Primoris Services
PRIM
151 hedge funds and large institutions have $1.09B invested in Primoris Services in 2017 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 51 increasing their positions, 41 reducing their positions, and 13 closing their positions.
192% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 13
24% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 41
21% more capital invested
Capital invested by funds: $899M → $1.09B (+$188M)
19% more funds holding
Funds holding: 127 → 151 (+24)
1.73% more ownership
Funds ownership: 70.06% → 71.79% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$16.1M |
| 2 |
Millennium Management
New York
|
+$11.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$8.67M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$8.15M |
| 5 |
Goldman Sachs
New York
|
+$7.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$15.4M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$15M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.2M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$11M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
151
Delta Asset Management
Memphis,
Tennessee
| $1K | +$1.15K | +43 | New |
|
|
DRZID
152
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| – | -$15.4M | -617,133 | Closed |
|
|
MAG
153
Millrace Asset Group
Berwyn,
Pennsylvania
| – | -$2.29M | -92,000 | Closed |
|
154
Comerica Bank
Dallas,
Texas
| – | -$1.23M | -49,744 | Closed |
|
|
TC
155
TFS Capital
West Chester,
Pennsylvania
| – | -$997K | -39,956 | Closed |
|
|
HHC
156
Hutchin Hill Capital
New York
| – | -$903K | -36,200 | Closed |
|
|
LCM
157
Laurion Capital Management
New York
| – | -$314K | -12,596 | Closed |
|
158
Squarepoint
New York
| – | -$269K | -10,793 | Closed |
|
|
PP
159
Paloma Partners
Greenwich,
Connecticut
| – | -$204K | -8,185 | Closed |
|
|
FDCDDQ
160
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$144K | -5,777 | Closed |
|
|
AIM
161
Acrospire Investment Management
Chicago,
Illinois
| – | -$89K | -3,574 | Closed |
|
|
CLOS
162
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$25K | -1,000 | Closed |
|
|
IR
163
Invictus RG
Hamilton,
Bermuda
| – | -$7K | -265 | Closed |
|
PRIM Hedge Fund Activity: Q3 2017 in Review
151 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2017, worth a combined $1.09B — up 21% from $899M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PRIM positions and 13 closed out — a net gain of 25 holders — while 51 added to existing stakes and 41 trimmed.
The largest buyer was Norges Bank, adding an estimated $16.1M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $15.4M sold.
- 151 institutional investors held Primoris Services (PRIM) as of Q3 2017, up from 127 in Q2 2017.
- Funds reported $1.09B of Primoris Services stock for Q3 2017, up 21% quarter-over-quarter.
- 38 funds opened new Primoris Services positions in Q3 2017 and 13 closed out, a net change of +25 holders.
- The largest Primoris Services buyer in Q3 2017 was Norges Bank, an estimated $16.1M added.
- The largest Primoris Services seller in Q3 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $15.4M sold.
Based on aggregated 13F filings for Q3 2017.