MasTec
239 hedge funds and large institutions have $2.23B invested in MasTec in 2016 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 62 increasing their positions, 100 reducing their positions, and 22 closing their positions.
168% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 22
72% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $6.08M
30% more capital invested
Capital invested by funds: $1.72B → $2.23B (+$509M)
17% more funds holding
Funds holding: 205 → 239 (+34)
0.15% more ownership
Funds ownership: 70.76% → 70.9% (+0.15%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
38% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$32.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.9M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$30M |
| 4 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$22.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$26.2M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$21.3M |
| 3 |
BCM
Billings Capital Management
Arlington,
Virginia
|
-$19.9M |
| 4 |
Goldman Sachs
New York
|
-$18.8M |
| 5 |
DCM
Daruma Capital Management
New York
|
-$15.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Capstone Investment Advisors
New York
| – | -$443K | -14,900 | Closed |
|
|
HCM
252
Highbridge Capital Management
New York
| – | -$359K | -12,063 | Closed |
|
|
AIM
253
Anchor Investment Management
Columbia,
South Carolina
| – | -$357K | -12,000 | Closed |
|
|
AFG
254
American Financial Group
Cincinnati,
Ohio
| – | -$324K | -10,884 | Closed |
|
|
PP
255
Paloma Partners
Greenwich,
Connecticut
| – | -$222K | -7,461 | Closed |
|
256
Squarepoint
New York
| – | -$220K | -7,400 | Closed |
|
257
Teacher Retirement System of Texas
Austin,
Texas
| – | -$212K | -7,144 | Closed |
|
|
WAM
258
Wolverine Asset Management
Chicago,
Illinois
| – | -$217K | -6,400 | Closed |
|
|
QT
259
Quantbot Technologies
New York
| – | -$46K | -1,573 | Closed |
|
|
ACM
260
Argentus Capital Management
Dallas,
Texas
| – | -$12K | -389 | Closed |
|
MTZ Hedge Fund Activity: Q4 2016 in Review
239 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q4 2016, worth a combined $2.23B — up 30% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new MTZ positions and 22 closed out — a net gain of 37 holders — while 62 added to existing stakes and 100 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $32.7M. The largest seller was Frontier Capital Management, cutting an estimated $26.2M.
- 239 institutional investors held MasTec (MTZ) as of Q4 2016, up from 205 in Q3 2016.
- Funds reported $2.23B of MasTec stock for Q4 2016, up 30% quarter-over-quarter.
- 59 funds opened new MasTec positions in Q4 2016 and 22 closed out, a net change of +37 holders.
- The largest MasTec buyer in Q4 2016 was Lord, Abbett & Co, an estimated $32.7M added.
- The largest MasTec seller in Q4 2016 was Frontier Capital Management, an estimated $26.2M sold.
Based on aggregated 13F filings for Q4 2016.