PureCycle Technologies
191 hedge funds and large institutions have $400M invested in PureCycle Technologies in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 76 increasing their positions, 49 reducing their positions, and 36 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 49
14% more call options, than puts
Call options by funds: $48M | Put options by funds: $42.2M
0% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 36
2% less funds holding
Funds holding: 194 → 191 (-3)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21.77% less ownership
Funds ownership: 82.3% → 60.53% (-22%)
47% less capital invested
Capital invested by funds: $752M → $400M (-$353M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWAM
Appian Way Asset Management
New York
|
+$10.8M |
| 2 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$4.61M |
| 3 |
BlackRock
New York
|
+$2.39M |
| 4 |
Morgan Stanley
New York
|
+$1.53M |
| 5 |
IEFM
IQ EQ Fund Management
Dublin 2,
Ireland
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
-$19.7M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$13.2M |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$5.51M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.36M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$2.35M |
PCT Hedge Fund Activity: Q4 2023 in Review
191 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in PureCycle Technologies (PCT) for Q4 2023, worth a combined $400M — down 47% from $752M a quarter earlier.
Fund positioning in PCT was balanced in Q4 2023: 36 funds opened new positions, 36 closed out, 76 added to existing stakes and 49 trimmed.
The largest buyer was Appian Way Asset Management, opening a new position worth an estimated $10.8M. The largest seller was Samlyn Capital, cutting an estimated $19.7M.
- 191 institutional investors held PureCycle Technologies (PCT) as of Q4 2023, down from 194 in Q3 2023.
- Funds reported $400M of PureCycle Technologies stock for Q4 2023, down 47% quarter-over-quarter.
- 36 funds opened new PureCycle Technologies positions in Q4 2023 and 36 closed out, a net change of 0 holders.
- The largest PureCycle Technologies buyer in Q4 2023 was Appian Way Asset Management, an estimated $10.8M added.
- The largest PureCycle Technologies seller in Q4 2023 was Samlyn Capital, an estimated $19.7M sold.
Based on aggregated 13F filings for Q4 2023.