Primoris Services
PRIM
195 hedge funds and large institutions have $1.58B invested in Primoris Services in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 65 increasing their positions, 71 reducing their positions, and 16 closing their positions.
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
35% more call options, than puts
Call options by funds: $861K | Put options by funds: $638K
9% more funds holding
Funds holding: 179 → 195 (+16)
8% more capital invested
Capital invested by funds: $1.46B → $1.58B (+$120M)
0.48% more ownership
Funds ownership: 90.31% → 90.79% (+0.48%)
8% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 71
Top Buyers
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$11.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$10.6M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$5.84M |
| 4 |
BlackRock
New York
|
+$5.76M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$5.19M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
201
Centiva Capital
New York
| – | -$351K | -11,528 | Closed |
|
202
Wolverine Trading
Chicago,
Illinois
| – | -$345K | -11,278 | Closed |
|
203
Squarepoint
New York
| – | -$271K | -8,900 | Closed |
|
204
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$213K | -7,000 | Closed |
|
|
SIP
205
Stoneridge Investment Partners
Radnor,
Pennsylvania
| – | -$210K | -6,876 | Closed |
|
|
CMF
206
Counterpoint Mutual Funds
San Diego,
California
| – | -$126K | -4,120 | Closed |
|
|
QT
207
Quantbot Technologies
New York
| – | -$97.2K | -3,191 | Closed |
|
208
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$16.8K | -551 | Closed |
|
209
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$2K | -50 | Closed |
|
|
RI
210
Ridgewood Investments
Springfield,
New Jersey
| – | -$1.03K | -34 | Closed |
|
|
VCM
211
Versant Capital Management
Phoenix,
Arizona
| – | -$823 | -27 | Closed |
|
PRIM Hedge Fund Activity: Q3 2023 in Review
195 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2023, worth a combined $1.58B — up 8.2% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PRIM positions and 16 closed out — a net gain of 17 holders — while 65 added to existing stakes and 71 trimmed.
The largest buyer was Verition Fund Management, opening a new position worth an estimated $11.5M. The largest seller was Wellington Management Group, cutting an estimated $34.6M.
- 195 institutional investors held Primoris Services (PRIM) as of Q3 2023, up from 179 in Q2 2023.
- Funds reported $1.58B of Primoris Services stock for Q3 2023, up 8.2% quarter-over-quarter.
- 33 funds opened new Primoris Services positions in Q3 2023 and 16 closed out, a net change of +17 holders.
- The largest Primoris Services buyer in Q3 2023 was Verition Fund Management, an estimated $11.5M added.
- The largest Primoris Services seller in Q3 2023 was Wellington Management Group, an estimated $34.6M sold.
Based on aggregated 13F filings for Q3 2023.