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Primoris Services

130 hedge funds and large institutions have $854M invested in Primoris Services in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 52 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

72.38% more ownership

Funds ownership: 0%72.38% (+72%)

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

7% more funds holding

Funds holding: 122130 (+8)

6% more capital invested

Capital invested by funds: $805M → $854M (+$48.5M)

33% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 52

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1.14M

Holders
130
Holders Change
+8
Holders Change %
+6.56%
% of All Funds
3.25%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
24
Increased
35
Reduced
52
Closed
14
Calls
Puts
$1.14M
Net Calls
-$1.14M
Net Calls Change
-$727K
Name Holding Trade Value Shares
Change
Change in
Stake
BA
76
BlackRock Advisors
Delaware
$475K +$9.94K +452 +2%
PCM
77
Palisade Capital Management
New Jersey
$474K -$3.89M -176,975 -89%
Parallax Volatility Advisers
78
Parallax Volatility Advisers
California
$462K -$122K -5,531 -21%
FMT
79
First Mercantile Trust
Tennessee
$446K +$303K +13,785 +238%
State Board of Administration of Florida Retirement System
80
State Board of Administration of Florida Retirement System
Florida
$433K
BG
81
BlackRock Group
United Kingdom
$424K +$32.3K +1,470 +9%
VOYA Investment Management
82
VOYA Investment Management
Georgia
$413K
CB
83
Commerce Bank
Missouri
$383K -$54.5K -2,480 -13%
California Public Employees Retirement System
84
California Public Employees Retirement System
California
$351K -$17.6K -800 -5%
T. Rowe Price Associates
85
T. Rowe Price Associates
Maryland
$312K
HSBC Holdings
86
HSBC Holdings
United Kingdom
$304K +$293K +13,326 New
CM
87
Crestline Management
Texas
$296K +$286K +12,996 New
DTL
88
Dynamic Technology Lab
Singapore
$286K +$276K +12,554 New
FDS
89
First Dallas Securities
Texas
$267K -$42.7K -1,943 -14%
Legal & General Group
90
Legal & General Group
United Kingdom
$259K +$104K +4,709 +71%
PCM
91
Prelude Capital Management
New York
$258K +$149K +6,794 +150%
CG
92
Clinton Group
New York
$247K +$239K +10,849 New
AQR Capital Management
93
AQR Capital Management
Connecticut
$244K -$206K -9,355 -47%
Envestnet Asset Management
94
Envestnet Asset Management
Illinois
$235K -$2.62K -119 -1%
Squarepoint
95
Squarepoint
New York
$204K +$197K +8,964 New
Victory Capital Management
96
Victory Capital Management
Texas
$104K -$2.46K -112 -2%
AIM
97
Acrospire Investment Management
Illinois
$97K +$94K +4,274 New
Ohio Public Employees Retirement System (OPERS)
98
Ohio Public Employees Retirement System (OPERS)
Ohio
$92K +$6.13K +279 +8%
BlackRock
99
BlackRock
New York
$80K -$14.1K -643 -16%
Royal Bank of Canada
100
Royal Bank of Canada
Ontario, Canada
$72K +$23.8K +1,082 +52%

PRIM Hedge Fund Activity: Q4 2016 in Review

130 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2016, worth a combined $854M — up 6% from $805M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new PRIM positions and 14 closed out — a net gain of 10 holders — while 35 added to existing stakes and 52 trimmed.

The largest buyer was Eagle Asset Management, adding an estimated $10M. The largest seller was Frontier Capital Management, cutting an estimated $29.4M.

  • 130 institutional investors held Primoris Services (PRIM) as of Q4 2016, up from 122 in Q3 2016.
  • Funds reported $854M of Primoris Services stock for Q4 2016, up 6% quarter-over-quarter.
  • 24 funds opened new Primoris Services positions in Q4 2016 and 14 closed out, a net change of +10 holders.
  • The largest Primoris Services buyer in Q4 2016 was Eagle Asset Management, an estimated $10M added.
  • The largest Primoris Services seller in Q4 2016 was Frontier Capital Management, an estimated $29.4M sold.

Based on aggregated 13F filings for Q4 2016.