Primoris Services
PRIM
127 hedge funds and large institutions have $655M invested in Primoris Services in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 51 reducing their positions, and 25 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
4.72% more ownership
Funds ownership: 80.84% → 85.56% (+4.7%)
9% less funds holding
Funds holding: 139 → 127 (-12)
16% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 51
28% less capital invested
Capital invested by funds: $916M → $655M (-$261M)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$16.3M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$6.59M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$5.58M |
| 4 |
JP Morgan Chase
New York
|
+$3.1M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pier Capital
Stamford,
Connecticut
|
-$8.53M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$7.77M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$5.82M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.88M |
| 5 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
-$2.77M |
PRIM Hedge Fund Activity: Q1 2020 in Review
127 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2020, worth a combined $655M — 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 51 trimmed existing stakes and 43 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 $655M 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.