Finemark National Bank & Trust Reduces Stake in Quanta Services

Bank cuts holdings in construction company by over 20% in Q3

Mar. 3, 2026 at 12:23am

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Finemark National Bank & Trust reduced its stake in Quanta Services, Inc. (NYSE:PWR) by 20.7% in the third quarter, according to a recent SEC filing. The bank now owns 53,090 shares of the construction company's stock, down from 66,914 shares previously.

Why it matters

Quanta Services is a major player in the construction and infrastructure sectors, providing services for electric power, pipeline, and communications networks. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and market expectations.

The details

According to the 13F filing, Finemark National Bank & Trust sold 13,824 shares of Quanta Services during the third quarter. The bank's total holdings in the company are now valued at $22 million. Quanta Services' stock price has risen significantly over the past year, up over 50% as of the most recent quarter.

  • Finemark National Bank & Trust filed its 13F report for the third quarter of 2026.

The players

Finemark National Bank & Trust

A regional bank and wealth management firm based in Florida.

Quanta Services, Inc.

A leading specialty contractor providing infrastructure solutions for the electric power, pipeline, and communications markets.

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The takeaway

The reduction in Finemark National Bank & Trust's Quanta Services holdings suggests the bank may be taking a more cautious view on the construction company's near-term prospects, even as the stock has seen strong gains. Investors will be watching to see if other institutional investors follow suit or if Quanta Services can maintain its momentum.