Purple Innovation
PRPL
114 hedge funds and large institutions have $289M invested in Purple Innovation in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 43 reducing their positions, and 38 closing their positions.
31% more call options, than puts
Call options by funds: $1.88M | Put options by funds: $1.44M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 4.54% → 4.52% (-0.02%)
9% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 43
19% less funds holding
Funds holding: 141 → 114 (-27)
46% less capital invested
Capital invested by funds: $536M → $289M (-$247M)
66% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$46.1M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
+$6.16M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$5.15M |
| 4 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
+$4.23M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$26.6M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$18.5M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$3.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.87M |
| 5 |
Goldman Sachs
New York
|
-$2.81M |
PRPL Hedge Fund Activity: Q2 2022 in Review
114 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q2 2022, worth a combined $289M — down 46% from $536M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of PRPL and 13 opened new positions — a net loss of 25 holders — while 43 trimmed existing stakes and 39 added.
The largest buyer was Coliseum Capital Management, adding an estimated $46.1M. The largest seller was Janus Henderson Group, cutting an estimated $26.6M.
- 114 institutional investors held Purple Innovation (PRPL) as of Q2 2022, down from 141 in Q1 2022.
- Funds reported $289M of Purple Innovation stock for Q2 2022, down 46% quarter-over-quarter.
- 13 funds opened new Purple Innovation positions in Q2 2022 and 38 closed out, a net change of -25 holders.
- The largest Purple Innovation buyer in Q2 2022 was Coliseum Capital Management, an estimated $46.1M added.
- The largest Purple Innovation seller in Q2 2022 was Janus Henderson Group, an estimated $26.6M sold.
Based on aggregated 13F filings for Q2 2022.