Primoris Services
PRIM
125 hedge funds and large institutions have $733M invested in Primoris Services in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 44 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
14% more funds holding
Funds holding: 110 → 125 (+15)
0% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 44
21% less capital invested
Capital invested by funds: $933M → $733M (-$199M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$5.66M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$4.98M |
| 3 |
Renaissance Technologies
New York
|
+$4.64M |
| 4 |
Millennium Management
New York
|
+$3.77M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$8.39M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$5.07M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$2.68M |
| 4 |
ETM
Euclidean Technologies Management
Seattle,
Washington
|
-$2.32M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$2.23M |
PRIM Hedge Fund Activity: Q2 2016 in Review
125 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2016, worth a combined $733M — down 21% from $933M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PRIM positions and 4 closed out — a net gain of 16 holders — while 44 added to existing stakes and 44 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $5.66M. The largest seller was Cortina Asset Management, exiting entirely with an estimated $8.39M sold.
- 125 institutional investors held Primoris Services (PRIM) as of Q2 2016, up from 110 in Q1 2016.
- Funds reported $733M of Primoris Services stock for Q2 2016, down 21% quarter-over-quarter.
- 20 funds opened new Primoris Services positions in Q2 2016 and 4 closed out, a net change of +16 holders.
- The largest Primoris Services buyer in Q2 2016 was Van Berkom & Associates, an estimated $5.66M added.
- The largest Primoris Services seller in Q2 2016 was Cortina Asset Management, an estimated $8.39M sold.
Based on aggregated 13F filings for Q2 2016.