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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
CCM
1
Coliseum Capital Management
Connecticut
$181M +$111M +564,902 +84%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$66.7M +$27.4M +138,891 +44%
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$33.6M +$10.4M +52,961 +30%
VBA
4
Van Berkom & Associates
Quebec, Canada
$25.9M -$3.35M -17,013 -9%
SIC
5
Schwartz Investment Counsel
Michigan
$23M +$4.18M +21,245 +16%
BlackRock
6
BlackRock
New York
$21.2M +$120K +610 +0.4%
Bank of America
7
Bank of America
North Carolina
$18.9M +$8.71M +44,231 +52%
WA
8
Wasatch Advisors
Utah
$18.5M -$29.8M -151,247 -54%
NSGL
9
No Street GP LP
California
$17.7M +$23.8M +121,000 New
Vanguard Group
10
Vanguard Group
Pennsylvania
$16.8M +$128K +652 +0.6%
RC
11
RBF Capital
California
$12.7M +$13.6M +68,853 +494%
BCP
12
Bayberry Capital Partners
New York
$8.66M -$5.59M -28,400 -32%
Federated Hermes
13
Federated Hermes
Pennsylvania
$7.73M +$10.4M +52,835 New
BGIM
14
Brandywine Global Investment Management
Pennsylvania
$7.68M +$1.83M +9,284 +21%
State Street
15
State Street
Massachusetts
$6.66M +$153K +777 +2%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$5.28M -$734K -3,726 -9%
FCM
17
Freshford Capital Management
New York
$4.84M +$6.52M +33,089 New
Goldman Sachs
18
Goldman Sachs
New York
$3.91M +$3.35M +17,031 +175%
PCM
19
Penserra Capital Management
California
$3.2M -$1M -5,092 -19%
Northern Trust
20
Northern Trust
Illinois
$3.17M -$240K -1,218 -5%
Two Sigma Investments
21
Two Sigma Investments
New York
$3.06M +$4.12M +20,901 New
LAM
22
Lapides Asset Management
Connecticut
$2.81M +$1.49M +7,548 +65%
Charles Schwab
23
Charles Schwab
California
$2.46M +$85.9K +436 +3%
HRCM
24
Hawk Ridge Capital Management
California
$2.46M +$3.31M +16,800 New
JP Morgan Chase
25
JP Morgan Chase
New York
$2.41M +$2.53M +12,866 +353%

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.