MasTec
392 hedge funds and large institutions have $4.09B invested in MasTec in 2019 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 123 increasing their positions, 153 reducing their positions, and 39 closing their positions.
103% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 39
8% more funds holding
Funds holding: 363 → 392 (+29)
3.91% more ownership
Funds ownership: 79.6% → 83.5% (+3.9%)
5% more capital invested
Capital invested by funds: $3.91B → $4.09B (+$182M)
20% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 153
27% less call options, than puts
Call options by funds: $44.7M | Put options by funds: $61.6M
47% less funds holding in top 10
Funds holding in top 10: 15 → 8 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$37M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$34.3M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$34.3M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$33M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$25.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.9M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$23.3M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$22.3M |
| 5 |
DnB Asset Management
Oslo,
Norway
|
-$21.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -25 | Closed |
|
|
LWCFA
427
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$2K | -24 | Closed |
|
|
TWA
428
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -10 | Closed |
|
|
FWM
429
Filbrandt Wealth Management
Middleton,
Wisconsin
| – | +$395 | +6 | New |
|
MTZ Hedge Fund Activity: Q4 2019 in Review
392 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q4 2019, worth a combined $4.09B — up 4.7% from $3.91B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new MTZ positions and 39 closed out — a net gain of 40 holders — while 123 added to existing stakes and 153 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $37M. The largest seller was Frontier Capital Management, cutting an estimated $25.1M.
- 392 institutional investors held MasTec (MTZ) as of Q4 2019, up from 363 in Q3 2019.
- Funds reported $4.09B of MasTec stock for Q4 2019, up 4.7% quarter-over-quarter.
- 79 funds opened new MasTec positions in Q4 2019 and 39 closed out, a net change of +40 holders.
- The largest MasTec buyer in Q4 2019 was Truist Financial, an estimated $37M added.
- The largest MasTec seller in Q4 2019 was Frontier Capital Management, an estimated $25.1M sold.
Based on aggregated 13F filings for Q4 2019.