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 ($24.2m this quarter). Holder counts are more reliable. Shares outstanding: 54.0m as of 2025-04-30, 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 ≈ $56.73. Options: 7 managers hold calls ($3.5m notional), 8 hold puts ($9.7m).
Trends to Q1 2025
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 |
| Q3 2024 | 304 |
| Q4 2024 | 359 |
| Q1 2025 | 371 |
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 | 82 | 87 |
| Q3 2023 | 96 | 87 |
| Q4 2023 | 120 | 89 |
| Q1 2024 | 121 | 116 |
| Q2 2024 | 183 | 119 |
| Q3 2024 | 151 | 146 |
| Q4 2024 | 195 | 136 |
| Q1 2025 | 218 | 175 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $16.9m | $11.7m | 0.69 |
| Q3 2024 | $10.6m | $951.9k | 0.09 |
| Q4 2024 | $10.3m | $8.8m | 0.86 |
| Q1 2025 | $3.5m | $9.7m | 2.78 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +980.9k |
| FMR LLC | Added | +771.6k |
| BlackRock, Inc. | Added | +539.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +527.2k |
| Pacer Advisors, Inc. | New | +420.4k |
| Yaupon Capital Management LP | Added | +349.6k |
| Verition Fund Management LLC | Added | +320.1k |
| Cubist Systematic Strategies, LLC | Added | +295.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +229.7k |
| TWO SIGMA INVESTMENTS, LP | Added | +205.8k |
Biggest sellers
| FRANKLIN RESOURCES INC | Reduced | -1.1m |
| Invesco Ltd. | Reduced | -957.0k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Sold out | -526.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -348.8k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Reduced | -320.6k |
| JPMORGAN CHASE & CO | Reduced | -315.3k |
| MARSHALL WACE, LLP | Reduced | -308.6k |
| 12th Street Asset Management Company, LLC | Reduced | -212.4k |
| Diameter Capital Partners LP | Sold out | -200.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -156.4k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.9m33.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $964.5k16.8k shares |
| JANE STREET GROUP, LLC | Reduced | $304.3k5.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $223.0k3.9k shares |
| GROUP ONE TRADING LLC | Reduced | $28.7k500 shares |
| Walleye Capital LLC | New | $28.7k500 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Reduced | $5.0m87.5k shares |
| CITADEL ADVISORS LLC | Added | $3.0m51.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.3m22.0k shares |
| JANE STREET GROUP, LLC | New | $275.6k4.8k shares |
| SIMPLEX TRADING, LLC | Added | $132.0k2.3k shares |
| UBS Group AG | New | $23.0k400 shares |
| GROUP ONE TRADING LLC | New | $11.5k200 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 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 | — | 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 | — |
| Q3 2024 | 0 | — | 2 | $3.1m | — |
| Q4 2024 | 0 | — | 5 | $3.8m | — |
| Q1 2025 | 0 | — | 3 | $4.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-17 | McCormick Thomas Edward PRESIDENT & CEO, director | Sold | $3.9m61.4k shares |
| 2025-03-05 | Kinch Jeremy COSO | Sold | $307.1k4.5k shares |
| 2025-03-04 | Cook Stephen C. Director | Sold | $67.9k998 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 |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 6.2m $354.1m | Reduced -77.2k |
| BlackRock, Inc. 0.01% of their portfolio | 6.1m $351.6m | Added +539.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 3.0m $171.7m | Reduced -156.4k |
| Nuveen, LLC 0.02% of their portfolio | 1.9m $75.1m | First filing |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.40% of their portfolio | 1.8m $102.4m | Added +980.9k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.3m $74.9m | Reduced -25.5k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $74.0m | Reduced -10.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.3m $72.2m | Added +40.0k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.2m $67.3m | Added +33.1k |
| Van Berkom & Associates Inc. 1.95% of their portfolio | 1.1m $60.7m | Reduced -67.0k |
| Invesco Ltd. 0.01% of their portfolio | 1.0m $59.6m | Reduced -957.0k |
| MORGAN STANLEY 0.00% of their portfolio | 790.5k $45.4m | Added +44.7k |
| FMR LLC 0.00% of their portfolio | 774.4k $44.5m | Added +771.6k |
| CONGRESS ASSET MANAGEMENT CO 0.33% of their portfolio | 765.8k $44.0m | Added +126.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 755.3k $43.4m | Added +62.4k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 728.4k $41.8m | Added +527.2k |
| GW&K Investment Management, LLC 0.32% of their portfolio | 596.7k $34.3m | Reduced -19.5k |
| UBS Group AG 0.01% of their portfolio | 590.5k $33.9m | Added +148.4k |
| Verition Fund Management LLC 0.19% of their portfolio | 562.2k $32.3m | Added +320.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 562.0k $32.3m | First filing |
| BRUNI J V & CO /CO 3.69% of their portfolio | 553.0k $31.8m | Reduced -16.5k |
| Encompass Capital Advisors LLC 1.21% of their portfolio | 547.5k $31.4m | Added +74.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 505.7k $29.0m | Reduced -39.6k |
| Boston Partners 0.03% of their portfolio | 494.9k $28.2m | Reduced -1.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 493.6k $28.3m | Added +33.9k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 464.0k $26.6m | Added +204.6k |
| VALUE HOLDINGS MANAGEMENT CO. LLC 4.97% of their portfolio | 461.7k $26.5m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 457.3k $26.3m | Reduced -315.3k |
| LORD, ABBETT & CO. LLC 0.09% of their portfolio | 430.3k $24.7m | Reduced -60.1k |
| Cubist Systematic Strategies, LLC 0.32% of their portfolio | 425.0k $24.4m | Added +295.3k |
| Pacer Advisors, Inc. 0.06% of their portfolio | 420.4k $24.1m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 392.3k $22.5m | Added +135.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% of their portfolio | 388.0k $22.3m | Reduced -348.8k |
| Yaupon Capital Management LP 1.61% of their portfolio | 381.3k $21.9m | Added +349.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.10% of their portfolio | 362.7k $20.8m | Added +9.7k |
| FEDERATED HERMES, INC. 0.04% of their portfolio | 328.8k $18.9m | Added +93.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 314.9k $18.1m | Added +229.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 308.1k $17.7m | Added +10.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 295.9k $17.0m | Reduced -14.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 258.1k $14.8m | Reduced -19.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 256.4k $14.7m | Reduced -3.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 246.1k $14.1m | Added +166.2k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 246.0k $14.1m | Added +205.8k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.70% of their portfolio | 242.9k $13.9m | Unchanged |
| ALGERT GLOBAL LLC 0.34% of their portfolio | 242.3k $13.9m | Added +13.8k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 240.2k $13.8m | Reduced -111.9k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 236.5k $13.6m | Reduced -22.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 236.2k $13.6m | Reduced -1.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 234.0k $13.4m | Reduced -535 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 233.0k $13.3m | Reduced -141.4k |
| ROYCE & ASSOCIATES LP 0.14% of their portfolio | 224.5k $12.9m | Added +23.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 222.6k $12.8m | Added +149.9k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 217.9k $12.5m | Added +198.5k |
| Trexquant Investment LP 0.14% of their portfolio | 211.4k $12.1m | Reduced -87.8k |
| Squarepoint Ops LLC 0.03% of their portfolio | 207.5k $11.9m | Added +84.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 205.8k $11.8m | Added +4.8k |
| Grandeur Peak Global Advisors, LLC 1.22% of their portfolio | 191.1k $11.0m | Added +16.2k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 187.3k $10.8m | Reduced -90.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 182.7k $10.5m | Reduced -110.4k |
| Nishkama Capital, LLC 4.18% of their portfolio | 173.8k $10.0m | Added +116.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 168.1k $9.7m | Added +33.8k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 167.0k $9.6m | Added +65.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 162.8k $9.3m | Added +25.5k |
| Dana Investment Advisors, Inc. 0.33% of their portfolio | 161.8k $9.3m | Reduced -11.7k |
| Phocas Financial Corp. 1.38% of their portfolio | 156.8k $9.0m | Reduced -69.5k |
| TWINBEECH CAPITAL LP 0.16% of their portfolio | 153.1k $8.8m | New |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 150.1k $8.6m | Added +95.1k |
| NORGES BANK 0.00% of their portfolio | 150.1k $8.6m | Reduced -146.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 149.4k $8.6m | Added +108.6k |
| Walleye Capital LLC 0.09% of their portfolio | 134.7k $7.7m | New |
| Driehaus Capital Management LLC 0.07% of their portfolio | 129.7k $7.4m | Reduced -92.8k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 129.4k $7.4m | Added +75.3k |
| BARCLAYS PLC 0.00% of their portfolio | 122.3k $7.0m | Reduced -8.0k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 118.8k $6.8m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 112.4k $6.5m | New |
| Shellback Capital, LP 0.62% of their portfolio | 111.7k $6.4m | New |
| Aptus Capital Advisors, LLC 0.07% of their portfolio | 110.0k $6.3m | Added +12.0k |
| Jump Financial, LLC 0.09% of their portfolio | 109.5k $6.3m | Added +92.7k |
| Engineers Gate Manager LP 0.10% of their portfolio | 104.6k $6.0m | Added +88.4k |
| Swiss National Bank 0.00% of their portfolio | 104.1k $6.0m | Reduced -1.5k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 101.5k $5.8m | Reduced -5.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 101.5k $5.8m | Added +86.3k |
| HEARTLAND ADVISORS INC 0.33% of their portfolio | 100.0k $5.7m | Reduced -100.0k |
| Keeley-Teton Advisors, LLC 0.69% of their portfolio | 99.1k $5.7m | Reduced -2.8k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 95.8k $5.5m | Added +82.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio | 94.2k $5.4m | Added +16.9k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 93.7k $5.4m | Reduced -448 |
| CW Advisors, LLC 0.06% of their portfolio | 89.2k $5.1m | Added +16.1k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.07% of their portfolio | 89.1k $5.1m | Reduced -320.6k |
| Nicholas Investment Partners, LP 0.52% of their portfolio | 87.8k $5.0m | Reduced -32.0k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 85.6k $4.9m | Added +2.1k |
| Advisors Asset Management, Inc. 0.09% of their portfolio | 85.2k $4.9m | Added +2.8k |
| Bolthouse Investments, LLC 5.09% of their portfolio | 85.0k $4.9m | Reduced -50.0k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 80.2k $4.5m | Added +34.4k |
| CITIGROUP INC 0.00% of their portfolio | 79.9k $4.6m | Added +10.9k |
| AXA S.A. 0.01% of their portfolio | 79.5k $4.6m | Added +14.3k |
| A. D. Beadell Investment Counsel, Inc. 3.77% of their portfolio | 78.9k $4.5m | Added +45 |
| Man Group plc 0.01% of their portfolio | 77.4k $4.4m | Added +54.7k |
| QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio | 77.3k $4.4m | Reduced -3.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 72.7k $4.2m | Added +30.3k |