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Quanta Services

1,017 hedge funds and large institutions have $28.7B invested in Quanta Services in 2023 Q4 according to their latest regulatory filings, with 163 funds opening new positions, 321 increasing their positions, 393 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 163 | Existing positions closed: 94

20% more capital invested

Capital invested by funds: $24B → $28.7B (+$4.76B)

13% more call options, than puts

Call options by funds: $194M | Put options by funds: $171M

6% more funds holding

Funds holding: 9601,017 (+57)

3.1% more ownership

Funds ownership: 89.02%92.11% (+3.1%)

17% less funds holding in top 10

Funds holding in top 10: 3630 (-6)

18% less repeat investments, than reductions

Existing positions increased: 321 | Existing positions reduced: 393

Holders
1,017
Holders Change
+57
Holders Change %
+5.94%
% of All Funds
14.83%
Holding in Top 10
30
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-16.67%
% of All Funds
0.44%
New
163
Increased
321
Reduced
393
Closed
94
Calls
$194M
Puts
$171M
Net Calls
+$23.1M
Net Calls Change
+$4.66M
Name Holding Trade Value Shares
Change
Change in
Stake
JC
76
Joho Capital
New York
$62.6M +$517K +2,800 +1%
Macquarie Group
77
Macquarie Group
Australia
$61.9M -$24.6M -133,103 -32%
Bank of Montreal
78
Bank of Montreal
Ontario, Canada
$61.9M -$14.2M -76,796 -21%
Jennison Associates
79
Jennison Associates
New York
$58.2M +$24M +130,020 +93%
California Public Employees Retirement System
80
California Public Employees Retirement System
California
$58M -$1.62M -8,788 -3%
VOYA Investment Management
81
VOYA Investment Management
Georgia
$55M -$129M -700,360 -73%
Citadel Advisors
82
Citadel Advisors
Florida
$53.6M -$17.4M -94,258 -28%
California State Teachers Retirement System (CalSTRS)
83
California State Teachers Retirement System (CalSTRS)
California
$49.9M +$434K +2,351 +1%
AllianceBernstein
84
AllianceBernstein
Tennessee
$49.8M +$5.83M +31,531 +16%
WTA
85
Washington Trust Advisors
Massachusetts
$45.3M -$343K -1,854 -0.9%
ECA
86
Encompass Capital Advisors
New York
$43M +$36.8M +199,103 New
National Pension Service
87
National Pension Service
South Korea
$42.9M
SFM
88
Stack Financial Management
Montana
$41.2M -$761K -4,121 -2%
ERSOT
89
Employees Retirement System of Texas
Texas
$40.8M +$34.9M +189,000 New
RJA
90
Raymond James & Associates
Florida
$40.4M -$1.97M -10,689 -5%
Allianz Asset Management
91
Allianz Asset Management
Germany
$40M -$18.8M -101,928 -35%
CM
92
Cercano Management
Washington
$39.9M +$16.9M +91,474 +98%
SBH
93
Segall Bryant & Hamill
Illinois
$39.9M -$99.8M -540,202 -75%
LPL Financial
94
LPL Financial
California
$38.2M -$2.07M -11,209 -6%
Wells Fargo
95
Wells Fargo
California
$37.7M -$615K -3,326 -2%
Principal Financial Group
96
Principal Financial Group
Iowa
$36.7M -$28.8M -155,766 -48%
State Board of Administration of Florida Retirement System
97
State Board of Administration of Florida Retirement System
Florida
$36.5M +$993K +5,373 +3%
BNP Paribas Financial Markets
98
BNP Paribas Financial Markets
France
$36.1M +$5.18M +28,030 +20%
NRS
99
Neville Rodie & Shaw
New York
$35.8M +$3.16M +17,125 +12%
SAM
100
Scopus Asset Management
New York
$35.4M -$26.1M -141,500 -46%

PWR Hedge Fund Activity: Q4 2023 in Review

1,017 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Quanta Services (PWR) for Q4 2023, worth a combined $28.7B — up 20% from $24B a quarter earlier.

Buyers outnumbered sellers: 163 funds opened new PWR positions and 94 closed out — a net gain of 69 holders — while 321 added to existing stakes and 393 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $428M. The largest seller was Public Employees Retirement Association of Colorado, cutting an estimated $184M.

  • 1,017 institutional investors held Quanta Services (PWR) as of Q4 2023, up from 960 in Q3 2023.
  • Funds reported $28.7B of Quanta Services stock for Q4 2023, up 20% quarter-over-quarter.
  • 163 funds opened new Quanta Services positions in Q4 2023 and 94 closed out, a net change of +69 holders.
  • The largest Quanta Services buyer in Q4 2023 was JP Morgan Chase, an estimated $428M added.
  • The largest Quanta Services seller in Q4 2023 was Public Employees Retirement Association of Colorado, an estimated $184M sold.

Based on aggregated 13F filings for Q4 2023.