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301 hedge funds and large institutions have $4.77B invested in Maximus in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 115 increasing their positions, 100 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

443% more call options, than puts

Call options by funds: $3.08M | Put options by funds: $566K

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

15% more repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 100

10% more capital invested

Capital invested by funds: $4.33B → $4.77B (+$436M)

1.01% more ownership

Funds ownership: 98.69%99.7% (+1%)

8% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 37

2% less funds holding

Funds holding: 306301 (-5)

Holders
301
Holders Change
-5
Holders Change %
-1.63%
% of All Funds
4.8%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.11%
New
34
Increased
115
Reduced
100
Closed
37
Calls
$3.08M
Puts
$566K
Net Calls
+$2.51M
Net Calls Change
+$157K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$563M +$1.88M +24,392 +0.3%
Victory Capital Management
2
Victory Capital Management
Texas
$545M +$15M +194,779 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$492M +$2.58M +33,549 +0.5%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$477M +$196M +2,547,231 +72%
AllianceBernstein
5
AllianceBernstein
Tennessee
$240M +$18.4M +238,738 +9%
Mackenzie Financial
6
Mackenzie Financial
Ontario, Canada
$210M -$5.66M -73,506 -3%
State Street
7
State Street
Massachusetts
$207M -$1M -12,995 -0.5%
Fuller & Thaler Asset Management
8
Fuller & Thaler Asset Management
California
$149M -$77.5M -1,006,953 -35%
Janus Henderson Group
9
Janus Henderson Group
United Kingdom
$104M -$14.1M -183,155 -12%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$98.9M +$3.24M +42,033 +3%
Bank of America
11
Bank of America
North Carolina
$80M -$5.03M -65,359 -6%
VBA
12
Van Berkom & Associates
Quebec, Canada
$73.4M +$3.39M +44,034 +5%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$71.2M +$1.25M +16,276 +2%
Northern Trust
14
Northern Trust
Illinois
$63.1M -$2.65M -34,402 -4%
Allspring Global Investments
15
Allspring Global Investments
North Carolina
$59.9M +$114K +1,484 +0.2%
MIP
16
Mondrian Investment Partners
United Kingdom
$56.5M -$34M -441,360 -38%
Thrivent Financial for Lutherans
17
Thrivent Financial for Lutherans
Minnesota
$56.3M +$5.96M +77,458 +12%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$55.4M -$1.76M -22,793 -3%
Charles Schwab
19
Charles Schwab
California
$53.2M +$49.4K +641 +0.1%
Federated Hermes
20
Federated Hermes
Pennsylvania
$45.4M +$2.42M +31,380 +6%
ClearBridge Investments
21
ClearBridge Investments
New York
$43.1M
VNIM
22
Vaughan Nelson Investment Management
Texas
$42.5M -$400K -5,189 -1%
William Blair Investment Management
23
William Blair Investment Management
Illinois
$37.2M +$127K +1,645 +0.3%
Norges Bank
24
Norges Bank
Norway
$36.6M -$3.74M -48,546 -9%
Ameriprise
25
Ameriprise
Minnesota
$32.7M +$8.94M +116,105 +39%

MMS Hedge Fund Activity: Q1 2023 in Review

301 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q1 2023, worth a combined $4.77B — up 10% from $4.33B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of MMS and 34 opened new positions — a net loss of 3 holders — while 100 trimmed existing stakes and 115 added.

The largest buyer was Fidelity Investments, adding an estimated $196M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $77.5M.

  • 301 institutional investors held Maximus (MMS) as of Q1 2023, down from 306 in Q4 2022.
  • Funds reported $4.77B of Maximus stock for Q1 2023, up 10% quarter-over-quarter.
  • 34 funds opened new Maximus positions in Q1 2023 and 37 closed out, a net change of -3 holders.
  • The largest Maximus buyer in Q1 2023 was Fidelity Investments, an estimated $196M added.
  • The largest Maximus seller in Q1 2023 was Fuller & Thaler Asset Management, an estimated $77.5M sold.

Based on aggregated 13F filings for Q1 2023.