Maximus
303 hedge funds and large institutions have $5.13B invested in Maximus in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 93 increasing their positions, 122 reducing their positions, and 32 closing their positions.
213% more call options, than puts
Call options by funds: $870K | Put options by funds: $278K
13% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 32
8% more capital invested
Capital invested by funds: $4.77B → $5.13B (+$361M)
1% more funds holding
Funds holding: 301 → 303 (+2)
0.16% more ownership
Funds ownership: 99.7% → 99.86% (+0.16%)
24% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 122
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$165M |
| 2 |
BBCM
Broad Bay Capital Management
New York
|
+$24.7M |
| 3 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$19.1M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$11.9M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$89M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$49.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12.2M |
MMS Hedge Fund Activity: Q2 2023 in Review
303 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q2 2023, worth a combined $5.13B — up 7.6% from $4.77B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MMS positions and 32 closed out — a net gain of 4 holders — while 93 added to existing stakes and 122 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $165M. The largest seller was Victory Capital Management, cutting an estimated $89M.
- 303 institutional investors held Maximus (MMS) as of Q2 2023, up from 301 in Q1 2023.
- Funds reported $5.13B of Maximus stock for Q2 2023, up 7.6% quarter-over-quarter.
- 36 funds opened new Maximus positions in Q2 2023 and 32 closed out, a net change of +4 holders.
- The largest Maximus buyer in Q2 2023 was Fidelity Investments, an estimated $165M added.
- The largest Maximus seller in Q2 2023 was Victory Capital Management, an estimated $89M sold.
Based on aggregated 13F filings for Q2 2023.