Maximus
230 hedge funds and large institutions have $2.97B invested in Maximus in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 93 increasing their positions, 92 reducing their positions, and 34 closing their positions.
1.22% more ownership
Funds ownership: 96.5% → 97.73% (+1.2%)
3% more capital invested
Capital invested by funds: $2.88B → $2.97B (+$93M)
1% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 92
3% less funds holding
Funds holding: 238 → 230 (-8)
18% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 34
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$24.8M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$16.1M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$15.9M |
| 4 |
ClearBridge Investments
New York
|
+$12.9M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$45M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.6M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$24.5M |
| 4 |
Bank of New York Mellon
New York
|
-$13M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$7.72M |
MMS Hedge Fund Activity: Q1 2014 in Review
230 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q1 2014, worth a combined $2.97B — up 3.2% from $2.88B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of MMS and 28 opened new positions — a net loss of 6 holders — while 92 trimmed existing stakes and 93 added.
The largest buyer was Ameriprise, adding an estimated $24.8M. The largest seller was First Trust Advisors, cutting an estimated $45M.
- 230 institutional investors held Maximus (MMS) as of Q1 2014, down from 238 in Q4 2013.
- Funds reported $2.97B of Maximus stock for Q1 2014, up 3.2% quarter-over-quarter.
- 28 funds opened new Maximus positions in Q1 2014 and 34 closed out, a net change of -6 holders.
- The largest Maximus buyer in Q1 2014 was Ameriprise, an estimated $24.8M added.
- The largest Maximus seller in Q1 2014 was First Trust Advisors, an estimated $45M sold.
Based on aggregated 13F filings for Q1 2014.