Pure Cycle
PCYO
104 hedge funds and large institutions have $118M invested in Pure Cycle in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 36 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
4% more funds holding
Funds holding: 100 → 104 (+4)
0.98% less ownership
Funds ownership: 52.56% → 51.58% (-0.98%)
11% less capital invested
Capital invested by funds: $133M → $118M (-$14.6M)
36% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 36
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$1.68M |
| 2 |
CS
Cannell & Spears
New York
|
+$1.13M |
| 3 |
Renaissance Technologies
New York
|
+$452K |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$423K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.95M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$747K |
| 3 |
MA
MYDA Advisors
Woodmere,
New York
|
-$693K |
| 4 |
BlackRock
New York
|
-$360K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$272K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
101
Tortoise Investment Management
White Plains,
New York
| $95 | – | – | – |
|
|
FFA
102
Farther Finance Advisors
San Francisco,
California
| $48 | – | – | – |
|
|
AWM
103
Avior Wealth Management
Omaha,
Nebraska
| $28 | +$30 | +3 | New |
|
|
104
Allspring Global Investments
Charlotte,
North Carolina
| – | -$272K | -25,943 | Closed |
|
105
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$155K | -14,830 | Closed |
|
106
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$12K | -1,150 | Closed |
|
|
FHA
107
First Horizon Advisors
Memphis,
Tennessee
| – | -$1.5K | -143 | Closed |
|
|
GI
108
Gradient Investments
Arden Hills,
Minnesota
| – | -$1.13K | -108 | Closed |
|
|
GI
109
GAMMA Investing
Foster City,
California
| – | -$764 | -78 | Closed |
|
|
JPWM
110
Jamison Private Wealth Management
Milton,
Georgia
| – | +$7.92K | +800 | New |
|
PCYO Hedge Fund Activity: Q1 2024 in Review
104 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q1 2024, worth a combined $118M — down 11% from $133M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PCYO positions and 6 closed out — a net gain of 6 holders — while 23 added to existing stakes and 36 trimmed.
The largest buyer was Magnolia Group, adding an estimated $1.68M. The largest seller was Morgan Stanley, cutting an estimated $2.95M.
- 104 institutional investors held Pure Cycle (PCYO) as of Q1 2024, up from 100 in Q4 2023.
- Funds reported $118M of Pure Cycle stock for Q1 2024, down 11% quarter-over-quarter.
- 12 funds opened new Pure Cycle positions in Q1 2024 and 6 closed out, a net change of +6 holders.
- The largest Pure Cycle buyer in Q1 2024 was Magnolia Group, an estimated $1.68M added.
- The largest Pure Cycle seller in Q1 2024 was Morgan Stanley, an estimated $2.95M sold.
Based on aggregated 13F filings for Q1 2024.