Primoris Services
PRIM
227 hedge funds and large institutions have $1.63B invested in Primoris Services in 2023 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 78 increasing their positions, 72 reducing their positions, and 16 closing their positions.
206% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 16
125% more call options, than puts
Call options by funds: $126K | Put options by funds: $56K
16% more funds holding
Funds holding: 195 → 227 (+32)
1.2% more ownership
Funds ownership: 90.79% → 91.99% (+1.2%)
8% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 72
3% more capital invested
Capital invested by funds: $1.58B → $1.63B (+$45.8M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$29.2M |
| 2 |
BlackRock
New York
|
+$17.2M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$10.5M |
| 4 |
Goldman Sachs
New York
|
+$9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$30.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$14.6M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$9.86M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.98M |
PRIM Hedge Fund Activity: Q4 2023 in Review
227 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q4 2023, worth a combined $1.63B — up 2.9% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PRIM positions and 16 closed out — a net gain of 33 holders — while 78 added to existing stakes and 72 trimmed.
The largest buyer was Millennium Management, adding an estimated $29.2M. The largest seller was Wellington Management Group, cutting an estimated $30.1M.
- 227 institutional investors held Primoris Services (PRIM) as of Q4 2023, up from 195 in Q3 2023.
- Funds reported $1.63B of Primoris Services stock for Q4 2023, up 2.9% quarter-over-quarter.
- 49 funds opened new Primoris Services positions in Q4 2023 and 16 closed out, a net change of +33 holders.
- The largest Primoris Services buyer in Q4 2023 was Millennium Management, an estimated $29.2M added.
- The largest Primoris Services seller in Q4 2023 was Wellington Management Group, an estimated $30.1M sold.
Based on aggregated 13F filings for Q4 2023.