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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
RP
126
Repertoire Partners
New York
$2K +$2.56K +13 New
EW
127
Evoke Wealth
California
$2K +$3.15K +16 New
GRP
128
Global Retirement Partners
California
$2K +$3.94K +20 New
CAPTRUST Financial Advisors
129
CAPTRUST Financial Advisors
North Carolina
$1K -$2.76K -14 -64%
CAL
130
Capital Advisors Ltd
Ohio
$1K +$788 +4 New
PA
131
Parallel Advisors
California
$1K +$1.38K +7 New
RIM
132
Rockbridge Investment Management
New York
$590 +$788 +4 New
Macquarie Group
133
Macquarie Group
Australia
$26
Capital Research Global Investors
134
Capital Research Global Investors
California
-$25.9M -78,000 Closed
ClearBridge Investments
135
ClearBridge Investments
New York
-$23.8M -71,855 Closed
WCM
136
Woodson Capital Management
Connecticut
-$23.2M -70,000 Closed
CI Investments Inc
137
CI Investments Inc
Ontario, Canada
-$11.4M -34,346 Closed
Voloridge Investment Management
138
Voloridge Investment Management
Florida
-$10.4M -31,266 Closed
Nomura Holdings
139
Nomura Holdings
Japan
-$5.45M -16,416 Closed
WA
140
Watchtower Advisors
Connecticut
-$3.78M -11,381 Closed
Ohio Public Employees Retirement System (OPERS)
141
Ohio Public Employees Retirement System (OPERS)
Ohio
-$2.89M -8,699 Closed
Assenagon Asset Management
142
Assenagon Asset Management
Luxembourg
-$2.36M -7,121 Closed
Stifel Financial
143
Stifel Financial
Missouri
-$1.39M -4,192 Closed
AIM
144
Aigen Investment Management
New York
-$1.01M -4,036 Closed
GIPM
145
G2 Investment Partners Management
New York
-$995K -3,000 Closed
SSA
146
Schonfeld Strategic Advisors
New York
-$929K -2,800 Closed
Franklin Resources
147
Franklin Resources
California
-$832K -2,508 Closed
AC
148
Aristides Capital
Kentucky
-$820K -2,471 Closed
Natixis Advisors
149
Natixis Advisors
Massachusetts
-$813K -2,451 Closed
Holocene Advisors
150
Holocene Advisors
New York
-$419K -1,262 Closed

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.