Allspring Global Investments Reduces Stake in Quanta Services

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Allspring Global Investments Holdings LLC, an investment management firm, reduced its stake in Quanta Services, Inc. (NYSE: PWR) by 7.6% during the fourth quarter of 2025. The firm sold 35,056 shares, leaving it with 423,242 shares worth approximately $186 million at the end of the reporting period.

Why it matters

Quanta Services is a major player in the construction and infrastructure sectors, providing services for electric power, pipeline, and communications projects. Allspring's reduced position could signal a shift in the firm's investment strategy or outlook on the company's future performance.

The details

According to a filing with the Securities and Exchange Commission, Allspring Global Investments Holdings LLC sold 35,056 shares of Quanta Services during the fourth quarter of 2025. This reduced the firm's total holdings in the company to 423,242 shares, which were valued at around $186 million at the end of the reporting period. Quanta Services is a construction and infrastructure services provider that works on a variety of projects, including electric power transmission and distribution, pipeline construction, and communications network buildouts.

• Allspring Global Investments Holdings LLC filed its Q4 2025 holdings report with the SEC on March 31, 2026.