Pure Cycle
PCYO
67 hedge funds and large institutions have $125M invested in Pure Cycle in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 3 closing their positions.
600% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 3
45% more capital invested
Capital invested by funds: $86M → $125M (+$39.1M)
34% more funds holding
Funds holding: 50 → 67 (+17)
2.63% more ownership
Funds ownership: 65.36% → 67.98% (+2.6%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
78% less call options, than puts
Call options by funds: $22K | Put options by funds: $101K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$5.75M |
| 2 |
BlackRock
New York
|
+$4.85M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.26M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$1.07M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.24M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$1.35M |
| 3 |
RA
Royce & Associates
New York
|
-$797K |
| 4 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$785K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$771K |
PCYO Hedge Fund Activity: Q2 2017 in Review
67 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q2 2017, worth a combined $125M — up 45% from $86M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PCYO positions and 3 closed out — a net gain of 18 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $5.75M. The largest seller was Kennedy Capital Management, cutting an estimated $2.24M.
- 67 institutional investors held Pure Cycle (PCYO) as of Q2 2017, up from 50 in Q1 2017.
- Funds reported $125M of Pure Cycle stock for Q2 2017, up 45% quarter-over-quarter.
- 21 funds opened new Pure Cycle positions in Q2 2017 and 3 closed out, a net change of +18 holders.
- The largest Pure Cycle buyer in Q2 2017 was Janus Henderson Group, an estimated $5.75M added.
- The largest Pure Cycle seller in Q2 2017 was Kennedy Capital Management, an estimated $2.24M sold.
Based on aggregated 13F filings for Q2 2017.