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310 hedge funds and large institutions have $4.12B invested in Maximus in 2020 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 96 increasing their positions, 143 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $2.71M | Put options by funds: $1.93M

19% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 31

12% more capital invested

Capital invested by funds: $3.67B → $4.12B (+$448M)

1% more funds holding

Funds holding: 307310 (+3)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3.4% less ownership

Funds ownership: 98.9%95.51% (-3.4%)

33% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 143

Holders
310
Holders Change
+3
Holders Change %
+0.98%
% of All Funds
6.36%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
37
Increased
96
Reduced
143
Closed
31
Calls
$2.71M
Puts
$1.93M
Net Calls
+$777K
Net Calls Change
-$461K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$519M -$1.23M -18,336 -0.2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$481M -$25.6M -381,410 -5%
Victory Capital Management
3
Victory Capital Management
Texas
$277M -$321M -4,778,663 -55%
State Street
4
State Street
Massachusetts
$176M +$26.3M +391,307 +19%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$153M +$6.83M +101,653 +5%
AllianceBernstein
6
AllianceBernstein
Tennessee
$109M +$46M +684,110 +79%
VBA
7
Van Berkom & Associates
Quebec, Canada
$106M +$9.8M +145,724 +11%
William Blair Investment Management
8
William Blair Investment Management
Illinois
$105M +$70.8M +1,053,647 +241%
PAMU
9
Pictet Asset Management (UK)
United Kingdom
$96.1M +$23.7M +351,762 +35%
Northern Trust
10
Northern Trust
Illinois
$78.4M -$1.08M -16,022 -1%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$74.9M -$401K -5,958 -0.6%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$73.1M +$2.55M +37,948 +4%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$68M -$2.45M -36,364 -4%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$66.6M +$73.2K +1,089 +0.1%
Wells Fargo
15
Wells Fargo
California
$61.5M +$4.77M +70,987 +9%
MIP
16
Mondrian Investment Partners
United Kingdom
$55M -$2.79M -41,454 -5%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$52.5M +$1.59M +23,585 +3%
APG Asset Management
18
APG Asset Management
Netherlands
$52M -$5.92M -88,021 -10%
Norges Bank
19
Norges Bank
Norway
$51.1M -$2.21M -32,899 -4%
PCP
20
P2 Capital Partners
New York
$48.7M -$4.52M -67,176 -9%
Brown Advisory
21
Brown Advisory
Maryland
$48.4M +$4.41M +65,634 +11%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$45.7M -$51.1M -759,449 -54%
NPIC
23
Neumeier Poma Investment Counsel
California
$42.9M +$1.66M +24,635 +4%
Charles Schwab
24
Charles Schwab
California
$41.8M -$15.5M -230,382 -28%
CS
25
Credit Suisse
Switzerland
$40.2M +$130K +1,928 +0.3%

MMS Hedge Fund Activity: Q2 2020 in Review

310 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q2 2020, worth a combined $4.12B — up 12% from $3.67B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new MMS positions and 31 closed out — a net gain of 6 holders — while 96 added to existing stakes and 143 trimmed.

The largest buyer was William Blair Investment Management, adding an estimated $70.8M. The largest seller was Victory Capital Management, cutting an estimated $321M.

  • 310 institutional investors held Maximus (MMS) as of Q2 2020, up from 307 in Q1 2020.
  • Funds reported $4.12B of Maximus stock for Q2 2020, up 12% quarter-over-quarter.
  • 37 funds opened new Maximus positions in Q2 2020 and 31 closed out, a net change of +6 holders.
  • The largest Maximus buyer in Q2 2020 was William Blair Investment Management, an estimated $70.8M added.
  • The largest Maximus seller in Q2 2020 was Victory Capital Management, an estimated $321M sold.

Based on aggregated 13F filings for Q2 2020.