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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
OSAM
126
O'Shaughnessy Asset Management
Connecticut
$139K -$4.25K -8 -3%
BNP Paribas Financial Markets
127
BNP Paribas Financial Markets
France
$133K +$94.1K +177 +492%
Osaic Holdings
128
Osaic Holdings
Arizona
$132K -$98.4K -185 -47%
CG
129
Cutler Group
California
$129K +$12.2K +23 +12%
PFO
130
Pathstone Family Office
New Jersey
$124K
ICM
131
Ionic Capital Management
New York
$123K +$106K +199 New
UBS Group
132
UBS Group
Switzerland
$95K -$16K -30 -16%
Credit Agricole
133
Credit Agricole
France
$75K +$63.8K +120 New
Legal & General Group
134
Legal & General Group
United Kingdom
$66K +$6.38K +12 +13%
AIP
135
Ameritas Investment Partners
Nebraska
$47K +$13.3K +25 +49%
Royal Bank of Canada
136
Royal Bank of Canada
Ontario, Canada
$46K +$38.3K +72 +7,200%
PHK
137
Point72 Hong Kong
Hong Kong
$38K +$33K +62 New
SPIA
138
Steward Partners Investment Advisory
New York
$30K +$25.5K +48 New
Citigroup
139
Citigroup
New York
$29K -$19.1K -36 -43%
Millennium Management
140
Millennium Management
New York
$17.2K +$14.7M +27,603 New
FCH
141
Freestone Capital Holdings
Washington
$6.21K +$5.32K +10 New
CAPTRUST Financial Advisors
142
CAPTRUST Financial Advisors
North Carolina
$6K
MSFP
143
Mark Sheptoff Financial Planning
Connecticut
$5K
GAM
144
Gemmer Asset Management
California
$4K +$3.72K +7 New
VNA
145
Valley National Advisers
Pennsylvania
$1K +$532 +1 +100%
US Bancorp
146
US Bancorp
Minnesota
$1K +$1.06K +2 New
AIC
147
AWM Investment Company
New York
-$9.6M -21,338 Closed
RRCP
148
Rip Road Capital Partners
Massachusetts
-$5.81M -12,907 Closed
Marshall Wace
149
Marshall Wace
United Kingdom
-$5.38M -11,949 Closed
Renaissance Technologies
150
Renaissance Technologies
New York
-$5.29M -11,756 Closed

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.