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Primoris Services
PRIM

195 hedge funds and large institutions have $1.58B invested in Primoris Services in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 65 increasing their positions, 71 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 16

50% more funds holding in top 10

Funds holding in top 10: 4 → 6 (+2)

35% more call options, than puts

Call options by funds: $861K | Put options by funds: $638K

9% more funds holding

Funds holding: 179 → 195 (+16)

8% more capital invested

Capital invested by funds: $1.46B → $1.58B (+$120M)

0.48% more ownership

Funds ownership: 90.31% → 90.79% (+0.48%)

8% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 71

Holders
195
Holders Change
+16
Holders Change %
+8.94%
% of All Funds
3.09%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
33
Increased
65
Reduced
71
Closed
16
Calls
$861K
Puts
$638K
Net Calls
+$223K
Net Calls Change
-$133K

Top Buyers

1
Verition Fund Management
Verition Fund Management
Connecticut
+$11.5M
2
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
+$10.6M
3
OAM
Oberweis Asset Management
Illinois
+$5.84M
4
BlackRock
BlackRock
New York
+$5.76M
5
FP
Foundry Partners
Minnesota
+$5.19M

Top Sellers

1
Wellington Management Group
Wellington Management Group
Massachusetts
-$34.6M
2
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
-$7.04M
3
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
-$6.67M
4
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$6.31M
5
Vanguard Group
Vanguard Group
Pennsylvania
-$4.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
ECM
51
ExodusPoint Capital Management
New York
$4.27M +$4.26M +130,432 New
HA
52
Heartland Advisors
Wisconsin
$4.09M +$4.09M +125,000 New
ADBIC
53
A.D. Beadell Investment Counsel
Wisconsin
$4.05M -$94.8K -2,900 -2%
Swiss National Bank
54
Swiss National Bank
Switzerland
$3.83M +$36K +1,100 +0.9%
Hotchkis & Wiley Capital Management
55
Hotchkis & Wiley Capital Management
California
$3.62M -$214K -6,550 -6%
Wells Fargo
56
Wells Fargo
California
$3.43M -$1.07M -32,667 -24%
Walleye Capital
57
Walleye Capital
New York
$3.29M +$1.83M +56,060 +126%
ACM
58
Arosa Capital Management
Florida
$3.27M +$3.27M +100,000 New
1CM
59
1492 Capital Management
Wisconsin
$3.27M -$20.7K -632 -0.6%
RhumbLine Advisers
60
RhumbLine Advisers
Massachusetts
$3.07M -$267K -8,180 -8%
Qube Research & Technologies (QRT)
61
Qube Research & Technologies (QRT)
United Kingdom
$2.94M +$1.91M +58,452 +186%
HSA
62
Hussman Strategic Advisors
Maryland
$2.75M +$2.75M +84,000 New
D.E. Shaw & Co
63
D.E. Shaw & Co
New York
$2.73M -$1.47M -45,062 -35%
EI
64
EAM Investors
California
$2.71M -$327K -9,989 -11%
EGI
65
EAM Global Investors
California
$2.71M +$2.7M +82,664 New
CS
66
Credit Suisse
Switzerland
$2.58M -$72.4K -2,214 -3%
Mercer Global Advisors
67
Mercer Global Advisors
Colorado
$2.5M +$335K +10,256 +16%
New York State Common Retirement Fund
68
New York State Common Retirement Fund
New York
$2.48M -$3.83K -117 -0.2%
AAM
69
Advisors Asset Management
Colorado
$2.37M +$58.7K +1,796 +3%
T. Rowe Price Associates
70
T. Rowe Price Associates
Maryland
$2.24M +$64.2K +1,963 +3%
Two Sigma Advisers
71
Two Sigma Advisers
New York
$2.24M -$1.98M -60,500 -47%
Balyasny Asset Management
72
Balyasny Asset Management
Illinois
$2.21M +$671K +20,521 +44%
Macquarie Group
73
Macquarie Group
Australia
$2.17M – – –
QCM
74
QRG Capital Management
Illinois
$2.09M +$2.09M +63,784 New
HFS
75
Hantz Financial Services
Michigan
$2.08M +$118K +3,599 +6%
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3
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PRIM Hedge Fund Activity: Q3 2023 in Review

195 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2023, worth a combined $1.58B — up 8.2% from $1.46B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new PRIM positions and 16 closed out — a net gain of 17 holders — while 65 added to existing stakes and 71 trimmed.

The largest buyer was Verition Fund Management, opening a new position worth an estimated $11.5M. The largest seller was Wellington Management Group, cutting an estimated $34.6M.

  • 195 institutional investors held Primoris Services (PRIM) as of Q3 2023, up from 179 in Q2 2023.
  • Funds reported $1.58B of Primoris Services stock for Q3 2023, up 8.2% quarter-over-quarter.
  • 33 funds opened new Primoris Services positions in Q3 2023 and 16 closed out, a net change of +17 holders.
  • The largest Primoris Services buyer in Q3 2023 was Verition Fund Management, an estimated $11.5M added.
  • The largest Primoris Services seller in Q3 2023 was Wellington Management Group, an estimated $34.6M sold.

Based on aggregated 13F filings for Q3 2023.