Primoris Services
PRIM
139 hedge funds and large institutions have $945M invested in Primoris Services in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 45 increasing their positions, 59 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
5% more funds holding
Funds holding: 132 → 139 (+7)
0% more capital invested
Capital invested by funds: $941M → $945M (+$3.53M)
24% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 59
72% less call options, than puts
Call options by funds: $942K | Put options by funds: $3.4M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$16.2M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$9.44M |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$6.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$13.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$11.6M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$9.18M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$8.71M |
| 5 |
BPIM
Brant Point Investment Management
New York
|
-$7.36M |
PRIM Hedge Fund Activity: Q1 2014 in Review
139 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2014, worth a combined $945M — up 0.37% from $941M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PRIM positions and 13 closed out — a net gain of 9 holders — while 45 added to existing stakes and 59 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $23.7M. The largest seller was Fred Alger Management, cutting an estimated $13.2M.
- 139 institutional investors held Primoris Services (PRIM) as of Q1 2014, up from 132 in Q4 2013.
- Funds reported $945M of Primoris Services stock for Q1 2014, up 0.37% quarter-over-quarter.
- 22 funds opened new Primoris Services positions in Q1 2014 and 13 closed out, a net change of +9 holders.
- The largest Primoris Services buyer in Q1 2014 was Fidelity Investments, an estimated $23.7M added.
- The largest Primoris Services seller in Q1 2014 was Fred Alger Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q1 2014.