Primoris Services
PRIM
140 hedge funds and large institutions have $877M invested in Primoris Services in 2014 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 64 increasing their positions, 48 reducing their positions, and 28 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 48
7% less capital invested
Capital invested by funds: $945M → $877M (-$68.1M)
8% less funds holding
Funds holding: 153 → 140 (-13)
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Top Buyers
Top Sellers
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$22.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.2M |
| 3 |
FAM
Fred Alger Management
New York
|
-$8.66M |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$8.14M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$4.37M |
PRIM Hedge Fund Activity: Q3 2014 in Review
140 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2014, worth a combined $877M — down 7.2% from $945M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PRIM and 15 opened new positions — a net loss of 13 holders — while 48 trimmed existing stakes and 64 added.
The largest buyer was Pembroke Management, adding an estimated $7.74M. The largest seller was Frontier Capital Management, cutting an estimated $22.1M.
- 140 institutional investors held Primoris Services (PRIM) as of Q3 2014, down from 153 in Q2 2014.
- Funds reported $877M of Primoris Services stock for Q3 2014, down 7.2% quarter-over-quarter.
- 15 funds opened new Primoris Services positions in Q3 2014 and 28 closed out, a net change of -13 holders.
- The largest Primoris Services buyer in Q3 2014 was Pembroke Management, an estimated $7.74M added.
- The largest Primoris Services seller in Q3 2014 was Frontier Capital Management, an estimated $22.1M sold.
Based on aggregated 13F filings for Q3 2014.