Primoris Services
PRIM
134 hedge funds and large institutions have $862M invested in Primoris Services in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
30% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 44
3% more funds holding
Funds holding: 130 → 134 (+4)
2.11% more ownership
Funds ownership: 78.72% → 80.83% (+2.1%)
4% more capital invested
Capital invested by funds: $825M → $862M (+$36.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $402K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$12M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$10.6M |
| 3 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$6.47M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.93M |
| 5 |
RA
Royce & Associates
New York
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15M |
| 2 |
Millennium Management
New York
|
-$4.32M |
| 3 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$3.69M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$3.48M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.74M |
PRIM Hedge Fund Activity: Q2 2019 in Review
134 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2019, worth a combined $862M — up 4.4% from $825M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PRIM positions and 10 closed out — a net gain of 6 holders — while 57 added to existing stakes and 44 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $12M. The largest seller was Lord, Abbett & Co, cutting an estimated $15M.
- 134 institutional investors held Primoris Services (PRIM) as of Q2 2019, up from 130 in Q1 2019.
- Funds reported $862M of Primoris Services stock for Q2 2019, up 4.4% quarter-over-quarter.
- 16 funds opened new Primoris Services positions in Q2 2019 and 10 closed out, a net change of +6 holders.
- The largest Primoris Services buyer in Q2 2019 was Van Berkom & Associates, an estimated $12M added.
- The largest Primoris Services seller in Q2 2019 was Lord, Abbett & Co, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2019.