Pure Cycle
PCYO
46 hedge funds and large institutions have $75.8M invested in Pure Cycle in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more funds holding
Funds holding: 43 → 46 (+3)
2% less capital invested
Capital invested by funds: $77.7M → $75.8M (-$1.88M)
11% less call options, than puts
Call options by funds: $25K | Put options by funds: $28K
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.75M |
| 2 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
+$650K |
| 3 |
PCM
Potomac Capital Management
New York
|
+$541K |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$260K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$764K |
| 2 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
-$675K |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$407K |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$340K |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$225K |
PCYO Hedge Fund Activity: Q3 2015 in Review
46 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q3 2015, worth a combined $75.8M — down 2.4% from $77.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PCYO positions and 4 closed out — a net gain of 3 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Kennedy Capital Management, adding an estimated $1.75M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $764K sold.
- 46 institutional investors held Pure Cycle (PCYO) as of Q3 2015, up from 43 in Q2 2015.
- Funds reported $75.8M of Pure Cycle stock for Q3 2015, down 2.4% quarter-over-quarter.
- 7 funds opened new Pure Cycle positions in Q3 2015 and 4 closed out, a net change of +3 holders.
- The largest Pure Cycle buyer in Q3 2015 was Kennedy Capital Management, an estimated $1.75M added.
- The largest Pure Cycle seller in Q3 2015 was Hilton Capital Management, an estimated $764K sold.
Based on aggregated 13F filings for Q3 2015.