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Primoris Services

127 hedge funds and large institutions have $657M invested in Primoris Services in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 44 increasing their positions, 50 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

4.95% more ownership

Funds ownership: 80.84%85.79% (+4.9%)

9% less funds holding

Funds holding: 139127 (-12)

12% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 50

28% less capital invested

Capital invested by funds: $916M → $657M (-$259M)

36% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 25

Holders
127
Holders Change
-12
Holders Change %
-8.63%
% of All Funds
2.8%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
16
Increased
44
Reduced
50
Closed
25
Calls
$4K
Puts
Net Calls
+$4K
Net Calls Change
-$7K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$66.7M +$1.17M +60,007 +1%
VBA
2
Van Berkom & Associates
Quebec, Canada
$61.6M +$5.58M +286,195 +8%
BlackRock
3
BlackRock
New York
$48.8M -$528K -27,077 -0.9%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$46.2M +$16.3M +836,213 +40%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$38.8M -$448K -22,982 -0.9%
Thrivent Financial for Lutherans
6
Thrivent Financial for Lutherans
Minnesota
$33M -$496K -25,438 -1%
Macquarie Group
7
Macquarie Group
Australia
$32.3M -$5.82M -298,494 -13%
Barrow, Hanley, Mewhinney & Strauss
8
Barrow, Hanley, Mewhinney & Strauss
Texas
$32.3M +$1.37M +70,375 +4%
DRZID
9
DePrince Race & Zollo Inc (DRZ)
Florida
$29.9M +$2.85M +146,047 +8%
GKIM
10
GW&K Investment Management
Massachusetts
$19.4M -$689K -35,355 -3%
AllianceBernstein
11
AllianceBernstein
Tennessee
$18.3M -$2.88M -147,695 -11%
Loomis, Sayles & Company
12
Loomis, Sayles & Company
Massachusetts
$16.9M +$127K +6,543 +0.6%
State Street
13
State Street
Massachusetts
$14.2M -$67.8K -3,480 -0.4%
Norges Bank
14
Norges Bank
Norway
$12.5M
DCM
15
Divisar Capital Management
California
$12.5M +$6.59M +338,058 +76%
Invesco
16
Invesco
Georgia
$12.1M -$637K -32,680 -4%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$11M +$996K +51,126 +8%
Northern Trust
18
Northern Trust
Illinois
$9.77M -$486K -24,961 -4%
Charles Schwab
19
Charles Schwab
California
$9.47M +$852K +43,734 +8%
Russell Investments Group
20
Russell Investments Group
United Kingdom
$8.87M +$224K +11,473 +2%
RHJA
21
Rice Hall James & Associates
California
$7.76M -$7.77M -398,979 -45%
HAM
22
Hillcrest Asset Management
Texas
$7.66M +$61.8K +3,170 +0.7%
VHMC
23
Value Holdings Management Company
New York
$6.92M
RA
24
Royce & Associates
New York
$6.56M +$877K +45,000 +12%
KTA
25
Keeley-Teton Advisors
Illinois
$6.18M

PRIM Hedge Fund Activity: Q1 2020 in Review

127 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2020, worth a combined $657M — down 28% from $916M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of PRIM and 16 opened new positions — a net loss of 9 holders — while 50 trimmed existing stakes and 44 added.

The largest buyer was Wellington Management Group, adding an estimated $16.3M. The largest seller was Pier Capital, exiting entirely with an estimated $8.53M sold.

  • 127 institutional investors held Primoris Services (PRIM) as of Q1 2020, down from 139 in Q4 2019.
  • Funds reported $657M of Primoris Services stock for Q1 2020, down 28% quarter-over-quarter.
  • 16 funds opened new Primoris Services positions in Q1 2020 and 25 closed out, a net change of -9 holders.
  • The largest Primoris Services buyer in Q1 2020 was Wellington Management Group, an estimated $16.3M added.
  • The largest Primoris Services seller in Q1 2020 was Pier Capital, an estimated $8.53M sold.

Based on aggregated 13F filings for Q1 2020.