Primerica
335 hedge funds and large institutions have $4B invested in Primerica in 2020 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 101 increasing their positions, 118 reducing their positions, and 24 closing their positions.
1,179% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $1.11M
158% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 24
12% more funds holding
Funds holding: 300 → 335 (+35)
1.48% more ownership
Funds ownership: 88.01% → 89.49% (+1.5%)
5% less capital invested
Capital invested by funds: $4.18B → $4B (-$189M)
14% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 118
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$22.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.7M |
| 3 |
BWA
Brave Warrior Advisors
New York
|
+$14.1M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$14M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$83.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$41M |
| 3 |
BlackRock
New York
|
-$26.6M |
| 4 |
State Street
Boston,
Massachusetts
|
-$12.2M |
| 5 |
Bank of New York Mellon
New York
|
-$6.09M |
PRI Hedge Fund Activity: Q3 2020 in Review
335 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Primerica (PRI) for Q3 2020, worth a combined $4B — down 4.5% from $4.18B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new PRI positions and 24 closed out — a net gain of 38 holders — while 101 added to existing stakes and 118 trimmed.
The largest buyer was Fiduciary Management Inc, opening a new position worth an estimated $22.5M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $83.5M.
- 335 institutional investors held Primerica (PRI) as of Q3 2020, up from 300 in Q2 2020.
- Funds reported $4B of Primerica stock for Q3 2020, down 4.5% quarter-over-quarter.
- 62 funds opened new Primerica positions in Q3 2020 and 24 closed out, a net change of +38 holders.
- The largest Primerica buyer in Q3 2020 was Fiduciary Management Inc, an estimated $22.5M added.
- The largest Primerica seller in Q3 2020 was Kayne Anderson Rudnick Investment Management, an estimated $83.5M sold.
Based on aggregated 13F filings for Q3 2020.