Primoris Services
PRIM
221 hedge funds and large institutions have $1.6B invested in Primoris Services in 2021 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 59 increasing their positions, 74 reducing their positions, and 14 closing their positions.
379% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 14
31% more capital invested
Capital invested by funds: $1.22B → $1.6B (+$380M)
31% more funds holding
Funds holding: 169 → 221 (+52)
1.85% less ownership
Funds ownership: 91.57% → 89.72% (-1.9%)
20% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 74
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
60% less call options, than puts
Call options by funds: $1.16M | Put options by funds: $2.89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$29.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$23M |
| 4 |
ClearBridge Investments
New York
|
+$17.2M |
| 5 |
JP Morgan Chase
New York
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$38.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.1M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$11.5M |
| 4 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$5.93M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$5.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
226
Quadrature Capital
London,
United Kingdom
| – | -$399K | -14,440 | Closed |
|
|
WHG
227
Westwood Holdings Group
Dallas,
Texas
| – | -$221K | -8,000 | Closed |
|
228
Jane Street
New York
| – | -$207K | -7,480 | Closed |
|
|
SM
229
Sciencast Management
Princeton,
New Jersey
| – | -$233K | -7,395 | Closed |
|
230
HighTower Advisors
Chicago,
Illinois
| – | -$202K | -7,327 | Closed |
|
|
ICM
231
Islay Capital Management
Lubbock,
Texas
| – | -$5K | -180 | Closed |
|
|
CAAS
232
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$5K | -177 | Closed |
|
|
TIAM2
233
Tru Independence Asset Management 2
Portland,
Oregon
| – | -$4K | -150 | Closed |
|
|
TFS
234
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$1K | -54 | Closed |
|
PRIM Hedge Fund Activity: Q1 2021 in Review
221 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2021, worth a combined $1.6B — up 31% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new PRIM positions and 14 closed out — a net gain of 53 holders — while 59 added to existing stakes and 74 trimmed.
The largest buyer was BlackRock, adding an estimated $29.3M. The largest seller was AllianceBernstein, cutting an estimated $38.5M.
- 221 institutional investors held Primoris Services (PRIM) as of Q1 2021, up from 169 in Q4 2020.
- Funds reported $1.6B of Primoris Services stock for Q1 2021, up 31% quarter-over-quarter.
- 67 funds opened new Primoris Services positions in Q1 2021 and 14 closed out, a net change of +53 holders.
- The largest Primoris Services buyer in Q1 2021 was BlackRock, an estimated $29.3M added.
- The largest Primoris Services seller in Q1 2021 was AllianceBernstein, an estimated $38.5M sold.
Based on aggregated 13F filings for Q1 2021.