Pure Cycle
PCYO
59 hedge funds and large institutions have $62M invested in Pure Cycle in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
11% more funds holding
Funds holding: 53 → 59 (+6)
12% less capital invested
Capital invested by funds: $70.8M → $62M (-$8.8M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$1.38M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$767K |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$743K |
| 4 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$542K |
| 5 |
SC
Sophrosyne Capital
New York
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$821K |
| 2 |
Morgan Stanley
New York
|
-$377K |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$311K |
| 4 |
LCM
Levitt Capital Management
Boca Raton,
Florida
|
-$284K |
| 5 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of America
Charlotte,
North Carolina
| $8K | -$121K | -22,365 | -93% |
|
52
Ameriprise
Minneapolis,
Minnesota
| $6K | -$1.52K | -280 | -19% |
|
|
MTIP
53
Magee Thomson Investment Partners
San Diego,
California
| $4K | -$277 | -51 | -7% |
|
54
Barclays
London,
United Kingdom
| $3K | -$1.41K | -259 | -29% |
|
55
Citigroup
New York
| $2K | +$239 | +44 | +13% |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $1K | -$45.7K | -8,421 | -97% |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.2K | +222 | New |
|
58
AllianceBernstein
Nashville,
Tennessee
| $1K | +$1.63K | +300 | New |
|
|
CCM
59
Coe Capital Management
Highland Park,
Illinois
| – | -$311K | -55,684 | Closed |
|
|
LCM
60
Levitt Capital Management
Boca Raton,
Florida
| – | -$284K | -50,749 | Closed |
|
|
FTUS
61
Flow Traders U.S.
New York
| – | -$87K | -15,633 | Closed |
|
62
JP Morgan Chase
New York
| – | -$86K | -15,382 | Closed |
|
|
TH
63
Timber Hill
Greenwich,
Connecticut
| – | -$58K | -10,465 | Closed |
|
64
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -208 | Closed |
|
PCYO Hedge Fund Activity: Q3 2013 in Review
59 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q3 2013, worth a combined $62M — down 12% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PCYO positions and 6 closed out — a net gain of 6 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was Dubuque Bank & Trust, opening a new position worth an estimated $1.38M. The largest seller was EAM Investors, cutting an estimated $821K.
- 59 institutional investors held Pure Cycle (PCYO) as of Q3 2013, up from 53 in Q2 2013.
- Funds reported $62M of Pure Cycle stock for Q3 2013, down 12% quarter-over-quarter.
- 12 funds opened new Pure Cycle positions in Q3 2013 and 6 closed out, a net change of +6 holders.
- The largest Pure Cycle buyer in Q3 2013 was Dubuque Bank & Trust, an estimated $1.38M added.
- The largest Pure Cycle seller in Q3 2013 was EAM Investors, an estimated $821K sold.
Based on aggregated 13F filings for Q3 2013.