Pure Cycle
PCYO
45 hedge funds and large institutions have $75.2M invested in Pure Cycle in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 6 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
25% more capital invested
Capital invested by funds: $60M → $75.2M (+$15.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 47 → 45 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $50K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.01M |
| 2 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$592K |
| 3 |
DWA
Douglass Winthrop Advisors
New York
|
+$424K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$410K |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$301K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$3.67M |
| 2 |
SC
Sophrosyne Capital
New York
|
-$815K |
| 3 |
TAM
Tealwood Asset Management
Minneapolis,
Minnesota
|
-$522K |
| 4 |
RIL
Rothschild Investment LLC
Chicago,
Illinois
|
-$142K |
| 5 |
AGM
Alpine Global Management
New York
|
-$89.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
UBS Group
Zurich,
Switzerland
| – | -$2K | -599 | Closed |
|
PCYO Hedge Fund Activity: Q1 2015 in Review
45 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q1 2015, worth a combined $75.2M — up 25% from $60M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PCYO and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 13 added.
The largest buyer was Royce & Associates, opening a new position worth an estimated $3.01M. The largest seller was Dubuque Bank & Trust, cutting an estimated $3.67M.
- 45 institutional investors held Pure Cycle (PCYO) as of Q1 2015, down from 47 in Q4 2014.
- Funds reported $75.2M of Pure Cycle stock for Q1 2015, up 25% quarter-over-quarter.
- 5 funds opened new Pure Cycle positions in Q1 2015 and 6 closed out, a net change of -1 holder.
- The largest Pure Cycle buyer in Q1 2015 was Royce & Associates, an estimated $3.01M added.
- The largest Pure Cycle seller in Q1 2015 was Dubuque Bank & Trust, an estimated $3.67M sold.
Based on aggregated 13F filings for Q1 2015.