Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pure Cycle Corp (PCYO)

113 + Investors. Track Smart Money conviction in PCYO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
2Q ▲
Buyers last Q
50%

Smart Money Signals — PCYO

Based on 114 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added PCYO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
114 hedge funds hold PCYO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +18% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+18% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

48 buying48 selling
Last quarter: 48 funds bought or added vs 48 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~16 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 4 → 15 → 16. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 18% medium ■ 21% new
69 out of 114 hedge funds have held PCYO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

6 → 17 → 4 → 15 → 16 new funds/Q
New funds entering each quarter: 17 → 4 → 15 → 16. A growing number of institutions are discovering PCYO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 26% newcomers

■ 65% veterans ■ 9% 1-2yr ■ 26% new
Entry-cohort mix of 114 holders: 74 (65%) are 2+ year veterans, 10 entered 1–2 years ago, and 30 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
27 of 114 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PCYO

In 2026 Q1, 48 hedge funds were net buyers of PCYO (16 opened a new position, 32 added to an existing one), while 48 reduced or exited (39 trimmed, 9 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 114.

Hedge Fund Ownership: PCYO

How many hedge funds hold PCYO — quarterly history vs. share price
Quarterly hedge fund ownership of PCYO vs. share price

Market Analysis: PCYO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PCYO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Pure Cycle Corp (PCYO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PCYO has moved relative to its sector benchmark (XLU) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 81d ago
PCYO
+10.0%
XLU
-2.5%

PCYO outperformed XLU by +12.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
PCYO
+5.8%
XLU
+2.0%

Since the filing became public, PCYO outperformed XLU by +3.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 1 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: PCYO
113 + Investors

Track Smart Money conviction in PCYO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 113 107 5.61%
13F Shares 13M 12M 3.47%
Total Value $129M $136M -5.45%
New Positions 15 15 -
Increased Positions 32 32 -
Closed Positions 9 6 +3
Reduced Positions 39 32 +7
Total Calls 0 1 -100.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PCYO

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Institutional Holders (2026 Q1)

113 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PCYO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PCYO holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gem Investment Advisors, LLC 4.45% 449,829 $4.5M
2 Magnolia Group, LLC 3.58% 1,914,559 $19.3M
3 Epiq Partners, LLC 1.21% 257,517 $2.6M
4 First Wilshire Securities Management Inc 0.97% 426,687 $4.3M
5 Bard Associates Inc 0.79% 313,815 $3.2M
6 MYDA Advisors LLC 0.59% 357,742 $3.6M
7 Potomac Capital Management, Inc. 0.43% 48,756 $490K
8 Heartland Advisors Inc 0.32% 627,264 $6.3M
9 ArrowMark Colorado Holdings LLC 0.15% 550,707 $5.5M
10 Kennedy Capital Management LLC 0.11% 525,055 $5.3M
11 Sapient Capital LLC 0.10% 688,359 $6.9M
12 EdgeRock Capital LLC 0.09% 31,333 $315K
13 Wealth Effects LLC 0.07% 21,000 $211K
14 Curi Capital, LLC 0.05% 304,545 $3.1M
15 North Star Investment Management Corp. 0.05% 82,000 $825K
16 John G Ullman & Associates Inc 0.04% 26,300 $265K
17 Kelleher Financial Advisors 0.03% 10,000 $107K
18 Linden Thomas Advisory Services, LLC 0.03% 26,335 $265K
19 Jackson Hole Capital Partners, LLC 0.02% 13,703 $138K
20 Cannell & Spears LLC 0.02% 114,000 $1.1M
21 Clear Harbor Asset Management, LLC 0.02% 29,536 $297K
22 Ashton Thomas Private Wealth, LLC 0.02% 70,350 $708K
23 Leo Wealth, LLC 0.02% 22,300 $224K
24 Avanza Fonder AB 0.01% 33,571 $338K
25 Beacon Investment Advisory Services, INC. 0.01% 14,166 $143K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pure Cycle Corp (PCYO)

What does the Smart Money Trend signal show for PCYO?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added PCYO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PCYO?

Slight buying edge — 50% buying: Last quarter: 48 funds bought or added vs 48 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PCYO holders?

Smaller funds dominant — 18% AUM from top-100: 27 of 114 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PCYO?

61% of holders stayed for 2+ years: 69 out of 114 hedge funds have held PCYO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Pure Cycle Corp (PCYO) following the 2026 Q1 hedge fund 13F filings?

As of today, PCYO has moved +5.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the XLU sector ETF — an outperformance of +3.8%. Since the quarter end (March 31, 2026), PCYO has gained +10.0% vs -2.5% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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