Primoris Services
PRIM
129 hedge funds and large institutions have $738M invested in Primoris Services in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 61 increasing their positions, 32 reducing their positions, and 15 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 32
0.44% more ownership
Funds ownership: 80.83% → 81.28% (+0.44%)
4% less funds holding
Funds holding: 134 → 129 (-5)
14% less capital invested
Capital invested by funds: $862M → $738M (-$123M)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $421K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$10.9M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.89M |
| 3 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$4.29M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$3.16M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$9.99M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.82M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$3.8M |
| 4 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$3.49M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.44M |
PRIM Hedge Fund Activity: Q3 2019 in Review
129 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2019, worth a combined $738M — down 14% from $862M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PRIM and 11 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 61 added.
The largest buyer was Van Berkom & Associates, adding an estimated $10.9M. The largest seller was United Services Automobile Association, exiting entirely with an estimated $9.99M sold.
- 129 institutional investors held Primoris Services (PRIM) as of Q3 2019, down from 134 in Q2 2019.
- Funds reported $738M of Primoris Services stock for Q3 2019, down 14% quarter-over-quarter.
- 11 funds opened new Primoris Services positions in Q3 2019 and 15 closed out, a net change of -4 holders.
- The largest Primoris Services buyer in Q3 2019 was Van Berkom & Associates, an estimated $10.9M added.
- The largest Primoris Services seller in Q3 2019 was United Services Automobile Association, an estimated $9.99M sold.
Based on aggregated 13F filings for Q3 2019.