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 ($17.0m this quarter). Holder counts are more reliable. Shares outstanding: 370.3m as of 2025-11-03, 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 ≈ $16.35. Options: 21 managers hold calls ($123.6m notional), 14 hold puts ($40.7m).
Trends to Q4 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 |
| Q2 2025 | 397 |
| Q3 2025 | 347 |
| Q4 2025 | 356 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 0 | 0 |
| Q2 2024 | 0 | 0 |
| Q3 2024 | 5 | 0 |
| Q4 2024 | 264 | 3 |
| Q1 2025 | 227 | 122 |
| Q2 2025 | 254 | 157 |
| Q3 2025 | 178 | 243 |
| Q4 2025 | 209 | 175 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $129.1m | $53.9m | 0.42 |
| Q2 2025 | $137.9m | $59.0m | 0.43 |
| Q3 2025 | $66.4m | $24.7m | 0.37 |
| Q4 2025 | $123.6m | $40.7m | 0.33 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +23.9m |
| FMR LLC | Added | +12.7m |
| AMERIPRISE FINANCIAL INC | Added | +8.0m |
| Alyeska Investment Group, L.P. | Added | +5.4m |
| JANE STREET GROUP, LLC | Added | +5.0m |
| Rubric Capital Management LP | New | +3.6m |
| MORGAN STANLEY | Added | +2.7m |
| Clearline Capital LP | Added | +2.4m |
| Point72 Asset Management, L.P. | Added | +1.9m |
| DEUTSCHE BANK AG\ | Added | +1.8m |
Biggest sellers
| VIKING GLOBAL INVESTORS LP | Sold out | -23.0m |
| D1 Capital Partners L.P. | Sold out | -11.8m |
| Third Point LLC | Sold out | -5.8m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -4.9m |
| JPMORGAN CHASE & CO | Reduced | -4.0m |
| SAMLYN CAPITAL, LLC | Reduced | -3.8m |
| Qube Research & Technologies Ltd | Reduced | -2.2m |
| Assenagon Asset Management S.A. | Reduced | -1.8m |
| Holocene Advisors, LP | Reduced | -1.7m |
| MAVERICK CAPITAL LTD | Reduced | -1.6m |
Biggest calls
| MAPLELANE CAPITAL, LLC | New | $26.9m1.6m shares |
| Palestra Capital Management LLC | New | $16.7m1.0m shares |
| Hiddenite Capital Partners LP | Added | $16.4m1.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.7m713.8k shares |
| BARCLAYS PLC | Unchanged | $8.2m500.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $7.8m475.0k shares |
| JANE STREET GROUP, LLC | Added | $7.3m446.4k shares |
| Walleye Capital LLC | Added | $7.0m428.8k shares |
| J. Goldman & Co LP | New | $5.2m319.2k shares |
| NOMURA HOLDINGS INC | New | $4.9m300.0k shares |
Biggest puts
| J. Goldman & Co LP | New | $8.4m515.0k shares |
| BARCLAYS PLC | Unchanged | $8.2m500.0k shares |
| SIMPLEX TRADING, LLC | Added | $3.8m234.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.8m232.7k shares |
| Verition Fund Management LLC | New | $3.3m200.0k shares |
| CITADEL ADVISORS LLC | Added | $2.8m171.2k shares |
| JPMORGAN CHASE & CO | New | $2.8m170.0k shares |
| Walleye Capital LLC | Added | $2.7m167.9k shares |
| GROUP ONE TRADING LLC | Added | $1.6m100.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.2m72.9k 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 Q4 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 |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $1.5bn | — |
| Q2 2025 | 0 | — | 1 | $1.6bn | — |
| Q3 2025 | 3 | $595.8k | 0 | — | — |
| Q4 2025 | 4 | $3.2m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-13 | STANBROOK STEVEN P Director | Bought | $896.1k54.5k shares |
| 2025-11-12 | FOSS ERIC J Exec. Chair and CEO, director | Bought | $80.3k5.0k shares |
| 2025-11-11 | FOSS ERIC J Exec. Chair and CEO, director | Bought | $1.9m123.0k shares |
| 2025-11-11 | Hass David W. Chief Financial Officer · See Footnote | Bought | $249.9k15.9k shares |
| 2025-11-10 | Cramer Michael John Director | Bought | $78.7k5.0k 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, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| One Rock Capital Partners, LLC 100.00% of their portfolio | 116.2m $1.9bn | First filing |
| FMR LLC 0.03% of their portfolio | 36.2m $592.1m | Added +12.7m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.81% of their portfolio | 28.9m $472.7m | Added +23.9m |
| VANGUARD GROUP INC 0.01% of their portfolio | 23.0m $376.5m | Added +1.1m |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 13.1m $214.4m | Added +8.0m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.58% of their portfolio | 12.6m $206.5m | Added +793.0k |
| BlackRock, Inc. 0.00% of their portfolio | 11.2m $183.3m | Reduced -270.1k |
| Point72 Asset Management, L.P. 0.16% of their portfolio | 6.3m $103.5m | Added +1.9m |
| Alyeska Investment Group, L.P. 0.29% of their portfolio | 6.2m $101.7m | Added +5.4m |
| JANE STREET GROUP, LLC 0.11% of their portfolio | 5.8m $94.9m | Added +5.0m |
| Boston Partners 0.09% of their portfolio | 5.3m $87.2m | Reduced -83.5k |
| MORGAN STANLEY 0.00% of their portfolio | 4.9m $79.3m | Added +2.7m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 4.8m $78.1m | Added +584.8k |
| Pertento Partners LLP 8.14% of their portfolio | 4.5m $74.1m | Added +1.7m |
| NORGES BANK 0.01% of their portfolio | 4.5m $74.1m | Not comparable |
| Allspring Global Investments Holdings, LLC 0.12% of their portfolio | 4.5m $72.3m | Added +219.8k |
| STATE STREET CORP 0.00% of their portfolio | 4.4m $72.4m | Added +12.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 4.3m $70.0m | Reduced -371.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 4.3m $69.6m | Added +11.6k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 4.1m $66.4m | Added +1.5m |
| Palestra Capital Management LLC 2.32% of their portfolio | 4.0m $65.4m | Reduced -1.1m |
| SAMLYN CAPITAL, LLC 1.03% of their portfolio | 3.9m $64.3m | Reduced -3.8m |
| Squarepoint Ops LLC 0.12% of their portfolio | 3.6m $59.6m | Added +31.1k |
| Rubric Capital Management LP 0.71% of their portfolio | 3.6m $59.3m | New |
| Clarkston Capital Partners, LLC 1.32% of their portfolio | 3.5m $56.8m | Added +1.2m |
| M.D. Sass, LLC 4.37% of their portfolio | 3.4m $55.5m | Added +930.3k |
| KBC Group NV 0.13% of their portfolio | 3.4m $55.3m | Added +376.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.4m $55.0m | Reduced -4.0m |
| UBS Group AG 0.01% of their portfolio | 2.8m $46.4m | Added +325.6k |
| MAPLELANE CAPITAL, LLC 2.43% of their portfolio | 2.6m $42.7m | Reduced -9.0k |
| Clearline Capital LP 3.07% of their portfolio | 2.5m $40.8m | Added +2.4m |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 2.4m $39.7m | Added +79.9k |
| BAMCO INC /NY/ 0.10% of their portfolio | 2.3m $36.8m | Unchanged |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.8m $29.8m | Added +1.8m |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.54% of their portfolio | 1.7m $28.4m | Reduced -50.0k |
| Man Group plc 0.05% of their portfolio | 1.6m $25.8m | Reduced -1.4m |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 1.5m $25.3m | Added +1.5m |
| PALISADE CAPITAL MANAGEMENT, LP 0.75% of their portfolio | 1.5m $25.3m | Added +41.2k |
| Nuveen, LLC 0.01% of their portfolio | 1.5m $25.1m | Reduced -929.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.5m $24.4m | Added +1.2k |
| Simcoe Capital Management, LLC 4.17% of their portfolio | 1.4m $23.3m | Unchanged |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 1.4m $23.1m | Reduced -2.2m |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 1.4m $22.5m | Reduced -1.8m |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.3m $21.4m | Added +429.2k |
| Park West Asset Management LLC 1.72% of their portfolio | 1.2m $20.4m | Reduced -350.0k |
| Coliseum Capital Management, LLC 1.63% of their portfolio | 1.2m $19.9m | New |
| Bayberry Capital Partners LP 6.32% of their portfolio | 1.2m $19.6m | Added +257.7k |
| Gotham Asset Management, LLC 0.07% of their portfolio | 1.2m $19.1m | Added +155.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $19.0m | Reduced -24.7k |
| Zimmer Partners, LP 0.49% of their portfolio | 1.1m $18.4m | Reduced -1.3m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.1m $18.0m | Reduced -613.8k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.11% of their portfolio | 1.0m $16.6m | Reduced -10.7k |
| BWCP, LP 2.72% of their portfolio | 1.0m $16.4m | Added +70.0k |
| Legal & General Group Plc 0.00% of their portfolio | 964.0k $15.8m | Added +3.4k |
| Troluce Capital Advisors LLC 11.54% of their portfolio | 956.0k $15.6m | Added +456.0k |
| BARCLAYS PLC 0.01% of their portfolio | 881.8k $14.4m | Added +278.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 880.6k $14.4m | Added +140.1k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 1.17% of their portfolio | 868.1k $14.2m | Reduced -132.9k |
| Holocene Advisors, LP 0.03% of their portfolio | 815.0k $13.3m | Reduced -1.7m |
| HRT FINANCIAL LP 0.05% of their portfolio | 812.0k $13.3m | Added +800.3k |
| SCOPIA CAPITAL MANAGEMENT LP 2.70% of their portfolio | 779.7k $12.7m | Reduced -199.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 747.6k $12.2m | Reduced -1.0m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 739.6k $12.1m | Added +127.7k |
| Aberdeen Group plc 0.02% of their portfolio | 734.9k $12.0m | New |
| DEPRINCE RACE & ZOLLO INC 0.22% of their portfolio | 707.0k $11.6m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 681.9k $11.1m | Added +367.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 679.0k $11.1m | Reduced -305.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 644.9k $10.5m | Added +123.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 638.0k $10.4m | Added +78.0k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 630.0k $10.3m | New |
| CastleKnight Management LP 0.58% of their portfolio | 625.6k $10.2m | Added +506.6k |
| Polar Asset Management Partners Inc. 0.19% of their portfolio | 600.7k $9.8m | New |
| Verition Fund Management LLC 0.05% of their portfolio | 600.2k $9.8m | Reduced -300.0k |
| FIDUCIENT ADVISORS LLC 1.18% of their portfolio | 584.7k $9.6m | New |
| NOMURA HOLDINGS INC 0.02% of their portfolio | 535.5k $8.8m | Added +501.1k |
| Swiss National Bank 0.00% of their portfolio | 478.8k $7.8m | Added +8.3k |
| HEARTLAND ADVISORS INC 0.42% of their portfolio | 477.1k $7.8m | Added +233.8k |
| Solas Capital Management, LLC 4.27% of their portfolio | 460.6k $7.5m | New |
| Aristotle Capital Boston, LLC 0.38% of their portfolio | 424.2k $6.9m | Added +345.8k |
| Eurizon Capital SGR S.p.A. 0.02% of their portfolio | 415.5k $6.8m | First filing |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.03% of their portfolio | 401.0k $6.6m | Added +361.5k |
| Amundi 0.00% of their portfolio | 396.6k $6.5m | Reduced -188.4k |
| CORBYN INVESTMENT MANAGEMENT INC/MD 1.87% of their portfolio | 391.6k $6.4m | Added +28.9k |
| Skye Global Management LP 0.13% of their portfolio | 388.5k $6.4m | Added +133.5k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 1.36% of their portfolio | 373.5k $6.1m | New |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 347.0k $5.7m | New |
| Invesco Ltd. 0.00% of their portfolio | 328.0k $5.4m | Added +39.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 314.1k $5.1m | Added +142.7k |
| Bullseye Asset Management LLC 2.65% of their portfolio | 300.4k $4.9m | Added +15.2k |
| INTACT INVESTMENT MANAGEMENT INC. 0.14% of their portfolio | 291.1k $4.8m | Reduced -80.4k |
| SIMPLEX TRADING, LLC 0.13% of their portfolio | 290.5k $4.7m | Added +288.1k |
| Samjo Management, LLC 1.73% of their portfolio | 273.0k $4.5m | Added +167.9k |
| Aperture Investors, LLC 0.61% of their portfolio | 269.2k $4.4m | Added +52.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.11% of their portfolio | 268.6k $4.4m | Added +82.9k |
| FIDEURAM - INTESA SANPAOLO PRIVATE BANKING S.P.A. 0.15% of their portfolio | 252.0k $4.1m | First filing |
| MARSHALL WACE, LLP 0.00% of their portfolio | 250.4k $4.1m | New |
| Ghisallo Capital Management LLC 0.18% of their portfolio | 250.0k $4.1m | Unchanged |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 248.5k $4.1m | Added +66.5k |
| Walleye Trading LLC 0.06% of their portfolio | 243.3k $4.0m | New |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 242.1k $4.0m | Added +234.1k |