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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
AAM
101
Advisors Asset Management
Colorado
$130K -$45.4K -2,330 -22%
PNC Financial Services Group
102
PNC Financial Services Group
Pennsylvania
$120K
FMT
103
First Mercantile Trust
Tennessee
$114K +$47.3K +2,430 +51%
Zurich Cantonal Bank
104
Zurich Cantonal Bank
Switzerland
$100K +$40.5K +2,078 +49%
Royal Bank of Canada
105
Royal Bank of Canada
Ontario, Canada
$98K -$96.6K -4,956 -45%
MAM
106
Meeder Asset Management
Ohio
$78K -$3.12K -160 -3%
Ohio Public Employees Retirement System (OPERS)
107
Ohio Public Employees Retirement System (OPERS)
Ohio
$76K +$2.22K +114 +2%
New York State Teachers Retirement System (NYSTRS)
108
New York State Teachers Retirement System (NYSTRS)
New York
$62K
AIP
109
Ameritas Investment Partners
Nebraska
$61K
Canada Life
110
Canada Life
Manitoba, Canada
$47K +$1.73K +89 +3%
OAM
111
Oppenheimer Asset Management
New York
$46K -$234 -12 -0.4%
Osaic Holdings
112
Osaic Holdings
Arizona
$31K +$37.7K +1,937 New
Bank of Montreal
113
Bank of Montreal
Ontario, Canada
$29K -$140K -7,206 -80%
CFG
114
Citizens Financial Group
Rhode Island
$29K +$35.5K +1,820 New
AssetMark Inc
115
AssetMark Inc
California
$28K
LSA
116
Lion Street Advisors
Texas
$17K +$20.7K +1,060 New
Nisa Investment Advisors
117
Nisa Investment Advisors
Missouri
$14K +$7.6K +390 +81%
FHA
118
First Horizon Advisors
Tennessee
$11K
US Bancorp
119
US Bancorp
Minnesota
$9K +$1.25K +64 +13%
Federated Hermes
120
Federated Hermes
Pennsylvania
$8K +$565 +29 +6%
Kayne Anderson Rudnick Investment Management
121
Kayne Anderson Rudnick Investment Management
California
$3K +$409 +21 +13%
GFPC
122
Global Financial Private Client
Florida
$1.11K
CFA
123
Carroll Financial Associates
North Carolina
$1K
IA
124
IFP Advisors
Florida
$1K +$1.62K +83 New
APA
125
American Portfolios Advisors
New York
$731 +$896 +46 New

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.