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Pure Cycle

50 hedge funds and large institutions have $88.1M invested in Pure Cycle in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

23% more capital invested

Capital invested by funds: $71.5M → $88.1M (+$16.6M)

9% more funds holding

Funds holding: 4650 (+4)

9% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 11

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $18K

Holders
50
Holders Change
+4
Holders Change %
+8.7%
% of All Funds
1.33%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
12
Reduced
11
Closed
2
Calls
Puts
$18K
Net Calls
-$18K
Net Calls Change
-$2K
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$34.3M
TI
2
Trigran Investments
Illinois
$12.7M -$695K -146,072 -6%
JHIU
3
Janus Henderson Investors US
Colorado
$4.44M +$486K +102,150 +15%
Vanguard Group
4
Vanguard Group
Pennsylvania
$4.18M +$22.4K +4,711 +0.7%
TAM
5
Tealwood Asset Management
Minnesota
$4.03M -$188K -39,622 -5%
RA
6
Royce & Associates
New York
$3.87M
KCM
7
Kennedy Capital Management
Missouri
$3.52M +$620K +130,387 +27%
Boston Partners
8
Boston Partners
Massachusetts
$2.48M +$141K +29,656 +7%
Morgan Stanley
9
Morgan Stanley
New York
$2.21M +$156K +32,742 +9%
KFA
10
Kelleher Financial Advisors
New York
$2.19M -$48K -10,100 -3%
CCMLC
11
Cardinal Capital Management LLC (Connecticut)
Connecticut
$2.02M -$96.3K -20,252 -5%
SC
12
Skylands Capital
Wisconsin
$1.53M +$1.27M +267,450 New
ARM
13
Adirondack Research & Management
New York
$1.34M -$2.85K -600 -0.3%
EA
14
Emerald Acquisition
Washington
$1.27M -$89.7K -18,852 -8%
JMH
15
J.M. Hartwell
New York
$1M
CRC
16
Curi RMB Capital
Illinois
$614K
CHAM
17
Clear Harbor Asset Management
Connecticut
$589K
Geode Capital Management
18
Geode Capital Management
Massachusetts
$558K +$13.9K +2,926 +3%
BA
19
Bard Associates
Illinois
$521K -$3.81K -800 -0.9%
DWA
20
Douglass Winthrop Advisors
New York
$516K
KBC Group
21
KBC Group
Belgium
$470K
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$461K
Wells Fargo
23
Wells Fargo
California
$382K
CC
24
Cannell & Co
New York
$367K
Koshinski Asset Management
25
Koshinski Asset Management
Illinois
$343K +$284K +59,700 New

PCYO Hedge Fund Activity: Q3 2016 in Review

50 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q3 2016, worth a combined $88.1M — up 23% from $71.5M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new PCYO positions and 2 closed out — a net gain of 4 holders — while 12 added to existing stakes and 11 trimmed.

The largest buyer was Skylands Capital, opening a new position worth an estimated $1.27M. The largest seller was Trigran Investments, cutting an estimated $695K.

  • 50 institutional investors held Pure Cycle (PCYO) as of Q3 2016, up from 46 in Q2 2016.
  • Funds reported $88.1M of Pure Cycle stock for Q3 2016, up 23% quarter-over-quarter.
  • 6 funds opened new Pure Cycle positions in Q3 2016 and 2 closed out, a net change of +4 holders.
  • The largest Pure Cycle buyer in Q3 2016 was Skylands Capital, an estimated $1.27M added.
  • The largest Pure Cycle seller in Q3 2016 was Trigran Investments, an estimated $695K sold.

Based on aggregated 13F filings for Q3 2016.