Pure Cycle
PCYO
75 hedge funds and large institutions have $149M invested in Pure Cycle in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $135M → $149M (+$13.4M)
1% more funds holding
Funds holding: 74 → 75 (+1)
1.98% less ownership
Funds ownership: 68.32% → 66.33% (-2%)
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$554K |
| 2 |
JMH
J.M. Hartwell
New York
|
+$430K |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$332K |
| 4 |
State Street
Boston,
Massachusetts
|
+$321K |
| 5 |
Renaissance Technologies
New York
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$1.55M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.22M |
| 3 |
TAM
Tealwood Asset Management
Minneapolis,
Minnesota
|
-$1.14M |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$543K |
| 5 |
MA
MYDA Advisors
Woodmere,
New York
|
-$445K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFA
76
Kelleher Financial Advisors
New York
| – | -$134K | -16,100 | Closed |
|
|
CA
77
Calton & Associates
Tampa,
Florida
| – | -$60K | -6,760 | Closed |
|
78
Parallax Volatility Advisers
San Francisco,
California
| – | -$21K | -2,562 | Closed |
|
PCYO Hedge Fund Activity: Q1 2018 in Review
75 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q1 2018, worth a combined $149M — up 9.9% from $135M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PCYO positions and 5 closed out — a net gain of 1 holder — while 20 added to existing stakes and 24 trimmed.
The largest buyer was Monarch Partners Asset Management, opening a new position worth an estimated $554K. The largest seller was Boston Partners, cutting an estimated $1.55M.
- 75 institutional investors held Pure Cycle (PCYO) as of Q1 2018, up from 74 in Q4 2017.
- Funds reported $149M of Pure Cycle stock for Q1 2018, up 9.9% quarter-over-quarter.
- 6 funds opened new Pure Cycle positions in Q1 2018 and 5 closed out, a net change of +1 holder.
- The largest Pure Cycle buyer in Q1 2018 was Monarch Partners Asset Management, an estimated $554K added.
- The largest Pure Cycle seller in Q1 2018 was Boston Partners, an estimated $1.55M sold.
Based on aggregated 13F filings for Q1 2018.