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Primoris Services
PRIM

227 hedge funds and large institutions have $1.66B invested in Primoris Services in 2023 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 77 increasing their positions, 73 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

206% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 16

125% more call options, than puts

Call options by funds: $126K | Put options by funds: $56K

16% more funds holding

Funds holding: 195 → 227 (+32)

2.8% more ownership

Funds ownership: 90.79% → 93.59% (+2.8%)

5% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 73

5% more capital invested

Capital invested by funds: $1.58B → $1.66B (+$74.1M)

17% less funds holding in top 10

Funds holding in top 10: 6 → 5 (-1)

Holders
227
Holders Change
+32
Holders Change %
+16.41%
% of All Funds
3.31%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
49
Increased
77
Reduced
73
Closed
16
Calls
$126K
Puts
$56K
Net Calls
+$70K
Net Calls Change
-$153K

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$34.5M
2
Millennium Management
Millennium Management
New York
+$29.2M
3
BlackRock
BlackRock
New York
+$17.2M
4
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
+$10.5M
5
Goldman Sachs
Goldman Sachs
New York
+$9M

Top Sellers

1
Wellington Management Group
Wellington Management Group
Massachusetts
-$30.1M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$18.3M
3
Franklin Resources
Franklin Resources
California
-$14.6M
4
GKIM
GW&K Investment Management
Massachusetts
-$9.86M
5
DCM
Driehaus Capital Management
Illinois
-$8.98M
Name Holding Trade Value Shares
Change 		Change in
Stake
HNB
226
Huntington National Bank
Ohio
$33 – – –
RIL
227
Rothschild Investment LLC
Illinois
$33 +$31 +1 New
ECM
228
ExodusPoint Capital Management
New York
– -$4.27M -130,432 Closed
EI
229
EAM Investors
California
– -$2.71M -82,700 Closed
EGI
230
EAM Global Investors
California
– -$2.71M -82,664 Closed
Prudential Financial
231
Prudential Financial
New Jersey
– -$1.35M -41,223 Closed
SFI
232
Susquehanna Fundamental Investments
Pennsylvania
– -$385K -11,760 Closed
PI
233
PineBridge Investments
New York
– -$365K -11,159 Closed
CCM
234
Cox Capital Management
Massachusetts
– -$297K -9,075 Closed
SG Americas Securities
235
SG Americas Securities
New York
– -$288K -8,792 Closed
Tudor Investment Corp
236
Tudor Investment Corp
Connecticut
– -$240K -7,346 Closed
Connor, Clark & Lunn Investment Management (CC&L)
237
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
– -$230K -7,023 Closed
Group One Trading
238
Group One Trading
Illinois
– -$44.3K -1,354 Closed
ETC
239
Exchange Traded Concepts
Oklahoma
– -$41.1K -1,255 Closed
UFF
240
USA Financial Formulas
Michigan
– -$5.73K -175 Closed
TFGT
241
TS Financial Group (TSFG)
Illinois
– -$4K -122 Closed
PA
242
Parallel Advisors
California
– -$1.63K -49 Closed
HGERS
243
Householder Group Estate & Retirement Specialist
Arizona
– -$65 -2 Closed
6 7 8 9
10

PRIM Hedge Fund Activity: Q4 2023 in Review

227 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2023, worth a combined $1.66B — up 4.7% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new PRIM positions and 16 closed out — a net gain of 33 holders — while 77 added to existing stakes and 73 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $34.5M. The largest seller was Wellington Management Group, cutting an estimated $30.1M.

  • 227 institutional investors held Primoris Services (PRIM) as of Q4 2023, up from 195 in Q3 2023.
  • Funds reported $1.66B of Primoris Services stock for Q4 2023, up 4.7% quarter-over-quarter.
  • 49 funds opened new Primoris Services positions in Q4 2023 and 16 closed out, a net change of +33 holders.
  • The largest Primoris Services buyer in Q4 2023 was Morgan Stanley, an estimated $34.5M added.
  • The largest Primoris Services seller in Q4 2023 was Wellington Management Group, an estimated $30.1M sold.

Based on aggregated 13F filings for Q4 2023.