Primoris Services
PRIM
178 hedge funds and large institutions have $1.46B invested in Primoris Services in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 54 increasing their positions, 67 reducing their positions, and 19 closing their positions.
774% more call options, than puts
Call options by funds: $402K | Put options by funds: $46K
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
24% more capital invested
Capital invested by funds: $1.18B → $1.46B (+$280M)
5% more funds holding
Funds holding: 170 → 178 (+8)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.13% less ownership
Funds ownership: 90.35% → 90.22% (-0.13%)
19% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$17.3M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$15M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$11.9M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$6.62M |
| 5 |
DCP
Diameter Capital Partners
New York
|
+$5.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$10.4M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$8.12M |
| 3 |
BlackRock
New York
|
-$5.83M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$4.35M |
PRIM Hedge Fund Activity: Q2 2023 in Review
178 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q2 2023, worth a combined $1.46B — up 24% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PRIM positions and 19 closed out — a net gain of 10 holders — while 54 added to existing stakes and 67 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $17.3M. The largest seller was Bridgeway Capital Management, cutting an estimated $10.4M.
- 178 institutional investors held Primoris Services (PRIM) as of Q2 2023, up from 170 in Q1 2023.
- Funds reported $1.46B of Primoris Services stock for Q2 2023, up 24% quarter-over-quarter.
- 29 funds opened new Primoris Services positions in Q2 2023 and 19 closed out, a net change of +10 holders.
- The largest Primoris Services buyer in Q2 2023 was Driehaus Capital Management, an estimated $17.3M added.
- The largest Primoris Services seller in Q2 2023 was Bridgeway Capital Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2023.