MasTec
320 hedge funds and large institutions have $2.9B invested in MasTec in 2020 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 93 increasing their positions, 132 reducing their positions, and 46 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
44% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $14.9M
44% more capital invested
Capital invested by funds: $2.01B → $2.9B (+$890M)
17% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 46
8.14% more ownership
Funds ownership: 79.64% → 87.78% (+8.1%)
1% more funds holding
Funds holding: 316 → 320 (+4)
30% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$116M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$67.2M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$49M |
| 4 |
Goldman Sachs
New York
|
+$35M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$38.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$16.2M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$12.6M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.1M |
| 5 |
JP Morgan Chase
New York
|
-$11.7M |
MTZ Hedge Fund Activity: Q2 2020 in Review
320 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q2 2020, worth a combined $2.9B — up 44% from $2.01B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new MTZ positions and 46 closed out — a net gain of 8 holders — while 93 added to existing stakes and 132 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $116M. The largest seller was Vanguard Group, cutting an estimated $38.3M.
- 320 institutional investors held MasTec (MTZ) as of Q2 2020, up from 316 in Q1 2020.
- Funds reported $2.9B of MasTec stock for Q2 2020, up 44% quarter-over-quarter.
- 54 funds opened new MasTec positions in Q2 2020 and 46 closed out, a net change of +8 holders.
- The largest MasTec buyer in Q2 2020 was Nordea Investment Management, an estimated $116M added.
- The largest MasTec seller in Q2 2020 was Vanguard Group, an estimated $38.3M sold.
Based on aggregated 13F filings for Q2 2020.