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Purple Innovation

146 hedge funds and large institutions have $1.36B invested in Purple Innovation in 2020 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 51 increasing their positions, 28 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 410 (+6)

117% more capital invested

Capital invested by funds: $626M → $1.36B (+$732M)

111% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 27

82% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 28

30% more call options, than puts

Call options by funds: $28.8M | Put options by funds: $22.2M

26% more funds holding

Funds holding: 116146 (+30)

1.76% less ownership

Funds ownership: 5.89%4.13% (-1.8%)

Holders
146
Holders Change
+30
Holders Change %
+25.86%
% of All Funds
2.95%
Holding in Top 10
10
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+150%
% of All Funds
0.2%
New
57
Increased
51
Reduced
28
Closed
27
Calls
$28.8M
Puts
$22.2M
Net Calls
+$6.62M
Net Calls Change
+$6.8M
Name Holding Trade Value Shares
Change
Change in
Stake
MAM
101
Meeder Asset Management
Ohio
$399K +$218K +410 +177%
TRCT
102
Tower Research Capital (TRC)
New York
$384K +$154K +289 +88%
MIM
103
Monashee Investment Management
Massachusetts
$373K +$319K +600 New
Deutsche Bank
104
Deutsche Bank
Germany
$358K -$464K -872 -60%
BCM
105
Bayesian Capital Management
New York
$357K +$306K +575 New
AC
106
Avestar Capital
New York
$356K +$249K +469 New
State of Wisconsin Investment Board
107
State of Wisconsin Investment Board
Wisconsin
$343K +$293K +552 New
AIG
108
American International Group
New York
$330K +$95.7K +180 +51%
New York State Common Retirement Fund
109
New York State Common Retirement Fund
New York
$326K
Manulife (Manufacturers Life Insurance)
110
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$318K +$272K +512 New
TI
111
Trexquant Investment
Connecticut
$317K +$271K +509 New
Jane Street
112
Jane Street
New York
$309K +$264K +497 New
Balyasny Asset Management
113
Balyasny Asset Management
Illinois
$297K +$254K +478 New
VOYA Investment Management
114
VOYA Investment Management
Georgia
$266K +$228K +428 New
LCM
115
Laurion Capital Management
New York
$249K +$213K +400 New
AllianceBernstein
116
AllianceBernstein
Tennessee
$246K -$479K -900 -69%
MIM
117
MetLife Investment Management
New Jersey
$245K +$57.4K +108 +38%
RJFSA
118
Raymond James Financial Services Advisors
Florida
$236K +$202K +379 New
PTC
119
Petrus Trust Company
Texas
$234K +$200K +376 New
M&T Bank
120
M&T Bank
New York
$226K +$193K +363 New
BCM
121
Bridgeway Capital Management
Texas
$224K +$191K +360 New
State Board of Administration of Florida Retirement System
122
State Board of Administration of Florida Retirement System
Florida
$213K +$182K +342 New
RA
123
Royce & Associates
New York
$211K
PCM
124
Prelude Capital Management
New York
$173K -$472K -887 -76%
MLICM
125
Metropolitan Life Insurance Company (MetLife)
New York
$168K +$38.8K +73 +37%

PRPL Hedge Fund Activity: Q3 2020 in Review

146 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q3 2020, worth a combined $1.36B — up 117% from $626M a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new PRPL positions and 27 closed out — a net gain of 30 holders — while 51 added to existing stakes and 28 trimmed.

The largest buyer was Wasatch Advisors, adding an estimated $70.9M. The largest seller was AWM Investment Company, exiting entirely with an estimated $9.6M sold.

  • 146 institutional investors held Purple Innovation (PRPL) as of Q3 2020, up from 116 in Q2 2020.
  • Funds reported $1.36B of Purple Innovation stock for Q3 2020, up 117% quarter-over-quarter.
  • 57 funds opened new Purple Innovation positions in Q3 2020 and 27 closed out, a net change of +30 holders.
  • The largest Purple Innovation buyer in Q3 2020 was Wasatch Advisors, an estimated $70.9M added.
  • The largest Purple Innovation seller in Q3 2020 was AWM Investment Company, an estimated $9.6M sold.

Based on aggregated 13F filings for Q3 2020.