Primoris Services
PRIM
110 hedge funds and large institutions have $926M invested in Primoris Services in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 48 increasing their positions, 46 reducing their positions, and 10 closing their positions.
8% more capital invested
Capital invested by funds: $861M → $926M (+$64.8M)
4% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 46
4% less funds holding
Funds holding: 115 → 110 (-5)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$17.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.82M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.92M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.84M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.5M |
Top Sellers
PRIM Hedge Fund Activity: Q1 2016 in Review
110 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2016, worth a combined $926M — up 7.5% from $861M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PRIM and 6 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 48 added.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $17.5M. The largest seller was Hodges Capital Management, cutting an estimated $14.6M.
- 110 institutional investors held Primoris Services (PRIM) as of Q1 2016, down from 115 in Q4 2015.
- Funds reported $926M of Primoris Services stock for Q1 2016, up 7.5% quarter-over-quarter.
- 6 funds opened new Primoris Services positions in Q1 2016 and 10 closed out, a net change of -4 holders.
- The largest Primoris Services buyer in Q1 2016 was Loomis, Sayles & Company, an estimated $17.5M added.
- The largest Primoris Services seller in Q1 2016 was Hodges Capital Management, an estimated $14.6M sold.
Based on aggregated 13F filings for Q1 2016.