PRM ranks #2034 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
PRM is a top-conviction position for Balance Capital Partners L.p. — at 70.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in PRM belongs to Windacre Partnership LLC, but the position matters far more to Balance Capital Partners L.p., who has 70.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Principal Financial Group Inc has added to its PRM position for two straight quarters, increasing it by $199.9M to reach $499.4M today.
Corient Private Wealth LP has trimmed its PRM position for two straight quarters, cutting it by $13.7M while still holding $42.2M.
PRM is up 1.9% today, and institutions have been net buyers of $611.7M this quarter — today's price move and the underlying institutional flow are pointing the same direction.