Y Intercept Hong Kong Ltd has acquired a new position in Ferrovial SE, a multinational infrastructure firm listed on U.S. exchanges, marking a targeted expansion of its equity holdings during the third quarter of the latest reporting period.

According to the most recent U.S. Securities and Exchange Commission filings, the firm purchased 25,459 shares of Ferrovial stock, valuing its stake at approximately $1.49 million.

The move underscores the investor’s interest in diversified infrastructure assets amid broader institutional activity in the sector.

Ferrovial, headquartered in Madrid, specialises in the design, construction and operation of large transportation and urban infrastructure projects worldwide, including toll roads, airports and civil engineering works, often under long-term concession and public-private partnership models.

Y Intercept’s new position comes amidst a backdrop of other significant institutional transactions in the company’s stock: major financial groups such as HSBC and Vanguard have increased their holdings, while Norges Bank also initiated a substantial new stake.

These shifts have contributed to institutional and hedge funds holding an estimated 22.28 per cent of Ferrovial’s outstanding shares, reflecting sustained investor confidence in the company’s long-term prospects.

Shares of Ferrovial opened recent trading sessions near twelve-month highs, supported by solid infrastructure demand and strategic capital allocation within the sector.

Analysts maintain a consensus “Moderate Buy” rating on the stock, with an average target price above current levels, signalling potential upside for longer-term shareholders.

The acquisition by Y Intercept Hong Kong Ltd highlights the ongoing appeal of globally diversified infrastructure firms to asset managers seeking stable, long-duration investments amid evolving macroeconomic conditions.