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Purple Innovation

77 hedge funds and large institutions have $119M invested in Purple Innovation in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 10

69% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 16

26% more funds holding

Funds holding: 6177 (+16)

3.04% less ownership

Funds ownership: 6.56%3.52% (-3%)

21% less capital invested

Capital invested by funds: $151M → $119M (-$32.3M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
77
Holders Change
+16
Holders Change %
+26.23%
% of All Funds
1.7%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
27
Increased
27
Reduced
16
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1
Coliseum Capital Management
Connecticut
$46.7M
WCM
2
Woodson Capital Management
Connecticut
$13.3M +$14.6M +52,504 +128%
HRCM
3
Hood River Capital Management
Florida
$6.21M -$226K -814 -2%
GGHC
4
Gilder Gagnon Howe & Co
New York
$5.52M +$10.8M +38,868 New
JP Morgan Chase
5
JP Morgan Chase
New York
$3.45M +$6.63M +23,874 +5,895%
WA
6
Wasatch Advisors
Utah
$3.33M +$6.52M +23,480 New
Vanguard Group
7
Vanguard Group
Pennsylvania
$3.32M +$105K +378 +2%
KCM
8
Kingdon Capital Management
New York
$3.2M +$2.71M +9,777 +77%
BGIM
9
Brandywine Global Investment Management
Pennsylvania
$3.04M -$1.23M -4,419 -17%
Principal Financial Group
10
Principal Financial Group
Iowa
$2.76M +$5.39M +19,433 New
DIGDR
11
Dynamo Internacional Gestao de Recursos
Brazil
$2.65M +$933K +3,359 +35%
RRCP
12
Rip Road Capital Partners
Massachusetts
$2.54M -$480K -1,728 -9%
BlackRock
13
BlackRock
New York
$2.43M +$877K +3,160 +23%
WANY
14
Wealthspire Advisors (New York)
New York
$2.14M +$4.18M +15,057 New
MHP
15
Manatuck Hill Partners
Connecticut
$2.02M +$1.72M +6,212 +78%
N
16
Nuveen
North Carolina
$1.75M +$3.42M +12,329 New
PI
17
Putnam Investments
Massachusetts
$1.31M -$1.88M -6,776 -42%
AIC
18
AWM Investment Company
New York
$1.1M -$2.3M -8,267 -52%
FA
19
Friess Associates
Delaware
$945K +$1.85M +6,656 New
Geode Capital Management
20
Geode Capital Management
Massachusetts
$892K +$298K +1,073 +21%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$855K +$1.27M +4,565 +314%
LSC
22
Lyon Street Capital
California
$793K -$1.53M -5,515 -50%
State Street
23
State Street
Massachusetts
$726K +$568K +2,045 +67%
SEI Investments
24
SEI Investments
Pennsylvania
$725K -$131K -471 -8%
Northern Trust
25
Northern Trust
Illinois
$664K +$345K +1,242 +36%

PRPL Hedge Fund Activity: Q1 2020 in Review

77 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q1 2020, worth a combined $119M — down 21% from $151M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PRPL positions and 10 closed out — a net gain of 17 holders — while 27 added to existing stakes and 16 trimmed.

The largest buyer was Woodson Capital Management, adding an estimated $14.6M. The largest seller was J. Goldman & Co, cutting an estimated $7.61M.

  • 77 institutional investors held Purple Innovation (PRPL) as of Q1 2020, up from 61 in Q4 2019.
  • Funds reported $119M of Purple Innovation stock for Q1 2020, down 21% quarter-over-quarter.
  • 27 funds opened new Purple Innovation positions in Q1 2020 and 10 closed out, a net change of +17 holders.
  • The largest Purple Innovation buyer in Q1 2020 was Woodson Capital Management, an estimated $14.6M added.
  • The largest Purple Innovation seller in Q1 2020 was J. Goldman & Co, an estimated $7.61M sold.

Based on aggregated 13F filings for Q1 2020.