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Primoris Services

179 hedge funds and large institutions have $1.46B invested in Primoris Services in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 54 increasing their positions, 67 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

774% more call options, than puts

Call options by funds: $402K | Put options by funds: $46K

58% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 19

24% more capital invested

Capital invested by funds: $1.18B → $1.46B (+$280M)

5% more funds holding

Funds holding: 170179 (+9)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.04% less ownership

Funds ownership: 90.35%90.31% (-0.04%)

19% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 67

Holders
179
Holders Change
+9
Holders Change %
+5.29%
% of All Funds
2.81%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
30
Increased
54
Reduced
67
Closed
19
Calls
$402K
Puts
$46K
Net Calls
+$356K
Net Calls Change
-$2.23M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
101
Deutsche Bank
Germany
$670K -$350K -13,090 -37%
Teacher Retirement System of Texas
102
Teacher Retirement System of Texas
Texas
$669K -$41.2K -1,539 -7%
BNP Paribas Financial Markets
103
BNP Paribas Financial Markets
France
$649K -$513K -19,176 -47%
VOYA Investment Management
104
VOYA Investment Management
Georgia
$647K +$24.9K +929 +5%
GCM
105
Graham Capital Management
Connecticut
$638K +$561K +20,949 New
CB
106
Commerce Bank
Missouri
$629K -$6.02K -225 -1%
NYLIM
107
New York Life Investment Management
New York
$509K -$71.3K -2,664 -14%
TI
108
Trexquant Investment
Connecticut
$508K +$122K +4,560 +38%
Victory Capital Management
109
Victory Capital Management
Texas
$488K -$198K -7,414 -32%
State Board of Administration of Florida Retirement System
110
State Board of Administration of Florida Retirement System
Florida
$459K -$108K -4,020 -21%
ASRS
111
Arizona State Retirement System
Arizona
$456K -$11.4K -426 -3%
FRM
112
Fox Run Management
Connecticut
$449K +$394K +14,721 New
IFS
113
Ifrah Financial Services
Arkansas
$430K -$4.95K -185 -1%
Allspring Global Investments
114
Allspring Global Investments
North Carolina
$388K +$114K +4,249 +50%
Empower Advisory Group
115
Empower Advisory Group
Colorado
$385K
SO
116
STRS Ohio
Ohio
$374K +$26.8K +1,000 +9%
Barclays
117
Barclays
United Kingdom
$353K -$1.16M -43,383 -79%
CC
118
Centiva Capital
New York
$351K +$309K +11,528 New
Wolverine Trading
119
Wolverine Trading
Illinois
$345K +$302K +11,278 New
JMPWA
120
JP Morgan Private Wealth Advisors
California
$341K -$35.1K -1,310 -10%
PNC Financial Services Group
121
PNC Financial Services Group
Pennsylvania
$326K +$16.1K +601 +6%
Zurich Cantonal Bank
122
Zurich Cantonal Bank
Switzerland
$315K
SOW
123
State of Wyoming
Wyoming
$300K +$65.3K +2,440 +33%
M&T Bank
124
M&T Bank
New York
$278K -$29.9K -1,116 -11%
Squarepoint
125
Squarepoint
New York
$271K +$238K +8,900 New

PRIM Hedge Fund Activity: Q2 2023 in Review

179 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2023, worth a combined $1.46B — up 24% from $1.18B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new PRIM positions and 19 closed out — a net gain of 11 holders — while 54 added to existing stakes and 67 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $17.3M. The largest seller was Bridgeway Capital Management, cutting an estimated $10.4M.

  • 179 institutional investors held Primoris Services (PRIM) as of Q2 2023, up from 170 in Q1 2023.
  • Funds reported $1.46B of Primoris Services stock for Q2 2023, up 24% quarter-over-quarter.
  • 30 funds opened new Primoris Services positions in Q2 2023 and 19 closed out, a net change of +11 holders.
  • The largest Primoris Services buyer in Q2 2023 was Driehaus Capital Management, an estimated $17.3M added.
  • The largest Primoris Services seller in Q2 2023 was Bridgeway Capital Management, an estimated $10.4M sold.

Based on aggregated 13F filings for Q2 2023.