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Primoris Services

130 hedge funds and large institutions have $854M invested in Primoris Services in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 52 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

72.38% more ownership

Funds ownership: 0%72.38% (+72%)

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

7% more funds holding

Funds holding: 122130 (+8)

6% more capital invested

Capital invested by funds: $805M → $854M (+$48.5M)

33% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 52

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1.14M

Holders
130
Holders Change
+8
Holders Change %
+6.56%
% of All Funds
3.25%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
24
Increased
35
Reduced
52
Closed
14
Calls
Puts
$1.14M
Net Calls
-$1.14M
Net Calls Change
-$727K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
26
Two Sigma Investments
New York
$7.27M +$1.97M +89,494 +39%
CIBC World Market
27
CIBC World Market
Ontario, Canada
$7.12M -$110K -5,000 -2%
NCGI
28
Next Century Growth Investors
Minnesota
$6.73M +$6.5M +295,571 New
PC
29
Pier Capital
Connecticut
$5.56M +$5.37M +244,160 New
Bank of New York Mellon
30
Bank of New York Mellon
New York
$5.53M +$526K +23,918 +11%
Charles Schwab
31
Charles Schwab
California
$5.45M +$582K +26,485 +12%
First Trust Advisors
32
First Trust Advisors
Illinois
$5.45M +$3.06M +139,263 +139%
Bank of America
33
Bank of America
North Carolina
$5.36M -$333K -15,143 -6%
CCPM
34
Cooper Creek Partners Management
New York
$5.13M -$4.52M -205,369 -48%
Ameriprise
35
Ameriprise
Minnesota
$4.94M -$2.29M -104,019 -32%
DCM
36
Divisar Capital Management
California
$4.06M +$3.92M +178,188 New
FCM
37
Frontier Capital Management
Massachusetts
$3.75M -$29.4M -1,336,437 -89%
Two Sigma Advisers
38
Two Sigma Advisers
New York
$3.54M +$765K +34,781 +29%
BIM
39
BlackRock Investment Management
Delaware
$3.4M -$19.4K -883 -0.6%
Renaissance Technologies
40
Renaissance Technologies
New York
$3.14M -$244K -11,100 -7%
Comerica Bank
41
Comerica Bank
Texas
$3M -$713K -32,415 -20%
Wells Fargo
42
Wells Fargo
California
$2.87M +$294K +13,353 +12%
Morgan Stanley
43
Morgan Stanley
New York
$2.72M +$2.44M +110,776 +1,306%
TCIM
44
TIAA CREF Investment Management
New York
$2.58M -$227K -10,343 -8%
Norges Bank
45
Norges Bank
Norway
$2.57M
Susquehanna International Group
46
Susquehanna International Group
Pennsylvania
$2.22M +$1.43M +64,969 +201%
KAM
47
Keeley Asset Management
Illinois
$2.08M -$99K -4,500 -5%
PM
48
Precept Management
Texas
$2M +$1.94M +88,000 New
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$1.89M -$48.4K -2,200 -3%
Goldman Sachs
50
Goldman Sachs
New York
$1.88M +$1.19M +54,039 +189%

PRIM Hedge Fund Activity: Q4 2016 in Review

130 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2016, worth a combined $854M — up 6% from $805M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new PRIM positions and 14 closed out — a net gain of 10 holders — while 35 added to existing stakes and 52 trimmed.

The largest buyer was Eagle Asset Management, adding an estimated $10M. The largest seller was Frontier Capital Management, cutting an estimated $29.4M.

  • 130 institutional investors held Primoris Services (PRIM) as of Q4 2016, up from 122 in Q3 2016.
  • Funds reported $854M of Primoris Services stock for Q4 2016, up 6% quarter-over-quarter.
  • 24 funds opened new Primoris Services positions in Q4 2016 and 14 closed out, a net change of +10 holders.
  • The largest Primoris Services buyer in Q4 2016 was Eagle Asset Management, an estimated $10M added.
  • The largest Primoris Services seller in Q4 2016 was Frontier Capital Management, an estimated $29.4M sold.

Based on aggregated 13F filings for Q4 2016.