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378 hedge funds and large institutions have $4B invested in Maximus in 2025 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 143 increasing their positions, 126 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,443% more call options, than puts

Call options by funds: $540K | Put options by funds: $35K

67% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 36

13% more repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 126

6% more funds holding

Funds holding: 355378 (+23)

4% more capital invested

Capital invested by funds: $3.86B → $4B (+$139M)

0.77% more ownership

Funds ownership: 100.24%101% (+0.77%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
378
Holders Change
+23
Holders Change %
+6.48%
% of All Funds
4.98%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
60
Increased
143
Reduced
126
Closed
36
Calls
$540K
Puts
$35K
Net Calls
+$505K
Net Calls Change
+$457K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$593M -$2.59M -36,805 -0.4%
BlackRock
2
BlackRock
New York
$511M +$843K +11,995 +0.2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$454M +$2.22M +31,666 +0.5%
State Street
4
State Street
Massachusetts
$182M -$6.87M -97,786 -4%
Mackenzie Financial
5
Mackenzie Financial
Ontario, Canada
$176M -$20M -284,973 -10%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$129M +$9.62M +137,002 +8%
Fuller & Thaler Asset Management
7
Fuller & Thaler Asset Management
California
$122M +$668K +9,513 +0.6%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$103M -$184K -2,614 -0.2%
VBA
9
Van Berkom & Associates
Quebec, Canada
$88.8M -$688K -9,795 -0.8%
AQR Capital Management
10
AQR Capital Management
Connecticut
$70.5M -$11.7M -166,173 -14%
RP
11
Reinhart Partners
Wisconsin
$64.2M +$165K +2,345 +0.3%
Charles Schwab
12
Charles Schwab
California
$61.2M -$4.41M -62,789 -7%
Point72 Asset Management
13
Point72 Asset Management
Connecticut
$53.4M +$28.3M +403,309 +113%
Northern Trust
14
Northern Trust
Illinois
$52.3M -$1.69M -24,121 -3%
Norges Bank
15
Norges Bank
Norway
$47.9M
Federated Hermes
16
Federated Hermes
Pennsylvania
$47.7M -$14.1M -201,130 -23%
Boston Partners
17
Boston Partners
Massachusetts
$46.4M +$24.6M +349,529 +114%
First Trust Advisors
18
First Trust Advisors
Illinois
$43.7M -$4.55M -64,836 -9%
Goldman Sachs
19
Goldman Sachs
New York
$40.2M +$16.8M +239,703 +72%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$38.6M +$592K +8,434 +2%
SCM
21
Sio Capital Management
New York
$38.5M +$5.6M +79,734 +17%
Janus Henderson Group
22
Janus Henderson Group
United Kingdom
$37.2M -$29.2M -415,501 -44%
SIMG
23
Stephens Investment Management Group
Texas
$34M +$2.02M +28,739 +6%
N
24
Nuveen
North Carolina
$33.6M +$14.5M +205,824 +76%
Allspring Global Investments
25
Allspring Global Investments
North Carolina
$33.2M -$9.62M -136,892 -23%

MMS Hedge Fund Activity: Q2 2025 in Review

378 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Maximus (MMS) for Q2 2025, worth a combined $4B — up 3.6% from $3.86B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new MMS positions and 36 closed out — a net gain of 24 holders — while 143 added to existing stakes and 126 trimmed.

The largest buyer was Point72 Asset Management, adding an estimated $28.3M. The largest seller was Janus Henderson Group, cutting an estimated $29.2M.

  • 378 institutional investors held Maximus (MMS) as of Q2 2025, up from 355 in Q1 2025.
  • Funds reported $4B of Maximus stock for Q2 2025, up 3.6% quarter-over-quarter.
  • 60 funds opened new Maximus positions in Q2 2025 and 36 closed out, a net change of +24 holders.
  • The largest Maximus buyer in Q2 2025 was Point72 Asset Management, an estimated $28.3M added.
  • The largest Maximus seller in Q2 2025 was Janus Henderson Group, an estimated $29.2M sold.

Based on aggregated 13F filings for Q2 2025.