Primoris Services
PRIM
123 hedge funds and large institutions have $808M invested in Primoris Services in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 19 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 39
10% more capital invested
Capital invested by funds: $733M → $808M (+$74.9M)
2% less funds holding
Funds holding: 125 → 123 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $412K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$27.8M |
| 2 |
EA
Emerald Acquisition
Seattle,
Washington
|
+$8.19M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$8.12M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$5.74M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$4.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$28.3M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$18.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.44M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$4.11M |
| 5 |
Millennium Management
New York
|
-$3.31M |
PRIM Hedge Fund Activity: Q3 2016 in Review
123 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2016, worth a combined $808M — up 10% from $733M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PRIM and 17 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 47 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $27.8M. The largest seller was Victory Capital Management, cutting an estimated $28.3M.
- 123 institutional investors held Primoris Services (PRIM) as of Q3 2016, down from 125 in Q2 2016.
- Funds reported $808M of Primoris Services stock for Q3 2016, up 10% quarter-over-quarter.
- 17 funds opened new Primoris Services positions in Q3 2016 and 19 closed out, a net change of -2 holders.
- The largest Primoris Services buyer in Q3 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $27.8M added.
- The largest Primoris Services seller in Q3 2016 was Victory Capital Management, an estimated $28.3M sold.
Based on aggregated 13F filings for Q3 2016.