Pure Cycle
PCYO
82 hedge funds and large institutions have $161M invested in Pure Cycle in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 7 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
1% more funds holding
Funds holding: 81 → 82 (+1)
3% less capital invested
Capital invested by funds: $165M → $161M (-$4.68M)
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
14.02% less ownership
Funds ownership: 67.53% → 53.51% (-14%)
Top Buyers
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$3.33M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.49M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$774K |
| 4 |
JP Morgan Chase
New York
|
+$380K |
| 5 |
BlackRock
New York
|
+$274K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWA
76
Dorsey Wright & Associates
Pasadena,
California
| $15K | – | – | – |
|
|
SBL
77
Sargent Bickham Lagudis
Boulder,
Colorado
| $13K | – | – | – |
|
|
AG
78
Advisor Group
Phoenix,
Arizona
| $5K | – | – | – |
|
|
FP
79
Financial Perspectives
Minneapolis,
Minnesota
| $2.52K | +$2.35K | +200 | New |
|
|
AF
80
Advisornet Financial
Minnetonka,
Minnesota
| $1K | – | – | – |
|
|
DGHMC
81
Dalton, Greiner, Hartman, Maher & Co
New York
| – | -$640K | -62,238 | Closed |
|
|
EVC
82
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$281K | -27,299 | Closed |
|
|
ARM
83
Adirondack Research & Management
Guilderland,
New York
| – | -$44K | -4,286 | Closed |
|
84
Victory Capital Management
San Antonio,
Texas
| – | -$44K | -4,286 | Closed |
|
|
NFG
85
Next Financial Group
Houston,
Texas
| – | -$7K | -700 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$4K | -390 | Closed |
|
87
Lazard Asset Management
New York
| – | +$223 | +19 | +41% |
|
PCYO Hedge Fund Activity: Q4 2019 in Review
82 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q4 2019, worth a combined $161M — down 2.8% from $165M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PCYO positions and 7 closed out — a net gain of 2 holders — while 24 added to existing stakes and 25 trimmed.
The largest buyer was MAI Capital Management, opening a new position worth an estimated $3.33M. The largest seller was PAR Capital Management, cutting an estimated $40.5M.
- 82 institutional investors held Pure Cycle (PCYO) as of Q4 2019, up from 81 in Q3 2019.
- Funds reported $161M of Pure Cycle stock for Q4 2019, down 2.8% quarter-over-quarter.
- 9 funds opened new Pure Cycle positions in Q4 2019 and 7 closed out, a net change of +2 holders.
- The largest Pure Cycle buyer in Q4 2019 was MAI Capital Management, an estimated $3.33M added.
- The largest Pure Cycle seller in Q4 2019 was PAR Capital Management, an estimated $40.5M sold.
Based on aggregated 13F filings for Q4 2019.