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355 hedge funds and large institutions have $3.86B invested in Maximus in 2025 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 116 increasing their positions, 143 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more call options, than puts

Call options by funds: $218K | Put options by funds: $170K

5.53% more ownership

Funds ownership: 94.71%100.24% (+5.5%)

6% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 54

1% more funds holding

Funds holding: 353355 (+2)

10% less capital invested

Capital invested by funds: $4.26B → $3.86B (-$406M)

19% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 143

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
355
Holders Change
+2
Holders Change %
+0.57%
% of All Funds
4.76%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
57
Increased
116
Reduced
143
Closed
54
Calls
$218K
Puts
$170K
Net Calls
+$48K
Net Calls Change
-$109K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$579M +$9.02M +126,607 +2%
BlackRock
2
BlackRock
New York
$495M -$11.6M -163,175 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$439M -$7.6M -106,630 -2%
Mackenzie Financial
4
Mackenzie Financial
Ontario, Canada
$190M +$374K +5,248 +0.2%
State Street
5
State Street
Massachusetts
$184M -$3.9M -54,754 -2%
Fuller & Thaler Asset Management
6
Fuller & Thaler Asset Management
California
$118M +$35.2M +494,372 +40%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$116M +$20.6M +288,990 +21%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$100M -$1.85M -25,929 -2%
VBA
9
Van Berkom & Associates
Quebec, Canada
$87M +$1.35M +18,976 +2%
AQR Capital Management
10
AQR Capital Management
Connecticut
$79.3M +$53.4M +750,031 +177%
Janus Henderson Group
11
Janus Henderson Group
United Kingdom
$64.5M -$17.1M -240,512 -20%
Charles Schwab
12
Charles Schwab
California
$63.8M -$4.67M -65,558 -7%
RP
13
Reinhart Partners
Wisconsin
$62.2M +$25.7M +360,365 +65%
Federated Hermes
14
Federated Hermes
Pennsylvania
$60.1M -$154K -2,165 -0.2%
Northern Trust
15
Northern Trust
Illinois
$52.5M -$3.26M -45,773 -6%
First Trust Advisors
16
First Trust Advisors
Illinois
$46.9M +$4.43M +62,171 +10%
Norges Bank
17
Norges Bank
Norway
$46.5M -$19.6M -274,902 -29%
Allspring Global Investments
18
Allspring Global Investments
North Carolina
$41.2M -$8.73M -122,594 -17%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$36.9M -$2.12M -29,805 -5%
William Blair Investment Management
20
William Blair Investment Management
Illinois
$33.9M -$1.48M -20,761 -4%
SCM
21
Sio Capital Management
New York
$31.9M +$6.19M +86,929 +23%
SIMG
22
Stephens Investment Management Group
Texas
$31M -$388K -5,451 -1%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$30.1M +$8.44M +118,503 +37%
Man Group
24
Man Group
United Kingdom
$28.1M +$13.5M +188,827 +85%
UBS Group
25
UBS Group
Switzerland
$26.1M -$4.16M -58,367 -13%

MMS Hedge Fund Activity: Q1 2025 in Review

355 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q1 2025, worth a combined $3.86B — down 9.5% from $4.26B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new MMS positions and 54 closed out — a net gain of 3 holders — while 116 added to existing stakes and 143 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $53.4M. The largest seller was Goldman Sachs, cutting an estimated $35.3M.

  • 355 institutional investors held Maximus (MMS) as of Q1 2025, up from 353 in Q4 2024.
  • Funds reported $3.86B of Maximus stock for Q1 2025, down 9.5% quarter-over-quarter.
  • 57 funds opened new Maximus positions in Q1 2025 and 54 closed out, a net change of +3 holders.
  • The largest Maximus buyer in Q1 2025 was AQR Capital Management, an estimated $53.4M added.
  • The largest Maximus seller in Q1 2025 was Goldman Sachs, an estimated $35.3M sold.

Based on aggregated 13F filings for Q1 2025.