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Purple Innovation
PRPL

18 hedge funds and large institutions have $82.3M invested in Purple Innovation in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

12% more capital invested

Capital invested by funds: $73.7M → $82.3M (+$8.62M)

6% more funds holding

Funds holding: 17 → 18 (+1)

1.71% more ownership

Funds ownership: 0% → 1.71% (+1.7%)

Holders
18
Holders Change
+1
Holders Change %
+5.88%
% of All Funds
0.45%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
2
Reduced
1
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MSU
Mizuho Securities USA
New York
+$670K
2
BCM
Basso Capital Management
Connecticut
+$55.2K
3
KIM
Karpus Investment Management
New York
+$14K

Top Sellers

Rank Fund Capital Flow
1
WAM
Weiss Asset Management
Massachusetts
-$649K
2
GCL
Glazer Capital LLC
New York
-$26.5K
3
TRCT
Tower Research Capital (TRC)
New York
-$7K
Name Holding Trade Value Shares
Change 		Change in
Stake
Capstone Investment Advisors
1
Capstone Investment Advisors
New York
$9.94M – – –
Hudson Bay Capital Management
2
Hudson Bay Capital Management
Connecticut
$9.94M – – –
FTCM
3
Fir Tree Capital Management
New York
$6.96M – – –
GCL
4
Glazer Capital LLC
New York
$6.59M -$26.5K -108 -0.4%
PAMP
5
Polar Asset Management Partners
Ontario, Canada
$6.01M – – –
MCM
6
Moore Capital Management
New York
$5.96M – – –
HHC
7
Hutchin Hill Capital
New York
$5.71M – – –
Deutsche Bank
8
Deutsche Bank
Germany
$5.57M – – –
ACPU
9
Arrowgrass Capital Partners (US)
Delaware
$5.11M – – –
RCM
10
Rotation Capital Management
New York
$4.99M +$4.92M +20,060 New
OAM
11
Oxford Asset Management
United Kingdom
$4.29M – – –
WRBC
12
W.R. Berkley Corp
Connecticut
$3.05M – – –
PC
13
Periscope Capital
Ontario, Canada
$3.01M +$2.97M +12,120 New
BCM
14
Basso Capital Management
Connecticut
$2.35M +$55.2K +225 +2%
KIM
15
Karpus Investment Management
New York
$1.14M +$14K +57 +1%
AIM
16
Assured Investment Management
New York
$994K – – –
MSU
17
Mizuho Securities USA
New York
$679K +$670K +2,734 New
UBS Group
18
UBS Group
Switzerland
$4K – – –
WAM
19
Weiss Asset Management
Massachusetts
– -$649K -2,626 Closed
TRCT
20
Tower Research Capital (TRC)
New York
– -$7K -30 Closed

PRPL Hedge Fund Activity: Q4 2016 in Review

18 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q4 2016, worth a combined $82.3M — up 12% from $73.7M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new PRPL positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.

The largest buyer was Mizuho Securities USA, opening a new position worth an estimated $670K. The largest seller was Weiss Asset Management, exiting entirely with an estimated $649K sold.

  • 18 institutional investors held Purple Innovation (PRPL) as of Q4 2016, up from 17 in Q3 2016.
  • Funds reported $82.3M of Purple Innovation stock for Q4 2016, up 12% quarter-over-quarter.
  • 3 funds opened new Purple Innovation positions in Q4 2016 and 2 closed out, a net change of +1 holder.
  • The largest Purple Innovation buyer in Q4 2016 was Mizuho Securities USA, an estimated $670K added.
  • The largest Purple Innovation seller in Q4 2016 was Weiss Asset Management, an estimated $649K sold.

Based on aggregated 13F filings for Q4 2016.