Perimeter Solutions
144 hedge funds and large institutions have $907M invested in Perimeter Solutions in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 68 increasing their positions, 32 reducing their positions, and 12 closing their positions.
10,317% more call options, than puts
Call options by funds: $625K | Put options by funds: $6K
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
113% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 32
11% more funds holding
Funds holding: 130 → 144 (+14)
1.58% less ownership
Funds ownership: 95.45% → 93.87% (-1.6%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less capital invested
Capital invested by funds: $1.22B → $907M (-$317M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.5M |
| 2 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
+$7.55M |
| 3 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$6.04M |
| 4 |
PI
Pennant Investors
Summit,
New Jersey
|
+$4.36M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$30.8M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$27.3M |
| 3 |
Select Equity Group
New York
|
-$14.5M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$6.32M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Public Employees Retirement Association of Colorado
Denver,
Colorado
| – | -$278K | -34,410 | Closed |
|
152
Natixis Advisors
Boston,
Massachusetts
| – | -$274K | -33,943 | Closed |
|
|
BFM
153
Boothbay Fund Management
New York
| – | -$108K | -13,370 | Closed |
|
154
Mariner
Overland Park,
Kansas
| – | -$90K | -11,172 | Closed |
|
155
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8.08K | -1,000 | Closed |
|
|
C
156
Covestor
London,
United Kingdom
| – | -$7 | -1 | -5% |
|
PRM Hedge Fund Activity: Q2 2023 in Review
144 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Perimeter Solutions (PRM) for Q2 2023, worth a combined $907M — down 26% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new PRM positions and 12 closed out — a net gain of 15 holders — while 68 added to existing stakes and 32 trimmed.
The largest buyer was BlackRock, adding an estimated $13.5M. The largest seller was Alyeska Investment Group, cutting an estimated $30.8M.
- 144 institutional investors held Perimeter Solutions (PRM) as of Q2 2023, up from 130 in Q1 2023.
- Funds reported $907M of Perimeter Solutions stock for Q2 2023, down 26% quarter-over-quarter.
- 27 funds opened new Perimeter Solutions positions in Q2 2023 and 12 closed out, a net change of +15 holders.
- The largest Perimeter Solutions buyer in Q2 2023 was BlackRock, an estimated $13.5M added.
- The largest Perimeter Solutions seller in Q2 2023 was Alyeska Investment Group, an estimated $30.8M sold.
Based on aggregated 13F filings for Q2 2023.