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311 hedge funds and large institutions have $3.97B invested in Maximus in 2018 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 101 increasing their positions, 120 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 33

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

20% more call options, than puts

Call options by funds: $2.21M | Put options by funds: $1.85M

6% more funds holding

Funds holding: 294311 (+17)

0.72% more ownership

Funds ownership: 94.43%95.16% (+0.72%)

1% more capital invested

Capital invested by funds: $3.94B → $3.97B (+$25.6M)

16% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 120

Holders
311
Holders Change
+17
Holders Change %
+5.78%
% of All Funds
6.93%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
50
Increased
101
Reduced
120
Closed
33
Calls
$2.21M
Puts
$1.85M
Net Calls
+$366K
Net Calls Change
+$1.18M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$480M +$5.38M +81,788 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$448M +$7.94M +120,602 +2%
Victory Capital Management
3
Victory Capital Management
Texas
$261M +$3.37M +51,283 +1%
BAMCO Inc
4
BAMCO Inc
New York
$144M -$14M -213,328 -9%
State Street
5
State Street
Massachusetts
$128M -$11M -167,778 -8%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$121M +$18.3M +277,775 +18%
VBA
7
Van Berkom & Associates
Quebec, Canada
$88.5M -$3.1M -47,162 -3%
Fidelity International
8
Fidelity International
Bermuda
$79M
Bank of New York Mellon
9
Bank of New York Mellon
New York
$77.1M -$73.3K -1,114 -0.1%
Northern Trust
10
Northern Trust
Illinois
$71.9M -$1.2M -18,176 -2%
Man Group
11
Man Group
United Kingdom
$67.7M +$34.9M +529,663 +104%
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$66.4M -$384K -5,835 -0.6%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$65.3M -$417K -6,336 -0.6%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$63.6M +$6.82M +103,638 +12%
PCP
15
P2 Capital Partners
New York
$61.6M +$2.08M +31,665 +3%
AQR Capital Management
16
AQR Capital Management
Connecticut
$59.4M +$418K +6,355 +0.7%
MIP
17
Mondrian Investment Partners
United Kingdom
$58M -$2.6M -39,481 -4%
TSW
18
Thompson Siegel & Walmsley
Virginia
$56.3M -$12.8M -194,482 -18%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$55.1M -$5.1M -77,445 -8%
Brown Advisory
20
Brown Advisory
Maryland
$51.6M -$5.93M -90,057 -10%
Norges Bank
21
Norges Bank
Norway
$49.1M +$1.02M +15,463 +2%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$47.9M +$3.29M +49,981 +7%
Invesco
23
Invesco
Georgia
$46.7M +$20.5M +311,803 +77%
Prudential Financial
24
Prudential Financial
New Jersey
$46.5M -$1.83M -27,842 -4%
CS
25
Credit Suisse
Switzerland
$46.3M +$524K +7,956 +1%

MMS Hedge Fund Activity: Q4 2018 in Review

311 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q4 2018, worth a combined $3.97B — up 0.65% from $3.94B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new MMS positions and 33 closed out — a net gain of 17 holders — while 101 added to existing stakes and 120 trimmed.

The largest buyer was Skandinaviska Enskilda Banken (SEB), adding an estimated $36.8M. The largest seller was Riverbridge Partners, cutting an estimated $23.2M.

  • 311 institutional investors held Maximus (MMS) as of Q4 2018, up from 294 in Q3 2018.
  • Funds reported $3.97B of Maximus stock for Q4 2018, up 0.65% quarter-over-quarter.
  • 50 funds opened new Maximus positions in Q4 2018 and 33 closed out, a net change of +17 holders.
  • The largest Maximus buyer in Q4 2018 was Skandinaviska Enskilda Banken (SEB), an estimated $36.8M added.
  • The largest Maximus seller in Q4 2018 was Riverbridge Partners, an estimated $23.2M sold.

Based on aggregated 13F filings for Q4 2018.