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Pure Cycle

47 hedge funds and large institutions have $94.1M invested in Pure Cycle in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 10

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less capital invested

Capital invested by funds: $97.2M → $94.1M (-$3.06M)

15% less funds holding

Funds holding: 5547 (-8)

73% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 11

Holders
47
Holders Change
-8
Holders Change %
-14.55%
% of All Funds
1.36%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
3
Increased
18
Reduced
10
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$38.7M
TI
2
Trigran Investments
Illinois
$12.4M +$1.61M +244,778 +15%
TAM
3
Tealwood Asset Management
Minnesota
$5.53M +$7.98K +1,210 +0.1%
DBT
4
Dubuque Bank & Trust
Iowa
$5.32M -$42K -6,361 -0.8%
SC
5
Sophrosyne Capital
New York
$5.28M +$1.12M +170,148 +26%
PWAM
6
Park West Asset Management
California
$3.14M
CCMLC
7
Cardinal Capital Management LLC (Connecticut)
Connecticut
$2.86M -$64.3K -9,750 -2%
Vanguard Group
8
Vanguard Group
Pennsylvania
$2.72M +$97.3K +14,749 +4%
KFA
9
Kelleher Financial Advisors
New York
$2.44M -$7.59K -1,150 -0.3%
JHIU
10
Janus Henderson Investors US
Colorado
$1.99M +$823K +124,753 +68%
RFC
11
Russell Frank Company
Washington
$1.87M +$2.64K +400 +0.1%
CCM
12
Coe Capital Management
Illinois
$1.41M +$60.8K +9,210 +4%
SIM
13
Sentry Investment Management
Wisconsin
$1.3M +$800K +121,299 +152%
JMH
14
J.M. Hartwell
New York
$1.22M +$282K +42,760 +29%
CHAM
15
Clear Harbor Asset Management
Connecticut
$772K +$65.1K +9,875 +9%
Morgan Stanley
16
Morgan Stanley
New York
$766K -$5.67K -860 -0.7%
FAM
17
Fortaleza Asset Management
Illinois
$724K +$200K +30,300 +37%
BA
18
Bard Associates
Illinois
$714K
CRC
19
Curi RMB Capital
Illinois
$695K
Geode Capital Management
20
Geode Capital Management
Massachusetts
$597K -$1.71K -259 -0.3%
KCM
21
Kennedy Capital Management
Missouri
$567K +$12.3K +1,862 +2%
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$520K
EVC
23
Eidelman Virant Capital
Missouri
$507K -$181K -27,473 -26%
BFA
24
BlackRock Fund Advisors
California
$326K -$24.1K -3,655 -7%
AGM
25
Alpine Global Management
New York
$314K +$37.6K +5,700 +13%

PCYO Hedge Fund Activity: Q3 2014 in Review

47 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q3 2014, worth a combined $94.1M — down 3.1% from $97.2M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of PCYO and 3 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 18 added.

The largest buyer was Trigran Investments, adding an estimated $1.61M. The largest seller was Northern Trust, cutting an estimated $923K.

  • 47 institutional investors held Pure Cycle (PCYO) as of Q3 2014, down from 55 in Q2 2014.
  • Funds reported $94.1M of Pure Cycle stock for Q3 2014, down 3.1% quarter-over-quarter.
  • 3 funds opened new Pure Cycle positions in Q3 2014 and 11 closed out, a net change of -8 holders.
  • The largest Pure Cycle buyer in Q3 2014 was Trigran Investments, an estimated $1.61M added.
  • The largest Pure Cycle seller in Q3 2014 was Northern Trust, an estimated $923K sold.

Based on aggregated 13F filings for Q3 2014.