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Perimeter Solutions

150 hedge funds and large institutions have $994M invested in Perimeter Solutions in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 51 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

334% more call options, than puts

Call options by funds: $1.33M | Put options by funds: $306K

5% more capital invested

Capital invested by funds: $950M → $994M (+$43.3M)

4% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 51

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.51% less ownership

Funds ownership: 87.88%87.36% (-0.51%)

7% less funds holding

Funds holding: 162150 (-12)

41% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 27

Holders
150
Holders Change
-12
Holders Change %
-7.41%
% of All Funds
2.17%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
16
Increased
53
Reduced
51
Closed
27
Calls
$1.33M
Puts
$306K
Net Calls
+$1.02M
Net Calls Change
+$270K
Name Holding Trade Value Shares
Change
Change in
Stake
WPL
1
WINDACRE PARTNERSHIP LLC
Texas
$169M
Principal Financial Group
2
Principal Financial Group
Iowa
$82.9M +$69.2K +9,263 +0.1%
BlackRock
3
BlackRock
New York
$81.5M -$5.76M -771,393 -7%
JP Morgan Chase
4
JP Morgan Chase
New York
$70.4M -$2.66M -356,209 -4%
MG
5
Meritage Group
California
$62.6M
MCMC
6
Matrix Capital Management Company
New Hampshire
$58.4M
BBHC
7
Brown Brothers Harriman & Co
New York
$41.7M -$2.86M -382,690 -7%
ECM
8
Ensemble Capital Management
California
$33.6M +$3.4M +454,498 +12%
WIM
9
Weitz Investment Management
Nebraska
$28.1M -$374K -50,000 -1%
Vanguard Group
10
Vanguard Group
Pennsylvania
$26.1M -$892K -119,333 -3%
State Street
11
State Street
Massachusetts
$25.6M -$245K -32,844 -1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$24.5M -$818K -109,528 -3%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$21.1M +$70.3K +9,402 +0.3%
PTC
14
Petrus Trust Company
Texas
$21M
PI
15
Pennant Investors
New Jersey
$18M
SIG
16
Senator Investment Group
New York
$16.6M +$80K +10,700 +0.5%
ET
17
Equitable Trust
Tennessee
$16.5M -$93.3K -12,492 -0.6%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$14.7M +$5.22M +698,622 +59%
Primecap Management
19
Primecap Management
California
$14.6M -$355K -47,540 -2%
DDC
20
DF Dent & Co
Maryland
$14.4M +$1.94M +259,813 +16%
Bank of America
21
Bank of America
North Carolina
$13.5M +$1.04M +139,660 +9%
ECAM
22
East Coast Asset Management
Massachusetts
$13.1M -$34.7K -4,644 -0.3%
Northern Trust
23
Northern Trust
Illinois
$10.3M -$621K -83,127 -6%
Arrowstreet Capital
24
Arrowstreet Capital
Massachusetts
$9.86M +$3.71M +496,164 +65%
Charles Schwab
25
Charles Schwab
California
$9.49M -$636K -85,083 -7%

PRM Hedge Fund Activity: Q2 2024 in Review

150 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Perimeter Solutions (PRM) for Q2 2024, worth a combined $994M — up 4.6% from $950M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of PRM and 16 opened new positions — a net loss of 11 holders — while 51 trimmed existing stakes and 53 added.

The largest buyer was Dimensional Fund Advisors, adding an estimated $5.22M. The largest seller was BlackRock, cutting an estimated $5.76M.

  • 150 institutional investors held Perimeter Solutions (PRM) as of Q2 2024, down from 162 in Q1 2024.
  • Funds reported $994M of Perimeter Solutions stock for Q2 2024, up 4.6% quarter-over-quarter.
  • 16 funds opened new Perimeter Solutions positions in Q2 2024 and 27 closed out, a net change of -11 holders.
  • The largest Perimeter Solutions buyer in Q2 2024 was Dimensional Fund Advisors, an estimated $5.22M added.
  • The largest Perimeter Solutions seller in Q2 2024 was BlackRock, an estimated $5.76M sold.

Based on aggregated 13F filings for Q2 2024.