Perimeter Solutions
PRM
130 hedge funds and large institutions have $1.22B invested in Perimeter Solutions in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 21 closing their positions.
1,063% more call options, than puts
Call options by funds: $93K | Put options by funds: $8K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2% more funds holding
Funds holding: 128 → 130 (+2)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
0.55% more ownership
Funds ownership: 94.9% → 95.45% (+0.55%)
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
10% less capital invested
Capital invested by funds: $1.36B → $1.22B (-$140M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$14.5M |
| 2 |
RP
Repertoire Partners
New York
|
+$10.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.42M |
| 4 |
PI
Pennant Investors
Summit,
New Jersey
|
+$2.18M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$3.73M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.63M |
| 3 |
Jane Street
New York
|
-$2.41M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.94M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.93M |
PRM Hedge Fund Activity: Q1 2023 in Review
130 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Perimeter Solutions (PRM) for Q1 2023, worth a combined $1.22B — down 10% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new PRM positions and 21 closed out — a net gain of 2 holders — while 40 added to existing stakes and 40 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $14.5M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $3.73M.
- 130 institutional investors held Perimeter Solutions (PRM) as of Q1 2023, up from 128 in Q4 2022.
- Funds reported $1.22B of Perimeter Solutions stock for Q1 2023, down 10% quarter-over-quarter.
- 23 funds opened new Perimeter Solutions positions in Q1 2023 and 21 closed out, a net change of +2 holders.
- The largest Perimeter Solutions buyer in Q1 2023 was JP Morgan Chase, an estimated $14.5M added.
- The largest Perimeter Solutions seller in Q1 2023 was Brown Brothers Harriman & Co, an estimated $3.73M sold.
Based on aggregated 13F filings for Q1 2023.