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Primoris Services

127 hedge funds and large institutions have $657M invested in Primoris Services in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 50 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

4.95% more ownership

Funds ownership: 80.84%85.79% (+4.9%)

9% less funds holding

Funds holding: 139127 (-12)

12% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 50

28% less capital invested

Capital invested by funds: $916M → $657M (-$259M)

36% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 25

Holders
127
Holders Change
-12
Holders Change %
-8.63%
% of All Funds
2.8%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
16
Increased
44
Reduced
50
Closed
25
Calls
$4K
Puts
Net Calls
+$4K
Net Calls Change
-$7K
Name Holding Trade Value Shares
Change
Change in
Stake
EAM
26
Eagle Asset Management
Florida
$5.88M +$1.11M +56,746 +18%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$4.55M -$138K -7,089 -2%
N
28
Nuveen
North Carolina
$4.11M -$85.3K -4,379 -2%
Jacobs Levy Equity Management
29
Jacobs Levy Equity Management
New Jersey
$4.04M -$348K -17,877 -7%
Hotchkis & Wiley Capital Management
30
Hotchkis & Wiley Capital Management
California
$3.78M -$89.6K -4,600 -2%
HA
31
Homestead Advisers
Virginia
$3.68M -$2.54M -130,407 -36%
MAM
32
Martingale Asset Management
Massachusetts
$3.67M +$2.91M +149,510 +184%
Victory Capital Management
33
Victory Capital Management
Texas
$3.49M +$2.06M +105,730 +93%
HCM
34
Hodges Capital Management
Texas
$3.47M +$215K +11,022 +5%
Wells Fargo
35
Wells Fargo
California
$3.22M -$162K -8,305 -4%
Bank of America
36
Bank of America
North Carolina
$2.89M -$248K -12,745 -7%
JP Morgan Chase
37
JP Morgan Chase
New York
$2.76M +$3.1M +159,156 +1,106%
Citadel Advisors
38
Citadel Advisors
Florida
$2.75M -$2.24M -115,095 -40%
QI
39
QS Investors
New York
$2.48M -$201K -10,295 -6%
First Trust Advisors
40
First Trust Advisors
Illinois
$2.42M -$804K -41,275 -21%
Bessemer Group
41
Bessemer Group
New Jersey
$1.63M +$1.24M +63,900 +165%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$1.6M +$31.2K +1,600 +2%
Goldman Sachs
43
Goldman Sachs
New York
$1.55M -$1.42M -72,835 -43%
Swiss National Bank
44
Swiss National Bank
Switzerland
$1.34M +$21.4K +1,100 +1%
AQR Capital Management
45
AQR Capital Management
Connecticut
$1.3M +$36.8K +1,890 +2%
ZCM
46
Ziegler Capital Management
Illinois
$1.24M +$1.52M +78,142 New
PPA
47
Parametric Portfolio Associates
Washington
$1.13M +$375K +19,269 +37%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$1.06M -$14.7K -755 -1%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$1.05M +$59.9K +3,076 +5%
AG
50
Algert Global
California
$865K -$659K -33,809 -38%

PRIM Hedge Fund Activity: Q1 2020 in Review

127 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2020, worth a combined $657M — down 28% from $916M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of PRIM and 16 opened new positions — a net loss of 9 holders — while 50 trimmed existing stakes and 44 added.

The largest buyer was Wellington Management Group, adding an estimated $16.3M. The largest seller was Pier Capital, exiting entirely with an estimated $8.53M sold.

  • 127 institutional investors held Primoris Services (PRIM) as of Q1 2020, down from 139 in Q4 2019.
  • Funds reported $657M of Primoris Services stock for Q1 2020, down 28% quarter-over-quarter.
  • 16 funds opened new Primoris Services positions in Q1 2020 and 25 closed out, a net change of -9 holders.
  • The largest Primoris Services buyer in Q1 2020 was Wellington Management Group, an estimated $16.3M added.
  • The largest Primoris Services seller in Q1 2020 was Pier Capital, an estimated $8.53M sold.

Based on aggregated 13F filings for Q1 2020.