- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Spire Wealth Management Reduces Stake in Quanta Services
Institutional investor sells nearly 4,000 shares of construction company
Mar. 29, 2026 at 10:48am
Got story updates? Submit your updates here. ›
Spire Wealth Management, an institutional investor, reduced its holdings in Quanta Services, Inc. (NYSE:PWR) by 14.8% during the fourth quarter, according to a recent SEC filing. The firm now owns 21,921 shares of the construction company's stock, valued at $9.25 million.
Why it matters
Quanta Services is a leading specialty contractor that provides infrastructure solutions for the electric power, pipeline, energy, and communications markets. Institutional investor activity in the company's stock can provide insights into market sentiment and future performance.
The details
According to the filing, Spire Wealth Management sold 3,799 shares of Quanta Services during the fourth quarter, reducing its total position to 21,921 shares. The firm cited portfolio rebalancing as the reason for the sale. Quanta Services' stock price has risen significantly over the past year, up over 40% as the company has benefited from increased infrastructure spending and the transition to renewable energy.
- Spire Wealth Management filed the 13F report disclosing the stake reduction on March 29, 2026.
- The sale occurred during the fourth quarter of 2025.
The players
Spire Wealth Management
An institutional investment firm that manages a portfolio of stocks, including a position in Quanta Services.
Quanta Services, Inc.
A leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline, energy, and communications markets.
The takeaway
The reduction in Spire Wealth Management's position in Quanta Services suggests the firm may be taking profits or rebalancing its portfolio, but does not necessarily indicate a broader shift in sentiment around the construction company's prospects. Quanta Services remains a key player in the infrastructure and renewable energy sectors, which continue to see strong demand.
