MasTec
MTZ
232 hedge funds and large institutions have $2.08B invested in MasTec in 2014 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 91 increasing their positions, 73 reducing their positions, and 45 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 73
7% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 45
1% more funds holding
Funds holding: 230 → 232 (+2)
7.07% less ownership
Funds ownership: 93.8% → 86.73% (-7.1%)
34% less capital invested
Capital invested by funds: $3.14B → $2.08B (-$1.06B)
42% less call options, than puts
Call options by funds: $7.33M | Put options by funds: $12.5M
58% less funds holding in top 10
Funds holding in top 10: 19 → 8 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$79.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$37.2M |
| 3 |
Millennium Management
New York
|
+$34.1M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$28.8M |
| 5 |
Barclays
London,
United Kingdom
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$119M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$99.4M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$82M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$68.2M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$52.7M |
MTZ Hedge Fund Activity: Q2 2014 in Review
232 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q2 2014, worth a combined $2.08B — down 34% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new MTZ positions and 45 closed out — a net gain of 3 holders — while 91 added to existing stakes and 73 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, opening a new position worth an estimated $79.1M. The largest seller was Bessemer Group, cutting an estimated $119M.
- 232 institutional investors held MasTec (MTZ) as of Q2 2014, up from 230 in Q1 2014.
- Funds reported $2.08B of MasTec stock for Q2 2014, down 34% quarter-over-quarter.
- 48 funds opened new MasTec positions in Q2 2014 and 45 closed out, a net change of +3 holders.
- The largest MasTec buyer in Q2 2014 was State of New Jersey Common Pension Fund D, an estimated $79.1M added.
- The largest MasTec seller in Q2 2014 was Bessemer Group, an estimated $119M sold.
Based on aggregated 13F filings for Q2 2014.