MasTec
MTZ
272 hedge funds and large institutions have $2.83B invested in MasTec in 2017 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 102 increasing their positions, 86 reducing their positions, and 32 closing their positions.
59% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 32
19% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 86
7% more funds holding
Funds holding: 255 → 272 (+17)
6% more capital invested
Capital invested by funds: $2.66B → $2.83B (+$168M)
2.26% more ownership
Funds ownership: 71.41% → 73.67% (+2.3%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
60% less call options, than puts
Call options by funds: $13.6M | Put options by funds: $33.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
+$28.6M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$17.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17.6M |
| 4 |
TA
Teachers Advisors
New York
|
+$17.4M |
| 5 |
1C
1060 Capital
Denver,
Colorado
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$29.1M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$20.9M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$19.8M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$15.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$15.1M |
MTZ Hedge Fund Activity: Q3 2017 in Review
272 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q3 2017, worth a combined $2.83B — up 6.3% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new MTZ positions and 32 closed out — a net gain of 19 holders — while 102 added to existing stakes and 86 trimmed.
The largest buyer was DnB Asset Management, opening a new position worth an estimated $28.6M. The largest seller was Frontier Capital Management, cutting an estimated $29.1M.
- 272 institutional investors held MasTec (MTZ) as of Q3 2017, up from 255 in Q2 2017.
- Funds reported $2.83B of MasTec stock for Q3 2017, up 6.3% quarter-over-quarter.
- 51 funds opened new MasTec positions in Q3 2017 and 32 closed out, a net change of +19 holders.
- The largest MasTec buyer in Q3 2017 was DnB Asset Management, an estimated $28.6M added.
- The largest MasTec seller in Q3 2017 was Frontier Capital Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2017.