Primoris Services
PRIM
130 hedge funds and large institutions have $578M invested in Primoris Services in 2015 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 35 reducing their positions, and 26 closing their positions.
2,000% more call options, than puts
Call options by funds: $21K | Put options by funds: $1K
71% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 35
2% less funds holding
Funds holding: 133 → 130 (-3)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
25% less capital invested
Capital invested by funds: $771M → $578M (-$192M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRECA
National Rural Electric Cooperative Association
Arlington,
Virginia
|
+$28.9M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$17.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$8.66M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$7.49M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$23.7M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$21.1M |
| 3 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$14.7M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$11.7M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$6.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
151
MUFG Americas
New York
| – | -$5K | -225 | Closed |
|
152
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2.95K | -151 | -89% |
|
153
Simplex Trading
Chicago,
Illinois
| – | -$449 | -23 | -58% |
|
|
MFS
154
MSI Financial Services
Springfield,
Massachusetts
| – | +$39 | +2 | New |
|
|
IWMPD
155
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | +$625 | +32 | New |
|
|
HNB
156
Huntington National Bank
Columbus,
Ohio
| – | +$956 | +49 | New |
|
PRIM Hedge Fund Activity: Q1 2015 in Review
130 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2015, worth a combined $578M — down 25% from $771M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PRIM and 23 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 60 added.
The largest buyer was National Rural Electric Cooperative Association, opening a new position worth an estimated $28.9M. The largest seller was Neuberger Berman Group, cutting an estimated $23.7M.
- 130 institutional investors held Primoris Services (PRIM) as of Q1 2015, down from 133 in Q4 2014.
- Funds reported $578M of Primoris Services stock for Q1 2015, down 25% quarter-over-quarter.
- 23 funds opened new Primoris Services positions in Q1 2015 and 26 closed out, a net change of -3 holders.
- The largest Primoris Services buyer in Q1 2015 was National Rural Electric Cooperative Association, an estimated $28.9M added.
- The largest Primoris Services seller in Q1 2015 was Neuberger Berman Group, an estimated $23.7M sold.
Based on aggregated 13F filings for Q1 2015.