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384 hedge funds and large institutions have $5.06B invested in Maximus in 2025 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 147 increasing their positions, 132 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,850% more call options, than puts

Call options by funds: $8.29M | Put options by funds: $210K

33% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 39

27% more capital invested

Capital invested by funds: $4B → $5.06B (+$1.06B)

11% more repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 132

2% more funds holding

Funds holding: 378384 (+6)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.69% less ownership

Funds ownership: 101%98.31% (-2.7%)

Holders
384
Holders Change
+6
Holders Change %
+1.59%
% of All Funds
5.04%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
52
Increased
147
Reduced
132
Closed
39
Calls
$8.29M
Puts
$210K
Net Calls
+$8.09M
Net Calls Change
+$7.58M
Name Holding Trade Value Shares
Change
Change in
Stake
Raymond James Financial
101
Raymond James Financial
Florida
$3.48M +$442K +5,449 +17%
MIC
102
Mubadala Investment Company
United Arab Emirates
$3.33M +$379K +4,683 +15%
Envestnet Asset Management
103
Envestnet Asset Management
Illinois
$3.32M +$295K +3,645 +11%
CCG
104
Chatham Capital Group
Georgia
$3.19M -$30.8K -380 -1%
State of Wisconsin Investment Board
105
State of Wisconsin Investment Board
Wisconsin
$3.18M +$5.59K +69 +0.2%
LCM
106
Legato Capital Management
California
$3M +$849K +10,473 +47%
Royal Bank of Canada
107
Royal Bank of Canada
Ontario, Canada
$3M -$93.3K -1,152 -3%
AAP
108
Arax Advisory Partners
Colorado
$2.96M +$2.6M +32,090 +11,104%
IMRF
109
Illinois Municipal Retirement Fund
Illinois
$2.94M -$694K -8,560 -21%
JIC
110
Johnson Investment Counsel
Ohio
$2.86M +$32.2K +397 +1%
Robeco Institutional Asset Management
111
Robeco Institutional Asset Management
Netherlands
$2.71M +$937K +11,567 +64%
State of Tennessee, Department of Treasury
112
State of Tennessee, Department of Treasury
Tennessee
$2.69M +$464K +5,730 +24%
GIA
113
GHP Investment Advisors
Colorado
$2.62M -$9.32K -115 -0.4%
KOCAA
114
Knights of Columbus Asset Advisors
Connecticut
$2.55M +$89.1K +1,100 +4%
Comerica Bank
115
Comerica Bank
Texas
$2.5M -$40.4K -499 -2%
CEI
116
Clark Estates Inc
New York
$2.48M
WANY
117
Wealthspire Advisors (New York)
New York
$2.47M -$4.7K -58 -0.2%
QT
118
Quantbot Technologies
New York
$2.45M -$1.38M -17,008 -39%
Mirae Asset Global ETFs Holdings
119
Mirae Asset Global ETFs Holdings
Hong Kong
$2.4M -$383K -4,730 -15%
BHCM
120
Brevan Howard Capital Management
Jersey
$2.4M +$654K +8,075 +44%
MOACM
121
Mutual of America Capital Management
New York
$2.38M -$162K -1,998 -7%
BCC
122
Bridge City Capital
Oregon
$2.34M -$186K -2,298 -8%
New York State Common Retirement Fund
123
New York State Common Retirement Fund
New York
$2.33M -$40.7K -502 -2%
Mitsubishi UFJ Trust & Banking
124
Mitsubishi UFJ Trust & Banking
Japan
$2.32M +$162K +1,999 +9%
State of New Jersey Common Pension Fund D
125
State of New Jersey Common Pension Fund D
New Jersey
$2.28M -$53.1K -655 -3%

MMS Hedge Fund Activity: Q3 2025 in Review

384 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q3 2025, worth a combined $5.06B — up 27% from $4B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new MMS positions and 39 closed out — a net gain of 13 holders — while 147 added to existing stakes and 132 trimmed.

The largest buyer was BlackRock, adding an estimated $54.5M. The largest seller was First Trust Advisors, cutting an estimated $44.2M.

  • 384 institutional investors held Maximus (MMS) as of Q3 2025, up from 378 in Q2 2025.
  • Funds reported $5.06B of Maximus stock for Q3 2025, up 27% quarter-over-quarter.
  • 52 funds opened new Maximus positions in Q3 2025 and 39 closed out, a net change of +13 holders.
  • The largest Maximus buyer in Q3 2025 was BlackRock, an estimated $54.5M added.
  • The largest Maximus seller in Q3 2025 was First Trust Advisors, an estimated $44.2M sold.

Based on aggregated 13F filings for Q3 2025.