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Primoris Services

130 hedge funds and large institutions have $854M invested in Primoris Services in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 52 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

72.38% more ownership

Funds ownership: 0%72.38% (+72%)

71% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 14

7% more funds holding

Funds holding: 122130 (+8)

6% more capital invested

Capital invested by funds: $805M → $854M (+$48.5M)

33% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 52

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1.14M

Holders
130
Holders Change
+8
Holders Change %
+6.56%
% of All Funds
3.25%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
24
Increased
35
Reduced
52
Closed
14
Calls
Puts
$1.14M
Net Calls
-$1.14M
Net Calls Change
-$727K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$70.6M +$2.24M +102,059 +3%
Barrow, Hanley, Mewhinney & Strauss
2
Barrow, Hanley, Mewhinney & Strauss
Texas
$70M -$2M -90,800 -3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$60.2M -$2.67M -121,493 -4%
VBA
4
Van Berkom & Associates
Quebec, Canada
$46.3M -$10.9M -494,756 -20%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$46.1M +$249K +11,316 +0.6%
Macquarie Group
6
Macquarie Group
Australia
$41.5M -$1.14M -51,624 -3%
DRZID
7
DePrince Race & Zollo Inc (DRZ)
Florida
$40.1M -$11.9M -539,147 -23%
HA
8
Homestead Advisers
Virginia
$38.8M
Lord, Abbett & Co
9
Lord, Abbett & Co
New Jersey
$30M +$9.47M +430,703 +49%
BFA
10
BlackRock Fund Advisors
California
$27.4M +$4.11M +186,754 +18%
HCM
11
Hodges Capital Management
Texas
$27.2M -$1.26M -57,384 -5%
GKIM
12
GW&K Investment Management
Massachusetts
$25.6M -$3.9M -177,561 -14%
BIT
13
BlackRock Institutional Trust
California
$22.9M +$1.1M +50,119 +5%
Invesco
14
Invesco
Georgia
$22.4M -$445K -20,214 -2%
GT
15
Glenmede Trust
Pennsylvania
$20.1M -$9.03M -410,733 -32%
Deutsche Bank
16
Deutsche Bank
Germany
$18.7M +$173K +7,878 +1%
Loomis, Sayles & Company
17
Loomis, Sayles & Company
Massachusetts
$18.4M -$915K -41,592 -5%
State Street
18
State Street
Massachusetts
$15.8M +$795K +36,170 +6%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$15.3M +$14.7M +666,487 New
EAM
20
Eagle Asset Management
Florida
$13.9M +$10M +455,439 +298%
USAA
21
United Services Automobile Association
Texas
$13.2M -$224K -10,180 -2%
Northern Trust
22
Northern Trust
Illinois
$11.6M +$470K +21,387 +4%
VHMC
23
Value Holdings Management Company
New York
$10.8M +$2.88M +130,950 +38%
1C
24
1060 Capital
Colorado
$7.55M +$7.29M +331,625 New
Geode Capital Management
25
Geode Capital Management
Massachusetts
$7.31M +$761K +34,609 +12%

PRIM Hedge Fund Activity: Q4 2016 in Review

130 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2016, worth a combined $854M — up 6% from $805M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new PRIM positions and 14 closed out — a net gain of 10 holders — while 35 added to existing stakes and 52 trimmed.

The largest buyer was Eagle Asset Management, adding an estimated $10M. The largest seller was Frontier Capital Management, cutting an estimated $29.4M.

  • 130 institutional investors held Primoris Services (PRIM) as of Q4 2016, up from 122 in Q3 2016.
  • Funds reported $854M of Primoris Services stock for Q4 2016, up 6% quarter-over-quarter.
  • 24 funds opened new Primoris Services positions in Q4 2016 and 14 closed out, a net change of +10 holders.
  • The largest Primoris Services buyer in Q4 2016 was Eagle Asset Management, an estimated $10M added.
  • The largest Primoris Services seller in Q4 2016 was Frontier Capital Management, an estimated $29.4M sold.

Based on aggregated 13F filings for Q4 2016.