MasTec
368 hedge funds and large institutions have $4.66B invested in MasTec in 2023 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 120 increasing their positions, 117 reducing their positions, and 81 closing their positions.
33% more call options, than puts
Call options by funds: $133M | Put options by funds: $99.8M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
13% more capital invested
Capital invested by funds: $4.11B → $4.66B (+$549M)
5.82% more ownership
Funds ownership: 72.37% → 78.18% (+5.8%)
3% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 117
3% less funds holding
Funds holding: 381 → 368 (-13)
12% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCC
Hill City Capital
Boston,
Massachusetts
|
+$71M |
| 2 |
Millennium Management
New York
|
+$65.2M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$64.2M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$57.5M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$40.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$49.9M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$36.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.8M |
| 4 |
PP
Peconic Partners
New York
|
-$21.7M |
| 5 |
Goldman Sachs
New York
|
-$20.1M |
MTZ Hedge Fund Activity: Q4 2023 in Review
368 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q4 2023, worth a combined $4.66B — up 13% from $4.11B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of MTZ and 71 opened new positions — a net loss of 10 holders — while 117 trimmed existing stakes and 120 added.
The largest buyer was Hill City Capital, adding an estimated $71M. The largest seller was CI Investments Inc, cutting an estimated $49.9M.
- 368 institutional investors held MasTec (MTZ) as of Q4 2023, down from 381 in Q3 2023.
- Funds reported $4.66B of MasTec stock for Q4 2023, up 13% quarter-over-quarter.
- 71 funds opened new MasTec positions in Q4 2023 and 81 closed out, a net change of -10 holders.
- The largest MasTec buyer in Q4 2023 was Hill City Capital, an estimated $71M added.
- The largest MasTec seller in Q4 2023 was CI Investments Inc, an estimated $49.9M sold.
Based on aggregated 13F filings for Q4 2023.