Pure Cycle
PCYO
47 hedge funds and large institutions have $60M invested in Pure Cycle in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 5 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
0% more funds holding
Funds holding: 47 → 47 (0)
36% less capital invested
Capital invested by funds: $94.1M → $60M (-$34.1M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$2.14M |
| 2 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$1.09M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$782K |
| 4 |
DD
Dominick & Dominick
New York
|
+$502K |
| 5 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.14M |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$673K |
| 3 |
FAM
Fortaleza Asset Management
Chicago,
Illinois
|
-$488K |
| 4 |
TAM
Tealwood Asset Management
Minneapolis,
Minnesota
|
-$99.9K |
| 5 |
AGM
Alpine Global Management
New York
|
-$85K |
PCYO Hedge Fund Activity: Q4 2014 in Review
47 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q4 2014, worth a combined $60M — down 36% from $94.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PCYO positions and 5 closed out — a net gain of 2 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Trigran Investments, adding an estimated $2.14M. The largest seller was Park West Asset Management, exiting entirely with an estimated $3.14M sold.
- 47 institutional investors held Pure Cycle (PCYO) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $60M of Pure Cycle stock for Q4 2014, down 36% quarter-over-quarter.
- 7 funds opened new Pure Cycle positions in Q4 2014 and 5 closed out, a net change of +2 holders.
- The largest Pure Cycle buyer in Q4 2014 was Trigran Investments, an estimated $2.14M added.
- The largest Pure Cycle seller in Q4 2014 was Park West Asset Management, an estimated $3.14M sold.
Based on aggregated 13F filings for Q4 2014.