Maximus
238 hedge funds and large institutions have $3.52B invested in Maximus in 2014 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 66 increasing their positions, 102 reducing their positions, and 25 closing their positions.
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
34% more capital invested
Capital invested by funds: $2.62B → $3.52B (+$901M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more funds holding
Funds holding: 219 → 238 (+19)
0.23% less ownership
Funds ownership: 97.58% → 97.35% (-0.23%)
35% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$77.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.9M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.1M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10M |
| 5 |
Two Sigma Investments
New York
|
+$9.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$42.7M |
| 2 |
DCM
Daruma Capital Management
New York
|
-$38.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$31M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$22.2M |
| 5 |
RA
Royce & Associates
New York
|
-$18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
251
Virtu KCG Holdings
New York
| – | -$504K | -12,555 | Closed |
|
|
QIM
252
Quest Investment Management
Lake Oswego,
Oregon
| – | -$482K | -12,020 | Closed |
|
253
Tudor Investment Corp
Stamford,
Connecticut
| – | -$405K | -10,096 | Closed |
|
|
SCM
254
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$387K | -9,650 | Closed |
|
|
PAM
255
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$200K | -4,974 | Closed |
|
|
TRCT
256
Tower Research Capital (TRC)
New York
| – | -$188K | -4,679 | Closed |
|
257
BNP Paribas Financial Markets
Paris,
France
| – | -$159K | -3,951 | Closed |
|
258
KBC Group
Brussels,
Belgium
| – | -$73K | -1,812 | Closed |
|
|
PTC
259
Private Trust Company
Cleveland,
Ohio
| – | -$4K | -109 | Closed |
|
|
KT
260
Kanaly Trust
Houston,
Texas
| – | -$4K | -103 | Closed |
|
|
EMA
261
Efficient Market Advisors
San Diego,
California
| – | -$1K | -21 | Closed |
|
|
W
262
Wealthfront
Palo Alto,
California
| – | +$49 | +1 | New |
|
|
WA
263
WFG Advisors
Dallas,
Texas
| – | +$389 | +8 | New |
|
MMS Hedge Fund Activity: Q4 2014 in Review
238 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q4 2014, worth a combined $3.52B — up 34% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new MMS positions and 25 closed out — a net gain of 22 holders — while 66 added to existing stakes and 102 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $77.4M. The largest seller was Riverbridge Partners, cutting an estimated $42.7M.
- 238 institutional investors held Maximus (MMS) as of Q4 2014, up from 219 in Q3 2014.
- Funds reported $3.52B of Maximus stock for Q4 2014, up 34% quarter-over-quarter.
- 47 funds opened new Maximus positions in Q4 2014 and 25 closed out, a net change of +22 holders.
- The largest Maximus buyer in Q4 2014 was Lord, Abbett & Co, an estimated $77.4M added.
- The largest Maximus seller in Q4 2014 was Riverbridge Partners, an estimated $42.7M sold.
Based on aggregated 13F filings for Q4 2014.