Maximus, Inc. (MMS) Institutional OwnershipQ2 2026 13F Data|Updated 2026-11-07
Institutional ownership increased this quarter (+1.96 pp), though top 10 holders maintain a highly concentrated 58.2% of institutional value.
Ranked by reported Q2 2026 13F market value
Share of total reported institutional value in MMS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.4M | $400.2M | -1.0% | 14.168% | 0.01% |
| 2 | FMR LLC | 5.5M | $298.1M | -32.2% | 10.553% | 0.01% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.4M | $182.2M | -2.4% | 6.449% | 0.01% |
| 4 | FULLER & THALER ASSET MANAGEMENT, INC. | 2.7M | $145.3M | +29.8% | 5.144% | 0.40% |
| 5 | STATE STREET CORP | 2.6M | $137.9M | +4.4% | 4.884% | 0.00% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 2.4M | $127.2M | -2.9% | 4.503% | 0.00% |
| 7 | DIMENSIONAL FUND ADVISORS LP | 2.4M | $126.6M | +11.7% | 4.481% | 0.02% |
| 8 | REINHART PARTNERS, LLC. | 2.0M | $106.6M | +131.8% | 3.773% | 2.43% |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 1.6M | $84.8M | +5.3% | 3.002% | 0.00% |
| 10 | Boston Partners | 910K | $49.2M | +36.0% | 1.732% | 0.04% |
| 11 | Stephens Investment Management Group LLC | 855K | $46.0M | +19.3% | 1.627% | 0.49% |
| 12 | Qube Research & Technologies Ltd | 783K | $42.1M | +96.6% | 1.489% | 0.04% |
| 13 | River Road Asset Management, LLC | 760K | $40.9M | -8.0% | 1.446% | 0.45% |
| 14 | Sio Capital Management, LLC | 715K | $38.5M | -7.0% | 1.361% | 6.36% |
| 15 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 703K | $37.8M | -1.9% | 1.339% | 0.01% |
| 16 | NORTHERN TRUST CORP | 700K | $37.6M | +1.0% | 1.332% | 0.00% |
| 17 | NORGES BANK | 696K | $37.4M | — | 1.324% | 0.00% |
| 18 | Allianz Asset Management GmbH | 685K | $36.8M | -23.4% | 1.304% | 0.02% |
| 19 | PRUDENTIAL FINANCIAL INC | 684K | $36.8M | +3137.2% | 1.302% | 0.04% |
| 20 | GOLDMAN SACHS GROUP INC | 641K | $34.4M | +33.3% | 1.219% | 0.00% |
| 21 | CITADEL ADVISORS LLC | 622K | $33.4M | +470.0% | 1.184% | 0.00% |
| 22 | JUPITER ASSET MANAGEMENT LTD | 608K | $32.7M | +25.6% | 1.158% | 0.16% |
| 23 | BANK OF AMERICA CORP /DE/ | 586K | $31.5M | +3.9% | 1.115% | 0.00% |
| 24 | Invesco Ltd. | 533K | $28.6M | +192.9% | 1.014% | 0.00% |
| 25 | ROYCE & ASSOCIATES LP | 527K | $28.3M | +41.5% | 1.003% | 0.23% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in MMS — a direct measure of their conviction.
Filings activity in MMS during Q2 2026, grouped by how each filer changed its position.
Institutions that opened a new MMS position in Q2 2026
Institutions that fully closed their MMS position in Q2 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 355 | 5.1% | 105.91% | +1.96 pp | $2.85B | 16% |
| Q1 2026 | 374 | 2.1% | 103.95% | 1.97 pp | $3.39B | 30% |
| Q4 2025 | 382 | +2.1% | 105.92% | +5.10 pp | $4.83B | 1.0% |
| Q3 2025 | 374 | 0.3% | 100.82% | +0.35 pp | $4.87B | +28% |
| Q2 2025 | 375 | +6.2% | 100.47% | +1.43 pp | $3.81B | +4.9% |
| Q1 2025 | 353 | +1.4% | 99.04% | +0.28 pp | $3.63B | 10.0% |
| Q4 2024 | 348 | 5.4% | 98.76% | 74.45 pp | $4.03B | 59% |
| Q3 2024 | 368 | — | 173.21% | — | $9.77B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying MMS stock.
Based on Q2 2026 13F filings, institutional ownership of Maximus, Inc. stands at 105.9%, held across 355 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of MMS, with approximately 7,443,930 shares worth $0.40B as of Q2 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of MMS, including CITADEL ADVISORS LLC.
Our composite Smart Money Score for MMS is 52 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
47 institutions opened new positions in MMS during Q2 2026, while 72 fully exited. 93 added to existing positions and 201 trimmed.
MMS institutional ownership rose by 1.96 percentage points quarter-over-quarter, with a net change of -19 holders.
The top 10 institutions account for 58.2% of all reported 13F value in MMS, and the top 25 account for 77.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.