MasTec
311 hedge funds and large institutions have $3.23B invested in MasTec in 2019 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 99 increasing their positions, 126 reducing their positions, and 50 closing their positions.
3% more capital invested
Capital invested by funds: $3.12B → $3.23B (+$109M)
3.38% less ownership
Funds ownership: 86.62% → 83.24% (-3.4%)
6% less funds holding
Funds holding: 331 → 311 (-20)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
21% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 126
24% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 50
25% less call options, than puts
Call options by funds: $14.1M | Put options by funds: $18.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$17.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12M |
| 4 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$9.39M |
| 5 |
BCMNY
Buckingham Capital Management (New York)
New York
|
+$7.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$31M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$26.4M |
| 3 |
Millennium Management
New York
|
-$23M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$22.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.4M |
MTZ Hedge Fund Activity: Q2 2019 in Review
311 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q2 2019, worth a combined $3.23B — up 3.5% from $3.12B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of MTZ and 38 opened new positions — a net loss of 12 holders — while 126 trimmed existing stakes and 99 added.
The largest buyer was Citadel Advisors, adding an estimated $17.2M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $31M sold.
- 311 institutional investors held MasTec (MTZ) as of Q2 2019, down from 331 in Q1 2019.
- Funds reported $3.23B of MasTec stock for Q2 2019, up 3.5% quarter-over-quarter.
- 38 funds opened new MasTec positions in Q2 2019 and 50 closed out, a net change of -12 holders.
- The largest MasTec buyer in Q2 2019 was Citadel Advisors, an estimated $17.2M added.
- The largest MasTec seller in Q2 2019 was Intrinsic Edge Capital Management, an estimated $31M sold.
Based on aggregated 13F filings for Q2 2019.