PureCycle Technologies
175 hedge funds and large institutions have $702M invested in PureCycle Technologies in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 78 increasing their positions, 34 reducing their positions, and 21 closing their positions.
187% more call options, than puts
Call options by funds: $40.5M | Put options by funds: $14.1M
129% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 34
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
8% more capital invested
Capital invested by funds: $651M → $702M (+$50.9M)
5% more funds holding
Funds holding: 167 → 175 (+8)
1.42% more ownership
Funds ownership: 60.19% → 61.61% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
+$13.9M |
| 2 |
Millennium Management
New York
|
+$10.5M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.01M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.85M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$7.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.83M |
| 4 |
BNP Paribas Asset Management
Paris,
France
|
-$6.04M |
| 5 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
-$5.4M |
PCT Hedge Fund Activity: Q1 2023 in Review
175 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PureCycle Technologies (PCT) for Q1 2023, worth a combined $702M — up 7.8% from $651M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PCT positions and 21 closed out — a net gain of 9 holders — while 78 added to existing stakes and 34 trimmed.
The largest buyer was Abundance Wealth Counselors, adding an estimated $13.9M. The largest seller was AllianceBernstein, cutting an estimated $8.85M.
- 175 institutional investors held PureCycle Technologies (PCT) as of Q1 2023, up from 167 in Q4 2022.
- Funds reported $702M of PureCycle Technologies stock for Q1 2023, up 7.8% quarter-over-quarter.
- 30 funds opened new PureCycle Technologies positions in Q1 2023 and 21 closed out, a net change of +9 holders.
- The largest PureCycle Technologies buyer in Q1 2023 was Abundance Wealth Counselors, an estimated $13.9M added.
- The largest PureCycle Technologies seller in Q1 2023 was AllianceBernstein, an estimated $8.85M sold.
Based on aggregated 13F filings for Q1 2023.