Primoris Services
PRIM
111 hedge funds and large institutions have $708M invested in Primoris Services in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 50 increasing their positions, 40 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
25% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 40
3% more capital invested
Capital invested by funds: $689M → $708M (+$18.5M)
8% less funds holding
Funds holding: 120 → 111 (-9)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$55M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$27.8M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$24.7M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$10.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.6M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$12.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$8.18M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.87M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$4.36M |
PRIM Hedge Fund Activity: Q3 2015 in Review
111 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2015, worth a combined $708M — up 2.7% from $689M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of PRIM and 7 opened new positions — a net loss of 7 holders — while 40 trimmed existing stakes and 50 added.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $55M. The largest seller was Royal Bank of Canada, cutting an estimated $17.6M.
- 111 institutional investors held Primoris Services (PRIM) as of Q3 2015, down from 120 in Q2 2015.
- Funds reported $708M of Primoris Services stock for Q3 2015, up 2.7% quarter-over-quarter.
- 7 funds opened new Primoris Services positions in Q3 2015 and 14 closed out, a net change of -7 holders.
- The largest Primoris Services buyer in Q3 2015 was Barrow, Hanley, Mewhinney & Strauss, an estimated $55M added.
- The largest Primoris Services seller in Q3 2015 was Royal Bank of Canada, an estimated $17.6M sold.
Based on aggregated 13F filings for Q3 2015.