MasTec
194 hedge funds and large institutions have $1.45B invested in MasTec in 2014 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 74 increasing their positions, 69 reducing their positions, and 57 closing their positions.
24% more call options, than puts
Call options by funds: $7.33M | Put options by funds: $5.93M
7% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 69
3.69% less ownership
Funds ownership: 82.27% → 78.58% (-3.7%)
11% less funds holding
Funds holding: 218 → 194 (-24)
29% less capital invested
Capital invested by funds: $2.05B → $1.45B (-$602M)
37% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 57
58% less funds holding in top 10
Funds holding in top 10: 12 → 5 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$28.3M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$25.7M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$21.9M |
| 4 |
JP Morgan Chase
New York
|
+$17.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$22.5M |
| 3 |
Barclays
London,
United Kingdom
|
-$21M |
| 4 |
TM
Tiger Management
New York
|
-$17.2M |
| 5 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$16.5M |
MTZ Hedge Fund Activity: Q4 2014 in Review
194 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q4 2014, worth a combined $1.45B — down 29% from $2.05B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of MTZ and 36 opened new positions — a net loss of 21 holders — while 69 trimmed existing stakes and 74 added.
The largest buyer was Morgan Stanley, adding an estimated $28.3M. The largest seller was Fidelity Investments, exiting entirely with an estimated $56.6M sold.
- 194 institutional investors held MasTec (MTZ) as of Q4 2014, down from 218 in Q3 2014.
- Funds reported $1.45B of MasTec stock for Q4 2014, down 29% quarter-over-quarter.
- 36 funds opened new MasTec positions in Q4 2014 and 57 closed out, a net change of -21 holders.
- The largest MasTec buyer in Q4 2014 was Morgan Stanley, an estimated $28.3M added.
- The largest MasTec seller in Q4 2014 was Fidelity Investments, an estimated $56.6M sold.
Based on aggregated 13F filings for Q4 2014.