MasTec
MTZ
381 hedge funds and large institutions have $4.11B invested in MasTec in 2023 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 112 increasing their positions, 141 reducing their positions, and 66 closing their positions.
25% more call options, than puts
Call options by funds: $44.8M | Put options by funds: $36M
9% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 66
1.33% less ownership
Funds ownership: 73.69% → 72.37% (-1.3%)
3% less funds holding
Funds holding: 393 → 381 (-12)
21% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 141
40% less capital invested
Capital invested by funds: $6.85B → $4.11B (-$2.73B)
56% less funds holding in top 10
Funds holding in top 10: 16 → 7 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$82.5M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$79.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$42.4M |
| 4 |
HCC
Hill City Capital
Boston,
Massachusetts
|
+$40.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$145M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$71.6M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$63.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$41.8M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$40M |
MTZ Hedge Fund Activity: Q3 2023 in Review
381 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q3 2023, worth a combined $4.11B — down 40% from $6.85B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of MTZ and 60 opened new positions — a net loss of 6 holders — while 141 trimmed existing stakes and 112 added.
The largest buyer was AllianceBernstein, adding an estimated $82.5M. The largest seller was Ameriprise, cutting an estimated $145M.
- 381 institutional investors held MasTec (MTZ) as of Q3 2023, down from 393 in Q2 2023.
- Funds reported $4.11B of MasTec stock for Q3 2023, down 40% quarter-over-quarter.
- 60 funds opened new MasTec positions in Q3 2023 and 66 closed out, a net change of -6 holders.
- The largest MasTec buyer in Q3 2023 was AllianceBernstein, an estimated $82.5M added.
- The largest MasTec seller in Q3 2023 was Ameriprise, an estimated $145M sold.
Based on aggregated 13F filings for Q3 2023.