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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.

New
Increased
Maintained
Reduced
Closed

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: 130144 (+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: 43 (-1)

26% less capital invested

Capital invested by funds: $1.22B → $907M (-$317M)

Holders
144
Holders Change
+14
Holders Change %
+10.77%
% of All Funds
2.26%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
27
Increased
68
Reduced
32
Closed
12
Calls
$625K
Puts
$6K
Net Calls
+$619K
Net Calls Change
+$534K
Name Holding Trade Value Shares
Change
Change in
Stake
WPL
1
WINDACRE PARTNERSHIP LLC
Texas
$133M
Select Equity Group
2
Select Equity Group
New York
$84.1M -$14.5M -2,161,314 -14%
BlackRock
3
BlackRock
New York
$65.7M +$13.5M +2,017,199 +23%
Principal Financial Group
4
Principal Financial Group
Iowa
$65.6M -$1.31M -196,034 -2%
JP Morgan Chase
5
JP Morgan Chase
New York
$50.6M +$1.21M +180,643 +2%
MG
6
Meritage Group
California
$49.2M
MCMC
7
Matrix Capital Management Company
New Hampshire
$45.9M
SPC
8
Slate Path Capital
New York
$42.2M -$1.92M -287,099 -4%
BBHC
9
Brown Brothers Harriman & Co
New York
$40.5M
Vanguard Group
10
Vanguard Group
Pennsylvania
$20.6M +$1.03M +153,912 +5%
WIM
11
Weitz Investment Management
Nebraska
$19.9M +$7.55M +1,126,261 +54%
RP
12
Repertoire Partners
New York
$19.1M +$117K +17,519 +0.6%
PTC
13
Petrus Trust Company
Texas
$18.4M +$2.01M +300,000 +11%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$18.3M +$3.08M +460,405 +18%
State Street
15
State Street
Massachusetts
$17.9M +$2.23M +332,313 +13%
Janus Henderson Group
16
Janus Henderson Group
United Kingdom
$16.7M -$63K -9,408 -0.3%
American Century Companies
17
American Century Companies
Missouri
$13.8M +$4.14M +618,103 +38%
Primecap Management
18
Primecap Management
California
$12.2M -$328K -49,000 -2%
ET
19
Equitable Trust
Tennessee
$10.5M -$1.94M -288,954 -14%
Alyeska Investment Group
20
Alyeska Investment Group
Illinois
$10.4M -$30.8M -4,591,742 -73%
SIG
21
Senator Investment Group
New York
$10.1M -$335K -50,000 -3%
DDC
22
DF Dent & Co
Maryland
$9.38M +$6.04M +902,229 +145%
PI
23
Pennant Investors
New Jersey
$9.33M +$4.36M +650,837 +75%
Northern Trust
24
Northern Trust
Illinois
$8.7M +$2.06M +308,031 +28%
ECAM
25
East Coast Asset Management
Massachusetts
$7.98M -$1.15M -171,388 -12%

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.