Pure Cycle
PCYO
116 hedge funds and large institutions have $130M invested in Pure Cycle in 2026 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 40 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
5% more funds holding
Funds holding: 111 → 116 (+5)
0.16% less ownership
Funds ownership: 53.65% → 53.5% (-0.16%)
9% less capital invested
Capital invested by funds: $142M → $130M (-$12.4M)
15% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 40
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$889K |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
+$626K |
| 3 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$607K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$424K |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$1.07M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$844K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$513K |
| 4 |
SL
Sentinus LLC
Oak Brook,
Illinois
|
-$478K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$408K |
PCYO Hedge Fund Activity: Q1 2026 in Review
116 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Pure Cycle (PCYO) for Q1 2026, worth a combined $130M — down 8.7% from $142M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PCYO positions and 6 closed out — a net gain of 8 holders — while 34 added to existing stakes and 40 trimmed.
The largest buyer was North Star Investment Management, opening a new position worth an estimated $889K. The largest seller was Magnolia Group, cutting an estimated $1.07M.
- 116 institutional investors held Pure Cycle (PCYO) as of Q1 2026, up from 111 in Q4 2025.
- Funds reported $130M of Pure Cycle stock for Q1 2026, down 8.7% quarter-over-quarter.
- 14 funds opened new Pure Cycle positions in Q1 2026 and 6 closed out, a net change of +8 holders.
- The largest Pure Cycle buyer in Q1 2026 was North Star Investment Management, an estimated $889K added.
- The largest Pure Cycle seller in Q1 2026 was Magnolia Group, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2026.