Maximus
294 hedge funds and large institutions have $3.94B invested in Maximus in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 107 increasing their positions, 120 reducing their positions, and 46 closing their positions.
4% more capital invested
Capital invested by funds: $3.78B → $3.94B (+$158M)
0.95% more ownership
Funds ownership: 93.48% → 94.43% (+0.95%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 319 → 294 (-25)
11% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 120
43% less call options, than puts
Call options by funds: $1.09M | Put options by funds: $1.91M
52% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$26.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$19.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$18.6M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$14.8M |
| 5 |
Renaissance Technologies
New York
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.3M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$18.1M |
| 3 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$14.1M |
| 4 |
BAMCO Inc
New York
|
-$14M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$13M |
MMS Hedge Fund Activity: Q3 2018 in Review
294 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q3 2018, worth a combined $3.94B — up 4.2% from $3.78B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of MMS and 22 opened new positions — a net loss of 24 holders — while 120 trimmed existing stakes and 107 added.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $26.4M. The largest seller was Fidelity Investments, cutting an estimated $40.3M.
- 294 institutional investors held Maximus (MMS) as of Q3 2018, down from 319 in Q2 2018.
- Funds reported $3.94B of Maximus stock for Q3 2018, up 4.2% quarter-over-quarter.
- 22 funds opened new Maximus positions in Q3 2018 and 46 closed out, a net change of -24 holders.
- The largest Maximus buyer in Q3 2018 was Epoch Investment Partners, an estimated $26.4M added.
- The largest Maximus seller in Q3 2018 was Fidelity Investments, an estimated $40.3M sold.
Based on aggregated 13F filings for Q3 2018.