MasTec
180 hedge funds and large institutions have $1.14B invested in MasTec in 2015 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 73 increasing their positions, 61 reducing their positions, and 41 closing their positions.
126% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $5.99M
20% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 61
6.53% less ownership
Funds ownership: 78.58% → 72.05% (-6.5%)
7% less funds holding
Funds holding: 194 → 180 (-14)
22% less capital invested
Capital invested by funds: $1.45B → $1.14B (-$317M)
24% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 41
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$20.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$18M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$16.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$13.9M |
| 5 |
Renaissance Technologies
New York
|
+$9.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$33.8M |
| 2 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$30.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$26.8M |
| 4 |
Morgan Stanley
New York
|
-$24.2M |
| 5 |
FAM
Fred Alger Management
New York
|
-$17.8M |
MTZ Hedge Fund Activity: Q1 2015 in Review
180 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q1 2015, worth a combined $1.14B — down 22% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of MTZ and 31 opened new positions — a net loss of 10 holders — while 61 trimmed existing stakes and 73 added.
The largest buyer was Millennium Management, adding an estimated $20.7M. The largest seller was Frontier Capital Management, cutting an estimated $33.8M.
- 180 institutional investors held MasTec (MTZ) as of Q1 2015, down from 194 in Q4 2014.
- Funds reported $1.14B of MasTec stock for Q1 2015, down 22% quarter-over-quarter.
- 31 funds opened new MasTec positions in Q1 2015 and 41 closed out, a net change of -10 holders.
- The largest MasTec buyer in Q1 2015 was Millennium Management, an estimated $20.7M added.
- The largest MasTec seller in Q1 2015 was Frontier Capital Management, an estimated $33.8M sold.
Based on aggregated 13F filings for Q1 2015.