Purple Innovation
PRPL
86 hedge funds and large institutions have $78.9M invested in Purple Innovation in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 10 closing their positions.
92% more call options, than puts
Call options by funds: $123K | Put options by funds: $64K
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1% more funds holding
Funds holding: 85 → 86 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 3.01% → 2.97% (-0.04%)
6% less capital invested
Capital invested by funds: $84.2M → $78.9M (-$5.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$647K |
| 2 |
BlackRock
New York
|
+$230K |
| 3 |
Morgan Stanley
New York
|
+$116K |
| 4 |
DC
Diametric Capital
Boston,
Massachusetts
|
+$111K |
| 5 |
Barclays
London,
United Kingdom
|
+$63.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSGL
No Street GP LP
San Francisco,
California
|
-$1.38M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$766K |
| 3 |
FSC
Full Sail Capital
Oklahoma City,
Oklahoma
|
-$121K |
| 4 |
SIC
Sterling Investment Counsel
Buffalo,
New York
|
-$81.6K |
| 5 |
Renaissance Technologies
New York
|
-$74.1K |
PRPL Hedge Fund Activity: Q3 2024 in Review
86 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Purple Innovation (PRPL) for Q3 2024, worth a combined $78.9M — down 6.2% from $84.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new PRPL positions and 10 closed out — a net gain of 1 holder — while 27 added to existing stakes and 20 trimmed.
The largest buyer was Wasatch Advisors, adding an estimated $647K. The largest seller was No Street GP LP, cutting an estimated $1.38M.
- 86 institutional investors held Purple Innovation (PRPL) as of Q3 2024, up from 85 in Q2 2024.
- Funds reported $78.9M of Purple Innovation stock for Q3 2024, down 6.2% quarter-over-quarter.
- 11 funds opened new Purple Innovation positions in Q3 2024 and 10 closed out, a net change of +1 holder.
- The largest Purple Innovation buyer in Q3 2024 was Wasatch Advisors, an estimated $647K added.
- The largest Purple Innovation seller in Q3 2024 was No Street GP LP, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2024.