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Purple Innovation

141 hedge funds and large institutions have $535M invested in Purple Innovation in 2022 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 36

11% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 36

3% more funds holding

Funds holding: 137141 (+4)

0.03% more ownership

Funds ownership: 4.51%4.54% (+0.03%)

2% less call options, than puts

Call options by funds: $3.85M | Put options by funds: $3.92M

46% less capital invested

Capital invested by funds: $994M → $535M (-$459M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
141
Holders Change
+4
Holders Change %
+2.92%
% of All Funds
2.22%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
40
Increased
45
Reduced
36
Closed
36
Calls
$3.85M
Puts
$3.92M
Net Calls
-$78K
Net Calls Change
-$3.87M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
51
California State Teachers Retirement System (CalSTRS)
California
$446K -$42.1K -214 -7%
State of Wisconsin Investment Board
52
State of Wisconsin Investment Board
Wisconsin
$398K +$536K +2,724 New
QT
53
Quantbot Technologies
New York
$396K +$534K +2,713 New
FSC
54
Full Sail Capital
Oklahoma
$393K +$279K +1,415 +111%
AC
55
AWH Capital
Texas
$380K +$512K +2,600 New
TRCT
56
Tower Research Capital (TRC)
New York
$354K +$461K +2,343 +2,966%
LPL Financial
57
LPL Financial
California
$327K +$28.4K +144 +7%
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$324K +$28.4K +144 +7%
AllianceBernstein
59
AllianceBernstein
Tennessee
$295K +$788 +4 +0.2%
Walleye Trading
60
Walleye Trading
New York
$287K -$165K -836 -30%
AWM
61
AE Wealth Management
Kansas
$280K -$3.35K -17 -0.9%
HF
62
HRT Financial
New York
$274K +$370K +1,878 New
BAM
63
Blueshift Asset Management
New Jersey
$273K +$250K +1,270 +213%
LCM
64
Laurion Capital Management
New York
$266K +$358K +1,816 New
CS
65
Credit Suisse
Switzerland
$254K +$22.3K +113 +7%
UBS AM
66
UBS AM
Illinois
$244K
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$240K
Barclays
68
Barclays
United Kingdom
$234K
Simplex Trading
69
Simplex Trading
Illinois
$208K +$230K +1,168 +449%
Deutsche Bank
70
Deutsche Bank
Germany
$199K -$27.2K -138 -9%
DFCM
71
Dark Forest Capital Management
Puerto Rico
$189K -$31.7K -161 -11%
Two Sigma Advisers
72
Two Sigma Advisers
New York
$185K +$250K +1,268 New
IIM
73
Ironwood Investment Management
Massachusetts
$175K +$2.36K +12 +1%
JF
74
Jump Financial
Illinois
$172K +$231K +1,175 New
AIG
75
American International Group
New York
$167K -$15.8K -80 -7%

PRPL Hedge Fund Activity: Q1 2022 in Review

141 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q1 2022, worth a combined $535M — down 46% from $994M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new PRPL positions and 36 closed out — a net gain of 4 holders — while 45 added to existing stakes and 36 trimmed.

The largest buyer was Coliseum Capital Management, adding an estimated $111M. The largest seller was Wasatch Advisors, cutting an estimated $29.8M.

  • 141 institutional investors held Purple Innovation (PRPL) as of Q1 2022, up from 137 in Q4 2021.
  • Funds reported $535M of Purple Innovation stock for Q1 2022, down 46% quarter-over-quarter.
  • 40 funds opened new Purple Innovation positions in Q1 2022 and 36 closed out, a net change of +4 holders.
  • The largest Purple Innovation buyer in Q1 2022 was Coliseum Capital Management, an estimated $111M added.
  • The largest Purple Innovation seller in Q1 2022 was Wasatch Advisors, an estimated $29.8M sold.

Based on aggregated 13F filings for Q1 2022.