Maximus
231 hedge funds and large institutions have $3.05B invested in Maximus in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 79 increasing their positions, 104 reducing their positions, and 20 closing their positions.
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
12% more capital invested
Capital invested by funds: $2.71B → $3.05B (+$337M)
4% more funds holding
Funds holding: 222 → 231 (+9)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
24% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 104
115.91% less ownership
Funds ownership: 215.27% → 99.36% (-116%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
+$43.6M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$32.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$29M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23.2M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$216M |
| 2 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$37.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$29.8M |
| 4 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$25.1M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$21.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$22K | -600 | Closed |
|
MMS Hedge Fund Activity: Q3 2013 in Review
231 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q3 2013, worth a combined $3.05B — up 12% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new MMS positions and 20 closed out — a net gain of 12 holders — while 79 added to existing stakes and 104 trimmed.
The largest buyer was Oak Ridge Investments, opening a new position worth an estimated $43.6M. The largest seller was Fidelity Investments, cutting an estimated $216M.
- 231 institutional investors held Maximus (MMS) as of Q3 2013, up from 222 in Q2 2013.
- Funds reported $3.05B of Maximus stock for Q3 2013, up 12% quarter-over-quarter.
- 32 funds opened new Maximus positions in Q3 2013 and 20 closed out, a net change of +12 holders.
- The largest Maximus buyer in Q3 2013 was Oak Ridge Investments, an estimated $43.6M added.
- The largest Maximus seller in Q3 2013 was Fidelity Investments, an estimated $216M sold.
Based on aggregated 13F filings for Q3 2013.