.
  • 18 funds opened new Purple Innovation positions in Q2 2024 and 8 closed out, a net change of +10 holders.
  • The largest Purple Innovation buyer in Q2 2024 was Divisadero Street Capital Management, an estimated $195K added.
  • The largest Purple Innovation seller in Q2 2024 was No Street GP LP, an estimated $363K sold.

Based on aggregated 13F filings for Q2 2024.