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
BG
76
BlackRock Group
United Kingdom
$353K -$24.1K -1,279 -7%
California Public Employees Retirement System
77
California Public Employees Retirement System
California
$334K -$22.6K -1,200 -7%
FDS
78
First Dallas Securities
Texas
$282K -$239K -12,645 -48%
T. Rowe Price Associates
79
T. Rowe Price Associates
Maryland
$282K +$258K +13,700 New
BFM
80
Boothbay Fund Management
New York
$252K +$231K +12,256 New
HIP
81
Hatteras Investment Partners
North Carolina
$231K +$212K +11,234 New
Envestnet Asset Management
82
Envestnet Asset Management
Illinois
$216K +$132 +7 +0.1%
Citigroup
83
Citigroup
New York
$192K -$41.1K -2,177 -19%
Morgan Stanley
84
Morgan Stanley
New York
$176K -$33.2K -1,762 -17%
Legal & General Group
85
Legal & General Group
United Kingdom
$136K – – –
FMT
86
First Mercantile Trust
Tennessee
$119K -$5.11K -271 -4%
Victory Capital Management
87
Victory Capital Management
Texas
$97K -$28.3M -1,501,734 -100%
PCM
88
Prelude Capital Management
New York
$94K +$85.7K +4,543 New
Asset Management One
89
Asset Management One
Japan
$93K -$238K -12,600 -74%
BNP Paribas Financial Markets
90
BNP Paribas Financial Markets
France
$87.8K +$32.8K +1,737 +69%
BlackRock
91
BlackRock
New York
$85K +$6.91K +366 +10%
Ohio Public Employees Retirement System (OPERS)
92
Ohio Public Employees Retirement System (OPERS)
Ohio
$69K +$3.74K +198 +6%
WAM
93
Wolverine Asset Management
Illinois
$54K +$49.6K +2,628 New
Bank of Montreal
94
Bank of Montreal
Ontario, Canada
$48K – – –
Canada Life
95
Canada Life
Manitoba, Canada
$47K – – –
Royal Bank of Canada
96
Royal Bank of Canada
Ontario, Canada
$42K -$397K -21,060 -91%
SEI Investments
97
SEI Investments
Pennsylvania
$38K +$12.3K +653 +55%
DADC
98
D.A. Davidson & Co
Montana
$35K – – –
NIT
99
NumerixS Investment Technologies
British Columbia, Canada
$33K +$30.2K +1,600 New
Zurich Cantonal Bank
100
Zurich Cantonal Bank
Switzerland
$28K +$6.62K +351 +35%
2 3
4
5 6

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.