Purple Innovation
PRPL
17 hedge funds and large institutions have $110M invested in Purple Innovation in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 2 closing their positions.
0.11% less ownership
Funds ownership: 2.85% → 2.74% (-0.11%)
4% less capital invested
Capital invested by funds: $114M → $110M (-$4.42M)
11% less funds holding
Funds holding: 19 → 17 (-2)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$4.35M |
| 2 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.1M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.71M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$810K |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.26M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$1.56M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.55M |
| 4 |
MSU
Mizuho Securities USA
New York
|
-$1.05M |
| 5 |
Capstone Investment Advisors
New York
|
-$1.01M |
PRPL Hedge Fund Activity: Q4 2017 in Review
17 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q4 2017, worth a combined $110M — down 3.9% from $114M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PRPL and 1 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 4 added.
The largest buyer was Cowen Inc, opening a new position worth an estimated $4.35M. The largest seller was Oxford Asset Management, cutting an estimated $3.26M.
- 17 institutional investors held Purple Innovation (PRPL) as of Q4 2017, down from 19 in Q3 2017.
- Funds reported $110M of Purple Innovation stock for Q4 2017, down 3.9% quarter-over-quarter.
- 1 fund opened new Purple Innovation positions in Q4 2017 and 2 closed out, a net change of -1 holder.
- The largest Purple Innovation buyer in Q4 2017 was Cowen Inc, an estimated $4.35M added.
- The largest Purple Innovation seller in Q4 2017 was Oxford Asset Management, an estimated $3.26M sold.
Based on aggregated 13F filings for Q4 2017.