MasTec
390 hedge funds and large institutions have $5.58B invested in MasTec in 2021 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 109 increasing their positions, 139 reducing their positions, and 47 closing their positions.
85% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 47
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
33% more capital invested
Capital invested by funds: $4.2B → $5.58B (+$1.38B)
11% more funds holding
Funds holding: 352 → 390 (+38)
2.93% less ownership
Funds ownership: 83.44% → 80.51% (-2.9%)
22% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 139
34% less call options, than puts
Call options by funds: $28.9M | Put options by funds: $43.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$125M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.7M |
| 3 |
BlackRock
New York
|
+$52M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$35.7M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$35.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$95.5M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$50.1M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$48.1M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$39.9M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$33.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
426
Filbrandt Wealth Management
Middleton,
Wisconsin
| – | -$112K | -1,648 | Closed |
|
|
CCA
427
Column Capital Advisors
Indianapolis,
Indiana
| – | -$93K | -1,366 | Closed |
|
|
ASN
428
Advisory Services Network
Atlanta,
Georgia
| – | -$76K | -1,116 | Closed |
|
429
Parallax Volatility Advisers
San Francisco,
California
| – | -$18K | -267 | Closed |
|
430
Bessemer Group
Woodbridge,
New Jersey
| – | -$15K | -224 | Closed |
|
|
IA
431
Inspire Advisors
Meridian,
Idaho
| – | -$14K | -200 | Closed |
|
|
VCG
432
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$5K | -75 | Closed |
|
|
IA
433
IFP Advisors
Tampa,
Florida
| – | -$5.22K | -61 | Closed |
|
|
PWPS
434
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$2K | -24 | Closed |
|
|
HGWM
435
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -14 | Closed |
|
436
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$1K | -13 | Closed |
|
|
VFA
437
Valeo Financial Advisors
Carmel,
Indiana
| – | +$428 | +5 | New |
|
MTZ Hedge Fund Activity: Q1 2021 in Review
390 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q1 2021, worth a combined $5.58B — up 33% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new MTZ positions and 47 closed out — a net gain of 40 holders — while 109 added to existing stakes and 139 trimmed.
The largest buyer was Wells Fargo, adding an estimated $125M. The largest seller was Select Equity Group, exiting entirely with an estimated $95.5M sold.
- 390 institutional investors held MasTec (MTZ) as of Q1 2021, up from 352 in Q4 2020.
- Funds reported $5.58B of MasTec stock for Q1 2021, up 33% quarter-over-quarter.
- 87 funds opened new MasTec positions in Q1 2021 and 47 closed out, a net change of +40 holders.
- The largest MasTec buyer in Q1 2021 was Wells Fargo, an estimated $125M added.
- The largest MasTec seller in Q1 2021 was Select Equity Group, an estimated $95.5M sold.
Based on aggregated 13F filings for Q1 2021.