Primerica
225 hedge funds and large institutions have $3.01B invested in Primerica in 2016 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 69 increasing their positions, 99 reducing their positions, and 19 closing their positions.
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
26% more capital invested
Capital invested by funds: $2.38B → $3.01B (+$627M)
6% more funds holding
Funds holding: 212 → 225 (+13)
0.5% more ownership
Funds ownership: 111.19% → 111.68% (+0.5%)
2% less call options, than puts
Call options by funds: $1.44M | Put options by funds: $1.47M
30% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
+$57.7M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$46.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.3M |
| 4 |
BAPIM
British Airways Pensions Investment Management
London,
United Kingdom
|
+$14.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.1M |
| 2 |
Bank of New York Mellon
New York
|
-$48.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.2M |
| 4 |
Millennium Management
New York
|
-$12.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.04M |
PRI Hedge Fund Activity: Q2 2016 in Review
225 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Primerica (PRI) for Q2 2016, worth a combined $3.01B — up 26% from $2.38B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PRI positions and 19 closed out — a net gain of 15 holders — while 69 added to existing stakes and 99 trimmed.
The largest buyer was Cantillon Capital Management, opening a new position worth an estimated $57.7M. The largest seller was Fidelity Investments, cutting an estimated $53.1M.
- 225 institutional investors held Primerica (PRI) as of Q2 2016, up from 212 in Q1 2016.
- Funds reported $3.01B of Primerica stock for Q2 2016, up 26% quarter-over-quarter.
- 34 funds opened new Primerica positions in Q2 2016 and 19 closed out, a net change of +15 holders.
- The largest Primerica buyer in Q2 2016 was Cantillon Capital Management, an estimated $57.7M added.
- The largest Primerica seller in Q2 2016 was Fidelity Investments, an estimated $53.1M sold.
Based on aggregated 13F filings for Q2 2016.