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Perimeter Solutions

120 hedge funds and large institutions have $1.27B invested in Perimeter Solutions in 2022 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 29 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 10

76% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 29

15% more funds holding

Funds holding: 104120 (+16)

1.97% more ownership

Funds ownership: 95.52%97.49% (+2%)

25% less capital invested

Capital invested by funds: $1.69B → $1.27B (-$420M)

56% less funds holding in top 10

Funds holding in top 10: 94 (-5)

Holders
120
Holders Change
+16
Holders Change %
+15.38%
% of All Funds
2.07%
Holding in Top 10
4
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-55.56%
% of All Funds
0.07%
New
26
Increased
51
Reduced
29
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WPL
1
WINDACRE PARTNERSHIP LLC
Texas
$173M
Select Equity Group
2
Select Equity Group
New York
$111M +$2.38M +231,067 +2%
Principal Financial Group
3
Principal Financial Group
Iowa
$86.6M +$7.59M +735,712 +7%
BlackRock
4
BlackRock
New York
$68.7M +$24.1M +2,340,453 +38%
Capital Research Global Investors
5
Capital Research Global Investors
California
$65.9M -$34.6M -3,357,795 -29%
MG
6
Meritage Group
California
$64.1M
MCMC
7
Matrix Capital Management Company
New Hampshire
$59.8M
BBHC
8
Brown Brothers Harriman & Co
New York
$56.2M +$939K +91,106 +1%
SPC
9
Slate Path Capital
New York
$56.1M +$10.3M +1,001,101 +17%
Alyeska Investment Group
10
Alyeska Investment Group
Illinois
$52.8M +$2.66M +258,437 +4%
TP
11
Third Point
New York
$46.1M -$1.03M -100,000 -2%
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$43.4M +$27.8M +2,697,818 +99%
Capital World Investors
13
Capital World Investors
California
$36.1M
JP Morgan Chase
14
JP Morgan Chase
New York
$27.7M +$33.8M +3,276,551 +1,863%
SIG
15
Senator Investment Group
New York
$26M -$24.5M -2,380,000 -42%
Vanguard Group
16
Vanguard Group
Pennsylvania
$25.7M +$20.9M +2,025,116 +171%
RP
17
Repertoire Partners
New York
$24.7M +$19.9M +1,929,644 +167%
PTC
18
Petrus Trust Company
Texas
$21.6M
State Street
19
State Street
Massachusetts
$19.6M +$6.82M +661,808 +37%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$19.5M +$13.8M +1,335,988 +121%
Primecap Management
21
Primecap Management
California
$17.9M -$976K -94,680 -4%
ET
22
Equitable Trust
Tennessee
$16.5M +$21.3M +2,066,063 New
WIM
23
Weitz Investment Management
Nebraska
$16.4M -$516K -50,000 -2%
ECAM
24
East Coast Asset Management
Massachusetts
$9.56M -$17.2M -1,670,693 -58%
Northern Trust
25
Northern Trust
Illinois
$9.09M +$2.48M +240,851 +27%

PRM Hedge Fund Activity: Q3 2022 in Review

120 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Perimeter Solutions (PRM) for Q3 2022, worth a combined $1.27B — down 25% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new PRM positions and 10 closed out — a net gain of 16 holders — while 51 added to existing stakes and 29 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $33.8M. The largest seller was Stockbridge Partners, cutting an estimated $36.3M.

  • 120 institutional investors held Perimeter Solutions (PRM) as of Q3 2022, up from 104 in Q2 2022.
  • Funds reported $1.27B of Perimeter Solutions stock for Q3 2022, down 25% quarter-over-quarter.
  • 26 funds opened new Perimeter Solutions positions in Q3 2022 and 10 closed out, a net change of +16 holders.
  • The largest Perimeter Solutions buyer in Q3 2022 was JP Morgan Chase, an estimated $33.8M added.
  • The largest Perimeter Solutions seller in Q3 2022 was Stockbridge Partners, an estimated $36.3M sold.

Based on aggregated 13F filings for Q3 2022.