Primoris Services
PRIM
128 hedge funds and large institutions have $846M invested in Primoris Services in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 40 increasing their positions, 51 reducing their positions, and 17 closing their positions.
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
1% less capital invested
Capital invested by funds: $854M → $846M (-$8M)
2% less funds holding
Funds holding: 130 → 128 (-2)
1.76% less ownership
Funds ownership: 72.38% → 70.61% (-1.8%)
22% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 51
88% less call options, than puts
Call options by funds: $1K | Put options by funds: $8K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$57.5M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$21.1M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$16.7M |
| 4 |
Millennium Management
New York
|
+$8.48M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$21.2M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$16.5M |
| 3 |
1C
1060 Capital
Denver,
Colorado
|
-$7.55M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.44M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$6.09M |
PRIM Hedge Fund Activity: Q1 2017 in Review
128 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2017, worth a combined $846M — down 0.94% from $854M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PRIM positions and 17 closed out — a net gain of 5 holders — while 40 added to existing stakes and 51 trimmed.
The largest buyer was BlackRock, adding an estimated $57.5M. The largest seller was Glenmede Trust, cutting an estimated $21.2M.
- 128 institutional investors held Primoris Services (PRIM) as of Q1 2017, down from 130 in Q4 2016.
- Funds reported $846M of Primoris Services stock for Q1 2017, down 0.94% quarter-over-quarter.
- 22 funds opened new Primoris Services positions in Q1 2017 and 17 closed out, a net change of +5 holders.
- The largest Primoris Services buyer in Q1 2017 was BlackRock, an estimated $57.5M added.
- The largest Primoris Services seller in Q1 2017 was Glenmede Trust, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2017.