Pure Cycle Corporation: 5%+ holders

As of November 6, 2026, 2 holders' latest Schedule 13D or 13G filings report owning 5% or more of Pure Cycle Corporation. The largest reported stake is Maran Capital Management, LLC's, at 14.7%. 5 filings are on record since November 19, 2025 (Schedule 13D/A, August 6, 2026).

Magnolia Capital Fund, LP also filed stake reports on 5 other companies ↓

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Key facts

• Filing 2026-08-14 · Reporting person: Magnolia Capital Fund, LP · Sole voting: 1,795,421 · Shared voting: 0 · Sole dispositive: 1,795,421 · Shared dispositive: 0 · SCHEDULE 13G/A, 2026-08-14
• Filing 2026-08-06 · Reporting person: Maran Capital Management, LLC · Sole voting: 0 · Shared voting: 3,549,000 · Sole dispositive: 0 · Shared dispositive: 3,549,000 · SCHEDULE 13D/A, 2026-08-06
• Filed 2026-07-09 · Holder: Maran Capital Management, LLC · Percent: 14.7% · SCHEDULE 13D/A
• Filed 2026-01-16 · Holder: Maran Capital Management, LLC · Percent: 14.7% · SCHEDULE 13D/A
• Filed 2025-11-19 · Holder: Maran Capital Management, LLC · Percent: 14.7% · SCHEDULE 13D

Pure Cycle Corporation has 5 Schedule 13D or 13G filings on record since 2025-11-19. 2 holders' latest filing reports 5% or more of common stock 1/3 of $.01 par value. Each figure below is the holder's own, as filed, with the filing linked.

Holders

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More on Pure Cycle Corporation and the records around it.

Pure Cycle Corporation elsewhere on the record

• Leadership changes Aug 2026
• Who owns it

Companies that share a holder

• Magnolia Capital Fund, LP also filed stake reports on 5 other companies: Boston Omaha Corporation (Sep 2026), America's Car-Mart Inc. (Sep 2026), NELNET, INC. (Jun 2026)

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Voting and dispositive power, as filed

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The latest filing identifies Pure Cycle Corporation by CUSIP 746228303 and gives its principal executive office as 34501 E. QUINCY AVE, BLDG 1, SUITE D, WATKINS, CO 80137 (SCHEDULE 13G/A, 2026-08-14).

Purpose of Transaction (Item 4)

Maran Capital Management, LLC

Item 4 is hereby amended to add the following: On August 4, 2026, Maran Capital Management, LLC, Maran Partners Fund, LP, Maran Partners GP, LLC, Maran SPV1 LP, Maran SPV GP, LLC, Plaisance SPV I, LLC and Daniel J. Roller (collectively, "Maran") delivered a letter to the Issuer nominating Daniel J. Roller, Anya Civitella, R. Rimmy Malhotra, John D. McAnnar and Ian K. Patel (the "Nominees") for election to the Issuer's board of directors (the "Board") at the Issuer's 2027 annual meeting of shareholders (the "Annual Meeting"). As described in more detail in their biographies below, the Nominees have backgrounds and skillsets spanning capital allocation, mergers and acquisitions, corporate law and governance, building products and materials, operational improvement, energy, and finance. Daniel Roller Daniel J. Roller, age 45, is the Founder, President and Chief Investment Officer of Maran Capital Management, LLC, a Denver-based investment firm he founded in 2015. Maran Capital is focused on making concentrated, fundamentally driven, long-term oriented investments in publicly traded small capitalization companies. In addition to his 20+ years of investment research and management experience, Mr. Roller has advised numerous public and private companies on topics such as M&A, capital allocation, corporate governance, and strategy. Mr. Roller holds a B.S.E. in Electrical Engineering and Computer Science from Duke University. Mr. Roller has served as a director of Horizon …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-08-06; the filing has the rest

Timeline

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Questions about who owns Pure Cycle Corporation

Who owns Pure Cycle Corporation?

On this page, 2 holders' latest ownership filings report 5% or more of Pure Cycle Corporation: Maran Capital Management, LLC (14.7%, Schedule 13D/A, filed 2026-08-06) and Magnolia Capital Fund, LP (7.5%, Schedule 13G/A, filed 2026-08-14).

Who are the largest shareholders of Pure Cycle Corporation?

By the share each holder's latest filing reports, the largest holders of Pure Cycle Corporation on this page are Maran Capital Management, LLC (14.7%) and Magnolia Capital Fund, LP (7.5%).

When did Maran Capital Management, LLC buy into Pure Cycle Corporation?

The filings give report dates, not purchase dates. The earliest filing from Maran Capital Management, LLC on this page is the Schedule 13D, filed 2025-11-19, reporting 14.7%; its latest, Schedule 13D/A filed 2026-08-06, reports 14.7%.

Is this an audit or a full list?

Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 5 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.

Also on the record for Pure Cycle Corporation

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Where this comes from

Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.

Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.

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