MasTec
315 hedge funds and large institutions have $3.05B invested in MasTec in 2018 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 98 increasing their positions, 131 reducing their positions, and 45 closing their positions.
11% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 45
1% more funds holding
Funds holding: 313 → 315 (+2)
0.97% less ownership
Funds ownership: 79.09% → 78.12% (-0.97%)
5% less capital invested
Capital invested by funds: $3.2B → $3.05B (-$158M)
18% less call options, than puts
Call options by funds: $14.4M | Put options by funds: $17.5M
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
25% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$74.3M |
| 2 |
SIM
Stelliam Investment Management
New York
|
+$45.9M |
| 3 |
IIM
Ivory Investment Management
New York
|
+$33.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$18.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$35.8M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$34.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$23.8M |
| 4 |
Renaissance Technologies
New York
|
-$21.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.3M |
MTZ Hedge Fund Activity: Q1 2018 in Review
315 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q1 2018, worth a combined $3.05B — down 4.9% from $3.2B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new MTZ positions and 45 closed out — a net gain of 5 holders — while 98 added to existing stakes and 131 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $74.3M. The largest seller was Point72 Asset Management, cutting an estimated $35.8M.
- 315 institutional investors held MasTec (MTZ) as of Q1 2018, up from 313 in Q4 2017.
- Funds reported $3.05B of MasTec stock for Q1 2018, down 4.9% quarter-over-quarter.
- 50 funds opened new MasTec positions in Q1 2018 and 45 closed out, a net change of +5 holders.
- The largest MasTec buyer in Q1 2018 was Boston Partners, an estimated $74.3M added.
- The largest MasTec seller in Q1 2018 was Point72 Asset Management, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2018.