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Swiss Life Asset Management Ltd, an institutional investor, has increased its holdings in Quanta Services, Inc. (NYSE:PWR) by 19.1% in the third quarter, according to a recent filing with the Securities and Exchange Commission. The investor now owns 24,764 shares of the construction company’s stock, valued at $10,263,000.
Why it matters
Quanta Services is a leading specialty contractor that provides infrastructure solutions for the electric power, pipeline, energy, and communications markets. The increase in ownership by Swiss Life Asset Management suggests confidence in the company’s growth potential and ability to capitalize on infrastructure development and modernization projects.
The details
Swiss Life Asset Management Ltd lifted its holdings in Quanta Services by adding 3,978 additional shares during the third quarter. This brings the institutional investor’s total stake in the construction company to 24,764 shares. Quanta Services has seen increased demand for its services as the energy and communications sectors invest in upgrading and expanding critical infrastructure.
- Swiss Life Asset Management filed its third quarter holdings report with the SEC on March 21, 2026.
An institutional investor that manages assets on behalf of Swiss Life, a major insurance and financial services group based in Switzerland.
A leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets.
The increased investment by Swiss Life Asset Management in Quanta Services reflects the construction company’s strong position in the infrastructure services market. As demand grows for upgrades and expansions to energy and communications networks, Quanta Services is well-positioned to capitalize on these opportunities.