Primoris Services
PRIM
206 hedge funds and large institutions have $1.4B invested in Primoris Services in 2021 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 66 reducing their positions, and 44 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 66
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.09% less ownership
Funds ownership: 89.72% → 88.63% (-1.1%)
7% less funds holding
Funds holding: 221 → 206 (-15)
12% less capital invested
Capital invested by funds: $1.6B → $1.4B (-$196M)
32% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 44
63% less call options, than puts
Call options by funds: $906K | Put options by funds: $2.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.7M |
| 2 |
BlackRock
New York
|
+$19M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$13.2M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$10.1M |
| 5 |
Millennium Management
New York
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$23.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.2M |
| 3 |
VA
Verdad Advisers
Boston,
Massachusetts
|
-$13M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$11M |
| 5 |
JP Morgan Chase
New York
|
-$10.8M |
PRIM Hedge Fund Activity: Q2 2021 in Review
206 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2021, worth a combined $1.4B — down 12% from $1.6B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of PRIM and 30 opened new positions — a net loss of 14 holders — while 66 trimmed existing stakes and 83 added.
The largest buyer was Vanguard Group, adding an estimated $19.7M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $23.2M sold.
- 206 institutional investors held Primoris Services (PRIM) as of Q2 2021, down from 221 in Q1 2021.
- Funds reported $1.4B of Primoris Services stock for Q2 2021, down 12% quarter-over-quarter.
- 30 funds opened new Primoris Services positions in Q2 2021 and 44 closed out, a net change of -14 holders.
- The largest Primoris Services buyer in Q2 2021 was Vanguard Group, an estimated $19.7M added.
- The largest Primoris Services seller in Q2 2021 was Adage Capital Partners, an estimated $23.2M sold.
Based on aggregated 13F filings for Q2 2021.