Maximus
322 hedge funds and large institutions have $4.47B invested in Maximus in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 83 increasing their positions, 135 reducing their positions, and 32 closing their positions.
63% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 32
6% more funds holding
Funds holding: 304 → 322 (+18)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.51% less ownership
Funds ownership: 99.94% → 98.43% (-1.5%)
13% less capital invested
Capital invested by funds: $5.13B → $4.47B (-$658M)
39% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 135
83% less call options, than puts
Call options by funds: $455K | Put options by funds: $2.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.9M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$19.7M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$16.7M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$14.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$52M |
| 2 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$46.9M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$20.2M |
| 4 |
Goldman Sachs
New York
|
-$12.9M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$12.1M |
MMS Hedge Fund Activity: Q3 2023 in Review
322 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q3 2023, worth a combined $4.47B — down 13% from $5.13B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new MMS positions and 32 closed out — a net gain of 20 holders — while 83 added to existing stakes and 135 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $41.9M. The largest seller was AllianceBernstein, cutting an estimated $52M.
- 322 institutional investors held Maximus (MMS) as of Q3 2023, up from 304 in Q2 2023.
- Funds reported $4.47B of Maximus stock for Q3 2023, down 13% quarter-over-quarter.
- 52 funds opened new Maximus positions in Q3 2023 and 32 closed out, a net change of +20 holders.
- The largest Maximus buyer in Q3 2023 was Fidelity Investments, an estimated $41.9M added.
- The largest Maximus seller in Q3 2023 was AllianceBernstein, an estimated $52M sold.
Based on aggregated 13F filings for Q3 2023.