Value investing firm Muhlenkamp & Company fully liquidated its position in infrastructure construction company MasTec (MTZ) during the second quarter of 2026. The sale of 42,832 shares, valued at approximately $13.78 million, removed a holding that previously accounted for 3.63% of the firm's reported portfolio. The transaction was the firm's most significant portfolio change for the period.
This trade information comes from a quarterly 13F filing released on August 18, 2026, which discloses positions held as of June 30, 2026. During the trading period, MasTec reported record quarterly revenue and a growing backlog, but its stock fell after the July 30th earnings announcement as investors reacted to project timing issues.