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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
CIC
51
Cornercap Investment Counsel
Georgia
$837K +$50.8K +2,607 +5%
New York State Common Retirement Fund
52
New York State Common Retirement Fund
New York
$836K +$162K +8,300 +19%
Ameriprise
53
Ameriprise
Minnesota
$804K -$363K -18,643 -27%
SG Americas Securities
54
SG Americas Securities
New York
$800K +$151K +7,734 +18%
TI
55
Trexquant Investment
Connecticut
$652K +$799K +41,011 New
Envestnet Asset Management
56
Envestnet Asset Management
Illinois
$648K -$82.6K -4,239 -9%
CS
57
Credit Suisse
Switzerland
$608K -$131K -6,739 -15%
Two Sigma Advisers
58
Two Sigma Advisers
New York
$597K -$294K -15,100 -29%
D.E. Shaw & Co
59
D.E. Shaw & Co
New York
$578K +$501K +25,738 +242%
AAMU
60
Amundi Asset Management US
Massachusetts
$573K +$603K +30,954 +39%
UBS AM
61
UBS AM
Illinois
$570K -$20.7K -1,065 -3%
SO
62
STRS Ohio
Ohio
$558K
UCFA
63
United Capital Financial Advisors
Texas
$542K -$11K -566 -2%
T. Rowe Price Associates
64
T. Rowe Price Associates
Maryland
$521K +$4.73K +243 +0.7%
Prudential Financial
65
Prudential Financial
New Jersey
$499K -$138K -7,084 -18%
Legal & General Group
66
Legal & General Group
United Kingdom
$478K -$38.3K -1,967 -6%
Manulife (Manufacturers Life Insurance)
67
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$452K +$28.3K +1,452 +5%
HSBC Holdings
68
HSBC Holdings
United Kingdom
$447K -$18.6K -956 -3%
WG
69
Winton Group
United Kingdom
$441K -$294K -15,101 -35%
UBS Group
70
UBS Group
Switzerland
$438K -$521K -26,743 -49%
Susquehanna International Group
71
Susquehanna International Group
Pennsylvania
$434K -$29.1K -1,493 -5%
Barclays
72
Barclays
United Kingdom
$429K -$457K -23,466 -47%
AIG
73
American International Group
New York
$417K -$29.6K -1,517 -5%
PCMI
74
Paradigm Capital Management Inc
New York
$397K +$136K +7,000 +39%
Mercer Global Advisors
75
Mercer Global Advisors
Colorado
$394K +$483K +24,777 New

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.