Pure Cycle
PCYO
95 hedge funds and large institutions have $198M invested in Pure Cycle in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 31 reducing their positions, and 14 closing their positions.
100% more call options, than puts
Call options by funds: $500K | Put options by funds: $250K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% less capital invested
Capital invested by funds: $205M → $198M (-$7.08M)
6% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 31
3% less funds holding
Funds holding: 98 → 95 (-3)
3.99% less ownership
Funds ownership: 64.02% → 60.03% (-4%)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.21M |
| 2 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$4.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$1.67M |
| 4 |
MA
MYDA Advisors
Woodmere,
New York
|
+$1.44M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$8.75M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$4.56M |
| 3 |
RA
Royce & Associates
New York
|
-$4.23M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$2.36M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$1.13M |
PCYO Hedge Fund Activity: Q2 2021 in Review
95 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q2 2021, worth a combined $198M — down 3.4% from $205M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PCYO and 12 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 29 added.
The largest buyer was Vanguard Group, adding an estimated $4.21M. The largest seller was Kennedy Capital Management, cutting an estimated $8.75M.
- 95 institutional investors held Pure Cycle (PCYO) as of Q2 2021, down from 98 in Q1 2021.
- Funds reported $198M of Pure Cycle stock for Q2 2021, down 3.4% quarter-over-quarter.
- 12 funds opened new Pure Cycle positions in Q2 2021 and 14 closed out, a net change of -2 holders.
- The largest Pure Cycle buyer in Q2 2021 was Vanguard Group, an estimated $4.21M added.
- The largest Pure Cycle seller in Q2 2021 was Kennedy Capital Management, an estimated $8.75M sold.
Based on aggregated 13F filings for Q2 2021.