Pure Cycle
PCYO
102 hedge funds and large institutions have $104M invested in Pure Cycle in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 35 reducing their positions, and 18 closing their positions.
484% more call options, than puts
Call options by funds: $181K | Put options by funds: $31K
0.65% less ownership
Funds ownership: 46.69% → 46.04% (-0.65%)
6% less funds holding
Funds holding: 108 → 102 (-6)
7% less capital invested
Capital invested by funds: $113M → $104M (-$8.32M)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
31% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 35
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$7.28M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.18M |
| 3 |
Renaissance Technologies
New York
|
+$677K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$521K |
| 5 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.16M |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
-$2.12M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.25M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.12M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$728K |
PCYO Hedge Fund Activity: Q1 2023 in Review
102 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q1 2023, worth a combined $104M — down 7.4% from $113M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PCYO and 15 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 24 added.
The largest buyer was Magnolia Group, opening a new position worth an estimated $7.28M. The largest seller was Millennium Management, cutting an estimated $2.16M.
- 102 institutional investors held Pure Cycle (PCYO) as of Q1 2023, down from 108 in Q4 2022.
- Funds reported $104M of Pure Cycle stock for Q1 2023, down 7.4% quarter-over-quarter.
- 15 funds opened new Pure Cycle positions in Q1 2023 and 18 closed out, a net change of -3 holders.
- The largest Pure Cycle buyer in Q1 2023 was Magnolia Group, an estimated $7.28M added.
- The largest Pure Cycle seller in Q1 2023 was Millennium Management, an estimated $2.16M sold.
Based on aggregated 13F filings for Q1 2023.