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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
VOYA Investment Management
76
VOYA Investment Management
Georgia
$358K +$15.8K +809 +4%
DA
77
Denali Advisors
California
$351K +$277K +14,200 +180%
CB
78
Commerce Bank
Missouri
$335K +$38.7K +1,985 +10%
CIBC World Market
79
CIBC World Market
Ontario, Canada
$334K -$13.6K -700 -3%
Renaissance Technologies
80
Renaissance Technologies
New York
$326K -$959K -49,200 -71%
BCM
81
Bridgeway Capital Management
Texas
$318K +$390K +20,000 New
Deutsche Bank
82
Deutsche Bank
Germany
$315K +$75.9K +3,895 +24%
State Board of Administration of Florida Retirement System
83
State Board of Administration of Florida Retirement System
Florida
$304K
ZCM
84
Zebra Capital Management
Connecticut
$295K -$25.9K -1,328 -7%
MIM
85
MetLife Investment Management
New Jersey
$286K
Mirae Asset Global Investments
86
Mirae Asset Global Investments
South Korea
$276K -$110K -5,628 -25%
IRC
87
Investors Research Corp
Georgia
$251K
SEI Investments
88
SEI Investments
Pennsylvania
$237K
BNP Paribas Financial Markets
89
BNP Paribas Financial Markets
France
$233K +$98.2K +5,041 +52%
Citigroup
90
Citigroup
New York
$218K -$146K -7,512 -35%
AC
91
Aristides Capital
Kentucky
$212K +$260K +13,346 New
MLICM
92
Metropolitan Life Insurance Company (MetLife)
New York
$211K -$623 -32 -0.2%
Morgan Stanley
93
Morgan Stanley
New York
$211K -$993K -50,983 -79%
American Century Companies
94
American Century Companies
Missouri
$199K +$244K +12,509 New
IA
95
IndexIQ Advisors
New York
$199K +$244K +12,522 New
RJA
96
Raymond James & Associates
Florida
$188K -$86.6K -4,444 -27%
AG
97
Aperio Group
California
$187K +$229K +11,755 New
PTC
98
Petrus Trust Company
Texas
$163K +$199K +10,237 New
ASRS
99
Arizona State Retirement System
Arizona
$162K +$198K +10,173 New
XK
100
Xact Kapitalforvaltning
Sweden
$161K

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.