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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.5B +$35.4M +191,334 +1%
BlackRock
2
BlackRock
New York
$2.41B -$41.9M -226,715 -2%
JP Morgan Chase
3
JP Morgan Chase
New York
$1.43B +$428M +2,313,812 +54%
Capital World Investors
4
Capital World Investors
California
$1.29B +$115M +624,545 +12%
State Street
5
State Street
Massachusetts
$1.2B -$3.07M -16,618 -0.3%
PP
6
Peconic Partners
New York
$1.19B
Fidelity Investments
7
Fidelity Investments
Massachusetts
$1.14B +$196M +1,059,246 +25%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$691M +$13.3M +72,097 +2%
Morgan Stanley
9
Morgan Stanley
New York
$623M +$249M +1,346,617 +87%
DZ Bank
10
DZ Bank
Germany
$530M -$1.5M -8,144 -0.3%
Artisan Partners
11
Artisan Partners
Wisconsin
$526M +$358M +1,935,786 +385%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$390M +$31.9M +172,430 +11%
Invesco
13
Invesco
Georgia
$366M -$82.3M -445,302 -21%
Norges Bank
14
Norges Bank
Norway
$336M -$20.9M -113,123 -7%
Select Equity Group
15
Select Equity Group
New York
$328M +$82.6M +447,059 +42%
Northern Trust
16
Northern Trust
Illinois
$300M -$11.6M -62,843 -4%
Bank of America
17
Bank of America
North Carolina
$298M +$6.27M +33,919 +3%
AM
18
AGF Management
Ontario, Canada
$294M -$9.09M -49,192 -3%
UBS Group
19
UBS Group
Switzerland
$269M +$55.2M +298,540 +32%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$252M -$59.6M -322,767 -22%
Massachusetts Financial Services
21
Massachusetts Financial Services
Massachusetts
$249M -$47.5M -257,258 -18%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$235M -$5.59M -30,274 -3%
Franklin Resources
23
Franklin Resources
California
$222M -$39.6M -214,268 -17%
Bessemer Group
24
Bessemer Group
New Jersey
$220M +$2.55M +13,805 +1%
Fidelity International
25
Fidelity International
Bermuda
$219M -$40.8M -220,657 -18%

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.