Primerica
273 hedge funds and large institutions have $3.32B invested in Primerica in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 80 increasing their positions, 109 reducing their positions, and 22 closing their positions.
150% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 22
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
17% more capital invested
Capital invested by funds: $2.83B → $3.32B (+$491M)
12% more funds holding
Funds holding: 244 → 273 (+29)
10.81% less ownership
Funds ownership: 115.72% → 104.9% (-11%)
27% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 109
46% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $18.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$16M |
| 3 |
Renaissance Technologies
New York
|
+$13.9M |
| 4 |
Morgan Stanley
New York
|
+$13.7M |
| 5 |
O
OppenheimerFunds
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Brave Warrior Advisors
New York
|
-$71.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$69.6M |
| 3 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$64.1M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$48.1M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$45M |
PRI Hedge Fund Activity: Q4 2016 in Review
273 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Primerica (PRI) for Q4 2016, worth a combined $3.32B — up 17% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new PRI positions and 22 closed out — a net gain of 33 holders — while 80 added to existing stakes and 109 trimmed.
The largest buyer was Vanguard Group, adding an estimated $20.7M. The largest seller was Brave Warrior Advisors, cutting an estimated $71.3M.
- 273 institutional investors held Primerica (PRI) as of Q4 2016, up from 244 in Q3 2016.
- Funds reported $3.32B of Primerica stock for Q4 2016, up 17% quarter-over-quarter.
- 55 funds opened new Primerica positions in Q4 2016 and 22 closed out, a net change of +33 holders.
- The largest Primerica buyer in Q4 2016 was Vanguard Group, an estimated $20.7M added.
- The largest Primerica seller in Q4 2016 was Brave Warrior Advisors, an estimated $71.3M sold.
Based on aggregated 13F filings for Q4 2016.