Primoris Services
PRIM
166 hedge funds and large institutions have $774M invested in Primoris Services in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 65 increasing their positions, 45 reducing their positions, and 9 closing their positions.
486% more call options, than puts
Call options by funds: $41K | Put options by funds: $7K
233% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 9
44% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 45
14% more funds holding
Funds holding: 145 → 166 (+21)
7% more capital invested
Capital invested by funds: $722M → $774M (+$51.6M)
4.58% more ownership
Funds ownership: 84.26% → 88.84% (+4.6%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$11.5M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$9.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.85M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.55M |
| 5 |
Goldman Sachs
New York
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$20.6M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$14M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.77M |
| 4 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$4.54M |
| 5 |
BlackRock
New York
|
-$3.25M |
PRIM Hedge Fund Activity: Q3 2020 in Review
166 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2020, worth a combined $774M — up 7.2% from $722M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PRIM positions and 9 closed out — a net gain of 21 holders — while 65 added to existing stakes and 45 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $11.5M. The largest seller was Thrivent Financial for Lutherans, exiting entirely with an estimated $20.6M sold.
- 166 institutional investors held Primoris Services (PRIM) as of Q3 2020, up from 145 in Q2 2020.
- Funds reported $774M of Primoris Services stock for Q3 2020, up 7.2% quarter-over-quarter.
- 30 funds opened new Primoris Services positions in Q3 2020 and 9 closed out, a net change of +21 holders.
- The largest Primoris Services buyer in Q3 2020 was Fuller & Thaler Asset Management, an estimated $11.5M added.
- The largest Primoris Services seller in Q3 2020 was Thrivent Financial for Lutherans, an estimated $20.6M sold.
Based on aggregated 13F filings for Q3 2020.