MasTec
364 hedge funds and large institutions have $3.94B invested in MasTec in 2019 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 95 increasing their positions, 144 reducing their positions, and 29 closing their positions.
186% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 29
67% more funds holding in top 10
Funds holding in top 10: 9 → 15 (+6)
19% more capital invested
Capital invested by funds: $3.31B → $3.94B (+$633M)
17% more funds holding
Funds holding: 311 → 364 (+53)
4.64% less ownership
Funds ownership: 84.24% → 79.6% (-4.6%)
22% less call options, than puts
Call options by funds: $46.5M | Put options by funds: $59.4M
34% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 144
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$41.1M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$34.4M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$30.8M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$30.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Peconic Partners
New York
|
-$242M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$57.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$44.3M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$42M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$22.2M |
MTZ Hedge Fund Activity: Q3 2019 in Review
364 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q3 2019, worth a combined $3.94B — up 19% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new MTZ positions and 29 closed out — a net gain of 54 holders — while 95 added to existing stakes and 144 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $41.1M. The largest seller was Peconic Partners, cutting an estimated $242M.
- 364 institutional investors held MasTec (MTZ) as of Q3 2019, up from 311 in Q2 2019.
- Funds reported $3.94B of MasTec stock for Q3 2019, up 19% quarter-over-quarter.
- 83 funds opened new MasTec positions in Q3 2019 and 29 closed out, a net change of +54 holders.
- The largest MasTec buyer in Q3 2019 was JP Morgan Chase, an estimated $41.1M added.
- The largest MasTec seller in Q3 2019 was Peconic Partners, an estimated $242M sold.
Based on aggregated 13F filings for Q3 2019.