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 ($12.9m this quarter). Holder counts are more reliable. Shares outstanding: 54.0m as of 2025-10-29, 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 ≈ $124.20. Options: 10 managers hold calls ($31.3m notional), 6 hold puts ($5.4m).
Trends to Q4 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 |
| Q2 2025 | 388 |
| Q3 2025 | 450 |
| Q4 2025 | 483 |
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 | 121 | 116 |
| Q2 2024 | 183 | 119 |
| Q3 2024 | 151 | 146 |
| Q4 2024 | 195 | 136 |
| Q1 2025 | 218 | 175 |
| Q2 2025 | 205 | 193 |
| Q3 2025 | 243 | 205 |
| Q4 2025 | 252 | 238 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $3.5m | $9.7m | 2.78 |
| Q2 2025 | $23.3m | $9.4m | 0.40 |
| Q3 2025 | $49.4m | $14.9m | 0.30 |
| Q4 2025 | $31.3m | $5.4m | 0.17 |
Biggest buyers
| BlackRock, Inc. | Added | +3.6m |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +3.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.1m |
| Merewether Investment Management, LP | New | +781.7k |
| STATE STREET CORP | Added | +728.6k |
| VANGUARD GROUP INC | Added | +466.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +301.5k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +281.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +251.9k |
| GOLDMAN SACHS GROUP INC | Added | +237.4k |
Biggest sellers
| LAZARD ASSET MANAGEMENT LLC | Reduced | -341.2k |
| JPMORGAN CHASE & CO | Reduced | -300.2k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -286.3k |
| Goodlander Investment Management, LLC | Sold out | -275.0k |
| Balyasny Asset Management L.P. | Reduced | -270.5k |
| GW&K Investment Management, LLC | Reduced | -249.3k |
| Point72 Asset Management, L.P. | Sold out | -242.4k |
| Forest Avenue Capital Management LP | Sold out | -233.9k |
| Pacer Advisors, Inc. | Sold out | -185.2k |
| LSV ASSET MANAGEMENT | Reduced | -182.5k |
Biggest calls
| PEAK6 LLC | Reduced | $17.4m140.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.0m32.1k shares |
| CITADEL ADVISORS LLC | Reduced | $3.6m28.9k shares |
| JANE STREET GROUP, LLC | Reduced | $2.1m17.0k shares |
| IMC-Chicago, LLC | Added | $1.6m12.8k shares |
| Point72 Asset Management, L.P. | New | $1.5m12.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $521.4k4.2k shares |
| GROUP ONE TRADING LLC | Reduced | $347.6k2.8k shares |
| Walleye Trading LLC | New | $136.6k1.1k shares |
| Walleye Capital LLC | Reduced | $86.9k700 shares |
Biggest puts
| Point72 Asset Management, L.P. | New | $2.2m18.1k shares |
| CITADEL ADVISORS LLC | Reduced | $794.5k6.4k shares |
| Walleye Trading LLC | New | $757.3k6.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $757.3k6.1k shares |
| JANE STREET GROUP, LLC | Reduced | $471.7k3.8k shares |
| Walleye Capital LLC | Added | $397.2k3.2k 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 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 | — | 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 | — |
| Q2 2025 | 0 | — | 1 | $1.2m | — |
| Q3 2025 | 0 | — | 5 | $6.5m | — |
| Q4 2025 | 1 | $1.6k | 4 | $3.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-11 | Schauerman John P. Director · Schauerman Family Trust | Sold | $1.1m7.8k shares |
| 2025-12-08 | MASHINSKI CARLA S Director | Sold | $281.4k2.1k shares |
| 2025-11-10 | King David Lee INTERIM PRESIDENT & CEO, director | Sold | $455.0k3.5k shares |
| 2025-11-07 | Wagner Patricia K Director · By Wagner Family Trust | Sold | $1.7m13.5k shares |
| 2025-10-15 | MCCALLISTER TERRY D Director | Bought | $1.6k12 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 |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 8.3m $1.0bn | Added +3.6m |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.5m $804.4m | Added +466.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 1.28% of their portfolio | 6.1m $754.3m | Added +3.0m |
| STATE STREET CORP 0.01% of their portfolio | 2.0m $249.9m | Added +728.6k |
| FIRST TRUST ADVISORS LP 0.18% of their portfolio | 2.0m $243.1m | Added +211.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 1.7m $216.8m | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.3m $164.5m | Added +42.1k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.2m $150.8m | Reduced -286.3k |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 1.1m $131.5m | Added +39.3k |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $131.4m | Reduced -74.6k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.49% of their portfolio | 952.2k $118.2m | Added +4.9k |
| NORGES BANK 0.01% of their portfolio | 832.7k $103.4m | Not comparable |
| CONGRESS ASSET MANAGEMENT CO 0.71% of their portfolio | 815.3k $101.2m | Added +19.0k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 809.7k $100.5m | Reduced -34.3k |
| Artemis Investment Management LLP 1.20% of their portfolio | 799.7k $99.3m | Added +32.0k |
| Merewether Investment Management, LP 2.23% of their portfolio | 781.7k $97.0m | New |
| FMR LLC 0.00% of their portfolio | 714.0k $88.6m | Reduced -29.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 710.9k $88.3m | Added +10.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 672.2k $83.4m | Reduced -300.2k |
| UBS Group AG 0.02% of their portfolio | 638.9k $79.3m | Added +15.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 612.2k $76.0m | Added +237.4k |
| MORGAN STANLEY 0.00% of their portfolio | 592.4k $73.5m | Added +186.0k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 591.3k $73.4m | Added +196.7k |
| Van Berkom & Associates Inc. 2.05% of their portfolio | 572.7k $71.1m | Reduced -66.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.26% of their portfolio | 538.3k $66.8m | Added +251.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 534.5k $66.4m | Added +2.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 502.0k $62.3m | Added +14.5k |
| FEDERATED HERMES, INC. 0.10% of their portfolio | 497.5k $61.8m | Added +137.7k |
| BRUNI J V & CO /CO 5.40% of their portfolio | 442.8k $55.0m | Reduced -15.0k |
| VALUE HOLDINGS MANAGEMENT CO. LLC 8.92% of their portfolio | 429.7k $53.3m | Reduced -19.0k |
| Boston Partners 0.06% of their portfolio | 420.5k $53.5m | Reduced -143.5k |
| Nuveen, LLC 0.01% of their portfolio | 408.6k $50.7m | Reduced -143.8k |
| MACKENZIE FINANCIAL CORP 0.06% of their portfolio | 407.0k $50.5m | Added +26.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.07% of their portfolio | 391.3k $48.6m | Added +9.8k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 384.4k $47.8m | Added +44.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 356.7k $44.3m | Added +96.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 351.7k $43.7m | Added +21.9k |
| HENNESSY ADVISORS INC 1.52% of their portfolio | 345.4k $42.9m | Reduced -19.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 336.7k $41.8m | Added +281.5k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 332.6k $41.3m | Added +129.3k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 327.6k $40.7m | Reduced -98.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 314.4k $39.0m | Added +301.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 311.3k $38.6m | Reduced -76.9k |
| Public Sector Pension Investment Board 0.12% of their portfolio | 292.5k $36.3m | Added +174.6k |
| Encompass Capital Advisors LLC 1.72% of their portfolio | 289.9k $36.0m | Reduced -84.9k |
| ALGERT GLOBAL LLC 0.55% of their portfolio | 283.7k $35.2m | Added +27.2k |
| GW&K Investment Management, LLC 0.28% of their portfolio | 257.9k $32.0m | Reduced -249.3k |
| LAZARD ASSET MANAGEMENT LLC 0.04% of their portfolio | 194.6k $24.2m | Reduced -341.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 191.6k $23.8m | Reduced -127.4k |
| Swedbank AB 0.02% of their portfolio | 185.0k $23.0m | Reduced -15.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio | 176.6k $21.9m | Reduced -5.4k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.74% of their portfolio | 163.3k $20.3m | Reduced -29.1k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 160.0k $19.9m | Reduced -3.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 155.0k $19.3m | Reduced -16.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 150.2k $18.6m | Reduced -23.7k |
| Legal & General Group Plc 0.00% of their portfolio | 147.0k $18.3m | Added +79.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 146.7k $18.2m | Added +59.0k |
| Grandeur Peak Global Advisors, LLC 2.41% of their portfolio | 144.1k $17.9m | Reduced -37.9k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 137.8k $17.1m | Added +130.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 133.8k $16.6m | Reduced -1.5k |
| Aptus Capital Advisors, LLC 0.14% of their portfolio | 133.4k $16.6m | Reduced -5.1k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.90% of their portfolio | 127.0k $15.8m | Added +41.0k |
| Clark Capital Management Group, Inc. 0.09% of their portfolio | 123.1k $15.3m | Reduced -2.2k |
| Man Group plc 0.03% of their portfolio | 122.3k $15.2m | Added +9.8k |
| LORD, ABBETT & CO. LLC 0.05% of their portfolio | 122.2k $15.2m | Added +150 |
| MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio | 121.7k $15.1m | Added +6.4k |
| Incline Global Management LLC 4.97% of their portfolio | 117.2k $14.5m | New |
| Ceredex Value Advisors LLC 0.43% of their portfolio | 114.8k $14.3m | New |
| SEGALL BRYANT & HAMILL, LLC 0.19% of their portfolio | 112.3k $13.9m | New |
| Swiss National Bank 0.01% of their portfolio | 106.5k $13.2m | Added +1.8k |
| Portolan Capital Management, LLC 0.70% of their portfolio | 105.7k $13.1m | Reduced -43.5k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 103.6k $12.9m | Reduced -13.0k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 102.5k $12.7m | Reduced -20.2k |
| Bridgewater Associates, LP 0.05% of their portfolio | 100.8k $12.5m | Added +8.8k |
| THAMES CAPITAL MANAGEMENT LLC 1.81% of their portfolio | 100.0k $12.4m | Unchanged |
| SEI INVESTMENTS CO 0.01% of their portfolio | 99.9k $12.4m | Reduced -2.5k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.08% of their portfolio | 98.9k $12.3m | Added +142 |
| ROYCE & ASSOCIATES LP 0.12% of their portfolio | 98.3k $12.2m | Reduced -41.0k |
| Dana Investment Advisors, Inc. 0.35% of their portfolio | 97.4k $12.1m | Reduced -8.9k |
| Hel Ved Capital Management Ltd 4.11% of their portfolio | 95.8k $11.9m | Added +51.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 95.2k $11.8m | Reduced -76.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 95.1k $11.8m | Added +19.0k |
| BARCLAYS PLC 0.00% of their portfolio | 92.9k $11.5m | Reduced -7.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 88.3k $11.0m | Added +87.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 87.1k $10.8m | Added +7.4k |
| Bolthouse Investments, LLC 8.83% of their portfolio | 80.0k $9.9m | Unchanged |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 77.6k $9.6m | Reduced -52.9k |
| Aventail Capital Group, LP 0.53% of their portfolio | 74.2k $9.2m | Reduced -56.7k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 72.4k $9.0m | Reduced -20.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 71.8k $8.9m | Added +1.1k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.70% of their portfolio | 70.7k $8.8m | Reduced -20.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 69.5k $8.6m | Added +16.8k |
| Susquehanna Portfolio Strategies, LLC 0.13% of their portfolio | 69.2k $8.6m | Reduced -4.2k |
| Advisors Asset Management, Inc. 0.14% of their portfolio | 68.9k $8.5m | Reduced -8.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 67.9k $8.4m | Added +8.8k |
| COOKSON PEIRCE & CO INC 0.34% of their portfolio | 66.6k $8.3m | New |
| Hillsdale Investment Management Inc. 0.22% of their portfolio | 64.4k $8.0m | Reduced -14.4k |
| Phocas Financial Corp. 1.01% of their portfolio | 62.5k $7.8m | Reduced -77.1k |
| A. D. Beadell Investment Counsel, Inc. 4.93% of their portfolio | 61.1k $7.6m | Reduced -4.9k |
| GABELLI FUNDS LLC 0.05% of their portfolio | 60.8k $7.5m | Reduced -7.5k |