We are live on ! Find out more
PRIM icon

Primoris Services
PRIM

227 hedge funds and large institutions have $1.66B invested in Primoris Services in 2023 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 77 increasing their positions, 73 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

206% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 16

125% more call options, than puts

Call options by funds: $126K | Put options by funds: $56K

16% more funds holding

Funds holding: 195 → 227 (+32)

2.8% more ownership

Funds ownership: 90.79% → 93.59% (+2.8%)

5% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 73

5% more capital invested

Capital invested by funds: $1.58B → $1.66B (+$74.1M)

17% less funds holding in top 10

Funds holding in top 10: 6 → 5 (-1)

Holders
227
Holders Change
+32
Holders Change %
+16.41%
% of All Funds
3.31%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
49
Increased
77
Reduced
73
Closed
16
Calls
$126K
Puts
$56K
Net Calls
+$70K
Net Calls Change
-$153K

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$34.5M
2
Millennium Management
Millennium Management
New York
+$29.2M
3
BlackRock
BlackRock
New York
+$17.2M
4
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
+$10.5M
5
Goldman Sachs
Goldman Sachs
New York
+$9M

Top Sellers

1
Wellington Management Group
Wellington Management Group
Massachusetts
-$30.1M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$18.3M
3
Franklin Resources
Franklin Resources
California
-$14.6M
4
GKIM
GW&K Investment Management
Massachusetts
-$9.86M
5
DCM
Driehaus Capital Management
Illinois
-$8.98M
Name Holding Trade Value Shares
Change 		Change in
Stake
QCM
76
QRG Capital Management
Illinois
$2.21M +$89.4K +2,866 +4%
Macquarie Group
77
Macquarie Group
Australia
$2.21M – – –
AQR Capital Management
78
AQR Capital Management
Connecticut
$2.11M +$455K +14,595 +30%
1CM
79
1492 Capital Management
Wisconsin
$2.1M -$1.14M -36,588 -37%
TI
80
Trexquant Investment
Connecticut
$2.09M +$1.96M +62,904 New
HFS
81
Hantz Financial Services
Michigan
$1.98M -$123K -3,943 -6%
New York State Common Retirement Fund
82
New York State Common Retirement Fund
New York
$1.96M -$517K -16,594 -22%
Two Sigma Advisers
83
Two Sigma Advisers
New York
$1.93M -$315K -10,100 -15%
BNP Paribas Financial Markets
84
BNP Paribas Financial Markets
France
$1.93M +$729K +23,389 +68%
AllianceBernstein
85
AllianceBernstein
Tennessee
$1.92M -$49.3K -1,580 -3%
UBS AM
86
UBS AM
Illinois
$1.9M – – –
Manulife (Manufacturers Life Insurance)
87
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.87M +$93.7K +3,007 +6%
California State Teachers Retirement System (CalSTRS)
88
California State Teachers Retirement System (CalSTRS)
California
$1.87M -$79K -2,534 -4%
Legal & General Group
89
Legal & General Group
United Kingdom
$1.78M +$60.3K +1,934 +4%
Royal Bank of Canada
90
Royal Bank of Canada
Ontario, Canada
$1.6M +$130K +4,171 +9%
Victory Capital Management
91
Victory Capital Management
Texas
$1.51M +$777K +24,938 +121%
Teacher Retirement System of Texas
92
Teacher Retirement System of Texas
Texas
$1.17M +$264K +8,456 +31%
Canada Life
93
Canada Life
Manitoba, Canada
$1.13M -$599K -19,224 -36%
RJA
94
Raymond James & Associates
Florida
$1.13M -$846K -27,139 -44%
EGM
95
Engineers Gate Manager
New York
$1.1M +$1.04M +33,203 New
JF
96
Jump Financial
Illinois
$1.09M -$311K -9,981 -23%
QT
97
Quantbot Technologies
New York
$1.07M +$1M +32,077 New
CIC
98
Cornercap Investment Counsel
Georgia
$1.02M -$779 -25 -0.1%
JCIA
99
Jackson Creek Investment Advisors
Colorado
$1.01M +$947K +30,362 New
ACM
100
Aquatic Capital Management
Illinois
$963K +$648K +20,800 +254%
2 3
4
5 6

PRIM Hedge Fund Activity: Q4 2023 in Review

227 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2023, worth a combined $1.66B — up 4.7% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new PRIM positions and 16 closed out — a net gain of 33 holders — while 77 added to existing stakes and 73 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $34.5M. The largest seller was Wellington Management Group, cutting an estimated $30.1M.

  • 227 institutional investors held Primoris Services (PRIM) as of Q4 2023, up from 195 in Q3 2023.
  • Funds reported $1.66B of Primoris Services stock for Q4 2023, up 4.7% quarter-over-quarter.
  • 49 funds opened new Primoris Services positions in Q4 2023 and 16 closed out, a net change of +33 holders.
  • The largest Primoris Services buyer in Q4 2023 was Morgan Stanley, an estimated $34.5M added.
  • The largest Primoris Services seller in Q4 2023 was Wellington Management Group, an estimated $30.1M sold.

Based on aggregated 13F filings for Q4 2023.