PRIMORIS SVCS CORP PRIM
COM · Common Stock · CUSIP 74164F103
American construction and infrastructure company
* 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 ($11.0m this quarter). Holder counts are more reliable. Shares outstanding: 53.7m as of 2024-07-29, 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 ≈ $49.90. Options: 8 managers hold calls ($16.9m notional), 9 hold puts ($11.7m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 177 |
| Q4 2022 | 179 |
| Q1 2023 | 171 |
| Q2 2023 | 180 |
| Q3 2023 | 196 |
| Q4 2023 | 228 |
| Q1 2024 | 241 |
| Q2 2024 | 296 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 79 | 85 |
| Q1 2023 | 83 | 74 |
| Q2 2023 | 82 | 87 |
| Q3 2023 | 96 | 87 |
| Q4 2023 | 120 | 89 |
| Q1 2024 | 121 | 116 |
| Q2 2024 | 183 | 119 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $860.8k | $637.5k | 0.74 |
| Q4 2023 | $126.0k | $56.5k | 0.45 |
| Q1 2024 | $13.1m | $21.3k | 0.00 |
| Q2 2024 | $16.9m | $11.7m | 0.69 |
Biggest buyers
| MARSHALL WACE, LLP | New | +563.0k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | New | +464.9k |
| VANGUARD GROUP INC | Added | +464.7k |
| Nuveen Asset Management, LLC | Added | +355.4k |
| Bayberry Capital Partners LP | New | +336.0k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +327.4k |
| Yaupon Capital Management LP | Added | +312.9k |
| UBS Group AG | Added | +273.3k |
| Verition Fund Management LLC | Added | +264.9k |
| FIRST TRUST ADVISORS LP | Added | +247.1k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| FMR LLC | Reduced | -1.2m |
| MORGAN STANLEY | Reduced | -982.9k |
| Mirae Asset Global Investments Co., Ltd. | Sold out | -503.0k |
| GW&K Investment Management, LLC | Reduced | -403.5k |
| Van Berkom & Associates Inc. | Reduced | -397.8k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Reduced | -310.9k |
| FRANKLIN RESOURCES INC | Reduced | -266.6k |
| AMERIPRISE FINANCIAL INC | Reduced | -263.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC | Sold out | -261.5k |
Biggest calls
| TORNO CAPITAL, LLC | Added | $11.0m220.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.5m49.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m27.2k shares |
| CITADEL ADVISORS LLC | Reduced | $753.3k15.1k shares |
| Walleye Capital LLC | New | $553.8k11.1k shares |
| JANE STREET GROUP, LLC | New | $513.9k10.3k shares |
| VISTA INVESTMENT PARTNERS LLC | New | $279.4k5.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $3.1m63.0k shares |
| CITADEL ADVISORS LLC | Added | $2.5m49.3k shares |
| SIMPLEX TRADING, LLC | New | $2.0m40.9k shares |
| Symmetry Investments LP | New | $2.0m40.0k shares |
| TORNO CAPITAL, LLC | New | $997.8k20.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $399.1k8.0k shares |
| JANE STREET GROUP, LLC | New | $349.2k7.0k shares |
| Walleye Capital LLC | New | $319.3k6.4k 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 |
|---|---|
| BlackRock, Inc. 13G · institution -3.0 pts · filed 2026-07-29 | 11.7% |
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution new · filed 2026-08-13 | 8.6% |
| FIRST TRUST PORTFOLIOS LP 13G · institution new · filed 2026-04-27 | 6.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution -1.1 pts · filed 2026-07-31 | 5.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.0% |
Fell to 5% or below in the last year: FULLER & THALER ASSET MANAGEMENT, INC. (0.0%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $368.1k | — |
| Q1 2023 | 0 | — | 2 | $442.7k | — |
| Q2 2023 | 0 | — | 2 | $1.3m | — |
| Q3 2023 | 0 | — | 3 | $1.5m | — |
| Q4 2023 | 0 | — | 3 | $2.1m | — |
| Q1 2024 | 0 | — | 3 | $2.0m | — |
| Q2 2024 | 0 | — | 5 | $3.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-14 | King David Lee Director | Sold | $132.2k2.5k shares |
| 2024-06-12 | MASHINSKI CARLA S Director | Sold | $209.4k3.9k shares |
| 2024-05-23 | Schauerman John P. Director · By Trust | Sold | $266.0k5.0k shares |
| 2024-05-22 | Schauerman John P. Director · By Trust | Sold | $529.1k10.0k shares |
| 2024-05-20 | Schauerman John P. Director · By Trust | Sold | $778.8k15.0k shares |
| 2024-05-13 | Perisich John M. CHIEF LEGAL AND ADMIN OFFICER | Sold | $663.5k13.4k shares |
| 2024-05-10 | McCormick Thomas Edward CEO & PRESIDENT, director | Sold | $494.7k10.0k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 5.6m $278.8m | Added +464.7k |
| BlackRock Inc. 0.01% of their portfolio | 5.2m $257.4m | Reduced -24.7k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 3.6m $178.7m | Reduced -37.5k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 2.7m $134.1m | Reduced -266.6k |
| Invesco Ltd. 0.02% of their portfolio | 1.6m $80.0m | Added +67.5k |
| Van Berkom & Associates Inc. 2.06% of their portfolio | 1.4m $69.0m | Reduced -397.8k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $63.8m | Added +35.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $60.1m | Added +35.0k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 950.4k $47.4m | Added +131.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 928.6k $46.3m | Reduced -28.7k |
| MORGAN STANLEY 0.00% of their portfolio | 923.0k $46.0m | Reduced -982.9k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 902.4k $45.0m | Added +247.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.19% of their portfolio | 875.4k $43.7m | Added +171.8k |
| GW&K Investment Management, LLC 0.40% of their portfolio | 867.5k $43.3m | Reduced -403.5k |
| Verition Fund Management LLC 0.32% of their portfolio | 831.9k $41.5m | Added +264.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 680.6k $34.0m | Added +355.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.08% of their portfolio | 680.2k $33.9m | First filing |
| Diameter Capital Partners LP 7.67% of their portfolio | 663.1k $33.1m | Added +13.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 614.3k $30.6m | Reduced -98.0k |
| BRUNI J V & CO /CO 3.62% of their portfolio | 582.3k $29.1m | Reduced -1.2k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 563.0k $28.1m | New |
| Yaupon Capital Management LP 2.43% of their portfolio | 545.2k $27.2m | Added +312.9k |
| LORD, ABBETT & CO. LLC 0.04% of their portfolio | 535.1k $26.7m | Added +93.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 515.8k $25.7m | Added +92.4k |
| Boston Partners 0.03% of their portfolio | 497.5k $25.1m | Reduced -39.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 467.0k $23.3m | Reduced -68.5k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.07% of their portfolio | 464.9k $23.2m | New |
| VALUE HOLDINGS MANAGEMENT CO. LLC 4.21% of their portfolio | 461.7k $23.0m | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 442.7k $22.1m | Reduced -1.2m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 439.5k $21.9m | Reduced -240.6k |
| LSV ASSET MANAGEMENT 0.04% of their portfolio | 405.3k $20.2m | Reduced -177.5k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 379.7k $18.9m | Added +83.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 370.9k $18.5m | Added +91.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 366.5k $18.3m | Added +327.4k |
| UBS Group AG 0.01% of their portfolio | 346.6k $17.3m | Added +273.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 340.6k $17.0m | Added +18.4k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 337.1k $16.8m | Reduced -155.4k |
| Bayberry Capital Partners LP 4.25% of their portfolio | 336.0k $16.8m | New |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 311.4k $15.5m | Added +5.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 308.5k $15.4m | Reduced -1.7k |
| NORGES BANK 0.00% of their portfolio | 303.5k $15.1m | Reduced -188.4k |
| ROYCE & ASSOCIATES LP 0.14% of their portfolio | 301.0k $15.0m | Reduced -51.6k |
| Phocas Financial Corp. 1.70% of their portfolio | 298.6k $14.9m | Reduced -5.7k |
| 12th Street Asset Management Company, LLC 2.49% of their portfolio | 273.7k $13.7m | Added +177.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 269.9k $13.5m | Reduced -263.8k |
| Dana Investment Advisors, Inc. 0.42% of their portfolio | 248.7k $12.4m | Reduced -28.2k |
| Nishkama Capital, LLC 1.79% of their portfolio | 239.9k $12.0m | Added +210.1k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.14% of their portfolio | 236.8k $11.8m | Reduced -310.9k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 232.6k $11.6m | Reduced -81.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 231.1k $11.5m | Added +10.0k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.64% of their portfolio | 209.9k $10.5m | Unchanged |
| Cubist Systematic Strategies, LLC 0.18% of their portfolio | 206.0k $10.3m | Added +41.8k |
| HEARTLAND ADVISORS INC 0.56% of their portfolio | 200.0k $10.0m | Unchanged |
| EAGLE ASSET MANAGEMENT INC 0.05% of their portfolio | 192.6k $9.2m | Reduced -3.2k |
| DECADE RENEWABLE PARTNERS LP 4.67% of their portfolio | 192.1k $9.6m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 184.2k $9.2m | Added +86.9k |
| ALGERT GLOBAL LLC 0.28% of their portfolio | 171.4k $8.6m | Reduced -2.6k |
| Keeley-Teton Advisors, LLC 1.08% of their portfolio | 168.6k $8.4m | Reduced -38.4k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 1.44% of their portfolio | 154.4k $7.7m | Reduced -25.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 147.2k $7.3m | Added +116.4k |
| Arosa Capital Management LP 5.50% of their portfolio | 142.6k $7.1m | Reduced -21.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 140.3k $7.0m | Added +24.5k |
| Covalis Capital LLP 0.93% of their portfolio | 137.1k $6.8m | Added +50.9k |
| Tieton Capital Management, LLC 3.61% of their portfolio | 130.4k $6.5m | Reduced -61.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 129.5k $6.5m | Added +32.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 127.6k $6.4m | New |
| Portolan Capital Management, LLC 0.52% of their portfolio | 126.5k $6.3m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 119.5k $6.0m | Added +59.2k |
| A. D. Beadell Investment Counsel, Inc. 4.69% of their portfolio | 112.3k $5.6m | Reduced -4.1k |
| Global IMC LLC 1.25% of their portfolio | 111.6k $5.6m | New |
| Nicholas Investment Partners, LP 0.57% of their portfolio | 110.0k $5.5m | New |
| Swiss National Bank 0.00% of their portfolio | 105.1k $5.2m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 102.8k $5.1m | Added +11.6k |
| Trexquant Investment LP 0.08% of their portfolio | 99.5k $5.0m | Reduced -40.8k |
| Foundry Partners, LLC 0.26% of their portfolio | 98.8k $4.9m | Reduced -87.8k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 97.4k $4.9m | Added +11.5k |
| SG Americas Securities, LLC 0.03% of their portfolio | 96.3k $4.8m | Added +90.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 95.5k $4.8m | Added +23.8k |
| Grandeur Peak Global Advisors, LLC 0.37% of their portfolio | 93.1k $4.6m | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.10% of their portfolio | 90.3k $4.5m | Added +38.7k |
| Advisors Asset Management, Inc. 0.09% of their portfolio | 88.7k $4.4m | Added +5.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 85.9k $4.3m | Reduced -8.8k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 84.2k $4.2m | Reduced -104.8k |
| Informed Momentum Co LLC 0.66% of their portfolio | 81.6k $4.1m | New |
| FIL Ltd 0.00% of their portfolio | 80.0k $4.0m | New |
| TWINBEECH CAPITAL LP 0.08% of their portfolio | 76.6k $3.8m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 76.1k $3.8m | Added +17.0k |
| QRG CAPITAL MANAGEMENT, INC. 0.04% of their portfolio | 73.2k $3.7m | Added +4.4k |
| Appian Way Asset Management LP 0.92% of their portfolio | 72.1k $3.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 71.2k $3.6m | Added +1.8k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 70.8k $3.5m | Added +6.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 64.2k $3.2m | Reduced -38.4k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 64.0k $3.2m | Added +32.3k |
| 1492 Capital Management LLC 1.78% of their portfolio | 63.1k $3.1m | Reduced -220 |
| Tidal Investments LLC 0.04% of their portfolio | 62.6k $3.1m | Added +34.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 60.3k $3.0m | Reduced -59.7k |
| HANTZ FINANCIAL SERVICES, INC. 0.06% of their portfolio | 59.1k $3.0m | Reduced -696 |
| Jump Financial, LLC 0.06% of their portfolio | 58.5k $2.9m | New |
| Legal & General Group Plc 0.00% of their portfolio | 57.8k $2.9m | Added +3.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 57.5k $2.9m | New |