MasTec
353 hedge funds and large institutions have $4.2B invested in MasTec in 2020 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 98 increasing their positions, 140 reducing their positions, and 35 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
91% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 35
61% more capital invested
Capital invested by funds: $2.61B → $4.2B (+$1.6B)
9% more funds holding
Funds holding: 324 → 353 (+29)
0.16% less ownership
Funds ownership: 83.59% → 83.43% (-0.16%)
11% less call options, than puts
Call options by funds: $28.6M | Put options by funds: $32M
30% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$78.6M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$67.8M |
| 3 |
Pzena Investment Management
New York
|
+$46.8M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$32.9M |
| 5 |
ECP
Electron Capital Partners
New York
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$44.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$28M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$22.2M |
| 4 |
BlackRock
New York
|
-$21.4M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$20M |
MTZ Hedge Fund Activity: Q4 2020 in Review
353 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q4 2020, worth a combined $4.2B — up 61% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new MTZ positions and 35 closed out — a net gain of 32 holders — while 98 added to existing stakes and 140 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $78.6M. The largest seller was Principal Financial Group, cutting an estimated $44.8M.
- 353 institutional investors held MasTec (MTZ) as of Q4 2020, up from 324 in Q3 2020.
- Funds reported $4.2B of MasTec stock for Q4 2020, up 61% quarter-over-quarter.
- 67 funds opened new MasTec positions in Q4 2020 and 35 closed out, a net change of +32 holders.
- The largest MasTec buyer in Q4 2020 was Select Equity Group, an estimated $78.6M added.
- The largest MasTec seller in Q4 2020 was Principal Financial Group, an estimated $44.8M sold.
Based on aggregated 13F filings for Q4 2020.