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Primoris Services

125 hedge funds and large institutions have $769M invested in Primoris Services in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 44 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 4

14% more funds holding

Funds holding: 110125 (+15)

0% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 44

17% less capital invested

Capital invested by funds: $926M → $769M (-$157M)

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
125
Holders Change
+15
Holders Change %
+13.64%
% of All Funds
3.34%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
20
Increased
44
Reduced
44
Closed
4
Calls
$9.33M
Puts
Net Calls
+$9.33M
Net Calls Change
+$3.25M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
51
First Trust Advisors
Illinois
$1.15M +$393K +18,210 +43%
RFC
52
Regions Financial Corp
Alabama
$1.14M -$109K -5,040 -8%
Comerica Bank
53
Comerica Bank
Texas
$1.1M -$130K -6,017 -8%
AllianceBernstein
54
AllianceBernstein
Tennessee
$995K
ARTA
55
A.R.T. Advisors
New York
$972K +$1.11M +51,390 New
ACA
56
Anchor Capital Advisors
Massachusetts
$907K +$7.47K +346 +0.7%
RJA
57
Raymond James & Associates
Florida
$883K -$30.4K -1,408 -3%
Capital Fund Management (CFM)
58
Capital Fund Management (CFM)
France
$854K +$974K +45,090 New
New York State Common Retirement Fund
59
New York State Common Retirement Fund
New York
$827K +$121K +5,600 +15%
EIM
60
Essex Investment Management
Massachusetts
$791K -$269K -12,444 -23%
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
$759K -$85.5K -3,956 -9%
Goldman Sachs
62
Goldman Sachs
New York
$733K -$267K -12,357 -24%
US Bancorp
63
US Bancorp
Minnesota
$730K -$65.9K -3,049 -7%
NFA
64
Nationwide Fund Advisors
Ohio
$558K +$30.3K +1,405 +5%
DTL
65
Dynamic Technology Lab
Singapore
$533K +$608K +28,146 New
Manulife (Manufacturers Life Insurance)
66
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$525K +$29.8K +1,378 +5%
Susquehanna International Group
67
Susquehanna International Group
Pennsylvania
$521K -$526K -24,336 -47%
MLICM
68
Metropolitan Life Insurance Company (MetLife)
New York
$515K
FDS
69
First Dallas Securities
Texas
$498K -$290K -13,447 -34%
AIG
70
American International Group
New York
$439K +$9.87K +457 +2%
Royal Bank of Canada
71
Royal Bank of Canada
Ontario, Canada
$437K +$451K +20,856 +918%
Tudor Investment Corp
72
Tudor Investment Corp
Connecticut
$430K +$490K +22,700 New
Marshall Wace
73
Marshall Wace
United Kingdom
$378K +$431K +19,972 New
NC
74
Northpointe Capital
Michigan
$375K -$2.68M -123,852 -86%
LSCM
75
LaSalle Street Capital Management
Illinois
$375K +$7.06K +327 +2%

PRIM Hedge Fund Activity: Q2 2016 in Review

125 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2016, worth a combined $769M — down 17% from $926M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new PRIM positions and 4 closed out — a net gain of 16 holders — while 44 added to existing stakes and 44 trimmed.

The largest buyer was Macquarie Group, adding an estimated $41.8M. The largest seller was Cortina Asset Management, exiting entirely with an estimated $8.39M sold.

  • 125 institutional investors held Primoris Services (PRIM) as of Q2 2016, up from 110 in Q1 2016.
  • Funds reported $769M of Primoris Services stock for Q2 2016, down 17% quarter-over-quarter.
  • 20 funds opened new Primoris Services positions in Q2 2016 and 4 closed out, a net change of +16 holders.
  • The largest Primoris Services buyer in Q2 2016 was Macquarie Group, an estimated $41.8M added.
  • The largest Primoris Services seller in Q2 2016 was Cortina Asset Management, an estimated $8.39M sold.

Based on aggregated 13F filings for Q2 2016.