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Pure Cycle

48 hedge funds and large institutions have $84.6M invested in Pure Cycle in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

64.83% more ownership

Funds ownership: 0%64.83% (+65%)

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

4% less capital invested

Capital invested by funds: $88.1M → $84.6M (-$3.45M)

4% less funds holding

Funds holding: 5048 (-2)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
48
Holders Change
-2
Holders Change %
-4%
% of All Funds
1.2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
14
Reduced
11
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$32.9M
TI
2
Trigran Investments
Illinois
$12M -$134K -25,513 -1%
JHIU
3
Janus Henderson Investors US
Colorado
$4.25M
Vanguard Group
4
Vanguard Group
Pennsylvania
$4.03M +$16.3K +3,100 +0.4%
RA
5
Royce & Associates
New York
$3.73M +$20.1K +3,830 +0.6%
TAM
6
Tealwood Asset Management
Minnesota
$3.5M -$337K -64,231 -9%
KCM
7
Kennedy Capital Management
Missouri
$3.46M +$82.3K +15,697 +3%
Boston Partners
8
Boston Partners
Massachusetts
$3.36M +$944K +180,052 +42%
Morgan Stanley
9
Morgan Stanley
New York
$2.19M +$65K +12,401 +3%
KFA
10
Kelleher Financial Advisors
New York
$2.1M -$1.05K -200 -0.1%
CCMLC
11
Cardinal Capital Management LLC (Connecticut)
Connecticut
$1.57M -$347K -66,118 -19%
Russell Investments Group
12
Russell Investments Group
United Kingdom
$1.38M +$1.36M +259,368 New
ARM
13
Adirondack Research & Management
New York
$1.28M
SC
14
Skylands Capital
Wisconsin
$1.01M -$441K -84,061 -31%
JMH
15
J.M. Hartwell
New York
$961K
CRC
16
Curi RMB Capital
Illinois
$588K
CHAM
17
Clear Harbor Asset Management
Connecticut
$559K -$5.24K -1,000 -1%
BA
18
Bard Associates
Illinois
$559K +$57.1K +10,900 +12%
EVC
19
Eidelman Virant Capital
Missouri
$555K +$257K +49,087 +95%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$536K +$881 +168 +0.2%
DWA
21
Douglass Winthrop Advisors
New York
$487K -$6.94K -1,324 -1%
KBC Group
22
KBC Group
Belgium
$451K
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$442K
Wells Fargo
24
Wells Fargo
California
$366K
CC
25
Cannell & Co
New York
$352K

PCYO Hedge Fund Activity: Q4 2016 in Review

48 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q4 2016, worth a combined $84.6M — down 3.9% from $88.1M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of PCYO and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 14 added.

The largest buyer was Boston Partners, adding an estimated $944K. The largest seller was Skylands Capital, cutting an estimated $441K.

  • 48 institutional investors held Pure Cycle (PCYO) as of Q4 2016, down from 50 in Q3 2016.
  • Funds reported $84.6M of Pure Cycle stock for Q4 2016, down 3.9% quarter-over-quarter.
  • 3 funds opened new Pure Cycle positions in Q4 2016 and 4 closed out, a net change of -1 holder.
  • The largest Pure Cycle buyer in Q4 2016 was Boston Partners, an estimated $944K added.
  • The largest Pure Cycle seller in Q4 2016 was Skylands Capital, an estimated $441K sold.

Based on aggregated 13F filings for Q4 2016.