Primoris Services
PRIM
134 hedge funds and large institutions have $862M invested in Primoris Services in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 45 reducing their positions, and 10 closing their positions.
78% more capital inflows, than outflows
Capital inflows: $68.9M | Capital outflows: $38.8M
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
24% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 45
3% more funds holding
Funds holding: 130 → 134 (+4)
2.04% more ownership
Funds ownership: 78.79% → 80.83% (+2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $402K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$12M |
| 2 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$10.6M |
| 3 |
Keeley-Teton Advisors
Chicago,
Illinois
|
+$6.47M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$5.93M |
| 5 |
Royce & Associates
New York
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15M |
| 2 |
Millennium Management
New York
|
-$4.32M |
| 3 |
Homestead Advisers
Arlington,
Virginia
|
-$3.69M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$3.48M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.74M |
PRIM Hedge Fund Activity: Q2 2019 in Review
134 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2019, worth a combined $862M — up 4.3% from $826M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new PRIM positions and 10 closed out — a net gain of 6 holders — while 56 added to existing stakes and 45 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $12M. The largest seller was Lord, Abbett & Co, cutting an estimated $15M.
- 134 institutional investors held Primoris Services (PRIM) as of Q2 2019, up from 130 in Q1 2019.
- Funds reported $862M of Primoris Services stock for Q2 2019, up 4.3% quarter-over-quarter.
- 16 funds opened new Primoris Services positions in Q2 2019 and 10 closed out, a net change of +6 holders.
- The largest Primoris Services buyer in Q2 2019 was Van Berkom & Associates, an estimated $12M added.
- The largest Primoris Services seller in Q2 2019 was Lord, Abbett & Co, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2019.