Primoris Services
PRIM
186 hedge funds and large institutions have $1.17B invested in Primoris Services in 2021 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 79 increasing their positions, 64 reducing their positions, and 37 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 64
0.13% more ownership
Funds ownership: 88.65% → 88.78% (+0.13%)
10% less funds holding
Funds holding: 206 → 186 (-20)
17% less capital invested
Capital invested by funds: $1.4B → $1.17B (-$233M)
46% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 37
72% less call options, than puts
Call options by funds: $386K | Put options by funds: $1.36M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.7M |
| 3 |
Morgan Stanley
New York
|
+$9.24M |
| 4 |
Two Sigma Investments
New York
|
+$5.58M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$40.1M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$13.1M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$10.1M |
| 4 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$8.92M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$8.38M |
PRIM Hedge Fund Activity: Q3 2021 in Review
186 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q3 2021, worth a combined $1.17B — down 17% from $1.4B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of PRIM and 20 opened new positions — a net loss of 17 holders — while 64 trimmed existing stakes and 79 added.
The largest buyer was Wellington Management Group, adding an estimated $35.7M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $40.1M.
- 186 institutional investors held Primoris Services (PRIM) as of Q3 2021, down from 206 in Q2 2021.
- Funds reported $1.17B of Primoris Services stock for Q3 2021, down 17% quarter-over-quarter.
- 20 funds opened new Primoris Services positions in Q3 2021 and 37 closed out, a net change of -17 holders.
- The largest Primoris Services buyer in Q3 2021 was Wellington Management Group, an estimated $35.7M added.
- The largest Primoris Services seller in Q3 2021 was Barrow, Hanley, Mewhinney & Strauss, an estimated $40.1M sold.
Based on aggregated 13F filings for Q3 2021.