Maximus
264 hedge funds and large institutions have $3.54B invested in Maximus in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 86 increasing their positions, 104 reducing their positions, and 24 closing their positions.
75% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 24
33% more call options, than puts
Call options by funds: $2.73M | Put options by funds: $2.05M
6% more funds holding
Funds holding: 249 → 264 (+15)
4% less capital invested
Capital invested by funds: $3.67B → $3.54B (-$132M)
2.53% less ownership
Funds ownership: 100.43% → 97.89% (-2.5%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
17% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$74.8M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12M |
| 5 |
Morgan Stanley
New York
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$58.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.7M |
| 3 |
BAMCO Inc
New York
|
-$23.2M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$22.6M |
| 5 |
Goldman Sachs
New York
|
-$22.4M |
MMS Hedge Fund Activity: Q4 2016 in Review
264 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q4 2016, worth a combined $3.54B — down 3.6% from $3.67B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MMS positions and 24 closed out — a net gain of 18 holders — while 86 added to existing stakes and 104 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $74.8M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $58.1M sold.
- 264 institutional investors held Maximus (MMS) as of Q4 2016, up from 249 in Q3 2016.
- Funds reported $3.54B of Maximus stock for Q4 2016, down 3.6% quarter-over-quarter.
- 42 funds opened new Maximus positions in Q4 2016 and 24 closed out, a net change of +18 holders.
- The largest Maximus buyer in Q4 2016 was Victory Capital Management, an estimated $74.8M added.
- The largest Maximus seller in Q4 2016 was Lord, Abbett & Co, an estimated $58.1M sold.
Based on aggregated 13F filings for Q4 2016.