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Quanta Services

1,071 hedge funds and large institutions have $33.7B invested in Quanta Services in 2024 Q1 according to their latest regulatory filings, with 137 funds opening new positions, 380 increasing their positions, 400 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

99% more first-time investments, than exits

New positions opened: 137 | Existing positions closed: 69

60% more call options, than puts

Call options by funds: $318M | Put options by funds: $199M

20% more funds holding in top 10

Funds holding in top 10: 3036 (+6)

17% more capital invested

Capital invested by funds: $28.7B → $33.7B (+$5B)

5% more funds holding

Funds holding: 1,0171,071 (+54)

5% less repeat investments, than reductions

Existing positions increased: 380 | Existing positions reduced: 400

2.78% less ownership

Funds ownership: 92.11%89.33% (-2.8%)

Holders
1,071
Holders Change
+54
Holders Change %
+5.31%
% of All Funds
15.43%
Holding in Top 10
36
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+20%
% of All Funds
0.52%
New
137
Increased
380
Reduced
400
Closed
69
Calls
$318M
Puts
$199M
Net Calls
+$119M
Net Calls Change
+$96.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.25B +$23.3M +105,355 +0.6%
BlackRock
2
BlackRock
New York
$2.92B +$13.5M +61,057 +0.5%
JP Morgan Chase
3
JP Morgan Chase
New York
$1.76B +$40.2M +181,620 +3%
Capital World Investors
4
Capital World Investors
California
$1.73B +$142M +643,011 +11%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.53B +$134M +606,687 +11%
State Street
6
State Street
Massachusetts
$1.47B +$22.9M +103,358 +2%
PP
7
Peconic Partners
New York
$1.45B +$15.5M +70,200 +1%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$856M +$21.3M +96,351 +3%
Artisan Partners
9
Artisan Partners
Wisconsin
$664M +$26.2M +118,570 +5%
Select Equity Group
10
Select Equity Group
New York
$482M +$74.4M +336,180 +22%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$444M -$21.7M -98,002 -5%
Norges Bank
12
Norges Bank
Norway
$425M +$17.9M +80,710 +5%
Morgan Stanley
13
Morgan Stanley
New York
$424M -$278M -1,255,236 -43%
Invesco
14
Invesco
Georgia
$401M -$33.6M -152,037 -9%
Bank of America
15
Bank of America
North Carolina
$401M +$35.6M +161,030 +12%
UBS Group
16
UBS Group
Switzerland
$379M +$46.7M +211,261 +17%
DZ Bank
17
DZ Bank
Germany
$374M -$225M -1,017,002 -41%
Northern Trust
18
Northern Trust
Illinois
$347M -$12.2M -55,230 -4%
Massachusetts Financial Services
19
Massachusetts Financial Services
Massachusetts
$273M -$23.4M -105,982 -9%
Deutsche Bank
20
Deutsche Bank
Germany
$268M +$102M +462,269 +81%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$262M -$17.7M -79,852 -7%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$248M -$46.8M -211,584 -18%
Franklin Resources
23
Franklin Resources
California
$244M -$20M -90,568 -9%
Bessemer Group
24
Bessemer Group
New Jersey
$243M -$18.7M -84,627 -8%
Fidelity International
25
Fidelity International
Bermuda
$241M -$18.6M -83,928 -8%

PWR Hedge Fund Activity: Q1 2024 in Review

1,071 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Quanta Services (PWR) for Q1 2024, worth a combined $33.7B — up 17% from $28.7B a quarter earlier.

Buyers outnumbered sellers: 137 funds opened new PWR positions and 69 closed out — a net gain of 68 holders — while 380 added to existing stakes and 400 trimmed.

The largest buyer was Capital World Investors, adding an estimated $142M. The largest seller was Morgan Stanley, cutting an estimated $278M.

  • 1,071 institutional investors held Quanta Services (PWR) as of Q1 2024, up from 1,017 in Q4 2023.
  • Funds reported $33.7B of Quanta Services stock for Q1 2024, up 17% quarter-over-quarter.
  • 137 funds opened new Quanta Services positions in Q1 2024 and 69 closed out, a net change of +68 holders.
  • The largest Quanta Services buyer in Q1 2024 was Capital World Investors, an estimated $142M added.
  • The largest Quanta Services seller in Q1 2024 was Morgan Stanley, an estimated $278M sold.

Based on aggregated 13F filings for Q1 2024.