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 ($63.7m this quarter). Holder counts are more reliable. Shares outstanding: 78.9m as of 2025-07-28, 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 ≈ $170.08. Options: 20 managers hold calls ($123.4m notional), 19 hold puts ($66.2m).
Trends to Q2 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 |
| Q2 2025 | 595 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 315 | 232 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $153.1m | $108.7m | 0.71 |
| Q4 2024 | $86.9m | $87.4m | 1.01 |
| Q1 2025 | $66.1m | $77.8m | 1.18 |
| Q2 2025 | $123.4m | $66.2m | 0.54 |
Biggest buyers
| Point72 Asset Management, L.P. | Added | +689.5k |
| BlackRock, Inc. | Added | +492.9k |
| Qube Research & Technologies Ltd | Added | +399.0k |
| Cartenna Capital, LP | New | +300.0k |
| D. E. Shaw & Co., Inc. | Added | +294.2k |
| VANGUARD GROUP INC | Added | +234.6k |
| Freestone Grove Partners LP | Added | +207.8k |
| AMERIPRISE FINANCIAL INC | Added | +164.7k |
| Hood River Capital Management LLC | Added | +138.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +131.5k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -691.4k |
| Legacy Advisors, LLC | Reduced | -667.0k |
| Pacer Advisors, Inc. | Reduced | -592.0k |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -416.1k |
| SG Capital Management LLC | Reduced | -353.0k |
| ACK Asset Management LLC | Reduced | -337.7k |
| COOPER CREEK PARTNERS MANAGEMENT LLC | Reduced | -290.1k |
| Balyasny Asset Management L.P. | Reduced | -235.6k |
| BARCLAYS PLC | Reduced | -226.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -220.4k |
Biggest calls
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | $21.3m125.0k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $18.4m108.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.8m98.6k shares |
| CITADEL ADVISORS LLC | Reduced | $14.3m84.0k shares |
| Twin Tree Management, LP | Added | $13.3m77.8k shares |
| JANE STREET GROUP, LLC | Added | $7.9m46.2k shares |
| Walleye Trading LLC | Added | $5.2m30.4k shares |
| IMC-Chicago, LLC | Added | $5.1m30.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $4.4m25.4k shares |
| Jefferies Financial Group Inc. | Added | $3.9m23.0k shares |
Biggest puts
| Twin Tree Management, LP | Added | $13.8m80.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.8m63.5k shares |
| CITADEL ADVISORS LLC | Reduced | $9.5m55.7k shares |
| Jefferies Financial Group Inc. | Added | $6.4m37.7k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | $5.0m29.5k shares |
| IMC-Chicago, LLC | Added | $3.7m21.9k shares |
| Walleye Trading LLC | Added | $3.6m21.2k shares |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | New | $3.4m20.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.7m15.9k shares |
| JANE STREET GROUP, LLC | Reduced | $2.2m12.9k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2025 | 0 | — | 1 | $771.7k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-13 | Campbell C Robert Director | Sold | $310.0k2.0k shares |
| 2025-05-12 | Campbell C Robert Director | Sold | $461.7k3.0k 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.03% of their portfolio | 8.2m $1.4bn | Added +492.9k |
| VANGUARD GROUP INC 0.02% of their portfolio | 6.0m $1.0bn | Added +234.6k |
| Hill City Capital, LP 19.77% of their portfolio | 2.2m $367.3m | Added +10.0k |
| STATE STREET CORP 0.01% of their portfolio | 1.9m $319.3m | Reduced -43.8k |
| Invesco Ltd. 0.05% of their portfolio | 1.8m $300.8m | Added +102.1k |
| Hood River Capital Management LLC 4.03% of their portfolio | 1.7m $288.5m | Added +138.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.22% of their portfolio | 1.4m $234.6m | Reduced -416.1k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.1m $188.4m | Reduced -114.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $187.9m | Reduced -2.9k |
| MILLENNIUM MANAGEMENT LLC 0.16% of their portfolio | 1.1m $183.7m | Added +131.5k |
| AQR CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 1.1m $182.0m | Added +108.5k |
| Point72 Asset Management, L.P. 0.36% of their portfolio | 895.5k $152.6m | Added +689.5k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 823.6k $140.4m | Reduced -220.4k |
| Electron Capital Partners, LLC 6.81% of their portfolio | 747.3k $127.4m | Added +14.5k |
| MACQUARIE GROUP LTD 0.15% of their portfolio | 696.8k $118.8m | Reduced -74.5k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 671.9k $114.5m | Reduced -66.5k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 662.7k $113.0m | Reduced -31.0k |
| UBS Group AG 0.02% of their portfolio | 651.6k $111.0m | Added +71.1k |
| Freestone Grove Partners LP 0.82% of their portfolio | 635.6k $108.3m | Added +207.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 612.5k $104.4m | Added +611 |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 555.5k $94.7m | Added +164.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 552.0k $94.1m | Reduced -8.7k |
| Merewether Investment Management, LP 2.66% of their portfolio | 542.7k $92.5m | Reduced -218.3k |
| MORGAN STANLEY 0.01% of their portfolio | 528.9k $90.1m | Added +52.2k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.17% of their portfolio | 525.9k $89.6m | Reduced -7.5k |
| Qube Research & Technologies Ltd 0.12% of their portfolio | 506.9k $86.4m | Added +399.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 480.2k $81.8m | Reduced -14.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.29% of their portfolio | 428.5k $73.0m | Reduced -13.8k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 2.40% of their portfolio | 423.9k $72.2m | Reduced -290.1k |
| SAMLYN CAPITAL, LLC 0.95% of their portfolio | 382.6k $65.2m | Reduced -23.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 381.0k $64.9m | Reduced -65.1k |
| DNB Asset Management AS 0.26% of their portfolio | 364.5k $62.1m | Added +9.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 364.3k $62.1m | Added +115.6k |
| Blackstone Inc. 0.27% of their portfolio | 350.0k $59.7m | Added +35.0k |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 345.8k $58.9m | Reduced -235.6k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 340.1k $58.0m | Added +294.2k |
| LORD, ABBETT & CO. LLC 0.18% of their portfolio | 334.8k $57.1m | Added +27.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 331.1k $56.4m | Added +54.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 313.5k $53.4m | Added +26.8k |
| Cartenna Capital, LP 3.13% of their portfolio | 300.0k $51.1m | New |
| Assenagon Asset Management S.A. 0.08% of their portfolio | 281.2k $47.9m | Added +35.9k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 275.5k $47.0m | Added +103.4k |
| COUNTRY TRUST BANK 1.04% of their portfolio | 271.4k $46.3m | Reduced -32.1k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 271.2k $46.2m | Reduced -691.4k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 244.4k $41.6m | Added +11.7k |
| Orbis Allan Gray Ltd 0.20% of their portfolio | 239.4k $40.8m | Added +11.6k |
| Gotham Asset Management, LLC 0.24% of their portfolio | 234.9k $40.0m | Added +52.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 232.3k $39.6m | Added +90.6k |
| Goodlander Investment Management, LLC 13.99% of their portfolio | 200.0k $34.1m | Added +4.9k |
| Vontobel Holding Ltd. 0.11% of their portfolio | 198.1k $33.8m | Reduced -54.1k |
| Schonfeld Strategic Advisors LLC 0.24% of their portfolio | 190.6k $32.5m | Reduced -29.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 187.7k $32.0m | Reduced -71.7k |
| Wolf Hill Capital Management, LP 2.48% of their portfolio | 175.0k $29.8m | Added +25.0k |
| Nuveen, LLC 0.01% of their portfolio | 172.0k $29.3m | Reduced -9.7k |
| KIRR MARBACH & CO LLC /IN/ 5.78% of their portfolio | 171.6k $29.3m | Added +1.1k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 170.8k $29.1m | Added +2.2k |
| Candriam S.C.A. 0.16% of their portfolio | 164.5k $28.0m | Added +122.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 163.7k $27.9m | Added +125.2k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 155.5k $26.5m | Reduced -144.8k |
| MAKENA CAPITAL MANAGEMENT LLC 2.59% of their portfolio | 151.8k $25.9m | Reduced -23.8k |
| COMMUNITY TRUST & INVESTMENT CO 1.46% of their portfolio | 148.5k $25.3m | Reduced -14.4k |
| BARCLAYS PLC 0.01% of their portfolio | 143.7k $24.5m | Reduced -226.5k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 137.4k $23.4m | Reduced -153.2k |
| TORONTO DOMINION BANK 0.05% of their portfolio | 125.1k $21.3m | Added +124.9k |
| ACK Asset Management LLC 2.80% of their portfolio | 125.0k $21.3m | Reduced -337.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 123.2k $21.0m | Reduced -7.8k |
| GREAT LAKES ADVISORS, LLC 0.17% of their portfolio | 121.1k $20.6m | Added +16.5k |
| Swiss National Bank 0.01% of their portfolio | 120.8k $20.6m | Reduced -2.0k |
| Walleye Capital LLC 0.18% of their portfolio | 116.5k $19.8m | Added +53.1k |
| Trexquant Investment LP 0.22% of their portfolio | 116.1k $19.8m | Added +52.9k |
| Verition Fund Management LLC 0.11% of their portfolio | 116.1k $19.8m | Reduced -9.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 111.1k $18.9m | Added +7.0k |
| Legacy Advisors, LLC 10.17% of their portfolio | 109.7k $643.6k | Reduced -667.0k |
| MUHLENKAMP & CO INC 5.64% of their portfolio | 106.1k $18.1m | Added +625 |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 106.0k $18.1m | Added +227 |
| LPL Financial LLC 0.01% of their portfolio | 105.8k $18.0m | Reduced -24.5k |
| Legal & General Group Plc 0.00% of their portfolio | 103.2k $17.6m | Added +3.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 99.1k $16.9m | Added +33.1k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 95.8k $16.3m | Added +24.6k |
| Cubist Systematic Strategies, LLC 0.17% of their portfolio | 94.5k $16.1m | New |
| SCOPUS ASSET MANAGEMENT, L.P. 0.43% of their portfolio | 93.9k $16.0m | Added +58.1k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 93.8k $16.1m | Reduced -17.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 93.5k $15.9m | Reduced -5.7k |
| Daiwa Securities Group Inc. 0.06% of their portfolio | 92.8k $15.8m | Added +4.7k |
| Raiffeisen Bank International AG 0.23% of their portfolio | 91.0k $15.3m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 87.3k $14.9m | Added +70.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 86.2k $14.7m | Reduced -89.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.13% of their portfolio | 83.7k $14.3m | Reduced -29.9k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 81.8k $13.9m | Added +8.2k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 79.5k $13.5m | Reduced -188.6k |
| Sterling Capital Management LLC 0.19% of their portfolio | 79.0k $13.5m | Added +11.1k |
| Moran Wealth Management, LLC 0.42% of their portfolio | 79.0k $13.5m | Reduced -4.1k |
| PINEBRIDGE INVESTMENTS, L.P. 0.10% of their portfolio | 77.5k $13.2m | Reduced -7.8k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.20% of their portfolio | 75.0k $12.8m | Reduced -9.0k |
| Retirement Systems of Alabama 0.05% of their portfolio | 74.9k $12.8m | Added +1 |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 74.6k $12.7m | Added +72.3k |
| NORGES BANK 0.00% of their portfolio | 73.4k $12.5m | Added +22.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 72.6k $12.4m | New |
| NATIXIS 0.06% of their portfolio | 72.1k $12.3m | Added +62.4k |
| BANK OF NOVA SCOTIA 0.02% of their portfolio | 71.0k $12.1m | Reduced -22.3k |