Primoris Services
PRIM
133 hedge funds and large institutions have $771M invested in Primoris Services in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 23 closing their positions.
691% more call options, than puts
Call options by funds: $1.26M | Put options by funds: $159K
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
5% less funds holding
Funds holding: 140 → 133 (-7)
12% less capital invested
Capital invested by funds: $877M → $771M (-$106M)
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$41.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.5M |
| 3 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$8.47M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$5.27M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$16.9M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
-$11.8M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$7.93M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$7.61M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
-$6.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFS
151
Ifrah Financial Services
Little Rock,
Arkansas
| – | -$225K | -8,397 | Closed |
|
152
Principal Financial Group
Des Moines,
Iowa
| – | -$220K | -8,214 | Closed |
|
153
SG Americas Securities
New York
| – | -$102K | -3,797 | Closed |
|
154
BNP Paribas Financial Markets
Paris,
France
| – | -$63.7K | -2,373 | Closed |
|
|
PTC
155
Private Trust Company
Cleveland,
Ohio
| – | -$6K | -225 | Closed |
|
156
Envestnet Asset Management
Chicago,
Illinois
| – | -$4K | -156 | Closed |
|
|
KT
157
Kanaly Trust
Houston,
Texas
| – | -$3K | -125 | Closed |
|
PRIM Hedge Fund Activity: Q4 2014 in Review
133 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2014, worth a combined $771M — down 12% from $877M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of PRIM and 20 opened new positions — a net loss of 3 holders — while 43 trimmed existing stakes and 52 added.
The largest buyer was Victory Capital Management, adding an estimated $41.4M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $16.9M sold.
- 133 institutional investors held Primoris Services (PRIM) as of Q4 2014, down from 140 in Q3 2014.
- Funds reported $771M of Primoris Services stock for Q4 2014, down 12% quarter-over-quarter.
- 20 funds opened new Primoris Services positions in Q4 2014 and 23 closed out, a net change of -3 holders.
- The largest Primoris Services buyer in Q4 2014 was Victory Capital Management, an estimated $41.4M added.
- The largest Primoris Services seller in Q4 2014 was Allianz Asset Management, an estimated $16.9M sold.
Based on aggregated 13F filings for Q4 2014.