Primoris Services
PRIM
132 hedge funds and large institutions have $933M invested in Primoris Services in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
20% more capital invested
Capital invested by funds: $775M → $933M (+$158M)
4% more funds holding
Funds holding: 127 → 132 (+5)
16% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 55
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$20.5M |
| 2 |
Neuberger Berman Group
New York
|
+$18.5M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$7.57M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$6.93M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$19.4M |
| 2 |
Goldman Sachs
New York
|
-$18.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$8.86M |
| 4 |
Bank of New York Mellon
New York
|
-$6.41M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.54M |
PRIM Hedge Fund Activity: Q4 2013 in Review
132 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2013, worth a combined $933M — up 20% from $775M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PRIM positions and 13 closed out — a net gain of 7 holders — while 46 added to existing stakes and 55 trimmed.
The largest buyer was Invesco, adding an estimated $20.5M. The largest seller was Wells Fargo, cutting an estimated $19.4M.
- 132 institutional investors held Primoris Services (PRIM) as of Q4 2013, up from 127 in Q3 2013.
- Funds reported $933M of Primoris Services stock for Q4 2013, up 20% quarter-over-quarter.
- 20 funds opened new Primoris Services positions in Q4 2013 and 13 closed out, a net change of +7 holders.
- The largest Primoris Services buyer in Q4 2013 was Invesco, an estimated $20.5M added.
- The largest Primoris Services seller in Q4 2013 was Wells Fargo, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2013.