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Perimeter Solutions

187 hedge funds and large institutions have $1.66B invested in Perimeter Solutions in 2024 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 62 increasing their positions, 50 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,214% more call options, than puts

Call options by funds: $3.06M | Put options by funds: $71K

231% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 16

80% more funds holding in top 10

Funds holding in top 10: 59 (+4)

67% more capital invested

Capital invested by funds: $994M → $1.66B (+$663M)

25% more funds holding

Funds holding: 150187 (+37)

24% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 50

2.55% less ownership

Funds ownership: 87.36%84.81% (-2.6%)

Holders
187
Holders Change
+37
Holders Change %
+24.67%
% of All Funds
2.69%
Holding in Top 10
9
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+80%
% of All Funds
0.13%
New
53
Increased
62
Reduced
50
Closed
16
Calls
$3.06M
Puts
$71K
Net Calls
+$2.99M
Net Calls Change
+$1.97M
Name Holding Trade Value Shares
Change
Change in
Stake
WPL
1
WINDACRE PARTNERSHIP LLC
Texas
$291M
BlackRock
2
BlackRock
New York
$142M +$1.67M +160,846 +2%
Principal Financial Group
3
Principal Financial Group
Iowa
$142M -$509K -49,130 -0.5%
MG
4
Meritage Group
California
$108M
MCMC
5
Matrix Capital Management Company
New Hampshire
$90.5M -$7.64M -737,500 -10%
JP Morgan Chase
6
JP Morgan Chase
New York
$65.7M -$42.5M -4,104,625 -46%
BBHC
7
Brown Brothers Harriman & Co
New York
$49.8M -$16.8M -1,620,715 -30%
Vanguard Group
8
Vanguard Group
Pennsylvania
$46.6M +$1.38M +133,534 +4%
ECM
9
Ensemble Capital Management
California
$46.3M -$8.79M -848,585 -20%
State Street
10
State Street
Massachusetts
$44M +$67.7K +6,537 +0.2%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$42M -$41.1K -3,965 -0.1%
SIG
12
Senator Investment Group
New York
$38.3M +$7.51M +725,000 +34%
PI
13
Pennant Investors
New Jersey
$36.3M +$4.14M +400,000 +17%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$36.3M -$17.1K -1,653 -0.1%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$34.1M +$6.78M +654,875 +35%
DDC
16
DF Dent & Co
Maryland
$31.5M +$5.22M +504,146 +27%
WIM
17
Weitz Investment Management
Nebraska
$31.3M -$13.1M -1,260,500 -35%
ET
18
Equitable Trust
Tennessee
$27.5M -$614K -59,299 -3%
ECAM
19
East Coast Asset Management
Massachusetts
$27.1M +$3.51M +338,552 +20%
Primecap Management
20
Primecap Management
California
$24.8M -$203K -19,620 -1%
Bank of America
21
Bank of America
North Carolina
$24.1M +$642K +61,994 +4%
PTC
22
Petrus Trust Company
Texas
$21.4M -$11.3M -1,095,076 -41%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$18.4M +$1.12M +107,978 +9%
Morgan Stanley
24
Morgan Stanley
New York
$17.8M +$3.59M +346,644 +36%
Charles Schwab
25
Charles Schwab
California
$16.2M -$66.7K -6,438 -0.5%

PRM Hedge Fund Activity: Q3 2024 in Review

187 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Perimeter Solutions (PRM) for Q3 2024, worth a combined $1.66B — up 67% from $994M a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new PRM positions and 16 closed out — a net gain of 37 holders — while 62 added to existing stakes and 50 trimmed.

The largest buyer was Alta Fox Capital Management, opening a new position worth an estimated $9.87M. The largest seller was JP Morgan Chase, cutting an estimated $42.5M.

  • 187 institutional investors held Perimeter Solutions (PRM) as of Q3 2024, up from 150 in Q2 2024.
  • Funds reported $1.66B of Perimeter Solutions stock for Q3 2024, up 67% quarter-over-quarter.
  • 53 funds opened new Perimeter Solutions positions in Q3 2024 and 16 closed out, a net change of +37 holders.
  • The largest Perimeter Solutions buyer in Q3 2024 was Alta Fox Capital Management, an estimated $9.87M added.
  • The largest Perimeter Solutions seller in Q3 2024 was JP Morgan Chase, an estimated $42.5M sold.

Based on aggregated 13F filings for Q3 2024.