MasTec
383 hedge funds and large institutions have $5.51B invested in MasTec in 2024 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 115 increasing their positions, 134 reducing their positions, and 44 closing their positions.
70% more call options, than puts
Call options by funds: $195M | Put options by funds: $115M
45% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 44
17% more capital invested
Capital invested by funds: $4.71B → $5.51B (+$803M)
4% more funds holding
Funds holding: 367 → 383 (+16)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
4.42% less ownership
Funds ownership: 78.91% → 74.5% (-4.4%)
14% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 134
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$82.4M |
| 2 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$38.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$35.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$33.4M |
| 5 |
SC
Samlyn Capital
New York
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$114M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$90.4M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$59M |
| 4 |
Morgan Stanley
New York
|
-$49.3M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$47.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
426
MV Capital Management
Bethesda,
Maryland
| – | -$1.59K | -21 | Closed |
|
427
AssetMark Inc
Concord,
California
| – | -$227 | -3 | Closed |
|
MTZ Hedge Fund Activity: Q1 2024 in Review
383 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q1 2024, worth a combined $5.51B — up 17% from $4.71B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new MTZ positions and 44 closed out — a net gain of 20 holders — while 115 added to existing stakes and 134 trimmed.
The largest buyer was Cooper Creek Partners Management, opening a new position worth an estimated $82.4M. The largest seller was Allspring Global Investments, cutting an estimated $114M.
- 383 institutional investors held MasTec (MTZ) as of Q1 2024, up from 367 in Q4 2023.
- Funds reported $5.51B of MasTec stock for Q1 2024, up 17% quarter-over-quarter.
- 64 funds opened new MasTec positions in Q1 2024 and 44 closed out, a net change of +20 holders.
- The largest MasTec buyer in Q1 2024 was Cooper Creek Partners Management, an estimated $82.4M added.
- The largest MasTec seller in Q1 2024 was Allspring Global Investments, an estimated $114M sold.
Based on aggregated 13F filings for Q1 2024.