MasTec
323 hedge funds and large institutions have $2.59B invested in MasTec in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 89 increasing their positions, 144 reducing their positions, and 40 closing their positions.
13% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 40
1% more funds holding
Funds holding: 320 → 323 (+3)
4.18% less ownership
Funds ownership: 87.78% → 83.59% (-4.2%)
11% less capital invested
Capital invested by funds: $2.9B → $2.59B (-$311M)
12% less call options, than puts
Call options by funds: $14.7M | Put options by funds: $16.6M
38% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 144
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$40.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$22.4M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$20.4M |
| 4 |
Millennium Management
New York
|
+$17.4M |
| 5 |
PP
Peconic Partners
New York
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$58.9M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$24.3M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$21M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.5M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$16.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Simplex Trading
Chicago,
Illinois
| – | -$57K | -1,325 | Closed |
|
|
SCA
352
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$40K | -900 | Closed |
|
353
Walleye Trading
New York
| – | -$12.9K | -300 | Closed |
|
|
KPW
354
Kore Private Wealth
New York
| – | -$7K | -167 | Closed |
|
355
Rockefeller Capital Management
New York
| – | -$4.94K | -115 | -85% |
|
|
OPS
356
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$4K | -91 | Closed |
|
|
AIL
357
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$4K | -85 | Closed |
|
|
1IA
358
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | -$4K | -80 | Closed |
|
|
CAN
359
Cetera Advisor Networks
El Segundo,
California
| – | -$2K | -50 | Closed |
|
|
FWM
360
Filbrandt Wealth Management
Middleton,
Wisconsin
| – | -$1K | -26 | Closed |
|
|
FRA
361
Front Row Advisors
Tiburon,
California
| – | -$1K | -20 | Closed |
|
MTZ Hedge Fund Activity: Q3 2020 in Review
323 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q3 2020, worth a combined $2.59B — down 11% from $2.9B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new MTZ positions and 40 closed out — a net gain of 5 holders — while 89 added to existing stakes and 144 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $40.6M. The largest seller was Nordea Investment Management, cutting an estimated $58.9M.
- 323 institutional investors held MasTec (MTZ) as of Q3 2020, up from 320 in Q2 2020.
- Funds reported $2.59B of MasTec stock for Q3 2020, down 11% quarter-over-quarter.
- 45 funds opened new MasTec positions in Q3 2020 and 40 closed out, a net change of +5 holders.
- The largest MasTec buyer in Q3 2020 was LSV Asset Management, an estimated $40.6M added.
- The largest MasTec seller in Q3 2020 was Nordea Investment Management, an estimated $58.9M sold.
Based on aggregated 13F filings for Q3 2020.