MasTec
293 hedge funds and large institutions have $2.99B invested in MasTec in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 112 increasing their positions, 83 reducing their positions, and 62 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 83
1.27% more ownership
Funds ownership: 82.37% → 83.64% (+1.3%)
4% less funds holding
Funds holding: 305 → 293 (-12)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
11% less capital invested
Capital invested by funds: $3.36B → $2.99B (-$373M)
15% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 62
32% less call options, than puts
Call options by funds: $67.4M | Put options by funds: $99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$64.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$39.4M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$31.1M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$25.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$80.1M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$76.3M |
| 3 |
SIM
Stelliam Investment Management
New York
|
-$43.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$36.8M |
| 5 |
O
OppenheimerFunds
New York
|
-$34.1M |
MTZ Hedge Fund Activity: Q3 2018 in Review
293 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q3 2018, worth a combined $2.99B — down 11% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of MTZ and 53 opened new positions — a net loss of 9 holders — while 83 trimmed existing stakes and 112 added.
The largest buyer was Point72 Asset Management, adding an estimated $64.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $80.1M sold.
- 293 institutional investors held MasTec (MTZ) as of Q3 2018, down from 305 in Q2 2018.
- Funds reported $2.99B of MasTec stock for Q3 2018, down 11% quarter-over-quarter.
- 53 funds opened new MasTec positions in Q3 2018 and 62 closed out, a net change of -9 holders.
- The largest MasTec buyer in Q3 2018 was Point72 Asset Management, an estimated $64.7M added.
- The largest MasTec seller in Q3 2018 was Lord, Abbett & Co, an estimated $80.1M sold.
Based on aggregated 13F filings for Q3 2018.