MasTec
469 hedge funds and large institutions have $7.09B invested in MasTec in 2024 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 148 increasing their positions, 147 reducing their positions, and 45 closing their positions.
93% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 45
41% more call options, than puts
Call options by funds: $153M | Put options by funds: $109M
12% more capital invested
Capital invested by funds: $6.35B → $7.09B (+$737M)
9% more funds holding
Funds holding: 430 → 469 (+39)
1% more repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 147
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
1.96% less ownership
Funds ownership: 74.61% → 72.65% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$125M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$97.7M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$66.7M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$46.4M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$31.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$125M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$115M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$94M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$81.7M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$57.5M |
MTZ Hedge Fund Activity: Q3 2024 in Review
469 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in MasTec (MTZ) for Q3 2024, worth a combined $7.09B — up 12% from $6.35B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new MTZ positions and 45 closed out — a net gain of 42 holders — while 148 added to existing stakes and 147 trimmed.
The largest buyer was Millennium Management, adding an estimated $125M. The largest seller was Allspring Global Investments, cutting an estimated $125M.
- 469 institutional investors held MasTec (MTZ) as of Q3 2024, up from 430 in Q2 2024.
- Funds reported $7.09B of MasTec stock for Q3 2024, up 12% quarter-over-quarter.
- 87 funds opened new MasTec positions in Q3 2024 and 45 closed out, a net change of +42 holders.
- The largest MasTec buyer in Q3 2024 was Millennium Management, an estimated $125M added.
- The largest MasTec seller in Q3 2024 was Allspring Global Investments, an estimated $125M sold.
Based on aggregated 13F filings for Q3 2024.