Boothbay Fund Management Reduces Stake in Quanta Services

Institutional investor decreases position in construction and infrastructure services company

Mar. 15, 2026 at 8:58am

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Boothbay Fund Management LLC has reduced its stake in Quanta Services, Inc. (NYSE:PWR) by 7.0% in the third quarter, according to the company's latest 13F filing with the SEC. Boothbay Fund Management now owns 34,452 shares of the construction company's stock, valued at $14,278,000 at the end of the quarter.

Why it matters

Quanta Services is a major player in the construction and infrastructure services industry, providing engineering, procurement, construction, and maintenance services for electric power, pipeline, and communications networks. Changes in institutional ownership can signal shifts in market sentiment and future performance expectations for the company.

The details

According to the 13F filing, Boothbay Fund Management sold 2,594 shares of Quanta Services during the third quarter, reducing its total position to 34,452 shares. The firm cited unspecified reasons for the decrease in its stake in the company.

  • Boothbay Fund Management filed its 13F report for the third quarter of 2026.

The players

Boothbay Fund Management LLC

An institutional investment management firm that has reduced its stake in Quanta Services.

Quanta Services, Inc.

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

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The takeaway

The reduction in Boothbay Fund Management's position in Quanta Services could signal a shift in market sentiment or future performance expectations for the company, though the specific reasons for the decrease are not disclosed. As a major player in the infrastructure services industry, changes in Quanta's institutional ownership are worth monitoring.