PRIMO BRANDS CORPORATION PRMB
CLASS A COM SHS · Common Stock · CUSIP 741623102
- SectorConsumer staples
- IndustryBeverages
- HeadquartersTampa, FL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.1m this quarter). Holder counts are more reliable. Shares outstanding: 376.4m as of 2025-05-05, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $35.49. Options: 12 managers hold calls ($129.1m notional), 7 hold puts ($53.9m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1 |
| Q4 2022 | 1 |
| Q1 2023 | 1 |
| Q2 2023 | 1 |
| Q3 2023 | 1 |
| Q4 2023 | 1 |
| Q1 2024 | 1 |
| Q2 2024 | 2 |
| Q3 2024 | 6 |
| Q4 2024 | 280 |
| Q1 2025 | 350 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 0 | 0 |
| Q3 2023 | 0 | 0 |
| Q4 2023 | 0 | 0 |
| Q1 2024 | 0 | 0 |
| Q2 2024 | 0 | 0 |
| Q3 2024 | 5 | 0 |
| Q4 2024 | 264 | 3 |
| Q1 2025 | 227 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $0 | $0 | — |
| Q3 2024 | $0 | $0 | — |
| Q4 2024 | $36.8m | $6.6m | 0.18 |
| Q1 2025 | $129.1m | $53.9m | 0.42 |
Biggest buyers
| Boston Partners | Added | +7.0m |
| AXIOM INVESTORS LLC /DE | New | +6.5m |
| D1 Capital Partners L.P. | New | +5.2m |
| VICTORY CAPITAL MANAGEMENT INC | New | +5.2m |
| VIKING GLOBAL INVESTORS LP | New | +5.0m |
| CITADEL ADVISORS LLC | Added | +4.6m |
| VANGUARD GROUP INC | Added | +4.4m |
| SAMLYN CAPITAL, LLC | Added | +3.7m |
| Zimmer Partners, LP | New | +2.6m |
| BlackRock, Inc. | Added | +2.5m |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -4.2m |
| Skye Global Management LP | Reduced | -1.8m |
| DEPRINCE RACE & ZOLLO INC | Sold out | -1.6m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.4m |
| JPMORGAN CHASE & CO | Reduced | -1.3m |
| Allspring Global Investments Holdings, LLC | Reduced | -1.2m |
| FMR LLC | Reduced | -840.1k |
| J. Goldman & Co LP | Sold out | -837.9k |
| MOORE CAPITAL MANAGEMENT, LP | Reduced | -831.6k |
| JANE STREET GROUP, LLC | Reduced | -682.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $47.8m1.3m shares |
| Zimmer Partners, LP | New | $31.8m895.0k shares |
| JANE STREET GROUP, LLC | Added | $26.3m742.0k shares |
| GOLDMAN SACHS GROUP INC | New | $8.9m250.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.0m196.5k shares |
| SIMPLEX TRADING, LLC | Added | $4.2m118.0k shares |
| GROUP ONE TRADING LLC | Reduced | $1.9m52.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $773.1k21.9k shares |
| IMC-Chicago, LLC | New | $365.5k10.3k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $216.5k6.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $49.9m1.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.8m79.5k shares |
| Walleye Capital LLC | Unchanged | $482.7k13.6k shares |
| Walleye Trading LLC | Unchanged | $337.2k9.5k shares |
| SIMPLEX TRADING, LLC | Added | $312.0k8.8k shares |
| GROUP ONE TRADING LLC | New | $42.6k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
ORCP III DE TopCo GP, LLC
13D · may seek influence
-4.9 pts · filed 2026-08-10
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: August 2026 Underwriting Agreement & Repurchase Transaction On August 6, 2026, the Issuer, Triton Water Equity Holdings, LP and Morgan Stanley & Co. LLC, acting as underwriter (the "Underwriter"), entered into an Underwriting Agreement (the "August 2026 Underwriting Agreement"), pursuant to which the Underwriter agreed to purchase 20,000,000 shares of Class A Common Stock from Triton Water Equity Holdings, LP, subject to and upon the terms and conditions set forth therein, at a price of $24.37 per share (the "August 2026 Transaction"). On August 7, 2026, the August 2026 Transaction closed. Pursuant to the August 2026 Underwriting Agreement, the Issuer and the Reporting Persons have agreed not to sell or otherwise… Full filing |
26.5% |
| FMR LLC 13G · institution -1.1 pts · filed 2026-08-06 | 6.9% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), VIKING GLOBAL INVESTORS LP (0.0%, 2026-02-17)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $1.5bn | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-12 | Spielvogel Scott +4 10% owner · See Footnotes | Sold | $1.5bn51.8m shares |
| 2025-03-12 | Lee Tony W Director · See Footnotes | Sold | $1.5bn51.8m shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.05% of their portfolio | 20.4m $723.4m | Reduced -840.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 19.7m $699.3m | Added +4.4m |
| BlackRock, Inc. 0.01% of their portfolio | 15.0m $531.4m | Added +2.5m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 1.14% of their portfolio | 11.4m $404.7m | Added +240.1k |
| Boston Partners 0.31% of their portfolio | 7.1m $252.6m | Added +7.0m |
| EMINENCE CAPITAL, LP 4.16% of their portfolio | 7.0m $249.1m | Added +2.3m |
| AXIOM INVESTORS LLC /DE 1.10% of their portfolio | 6.5m $230.2m | New |
| CITADEL ADVISORS LLC 0.18% of their portfolio | 5.3m $187.7m | Added +4.6m |
| D1 Capital Partners L.P. 2.84% of their portfolio | 5.2m $185.4m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.19% of their portfolio | 5.2m $184.2m | New |
| VIKING GLOBAL INVESTORS LP 0.57% of their portfolio | 5.0m $178.3m | New |
| SAMLYN CAPITAL, LLC 2.72% of their portfolio | 4.7m $165.3m | Added +3.7m |
| STATE STREET CORP 0.01% of their portfolio | 4.6m $161.9m | Added +527.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.5m $160.5m | Added +1.0m |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 3.7m $131.4m | Added +1.1m |
| Southpoint Capital Advisors LP 2.99% of their portfolio | 3.5m $124.2m | Added +1.0m |
| Third Point LLC 1.55% of their portfolio | 2.8m $98.5m | Added +375.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.7m $95.2m | Reduced -1.3m |
| Zimmer Partners, LP 1.86% of their portfolio | 2.6m $91.8m | New |
| Pertento Partners LLP 10.83% of their portfolio | 2.6m $90.7m | Added +270.0k |
| MAPLELANE CAPITAL, LLC 8.31% of their portfolio | 2.5m $89.1m | Added +2.2m |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 2.4m $83.4m | Reduced -1.2m |
| NORGES BANK 0.01% of their portfolio | 2.3m $82.4m | Added +1.7m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.2m $78.7m | Reduced -55.1k |
| Senator Investment Group LP 4.15% of their portfolio | 2.2m $78.1m | Added +768.3k |
| Nitorum Capital, L.P. 10.43% of their portfolio | 2.1m $74.2m | Reduced -597.8k |
| KBC Group NV 0.23% of their portfolio | 2.1m $72.8m | Added +439.7k |
| Artisan Partners Limited Partnership 0.12% of their portfolio | 2.1m $72.8m | New |
| Ghisallo Capital Management LLC 6.31% of their portfolio | 2.0m $72.5m | New |
| MANE GLOBAL CAPITAL MANAGEMENT LP 5.63% of their portfolio | 2.0m $70.9m | New |
| Point72 Asset Management, L.P. 0.20% of their portfolio | 2.0m $70.8m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.9m $69.0m | Added +366.8k |
| MAVERICK CAPITAL LTD 1.24% of their portfolio | 1.9m $68.9m | New |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.9m $67.7m | Reduced -1.4m |
| Alyeska Investment Group, L.P. 0.27% of their portfolio | 1.9m $67.6m | Added +885.8k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.9m $67.3m | Added +149.9k |
| SCOPUS ASSET MANAGEMENT, L.P. 2.41% of their portfolio | 1.9m $66.5m | New |
| Nuveen, LLC 0.02% of their portfolio | 1.8m $65.8m | First filing |
| Holocene Advisors, LP 0.19% of their portfolio | 1.8m $64.3m | Added +1.7m |
| PALISADE CAPITAL MANAGEMENT, LP 1.80% of their portfolio | 1.8m $62.6m | Reduced -184.4k |
| UBS Group AG 0.01% of their portfolio | 1.7m $61.4m | Added +495.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.6m $57.8m | Reduced -28.7k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 1.6m $55.9m | Added +380.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.5m $53.4m | Added +303.5k |
| Burkehill Global Management, LP 3.96% of their portfolio | 1.5m $53.2m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.4m $50.2m | Added +96.4k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $49.2m | Added +148.9k |
| Newbrook Capital Advisors LP 7.12% of their portfolio | 1.3m $45.1m | Reduced -86.2k |
| LORD, ABBETT & CO. LLC 0.16% of their portfolio | 1.3m $44.4m | Added +232.3k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 1.2m $41.6m | Reduced -682.6k |
| SEVEN GRAND MANAGERS, LLC 8.29% of their portfolio | 1.0m $35.5m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 995.2k $35.3m | Added +388.5k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 3.73% of their portfolio | 976.3k $34.7m | Reduced -94.8k |
| SCOPIA CAPITAL MANAGEMENT LP 4.69% of their portfolio | 919.7k $32.5m | New |
| MOORE CAPITAL MANAGEMENT, LP 1.07% of their portfolio | 903.1k $32.1m | Reduced -831.6k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 843.3k $29.9m | Added +588.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 842.2k $29.9m | Reduced -568.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 793.6k $28.2m | Reduced -256.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 691.5k $24.5m | Reduced -487.9k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 682.0k $24.2m | Added +28.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 677.0k $24.0m | Added +331.2k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 660.3k $23.4m | Added +425.4k |
| LEVIN CAPITAL STRATEGIES, L.P. 2.45% of their portfolio | 650.5k $23.1m | Reduced -479.3k |
| OBERWEIS ASSET MANAGEMENT INC/ 1.12% of their portfolio | 632.4k $22.4m | Unchanged |
| Legal & General Group Plc 0.01% of their portfolio | 618.6k $22.0m | Added +166.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 577.6k $20.5m | Reduced -279.9k |
| Monashee Investment Management LLC 2.35% of their portfolio | 560.0k $19.9m | New |
| Verition Fund Management LLC 0.11% of their portfolio | 538.3k $19.1m | Added +20.4k |
| Driehaus Capital Management LLC 0.17% of their portfolio | 508.5k $18.0m | New |
| Jefferies Financial Group Inc. 0.31% of their portfolio | 500.0k $17.7m | New |
| SOROS FUND MANAGEMENT LLC 0.31% of their portfolio | 490.9k $17.4m | New |
| PINNBROOK CAPITAL MANAGEMENT LP 11.05% of their portfolio | 482.3k $17.1m | Added +193.0k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 465.4k $16.5m | Reduced -179.8k |
| Saraza Management, LP 4.97% of their portfolio | 460.0k $16.3m | New |
| Aperture Investors, LLC 2.44% of their portfolio | 452.7k $16.1m | New |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 427.9k $15.2m | New |
| Jain Global LLC 0.31% of their portfolio | 424.8k $15.1m | New |
| Swiss National Bank 0.01% of their portfolio | 401.9k $14.3m | Added +92.7k |
| INTACT INVESTMENT MANAGEMENT INC. 0.46% of their portfolio | 375.5k $13.3m | Added +233.5k |
| CORBYN INVESTMENT MANAGEMENT INC/MD 4.86% of their portfolio | 367.9k $13.1m | Added +1.1k |
| READYSTATE ASSET MANAGEMENT LP 0.64% of their portfolio | 357.7k $12.7m | New |
| Jump Financial, LLC 0.18% of their portfolio | 335.6k $11.9m | New |
| Man Group plc 0.03% of their portfolio | 328.6k $11.7m | Reduced -256.3k |
| Samjo Management, LLC 4.94% of their portfolio | 328.5k $11.7m | Added +3.2k |
| LPL Financial LLC 0.00% of their portfolio | 328.2k $11.6m | Added +310.3k |
| Sculptor Capital LP 0.25% of their portfolio | 308.0k $10.9m | New |
| Arvin Capital Management LP 4.02% of their portfolio | 307.7k $10.9m | New |
| LMR Partners LLP 0.21% of their portfolio | 300.0k $10.6m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 298.2k $10.6m | Added +39.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 295.8k $10.5m | Reduced -47.0k |
| Bullseye Asset Management LLC 5.47% of their portfolio | 285.3k $10.1m | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 279.9k $9.9m | Reduced -561.9k |
| Blackstone Inc. 0.04% of their portfolio | 250.0k $8.9m | New |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 250.0k $8.9m | Added +167.6k |
| Freestone Grove Partners LP 0.09% of their portfolio | 249.8k $8.9m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 247.0k $8.8m | Added +192.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 245.7k $8.7m | Added +143.1k |
| AXA S.A. 0.03% of their portfolio | 238.9k $8.5m | Added +200.0k |
| Invesco Ltd. 0.00% of their portfolio | 233.6k $8.3m | Added +103.4k |
| Advantage Alpha Capital Partners LP 1.99% of their portfolio | 229.2k $8.1m | Added +50.7k |