MasTec
230 hedge funds and large institutions have $3.14B invested in MasTec in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 71 increasing their positions, 91 reducing their positions, and 31 closing their positions.
109% more call options, than puts
Call options by funds: $7.48M | Put options by funds: $3.58M
73% more funds holding in top 10
Funds holding in top 10: 11 → 19 (+8)
35% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 31
35% more capital invested
Capital invested by funds: $2.32B → $3.14B (+$820M)
2% more funds holding
Funds holding: 225 → 230 (+5)
1.89% more ownership
Funds ownership: 91.91% → 93.8% (+1.9%)
22% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$108M |
| 2 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
+$58.4M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$46M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$25.7M |
| 5 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$23.1M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$22.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$21.3M |
| 4 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
-$20.1M |
| 5 |
WI
WHV Investments
San Francisco,
California
|
-$18.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
T
251
TradeWorx
Red Bank,
New Jersey
| – | -$379K | -11,598 | Closed |
|
252
Los Angeles Capital Management
Los Angeles,
California
| – | -$345K | -10,558 | Closed |
|
|
QIM
253
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$278K | -8,500 | Closed |
|
|
GC
254
Guggenheim Capital
Chicago,
Illinois
| – | -$264K | -8,080 | Closed |
|
|
DDC
255
DF Dent & Co
Baltimore,
Maryland
| – | -$260K | -7,950 | Closed |
|
256
Tudor Investment Corp
Stamford,
Connecticut
| – | -$249K | -7,600 | Closed |
|
|
PM
257
Parametrica Management
Wanchai,
Hong Kong
| – | -$208K | -6,345 | Closed |
|
258
Parallax Volatility Advisers
San Francisco,
California
| – | -$139K | -3,653 | Closed |
|
259
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$71K | -2,184 | Closed |
|
|
PTCG
260
Pring Turner Capital Group
Alamo,
California
| – | -$49K | -1,500 | Closed |
|
|
RIA
261
Regal Investment Advisors
Kentwood,
Michigan
| – | -$2K | -60 | Closed |
|
MTZ Hedge Fund Activity: Q1 2014 in Review
230 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q1 2014, worth a combined $3.14B — up 35% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MTZ positions and 31 closed out — a net gain of 11 holders — while 71 added to existing stakes and 91 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $108M. The largest seller was Turner Investments, cutting an estimated $23.1M.
- 230 institutional investors held MasTec (MTZ) as of Q1 2014, up from 225 in Q4 2013.
- Funds reported $3.14B of MasTec stock for Q1 2014, up 35% quarter-over-quarter.
- 42 funds opened new MasTec positions in Q1 2014 and 31 closed out, a net change of +11 holders.
- The largest MasTec buyer in Q1 2014 was Fidelity Investments, an estimated $108M added.
- The largest MasTec seller in Q1 2014 was Turner Investments, an estimated $23.1M sold.
Based on aggregated 13F filings for Q1 2014.