undamentalytics Newsletter

Maximus, Inc.: which funds bought and sold

Institutions that bought and sold Maximus shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 186 institutions that filed 13F reports for both quarters added to or opened positions in Maximus, and 186 cut or closed them. Together they sold a net 1.4M shares, −2.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 768K shares (−5.1%); index fund managers were net sellers of 77K shares (−0.4%). 45 opened a new position and 71 sold out entirely.

Bought, Q2 2026 186 institutions, 45 of them new holders Sold, Q2 2026 186 institutions, 71 of them sold out
Net change, all compared −1.4M shares (−2.4%)
Net change, active managers −768K shares (−5.1%), 34 bought, 16 sold

Buyers versus sellers

institutions compared, 412
Active managers and hedge funds 34 bought · 16 sold · −768K
Index fund managers 4 bought · 7 sold · −77K
Other institutions 148 bought · 163 sold · −519K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Reinhart Partners, Llc. +1.1M +131.8% 2.0M $107M
Prudential Financial Inc +663K +3137.1% 684K $36.8M
Fuller & Thaler Asset Management, Inc. +621K +29.8% 2.7M $145M
Citadel Advisors LLC Hedge fund +518K +517.2% 618K $33.2M
Qube Research & Technologies Ltd Hedge fund +384K +96.6% 783K $42.1M
LSV Asset Management Active manager +373K +131.1% 658K $35.4M
Invesco Ltd. +351K +192.9% 533K $28.6M
Dimensional Fund Advisors LP +247K +11.7% 2.4M $127M
Boston Partners Active manager +241K +36.0% 910K $49.2M
Marshall Wace, LLP Hedge fund +216K +376.0% 274K $14.7M
Pacer Advisors, Inc. +214K +3296.4% 221K $11.9M
Squarepoint Ops LLC Hedge fund +193K +723.0% 219K $11.8M
Goldman Sachs Group Inc +160K +33.3% 641K $34.4M
Royce & Associates LP Active manager +154K +41.5% 527K $28.3M
Cerity Partners LLC +141K +109.4% 269K $14.5M
Stephens Investment Management Group LLC +138K +19.3% 855K $46M
Jupiter Asset Management Ltd Active manager +124K +25.6% 608K $32.7M
Two Sigma Investments, LP Hedge fund +111K +434.8% 137K $7.4M
State Street Corp Index funds +107K +4.4% 2.6M $138M
AQR Capital Management LLC Hedge fund +101K +34.3% 396K $21.3M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager −2.6M −32.2% 5.5M $298M
Mackenzie Financial Corp −1.6M Sold out 0 —
Van Berkom & Associates Inc. −1.3M −53.6% 1.1M $58.5M
Federated Hermes, Inc. Active manager −605K −99.1% 5,239 $281,649
Fort Washington Investment Advisors Inc −350K Sold out 0 —
UBS Group AG −216K −35.2% 399K $21.4M
Nuveen, LLC −210K −61.8% 129K $7M
Lord, Abbett & Co. LLC −197K −63.7% 112K $6M
William Blair Investment Management, LLC Active manager −166K −51.3% 158K $8.5M
Allspring Global Investments Holdings, LLC −154K Sold out 0 —
Barclays PLC −134K −78.8% 36K $1.9M
Jane Street Group, LLC −118K Sold out 0 —
Caisse De Depot Et Placement Du Quebec −94K −90.8% 9,600 $516,096
Franklin Resources Inc Active manager −93K −89.0% 12K $618,239
Candriam S.C.A. −93K Sold out 0 —
Vanguard Portfolio Management LLC Index funds −83K −2.4% 3.4M $182M
Public Employees Retirement Association Of Colorado −78K −29.0% 192K $10.3M
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC −77K −41.1% 110K $5.9M
Blackrock, Inc. Index funds −76K −1.0% 7.4M $400M
Wellington Management Group LLP Active manager −75K −25.7% 216K $11.6M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Third Avenue Management LLC 74K $4M
Trexquant Investment LPHedge fund 73K $3.9M
Balyasny Asset Management L.P.Hedge fund 69K $3.7M
Assenagon Asset Management S.A. 64K $3.4M
Jump Financial, LLC 54K $2.9M
Numerai Gp LLC 49K $2.6M
Engineers Gate Manager LPHedge fund 39K $2.1M
Invenomic Capital Management LPHedge fund 34K $1.8M
Campbell & Co Investment Adviser LLC 17K $938,542
Horizon Investments, LLC 17K $937,951

Sold out

largest by value

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
350
Ten largest holders
55.4%
of 13F-reported shares
Index fund managers
34.5%
of 13F-reported shares
Active managers and hedge funds
25.5%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 34 16 9 3 −768K −5.1%
Index fund managers 4 7 0 0 −77K −0.4%
Other institutions 148 163 36 68 −519K −2.4%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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