Moore Capital Management Boosts Stake in MasTec

Institutional investor increases position in construction company by 40.9% in Q3

Mar. 17, 2026 at 10:52am

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Moore Capital Management LP, a major institutional investor, has increased its stake in MasTec, Inc. (NYSE:MTZ) by 40.9% in the third quarter of 2026. The fund now owns 72,393 shares of the construction company's stock, worth approximately $15.4 million.

Why it matters

This investment by a prominent hedge fund signals confidence in MasTec's growth prospects and the overall strength of the construction industry. As a major player in infrastructure projects, MasTec's performance is seen as a bellwether for the sector.

The details

According to a recent 13F filing, Moore Capital Management boosted its position in MasTec by adding 21,018 shares during the third quarter. The fund now owns approximately 0.09% of the construction company's outstanding stock. MasTec's shares have been on a strong run, rising over 50% in the past year as the company has benefited from increased infrastructure spending and a robust construction market.

  • Moore Capital Management increased its MasTec stake in the 3rd quarter of 2026.

The players

Moore Capital Management LP

A prominent hedge fund that has increased its stake in MasTec, a leading construction and infrastructure company.

MasTec, Inc.

A diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets, including communications networks, oil and gas pipelines, electrical transmission and distribution, and renewable energy projects.

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The takeaway

This investment by Moore Capital Management underscores the positive outlook for the construction industry and MasTec's role as a key player in critical infrastructure projects across North America.