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Primoris Services

120 hedge funds and large institutions have $689M invested in Primoris Services in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 43

19% more capital invested

Capital invested by funds: $578M → $689M (+$111M)

8% less funds holding

Funds holding: 130120 (-10)

43% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 23

Holders
120
Holders Change
-10
Holders Change %
-7.69%
% of All Funds
3.23%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
52
Reduced
43
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
USAA
26
United Services Automobile Association
Texas
$6.41M +$5.24M +274,470 +559%
VBA
27
Van Berkom & Associates
Quebec, Canada
$6.32M +$6.09M +318,940 New
Norges Bank
28
Norges Bank
Norway
$6.09M
VHMC
29
Value Holdings Management Company
New York
$6.05M +$476K +24,900 +9%
MAA
30
Managed Account Advisors
New Jersey
$6.04M -$51.8K -2,710 -0.9%
PCM
31
Palisade Capital Management
New Jersey
$6.01M +$540K +28,256 +10%
Barrow, Hanley, Mewhinney & Strauss
32
Barrow, Hanley, Mewhinney & Strauss
Texas
$5.93M +$5.72M +299,703 New
CIBC World Market
33
CIBC World Market
Ontario, Canada
$5.28M +$176K +9,200 +4%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$5.04M +$172K +9,031 +4%
Geode Capital Management
35
Geode Capital Management
Massachusetts
$5.02M +$311K +16,270 +7%
Schroder Investment Management Group
36
Schroder Investment Management Group
United Kingdom
$4.87M -$9.45M -494,700 -67%
HP
37
Harvey Partners
New York
$4.83M +$2.65M +139,000 +132%
GIM
38
Granahan Investment Management
Massachusetts
$4.78M -$2.72M -142,400 -37%
Stifel Financial
39
Stifel Financial
Missouri
$4.36M -$10.2M -536,049 -71%
ACM
40
Apex Capital Management
Ohio
$4.02M +$305K +15,969 +9%
EAM
41
Eagle Asset Management
Florida
$3.79M +$1.69M +88,424 +86%
Wells Fargo
42
Wells Fargo
California
$3.06M +$206K +10,790 +7%
AAP
43
Ardsley Advisory Partners
Connecticut
$2.89M +$1.74M +91,000 +165%
Fidelity Investments
44
Fidelity Investments
Massachusetts
$2.76M +$2.66M +139,400 New
TCIM
45
TIAA CREF Investment Management
New York
$2.68M +$114K +5,955 +5%
BIM
46
BlackRock Investment Management
Delaware
$2.67M +$569K +29,785 +28%
Charles Schwab
47
Charles Schwab
California
$2.61M +$365K +19,113 +17%
First Trust Advisors
48
First Trust Advisors
Illinois
$2.59M +$2.5M +130,953 New
SVP
49
Springbank Value Partners
New York
$2.4M +$95.5K +5,000 +4%
ETM
50
Euclidean Technologies Management
Washington
$2.25M +$2.17M +113,676 New

PRIM Hedge Fund Activity: Q2 2015 in Review

120 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2015, worth a combined $689M — up 19% from $578M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PRIM and 13 opened new positions — a net loss of 10 holders — while 43 trimmed existing stakes and 52 added.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $40.2M. The largest seller was Victory Capital Management, cutting an estimated $13.7M.

  • 120 institutional investors held Primoris Services (PRIM) as of Q2 2015, down from 130 in Q1 2015.
  • Funds reported $689M of Primoris Services stock for Q2 2015, up 19% quarter-over-quarter.
  • 13 funds opened new Primoris Services positions in Q2 2015 and 23 closed out, a net change of -10 holders.
  • The largest Primoris Services buyer in Q2 2015 was Wellington Management Group, an estimated $40.2M added.
  • The largest Primoris Services seller in Q2 2015 was Victory Capital Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q2 2015.