Pure Cycle
PCYO
83 hedge funds and large institutions have $157M invested in Pure Cycle in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more funds holding
Funds holding: 82 → 83 (+1)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
0.23% less ownership
Funds ownership: 66.55% → 66.31% (-0.23%)
14% less capital invested
Capital invested by funds: $182M → $157M (-$25.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$318K |
| 2 |
Renaissance Technologies
New York
|
+$201K |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$190K |
| 4 |
BlackRock
New York
|
+$187K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
New York State Common Retirement Fund
Albany,
New York
|
-$620K |
| 2 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$270K |
| 3 |
MA
MYDA Advisors
Woodmere,
New York
|
-$204K |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$183K |
| 5 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
-$173K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
76
WealthBridge Capital Management
Westerville,
Ohio
| $10K | +$10.1K | +1,000 | New |
|
|
NFG
77
Next Financial Group
Houston,
Texas
| $7K | – | – | – |
|
|
WA
78
WealthTrust-Arizona
Scottsdale,
Arizona
| $5K | – | – | – |
|
|
AG
79
Advisor Group
Phoenix,
Arizona
| $4K | – | – | – |
|
80
BNP Paribas Financial Markets
Paris,
France
| $2.1K | -$3.76K | -371 | -64% |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$1.05K | +104 | +89% |
|
|
BCM
82
Beddow Capital Management
Jackson,
Wyoming
| – | -$173K | -15,000 | Closed |
|
83
Citadel Advisors
Miami,
Florida
| – | -$121K | -10,494 | Closed |
|
84
Barclays
London,
United Kingdom
| – | -$64.8K | -6,385 | -100% |
|
|
CPIG
85
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$35K | -3,720 | Closed |
|
|
AA
86
Ancora Advisors
Cleveland,
Ohio
| – | -$35K | -3,000 | Closed |
|
|
PI
87
PEAK6 Investments
Chicago,
Illinois
| – | -$1K | -100 | Closed |
|
PCYO Hedge Fund Activity: Q4 2018 in Review
83 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q4 2018, worth a combined $157M — down 14% from $182M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PCYO positions and 5 closed out — a net gain of 1 holder — while 22 added to existing stakes and 21 trimmed.
The largest buyer was Trigran Investments, adding an estimated $318K. The largest seller was New York State Common Retirement Fund, cutting an estimated $620K.
- 83 institutional investors held Pure Cycle (PCYO) as of Q4 2018, up from 82 in Q3 2018.
- Funds reported $157M of Pure Cycle stock for Q4 2018, down 14% quarter-over-quarter.
- 6 funds opened new Pure Cycle positions in Q4 2018 and 5 closed out, a net change of +1 holder.
- The largest Pure Cycle buyer in Q4 2018 was Trigran Investments, an estimated $318K added.
- The largest Pure Cycle seller in Q4 2018 was New York State Common Retirement Fund, an estimated $620K sold.
Based on aggregated 13F filings for Q4 2018.