Perimeter Solutions
147 hedge funds and large institutions have $600M invested in Perimeter Solutions in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 58 increasing their positions, 35 reducing their positions, and 27 closing their positions.
446% more call options, than puts
Call options by funds: $71K | Put options by funds: $13K
66% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 35
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 27
4% more funds holding
Funds holding: 142 → 147 (+5)
5% less ownership
Funds ownership: 90.36% → 85.37% (-5%)
5% less capital invested
Capital invested by funds: $634M → $600M (-$34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.58M |
| 2 |
BlackRock
New York
|
+$2.95M |
| 3 |
PI
Pennant Investors
Summit,
New Jersey
|
+$2.69M |
| 4 |
Citigroup
New York
|
+$2.39M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$40.9M |
| 2 |
SPC
Slate Path Capital
New York
|
-$10.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$5.21M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$3.38M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.06M |
PRM Hedge Fund Activity: Q4 2023 in Review
147 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Perimeter Solutions (PRM) for Q4 2023, worth a combined $600M — down 5.4% from $634M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PRM positions and 27 closed out — a net gain of 6 holders — while 58 added to existing stakes and 35 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.58M. The largest seller was Select Equity Group, exiting entirely with an estimated $40.9M sold.
- 147 institutional investors held Perimeter Solutions (PRM) as of Q4 2023, up from 142 in Q3 2023.
- Funds reported $600M of Perimeter Solutions stock for Q4 2023, down 5.4% quarter-over-quarter.
- 33 funds opened new Perimeter Solutions positions in Q4 2023 and 27 closed out, a net change of +6 holders.
- The largest Perimeter Solutions buyer in Q4 2023 was Morgan Stanley, an estimated $4.58M added.
- The largest Perimeter Solutions seller in Q4 2023 was Select Equity Group, an estimated $40.9M sold.
Based on aggregated 13F filings for Q4 2023.