We are live on ! Find out more
PRIM icon

Primoris Services
PRIM

122 hedge funds and large institutions have $805M invested in Primoris Services in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 39

5% more capital invested

Capital invested by funds: $769M → $805M (+$36.5M)

2% less funds holding

Funds holding: 125 → 122 (-3)

15% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 20

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $412K

Holders
122
Holders Change
-3
Holders Change %
-2.4%
% of All Funds
3.26%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
17
Increased
47
Reduced
39
Closed
20
Calls
–
Puts
$412K
Net Calls
-$412K
Net Calls Change
-$9.74M

Top Buyers

1
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
+$27.8M
2
EA
Emerald Acquisition
Washington
+$8.19M
3
CCPM
Cooper Creek Partners Management
New York
+$8.12M
4
VBA
Van Berkom & Associates
Quebec, Canada
+$5.74M
5
SCM
SG Capital Management
Illinois
+$4.87M

Top Sellers

1
Macquarie Group
Macquarie Group
Australia
-$35.4M
2
Victory Capital Management
Victory Capital Management
Texas
-$28.3M
3
PM
Pembroke Management
Quebec, Canada
-$18.2M
4
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
-$4.44M
5
Boston Partners
Boston Partners
Massachusetts
-$4.11M
Name Holding Trade Value Shares
Change 		Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$1.33M -$47.2K -2,500 -4%
RFC
52
Regions Financial Corp
Alabama
$1.24M -$2.34K -124 -0.2%
AllianceBernstein
53
AllianceBernstein
Tennessee
$1.06M -$17.9K -950 -2%
PPA
54
Parametric Portfolio Associates
Washington
$1.04M -$1.44M -76,565 -60%
ACA
55
Anchor Capital Advisors
Massachusetts
$1M +$16.6K +880 +2%
RJA
56
Raymond James & Associates
Florida
$953K -$7.64K -405 -0.9%
New York State Common Retirement Fund
57
New York State Common Retirement Fund
New York
$900K – – –
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$844K +$17.5K +925 +2%
EIM
59
Essex Investment Management
Massachusetts
$813K -$42.9K -2,273 -5%
US Bancorp
60
US Bancorp
Minnesota
$740K -$50K -2,648 -7%
BF
61
BOK Financial
Oklahoma
$709K +$641K +33,974 +7,617%
NFA
62
Nationwide Fund Advisors
Ohio
$678K +$64.8K +3,433 +12%
Susquehanna International Group
63
Susquehanna International Group
Pennsylvania
$666K +$90.9K +4,818 +18%
Goldman Sachs
64
Goldman Sachs
New York
$589K -$192K -10,150 -26%
Manulife (Manufacturers Life Insurance)
65
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$572K +$736 +39 +0.1%
MLICM
66
Metropolitan Life Insurance Company (MetLife)
New York
$561K – – –
AR
67
Advisory Research
Illinois
$549K +$502K +26,627 New
Parallax Volatility Advisers
68
Parallax Volatility Advisers
California
$532K +$487K +25,804 New
AIG
69
American International Group
New York
$478K +$660 +35 +0.2%
BA
70
BlackRock Advisors
Delaware
$420K +$28.4K +1,503 +8%
AQR Capital Management
71
AQR Capital Management
Connecticut
$413K +$136K +7,209 +56%
LSCM
72
LaSalle Street Capital Management
Illinois
$408K – – –
CB
73
Commerce Bank
Missouri
$398K – – –
State Board of Administration of Florida Retirement System
74
State Board of Administration of Florida Retirement System
Florida
$391K – – –
UBS AM
75
UBS AM
Illinois
$360K +$60.4K +3,200 +22%
1 2
3
4 5

PRIM Hedge Fund Activity: Q3 2016 in Review

122 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2016, worth a combined $805M — up 4.7% from $769M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of PRIM and 17 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 47 added.

The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $27.8M. The largest seller was Macquarie Group, cutting an estimated $35.4M.

  • 122 institutional investors held Primoris Services (PRIM) as of Q3 2016, down from 125 in Q2 2016.
  • Funds reported $805M of Primoris Services stock for Q3 2016, up 4.7% quarter-over-quarter.
  • 17 funds opened new Primoris Services positions in Q3 2016 and 20 closed out, a net change of -3 holders.
  • The largest Primoris Services buyer in Q3 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $27.8M added.
  • The largest Primoris Services seller in Q3 2016 was Macquarie Group, an estimated $35.4M sold.

Based on aggregated 13F filings for Q3 2016.