MASTEC INC MTZ
COM · Common Stock · CUSIP 576323109 · ISIN US5763231090
Infrastructure and construction company
- SectorIndustrials
- IndustryWater, Sewer, Pipeline, Comm & Power Line Construction
- HeadquartersCoral Gables, FL
- Founded1994
- Websitemastec.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($20.4m this quarter). Holder counts are more reliable. Shares outstanding: 78.9m as of 2025-04-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $116.48. Options: 21 managers hold calls ($66.1m notional), 21 hold puts ($77.8m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 338 |
| Q4 2022 | 387 |
| Q1 2023 | 393 |
| Q2 2023 | 394 |
| Q3 2023 | 384 |
| Q4 2023 | 369 |
| Q1 2024 | 382 |
| Q2 2024 | 430 |
| Q3 2024 | 471 |
| Q4 2024 | 532 |
| Q1 2025 | 525 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 153 | 190 |
| Q3 2023 | 172 | 206 |
| Q4 2023 | 169 | 197 |
| Q1 2024 | 177 | 178 |
| Q2 2024 | 214 | 180 |
| Q3 2024 | 227 | 191 |
| Q4 2024 | 279 | 195 |
| Q1 2025 | 283 | 245 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $133.7m | $124.8m | 0.93 |
| Q3 2024 | $153.1m | $108.7m | 0.71 |
| Q4 2024 | $86.9m | $87.4m | 1.01 |
| Q1 2025 | $66.1m | $77.8m | 1.18 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +648.2k |
| Merewether Investment Management, LP | Added | +418.6k |
| COOPER CREEK PARTNERS MANAGEMENT LLC | Added | +396.1k |
| BlackRock, Inc. | Added | +377.9k |
| Blackstone Inc. | New | +315.0k |
| BANK OF AMERICA CORP /DE/ | Added | +287.7k |
| AMERIPRISE FINANCIAL INC | Added | +246.7k |
| MARSHALL WACE, LLP | Added | +228.6k |
| SG Capital Management LLC | Added | +203.8k |
| Freestone Grove Partners LP | Added | +194.7k |
Biggest sellers
| Pacer Advisors, Inc. | Reduced | -1.1m |
| MACKENZIE FINANCIAL CORP | Reduced | -617.3k |
| Point72 Asset Management, L.P. | Reduced | -528.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -514.0k |
| CITADEL ADVISORS LLC | Reduced | -493.5k |
| Invesco Ltd. | Reduced | -343.3k |
| Electron Capital Partners, LLC | Reduced | -304.1k |
| Wolf Hill Capital Management, LP | Reduced | -224.0k |
| VAN ECK ASSOCIATES CORP | Reduced | -204.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -191.4k |
Biggest calls
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | $12.3m105.0k shares |
| Balyasny Asset Management L.P. | New | $11.7m100.0k shares |
| CITADEL ADVISORS LLC | Reduced | $10.1m86.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.0m77.4k shares |
| WOLVERINE TRADING, LLC | Added | $4.1m35.8k shares |
| JANE STREET GROUP, LLC | Reduced | $3.2m27.8k shares |
| PEAK6 LLC | Added | $2.9m24.8k shares |
| IMC-Chicago, LLC | Reduced | $2.8m24.4k shares |
| Freemont Management S.A. | Unchanged | $1.8m15.0k shares |
| Walleye Trading LLC | Added | $1.4m12.0k shares |
Biggest puts
| SG Capital Management LLC | New | $11.5m98.5k shares |
| CITADEL ADVISORS LLC | Reduced | $9.8m84.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.2m79.1k shares |
| JANE STREET GROUP, LLC | Added | $8.3m71.0k shares |
| Twin Tree Management, LP | Reduced | $7.8m67.1k shares |
| TORONTO DOMINION BANK | New | $5.4m46.0k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $4.7m40.0k shares |
| WOLVERINE TRADING, LLC | Added | $4.3m37.4k shares |
| Jefferies Financial Group Inc. | New | $4.0m34.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.6m22.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
MAS JORGE
13D · may seek influence
-0.2 pts · filed 2026-08-13
Stated purposeThe purpose of this filing to is report the entry by JM Holdings I on August 10, 2026 into an amendment (the "Fourth Amendment") to the previously reported prepaid variable forward sale contract entered into by JM Holdings I with an unaffiliated party (the "2019 Prepaid Forward Contract," and, as amended to date, the "Prepaid Forward Contract"). The Fourth Amendment amends the Floor Price (as defined below) and Cap Price (as defined below) for each Tranche 1 Component (as defined below), which were determined based on the volume weighted average price (the "VWAP") of MasTec, Inc.'s common stock for a specified period ended on August 11, 2026. The Prepaid Forward Contract provides for the settlement of the transaction, at the option of JM Holdings I, in cash or in Shares. At settlement JM … Full filing |
14.8% |
| BlackRock, Inc. 13G · institution +1.3 pts · filed 2026-07-29 | 8.1% |
MAS JOSE RAMON
13D · may seek influence
-0.1 pts · filed 2026-08-13
Stated purposeThe purpose of this filing to is report entry by Jose Ramon Mas on August 10, 2026 into an amendment (the "Fourth Amendment") to the previously reported prepaid variable forward sale contract entered into by Jose Ramon Mas with an unaffiliated party (the "JR 2019 Prepaid Forward Contract," and, as amended to date, the "Prepaid Forward Contract"). The Fourth Amendment amends the Floor Price (as defined below) and Cap Price (as defined below) for each Tranche 2 Component (as defined below), which were determined based on the volume weighted average price (the "VWAP") of MasTec, Inc.'s common stock for a specified period ended on August 11, 2026. The Prepaid Forward Contract provides for the settlement of the transaction, at the option of Jose Ramon Mas, in cash or in Shares. At settlement J… Full filing |
7.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $173.3k | $173.3k |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 2 | $918.2k | — |
| Q3 2024 | 0 | — | 3 | $3.4m | $2.5m |
| Q4 2024 | 0 | — | 4 | $5.2m | $4.2m |
| Q1 2025 | 0 | — | 1 | $331.3k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-24 | Csiszar Ernst N Director | Sold | $331.3k2.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 7.7m $895.3m | Added +377.9k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.7m $669.6m | Reduced -16.4k |
| Hill City Capital, LP 18.64% of their portfolio | 2.1m $250.3m | Added +15.0k |
| STATE STREET CORP 0.01% of their portfolio | 1.9m $223.8m | Added +14.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.21% of their portfolio | 1.8m $202.6m | Reduced -157.7k |
| Invesco Ltd. 0.04% of their portfolio | 1.7m $194.1m | Reduced -343.3k |
| Hood River Capital Management LLC 3.10% of their portfolio | 1.6m $181.4m | Added +23.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.2m $142.3m | Added +39.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $129.0m | Added +79.1k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.0m $121.8m | Added +648.2k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 963.7k $106.2m | Added +184.3k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 962.6k $112.4m | Reduced -182.1k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 946.3k $110.4m | Reduced -514.0k |
| Legacy Advisors, LLC 9.39% of their portfolio | 776.7k $90.6m | Reduced -42.0k |
| MACQUARIE GROUP LTD 0.11% of their portfolio | 771.3k $90.0m | Reduced -50.9k |
| Merewether Investment Management, LP 3.23% of their portfolio | 761.0k $88.8m | Added +418.6k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 738.4k $86.2m | Added +150.7k |
| Electron Capital Partners, LLC 6.13% of their portfolio | 732.8k $85.5m | Reduced -304.1k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 2.70% of their portfolio | 714.0k $83.3m | Added +396.1k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 693.8k $81.0m | Added +287.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 611.9k $71.4m | Reduced -12.6k |
| Pacer Advisors, Inc. 0.17% of their portfolio | 603.5k $70.4m | Reduced -1.1m |
| Balyasny Asset Management L.P. 0.17% of their portfolio | 581.4k $67.9m | Reduced -46.2k |
| UBS Group AG 0.02% of their portfolio | 580.5k $67.7m | Added +10.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 560.7k $65.4m | Added +4.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.13% of their portfolio | 533.4k $62.3m | Reduced -13.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 495.1k $57.8m | Reduced -26.0k |
| MORGAN STANLEY 0.00% of their portfolio | 476.7k $55.6m | Added +24.7k |
| ACK Asset Management LLC 8.87% of their portfolio | 462.7k $54.0m | Reduced -69.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 446.1k $52.1m | Added +12.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.20% of their portfolio | 442.4k $51.6m | Added +55.3k |
| Freestone Grove Partners LP 0.51% of their portfolio | 427.8k $49.9m | Added +194.7k |
| SAMLYN CAPITAL, LLC 0.78% of their portfolio | 406.2k $47.4m | Added +31.2k |
| SG Capital Management LLC 4.73% of their portfolio | 403.0k $47.0m | Added +203.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 390.8k $45.6m | Added +246.7k |
| BARCLAYS PLC 0.02% of their portfolio | 370.2k $43.2m | Added +95.0k |
| DNB Asset Management AS 0.19% of their portfolio | 355.2k $41.5m | Added +88.1k |
| Blackstone Inc. 0.16% of their portfolio | 315.0k $36.8m | New |
| LORD, ABBETT & CO. LLC 0.13% of their portfolio | 307.4k $35.9m | Added +134.5k |
| COUNTRY TRUST BANK 0.89% of their portfolio | 303.5k $35.4m | Added +15.6k |
| PRUDENTIAL FINANCIAL INC 0.05% of their portfolio | 300.3k $35.0m | Reduced -104.9k |
| MACKENZIE FINANCIAL CORP 0.05% of their portfolio | 290.6k $33.9m | Reduced -617.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 286.7k $33.5m | Reduced -21.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 276.9k $32.3m | Added +27.4k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 268.1k $31.3m | Added +228.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 259.4k $30.3m | Added +65.1k |
| Vontobel Holding Ltd. 0.11% of their portfolio | 252.2k $29.4m | Reduced -120.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 248.7k $29.0m | Reduced -191.4k |
| Assenagon Asset Management S.A. 0.05% of their portfolio | 245.2k $28.6m | Added +59.1k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 232.7k $27.2m | Added +184.6k |
| Orbis Allan Gray Ltd 0.15% of their portfolio | 227.8k $26.6m | Added +20.6k |
| Schonfeld Strategic Advisors LLC 0.17% of their portfolio | 220.6k $25.7m | Added +16.2k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 206.0k $24.0m | Reduced -528.2k |
| Goodlander Investment Management, LLC 19.43% of their portfolio | 195.1k $22.8m | Added +25.1k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.20% of their portfolio | 189.4k $22.1m | New |
| Gotham Asset Management, LLC 0.18% of their portfolio | 182.4k $21.3m | Added +14.7k |
| Nuveen, LLC 0.01% of their portfolio | 181.7k $21.2m | First filing |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 175.8k $20.5m | Reduced -493.5k |
| MAKENA CAPITAL MANAGEMENT LLC 2.12% of their portfolio | 175.6k $20.5m | Added +96.9k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 172.1k $20.1m | Added +41.5k |
| KIRR MARBACH & CO LLC /IN/ 4.62% of their portfolio | 170.5k $19.9m | Reduced -1.2k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 168.6k $19.7m | Reduced -738 |
| Covalis Capital LLP 4.40% of their portfolio | 164.3k $19.2m | Added +114.1k |
| COMMUNITY TRUST & INVESTMENT CO 1.22% of their portfolio | 162.9k $19.0m | Added +1.8k |
| Wolf Hill Capital Management, LP 1.58% of their portfolio | 150.0k $17.5m | Reduced -224.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 141.7k $16.5m | Reduced -67.7k |
| Temasek Holdings (Private) Ltd 0.06% of their portfolio | 131.8k $15.4m | Added +121.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 131.1k $15.3m | Added +10.9k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 3.20% of their portfolio | 130.6k $15.2m | Added +16.9k |
| LPL Financial LLC 0.01% of their portfolio | 130.3k $15.2m | Added +109.8k |
| Verition Fund Management LLC 0.08% of their portfolio | 125.1k $14.6m | Reduced -593 |
| Swiss National Bank 0.01% of their portfolio | 122.8k $14.3m | Reduced -1.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.14% of their portfolio | 113.6k $13.3m | Reduced -40.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 111.0k $12.7m | Reduced -2.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 107.8k $12.6m | Reduced -107.3k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 105.7k $12.3m | Reduced -18.2k |
| MUHLENKAMP & CO INC 4.03% of their portfolio | 105.5k $12.3m | Reduced -45 |
| GREAT LAKES ADVISORS, LLC 0.11% of their portfolio | 104.6k $12.2m | Reduced -79 |
| BRUNI J V & CO /CO 1.42% of their portfolio | 104.6k $12.2m | Reduced -53.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 104.2k $12.2m | Reduced -2.6k |
| Legal & General Group Plc 0.00% of their portfolio | 100.0k $11.7m | Added +1.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 99.2k $11.6m | Reduced -6.3k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 93.4k $10.9m | Added +40.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 92.9k $10.8m | Added +58.0k |
| Arosa Capital Management LP 7.05% of their portfolio | 91.0k $10.6m | New |
| Raiffeisen Bank International AG 0.17% of their portfolio | 91.0k $10.5m | Unchanged |
| Daiwa Securities Group Inc. 0.04% of their portfolio | 88.1k $10.3m | Added +17.6k |
| PINEBRIDGE INVESTMENTS, L.P. 0.08% of their portfolio | 85.3k $10.0m | Reduced -10.5k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.17% of their portfolio | 84.0k $9.8m | Added +14.0k |
| Moran Wealth Management, LLC 0.33% of their portfolio | 83.0k $9.7m | Reduced -4.2k |
| ROYCE & ASSOCIATES LP 0.10% of their portfolio | 79.0k $9.2m | Unchanged |
| Retirement Systems of Alabama 0.03% of their portfolio | 74.9k $8.7m | Added +73 |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 73.7k $8.6m | Added +19.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 73.4k $8.6m | First filing |
| SEI INVESTMENTS CO 0.01% of their portfolio | 71.3k $8.3m | Reduced -11.8k |
| Corebridge Financial, Inc. 0.05% of their portfolio | 68.0k $7.9m | Reduced -1.7k |
| Sterling Capital Management LLC 0.12% of their portfolio | 68.0k $7.9m | Added +1.4k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 67.3k $7.8m | Added +33.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 66.0k $7.7m | Reduced -34.2k |
| Walleye Capital LLC 0.08% of their portfolio | 63.3k $7.4m | Added +26.9k |