Primoris Services
PRIM
240 hedge funds and large institutions have $2.09B invested in Primoris Services in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 77 increasing their positions, 88 reducing their positions, and 28 closing their positions.
62,129% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $21K
57% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 28
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
28% more capital invested
Capital invested by funds: $1.63B → $2.09B (+$461M)
6% more funds holding
Funds holding: 227 → 240 (+13)
0.32% more ownership
Funds ownership: 91.99% → 92.3% (+0.32%)
13% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$20.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$18.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.3M |
| 4 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$10.2M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$9.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$16.9M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$11.8M |
| 3 |
BlackRock
New York
|
-$11.3M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$10.8M |
| 5 |
Morgan Stanley
New York
|
-$8.12M |
PRIM Hedge Fund Activity: Q1 2024 in Review
240 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Primoris Services (PRIM) for Q1 2024, worth a combined $2.09B — up 28% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PRIM positions and 28 closed out — a net gain of 16 holders — while 77 added to existing stakes and 88 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $20.2M. The largest seller was Charles Schwab, cutting an estimated $16.9M.
- 240 institutional investors held Primoris Services (PRIM) as of Q1 2024, up from 227 in Q4 2023.
- Funds reported $2.09B of Primoris Services stock for Q1 2024, up 28% quarter-over-quarter.
- 44 funds opened new Primoris Services positions in Q1 2024 and 28 closed out, a net change of +16 holders.
- The largest Primoris Services buyer in Q1 2024 was Intrinsic Edge Capital Management, an estimated $20.2M added.
- The largest Primoris Services seller in Q1 2024 was Charles Schwab, an estimated $16.9M sold.
Based on aggregated 13F filings for Q1 2024.