Primoris Services
PRIM
122 hedge funds and large institutions have $805M invested in Primoris Services in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 20 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 39
5% more capital invested
Capital invested by funds: $769M → $805M (+$36.5M)
2% less funds holding
Funds holding: 125 → 122 (-3)
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $412K
Top Buyers
Top Sellers
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$35.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$28.3M |
| 3 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$18.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.44M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$4.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Tudor Investment Corp
Stamford,
Connecticut
| – | -$430K | -22,700 | Closed |
|
127
Marshall Wace
London,
United Kingdom
| – | -$378K | -19,972 | Closed |
|
|
NC
128
Northpointe Capital
Bloomfield Hills,
Michigan
| – | -$375K | -19,815 | Closed |
|
|
TI
129
Trexquant Investment
Stamford,
Connecticut
| – | -$283K | -14,965 | Closed |
|
|
PP
130
Paloma Partners
Greenwich,
Connecticut
| – | -$200K | -10,527 | Closed |
|
|
GCP
131
GSA Capital Partners
London,
United Kingdom
| – | -$198K | -10,479 | Closed |
|
132
BAMCO Inc
New York
| – | -$123K | -6,507 | Closed |
|
133
Teacher Retirement System of Texas
Austin,
Texas
| – | -$109K | -5,770 | Closed |
|
134
Walleye Trading
New York
| – | -$52K | -2,743 | Closed |
|
|
ETM
135
Euclidean Technologies Management
Seattle,
Washington
| – | -$43K | -2,291 | Closed |
|
|
TRCT
136
Tower Research Capital (TRC)
New York
| – | -$42K | -2,243 | Closed |
|
137
Creative Planning
Overland Park,
Kansas
| – | -$2K | -100 | Closed |
|
|
BCI
138
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$57 | +3 | New |
|
PRIM Hedge Fund Activity: Q3 2016 in Review
122 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2016, worth a combined $805M — up 4.7% from $769M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PRIM and 17 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 47 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $27.8M. The largest seller was Macquarie Group, cutting an estimated $35.4M.
- 122 institutional investors held Primoris Services (PRIM) as of Q3 2016, down from 125 in Q2 2016.
- Funds reported $805M of Primoris Services stock for Q3 2016, up 4.7% quarter-over-quarter.
- 17 funds opened new Primoris Services positions in Q3 2016 and 20 closed out, a net change of -3 holders.
- The largest Primoris Services buyer in Q3 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $27.8M added.
- The largest Primoris Services seller in Q3 2016 was Macquarie Group, an estimated $35.4M sold.
Based on aggregated 13F filings for Q3 2016.