Primoris Services
PRIM
176 hedge funds and large institutions have $766M invested in Primoris Services in 2022 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 60 increasing their positions, 52 reducing their positions, and 15 closing their positions.
4,833% more call options, than puts
Call options by funds: $296K | Put options by funds: $6K
147% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 15
15% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 52
14% more funds holding
Funds holding: 155 → 176 (+21)
3.16% less ownership
Funds ownership: 91.77% → 88.61% (-3.2%)
28% less capital invested
Capital invested by funds: $1.07B → $766M (-$299M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.55M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$7.44M |
| 4 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
+$6.99M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$30.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.8M |
| 3 |
Goldman Sachs
New York
|
-$13.9M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$10.1M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$9.8M |
PRIM Hedge Fund Activity: Q3 2022 in Review
176 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2022, worth a combined $766M — down 28% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PRIM positions and 15 closed out — a net gain of 22 holders — while 60 added to existing stakes and 52 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $17.5M. The largest seller was Macquarie Group, cutting an estimated $30.1M.
- 176 institutional investors held Primoris Services (PRIM) as of Q3 2022, up from 155 in Q2 2022.
- Funds reported $766M of Primoris Services stock for Q3 2022, down 28% quarter-over-quarter.
- 37 funds opened new Primoris Services positions in Q3 2022 and 15 closed out, a net change of +22 holders.
- The largest Primoris Services buyer in Q3 2022 was Millennium Management, an estimated $17.5M added.
- The largest Primoris Services seller in Q3 2022 was Macquarie Group, an estimated $30.1M sold.
Based on aggregated 13F filings for Q3 2022.