Pure Cycle
PCYO
92 hedge funds and large institutions have $149M invested in Pure Cycle in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 11 closing their positions.
0.68% more ownership
Funds ownership: 68.91% → 69.6% (+0.68%)
2% less capital invested
Capital invested by funds: $152M → $149M (-$2.7M)
10% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 31
4% less funds holding
Funds holding: 96 → 92 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.77M |
| 2 |
PC
Plaisance Capital
Denver,
Colorado
|
+$3.73M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$1.94M |
| 4 |
Goldman Sachs
New York
|
+$710K |
| 5 |
KBC Group
Brussels,
Belgium
|
+$536K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$2.44M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.11M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$2.06M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.46M |
| 5 |
Millennium Management
New York
|
-$700K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1W
101
1776 Wealth
Atlanta,
Georgia
| – | -$19K | -2,100 | Closed |
|
102
Osaic Holdings
Scottsdale,
Arizona
| – | -$4K | -410 | Closed |
|
PCYO Hedge Fund Activity: Q3 2020 in Review
92 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q3 2020, worth a combined $149M — down 1.8% from $152M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of PCYO and 7 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 28 added.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $3.77M. The largest seller was Trigran Investments, exiting entirely with an estimated $2.44M sold.
- 92 institutional investors held Pure Cycle (PCYO) as of Q3 2020, down from 96 in Q2 2020.
- Funds reported $149M of Pure Cycle stock for Q3 2020, down 1.8% quarter-over-quarter.
- 7 funds opened new Pure Cycle positions in Q3 2020 and 11 closed out, a net change of -4 holders.
- The largest Pure Cycle buyer in Q3 2020 was Heartland Advisors, an estimated $3.77M added.
- The largest Pure Cycle seller in Q3 2020 was Trigran Investments, an estimated $2.44M sold.
Based on aggregated 13F filings for Q3 2020.