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Primoris Services

120 hedge funds and large institutions have $689M invested in Primoris Services in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 43

19% more capital invested

Capital invested by funds: $578M → $689M (+$111M)

8% less funds holding

Funds holding: 130120 (-10)

43% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 23

Holders
120
Holders Change
-10
Holders Change %
-7.69%
% of All Funds
3.23%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
52
Reduced
43
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BRWM
101
B. Riley Wealth Management
Tennessee
$49K
DADC
102
D.A. Davidson & Co
Montana
$48K -$9.36K -490 -17%
Canada Life
103
Canada Life
Manitoba, Canada
$46K
Teacher Retirement System of Texas
104
Teacher Retirement System of Texas
Texas
$30K +$6.36K +333 +28%
Morgan Stanley
105
Morgan Stanley
New York
$28K -$117K -6,133 -81%
PNC Financial Services Group
106
PNC Financial Services Group
Pennsylvania
$27K +$4.78K +250 +22%
Ohio Public Employees Retirement System (OPERS)
107
Ohio Public Employees Retirement System (OPERS)
Ohio
$21K +$19.9K +1,042 New
CLOS
108
Compagnie Lombard Odier SCmA
Switzerland
$20K
TRCT
109
Tower Research Capital (TRC)
New York
$19K -$36.4K -1,908 -67%
FHA
110
First Horizon Advisors
Tennessee
$15K -$95 -5 -0.6%
Barclays
111
Barclays
United Kingdom
$14K -$128K -6,699 -90%
BF
112
BOK Financial
Oklahoma
$14K +$13.7K +715 New
LTFS
113
Ladenburg Thalmann Financial Services
Florida
$9K +$38 +2 +0.4%
Bank of Montreal
114
Bank of Montreal
Ontario, Canada
$5K -$267 -14 -5%
Zurich Cantonal Bank
115
Zurich Cantonal Bank
Switzerland
$4K
Manulife (Manufacturers Life Insurance)
116
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.08K -$21.7K -1,137 -2%
WRF
117
Waddell & Reed Financial
Kansas
-$11.8M -687,850 Closed
WHG
118
Westwood Holdings Group
Texas
-$3.93M -228,525 Closed
LSC
119
Lyon Street Capital
California
-$3.48M -202,584 Closed
Bessemer Group
120
Bessemer Group
New Jersey
-$2.58M -150,000 Closed
Renaissance Technologies
121
Renaissance Technologies
New York
-$1.86M -108,224 Closed
BCM
122
Bodri Capital Management
California
-$1.72M -100,000 Closed
Fidelity International
123
Fidelity International
Bermuda
-$1.18M -68,663 Closed
Neuberger Berman Group
124
Neuberger Berman Group
New York
-$1.03M -59,963 Closed
ECM
125
Empirical Capital Management
Tennessee
-$911K -53,000 Closed

PRIM Hedge Fund Activity: Q2 2015 in Review

120 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2015, worth a combined $689M — up 19% from $578M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PRIM and 13 opened new positions — a net loss of 10 holders — while 43 trimmed existing stakes and 52 added.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $40.2M. The largest seller was Victory Capital Management, cutting an estimated $13.7M.

  • 120 institutional investors held Primoris Services (PRIM) as of Q2 2015, down from 130 in Q1 2015.
  • Funds reported $689M of Primoris Services stock for Q2 2015, up 19% quarter-over-quarter.
  • 13 funds opened new Primoris Services positions in Q2 2015 and 23 closed out, a net change of -10 holders.
  • The largest Primoris Services buyer in Q2 2015 was Wellington Management Group, an estimated $40.2M added.
  • The largest Primoris Services seller in Q2 2015 was Victory Capital Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q2 2015.