PureCycle Technologies
180 hedge funds and large institutions have $628M invested in PureCycle Technologies in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 69 increasing their positions, 47 reducing their positions, and 36 closing their positions.
89% more call options, than puts
Call options by funds: $93M | Put options by funds: $49.1M
57% more capital invested
Capital invested by funds: $400M → $628M (+$229M)
47% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 47
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
1.21% more ownership
Funds ownership: 60.53% → 61.74% (+1.2%)
6% less funds holding
Funds holding: 191 → 180 (-11)
25% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWAM
Appian Way Asset Management
New York
|
+$5.86M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$5.6M |
| 3 |
AWC
Abundance Wealth Counselors
State College,
Pennsylvania
|
+$5.49M |
| 4 |
SC
Shay Capital
New York
|
+$3.84M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$10.3M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$3.06M |
| 3 |
Goldman Sachs
New York
|
-$2.31M |
| 4 |
Morgan Stanley
New York
|
-$1.74M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.38M |
PCT Hedge Fund Activity: Q1 2024 in Review
180 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PureCycle Technologies (PCT) for Q1 2024, worth a combined $628M — up 57% from $400M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of PCT and 27 opened new positions — a net loss of 9 holders — while 47 trimmed existing stakes and 69 added.
The largest buyer was Appian Way Asset Management, adding an estimated $5.86M. The largest seller was Encompass Capital Advisors, exiting entirely with an estimated $10.3M sold.
- 180 institutional investors held PureCycle Technologies (PCT) as of Q1 2024, down from 191 in Q4 2023.
- Funds reported $628M of PureCycle Technologies stock for Q1 2024, up 57% quarter-over-quarter.
- 27 funds opened new PureCycle Technologies positions in Q1 2024 and 36 closed out, a net change of -9 holders.
- The largest PureCycle Technologies buyer in Q1 2024 was Appian Way Asset Management, an estimated $5.86M added.
- The largest PureCycle Technologies seller in Q1 2024 was Encompass Capital Advisors, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2024.