Pure Cycle Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 62.84% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.2%	Plaisance Capital LLC	2,688,778	US$35.7m	0%	100.0%
8.65%	The Magnolia Group, LLC	2,083,408	US$27.6m	0.55%	4.44%
5.46%	BlackRock, Inc.	1,315,529	US$17.4m	0%	no data
4.42%	The Vanguard Group, Inc.	1,064,485	US$14.1m	2.58%	no data
3.14%	Sapient Capital, LLC	755,718	US$10.0m	-4.24%	0.19%
3.12%	Mark Harding	750,089	US$9.9m	0%	no data
2.41%	ArrowMark Colorado Holdings, LLC	580,395	US$7.7m	-0.98%	0.09%
2.22%	Kennedy Capital Management LLC	535,127	US$7.1m	-1.29%	0.15%
2.22%	Heartland Advisors, Inc.	533,769	US$7.1m	6.75%	0.34%
2.21%	Coeli Asset Management Ab	532,209	US$7.1m	0%	5.61%
2.12%	Geode Capital Management, LLC	510,549	US$6.8m	10.7%	no data
2.03%	Loomis Sayles & Company, L.P.	488,090	US$6.5m	-3.64%	0.01%
1.91%	Dimensional Fund Advisors LP	460,408	US$6.1m	-0.42%	no data
1.71%	State Street Global Advisors, Inc.	412,332	US$5.5m	2.52%	no data
1.64%	Coeli AB	394,165	US$5.2m	0%	0.28%
1.52%	Bard Associates Inc.	364,995	US$4.8m	-1.37%	1.59%
1.37%	EPIQ Partners, LLC	328,815	US$4.4m	-11.6%	2.32%
1.14%	Curi RMB Capital, LLC	275,400	US$3.7m	-0.34%	0.07%
0.91%	MYDA Advisors LLC	220,000	US$2.9m	-3.13%	0.74%
0.74%	Northern Trust Global Investments	178,276	US$2.4m	1.09%	no data
0.68%	William Blair Investment Management, LLC	164,837	US$2.2m	0%	no data
0.54%	Boston Partners Global Investors, Inc.	128,826	US$1.7m	-8.11%	no data
0.52%	Morgan Stanley, Investment Banking and Brokerage Investments	126,111	US$1.7m	45%	no data
0.49%	Renta 4 Gestora S.G.I.I.C., SA	118,499	US$1.6m	0%	0.11%
0.49%	Tealwood Asset Management Inc	117,600	US$1.6m	0%	0.67%