Maximus
351 hedge funds and large institutions have $3.01B invested in Maximus in 2026 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 140 increasing their positions, 115 reducing their positions, and 73 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 115
4.8% more ownership
Funds ownership: 101.6% → 106.4% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 375 → 351 (-24)
15% less capital invested
Capital invested by funds: $3.56B → $3.01B (-$543M)
25% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 73
58% less call options, than puts
Call options by funds: $306K | Put options by funds: $731K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$70.3M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$41.3M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$38.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$32.3M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$164M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$101M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$37.7M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$22.5M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$13.5M |
MMS Hedge Fund Activity: Q2 2026 in Review
351 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q2 2026, worth a combined $3.01B — down 15% from $3.56B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of MMS and 55 opened new positions — a net loss of 18 holders — while 115 trimmed existing stakes and 140 added.
The largest buyer was Reinhart Partners, adding an estimated $70.3M. The largest seller was Fidelity Investments, cutting an estimated $164M.
- 351 institutional investors held Maximus (MMS) as of Q2 2026, down from 375 in Q1 2026.
- Funds reported $3.01B of Maximus stock for Q2 2026, down 15% quarter-over-quarter.
- 55 funds opened new Maximus positions in Q2 2026 and 73 closed out, a net change of -18 holders.
- The largest Maximus buyer in Q2 2026 was Reinhart Partners, an estimated $70.3M added.
- The largest Maximus seller in Q2 2026 was Fidelity Investments, an estimated $164M sold.
Based on aggregated 13F filings for Q2 2026.