Shepherd Wealth Management Reduces Quanta Services Holdings

The investment firm lowered its stake in the construction company by over 33% in Q4 2025.

Apr. 5, 2026 at 11:05am

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co reduced its holdings in Quanta Services, Inc. (NYSE:PWR) by 33.8% during the fourth quarter, according to a recent SEC filing. The firm now owns 4,860 shares of the construction company's stock, down from 7,342 shares at the end of the previous quarter.

Why it matters

Quanta Services is a major player in the electric power, pipeline, and communications infrastructure sectors, making it a bellwether for the broader construction industry. Shifts in institutional ownership of the company's stock can signal changes in investor sentiment around the infrastructure market.

The details

SHEPHERD WEALTH MANAGEMENT sold 2,482 shares of Quanta Services during the fourth quarter, reducing its total position to 4,860 shares worth approximately $2.27 million. The firm's holdings in Quanta Services now make up around 1.9% of its total investment portfolio.

  • SHEPHERD WEALTH MANAGEMENT filed its 13F report for the fourth quarter of 2025 on April 5, 2026.
  • The firm reduced its Quanta Services holdings during the three-month period ending December 31, 2025.

The players

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co

An investment management firm that owns shares in a variety of construction, infrastructure, and utility companies.

Quanta Services, Inc.

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

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The takeaway

The reduction in SHEPHERD WEALTH MANAGEMENT's Quanta Services holdings suggests a potential shift in investor sentiment around infrastructure and construction stocks, though the firm's overall position remains sizable. Analysts will be watching to see if other major institutional investors make similar moves in the coming quarters.