Pure Cycle
PCYO
99 hedge funds and large institutions have $186M invested in Pure Cycle in 2020 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 29 reducing their positions, and 4 closing their positions.
475% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 4
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more funds holding
Funds holding: 82 → 99 (+17)
16.48% more ownership
Funds ownership: 53.51% → 69.99% (+16%)
16% more capital invested
Capital invested by funds: $161M → $186M (+$25.5M)
3% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.76M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.52M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$1.91M |
| 4 |
Renaissance Technologies
New York
|
+$1.43M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$11.8M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$6.95M |
| 3 |
RA
Royce & Associates
New York
|
-$1.11M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$604K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$408K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Squarepoint
New York
| – | -$192K | -15,275 | Closed |
|
102
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$28K | -2,195 | Closed |
|
103
Simplex Trading
Chicago,
Illinois
| – | +$182 | +15 | New |
|
PCYO Hedge Fund Activity: Q1 2020 in Review
99 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q1 2020, worth a combined $186M — up 16% from $161M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PCYO positions and 4 closed out — a net gain of 19 holders — while 28 added to existing stakes and 29 trimmed.
The largest buyer was Vanguard Group, adding an estimated $8.76M. The largest seller was Trigran Investments, cutting an estimated $11.8M.
- 99 institutional investors held Pure Cycle (PCYO) as of Q1 2020, up from 82 in Q4 2019.
- Funds reported $186M of Pure Cycle stock for Q1 2020, up 16% quarter-over-quarter.
- 23 funds opened new Pure Cycle positions in Q1 2020 and 4 closed out, a net change of +19 holders.
- The largest Pure Cycle buyer in Q1 2020 was Vanguard Group, an estimated $8.76M added.
- The largest Pure Cycle seller in Q1 2020 was Trigran Investments, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2020.