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Maximus, Inc.

MMS
Exchange
NYSE
Industry
Services-Business Services, NEC
SEC CIK
0001032220

No open-market purchases or sales by Maximus, Inc. insiders were filed in the last 90 days; 354 institutions reported holding it in 13F filings for Q2 2026, worth $2.99B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Maximus, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
387
+9 vs. Q3 2025
Shares held
57.8M
+2.38M (+4.3%) vs. Q3 2025
Total value
$4.99B
−$70.4M (−1.4%) vs. Q3 2025
New holders
64
124 more added
Sold out
55
145 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MMS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 387 institutions
Q1 2021: 324 institutionsQ2 2021: 354 institutionsQ3 2021: 323 institutionsQ4 2021: 347 institutionsQ1 2022: 321 institutionsQ2 2022: 309 institutionsQ3 2022: 296 institutionsQ4 2022: 306 institutionsQ1 2023: 303 institutionsQ2 2023: 305 institutionsQ3 2023: 324 institutionsQ4 2023: 345 institutionsQ1 2024: 351 institutionsQ2 2024: 357 institutionsQ3 2024: 373 institutionsQ4 2024: 354 institutionsQ1 2025: 355 institutionsQ2 2025: 378 institutionsQ3 2025: 385 institutionsQ4 2025: 387 institutionsQ1 2026: 376 institutionsQ2 2026: 354 institutions
Value heldQ4 2025: $4.99B
Q1 2021: $5.18BQ2 2021: $5.15BQ3 2021: $4.89BQ4 2021: $4.65BQ1 2022: $4.46BQ2 2022: $3.67BQ3 2022: $3.46BQ4 2022: $4.40BQ1 2023: $4.77BQ2 2023: $5.13BQ3 2023: $4.47BQ4 2023: $4.97BQ1 2024: $4.93BQ2 2024: $5.04BQ3 2024: $5.45BQ4 2024: $4.26BQ1 2025: $3.86BQ2 2025: $4.00BQ3 2025: $5.06BQ4 2025: $4.99BQ1 2026: $3.56BQ2 2026: $2.99B
Institutions holding MMS and their total value by quarter
QuarterHoldersValue
Q2 2026354$2.99B
Q1 2026376$3.56B
Q4 2025387$4.99B
Q3 2025385$5.06B
Q2 2025378$4.00B
Q1 2025355$3.86B
Q4 2024354$4.26B
Q3 2024373$5.45B
Q2 2024357$5.04B
Q1 2024351$4.93B
Q4 2023345$4.97B
Q3 2023324$4.47B
Q2 2023305$5.13B
Q1 2023303$4.77B
Q4 2022306$4.40B
Q3 2022296$3.46B
Q2 2022309$3.67B
Q1 2022321$4.46B
Q4 2021347$4.65B
Q3 2021323$4.89B
Q2 2021354$5.15B
Q1 2021324$5.18B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Maximus, Inc.; share changes are against Q3 2025.

Institutions holding MMS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Captrust Financial Advisors10,836$935.3K0.00%−409−3.6%Reduced
Arrowstreet Capital, Limited Partnership10,886$939.7K0.00%+10,886New
Polaris Capital Management, LLC10,900$940.9K0.08%00.0%Unchanged
Oregon Public Employees Retirement Fund11,224$968.9K0.01%−100−0.9%Reduced
Quest Partners LLC11,639$1.00M0.06%+5,070+77.2%Added
O'Shaughnessy Asset Management, LLC11,750$1.01M0.01%+1,138+10.7%Added
Diversified Trust Co12,074$1.04M0.02%+470+4.1%Added
Integrated Quantitative Investments LLC12,100$1.04M0.22%+1,846+18.0%Added
Wealth Enhancement Advisory Services, LLC11,970$1.07M0.00%−1,096−8.4%Reduced
South Dakota Investment Council12,364$1.07M0.02%−900−6.8%Reduced
New Mexico Educational Retirement Board12,400$1.07M0.03%00.0%Unchanged
CWM, LLC12,533$1.08M0.00%−2,163−14.7%Reduced
Northwestern Mutual Investment Management Company, LLC12,607$1.09M0.01%+47+0.4%Added
ProShare Advisors LLC12,617$1.09M0.00%+537+4.4%Added
State of Michigan Retirement System13,318$1.15M0.01%−100−0.7%Reduced
HSBC Holdings PLC13,886$1.20M0.00%+11,563+497.8%Added
Toroso Investments, LLC14,064$1.21M0.01%+14,064New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys14,101$1.22M0.01%−361−2.5%Reduced
Bank of Montreal14,142$1.22M0.00%−42−0.3%Reduced
Empirical Finance, LLC14,190$1.22M0.06%00.0%Unchanged
Radnor Capital Management, LLC14,275$1.23M0.18%−25−0.2%Reduced
Handelsbanken Fonder AB14,416$1.24M0.00%00.0%Unchanged
Neuberger Berman Group LLC14,649$1.26M0.00%+8,708+146.6%Added
Quantinno Capital Management LP14,846$1.28M0.00%+7,293+96.6%Added
Pathstone Holdings, LLC15,252$1.32M0.01%−1,212−7.4%Reduced
Police & Firemen's Retirement System of New Jersey15,449$1.33M0.01%−222−1.4%Reduced
Thrivent Financial for Lutherans15,550$1.34M0.00%−257−1.6%Reduced
XTX Topco Ltd15,595$1.35M0.04%+7,599+95.0%Added
Louisiana State Employees Retirement System15,600$1.35M0.02%−100−0.6%Reduced
Arizona State Retirement System15,732$1.36M0.01%−942−5.6%Reduced
American Century Companies Inc15,856$1.37M0.00%+12,284+343.9%Added
SG Americas Securities, LLC16,103$1.39M0.00%+4,089+34.0%Added
Mariner, LLC16,591$1.43M0.00%−2,825−14.5%Reduced
Deerfield Management Company, L.P. (Series C)16,606$1.43M0.02%+16,606New
State Board of Administration of Florida Retirement System16,768$1.45M0.00%−268−1.6%Reduced
Harbor Capital Advisors, Inc.16,948$1.46M0.11%−5,873−25.7%Reduced
Legato Capital Management LLC16,952$1.46M0.13%−15,896−48.4%Reduced
Keeler Thomas Management LLC17,133$1.48M0.70%+37+0.2%Added
Prudential Financial Inc17,712$1.53M0.00%−4,232−19.3%Reduced
Teacher Retirement System of Texas18,031$1.56M0.01%−5,882−24.6%Reduced
PEAK6 LLC18,129$1.56M0.04%−4,047−18.2%Reduced
Lazard Asset Management LLC18,495$1.60M0.00%−1,443−7.2%Reduced
Elo Mutual Pension Insurance Co18,594$1.61M0.02%+18,594New
Dynamic Technology Lab Private Ltd18,642$1.61M0.36%+18,642New
Teachers Retirement System of the State of Kentucky18,986$1.64M0.01%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)19,011$1.64M0.00%+1,928+11.3%Added
Verition Fund Management LLC19,300$1.67M0.01%−25,008−56.4%Reduced
CWM Advisors, LLC19,634$1.69M0.15%+14,715+299.1%Added
Dean Capital Management19,743$1.70M0.73%−18,440−48.3%Reduced
Oxford Asset Management LLP19,856$1.71M0.61%+19,856New
Gotham Asset Management, LLC20,160$1.74M0.01%+12,841+175.4%Added
Yousif Capital Management, LLC18,400$1.77M0.02%−432−2.3%Reduced
Seizert Capital Partners, LLC21,588$1.86M0.08%+21,588New
Virginia Retirement Systems Et Al21,700$1.87M0.01%+17,400+404.7%Added
Engineers Gate Manager LP21,983$1.90M0.02%+14,432+191.1%Added
Bridge City Capital, LLC22,002$1.90M0.56%−3,595−14.0%Reduced
Y-Intercept (Hong Kong) Ltd23,120$2.00M0.04%+23,120New
Ameritas Investment Partners, Inc.23,234$2.01M0.06%−1,145−4.7%Reduced
Mutual of America Capital Management LLC23,452$2.02M0.02%−2,573−9.9%Reduced
Amalgamated Bank23,737$2.05M0.01%−998−4.0%Reduced
KLP Kapitalforvaltning AS23,900$2.06M0.01%+8,600+56.2%Added
Illinois Municipal Retirement Fund23,973$2.07M0.03%−8,154−25.4%Reduced
New York State Common Retirement Fund25,490$2.20M0.00%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.26,290$2.27M0.00%−20−0.1%Reduced
Knights of Columbus Asset Advisors LLC27,043$2.33M0.13%−863−3.1%Reduced
Clark Estates Inc27,138$2.34M0.57%00.0%Unchanged
State of New Jersey Common Pension Fund D27,319$2.36M0.01%+2,415+9.7%Added
Robeco Institutional Asset Management B.V.28,628$2.47M0.00%−1,016−3.4%Reduced
Dean Investment Associates, LLC29,029$2.51M0.36%−17,276−37.3%Reduced
GHP Investment Advisors, Inc.29,309$2.53M0.10%+679+2.4%Added
Horizon Investments, LLC29,312$2.53M0.03%+4,879+20.0%Added
Wealthspire Advisors, LLC29,366$2.53M0.02%+2,316+8.6%Added
State of Tennessee, Treasury Department28,257$2.67M0.01%−1,210−4.1%Reduced
Johnson Investment Counsel Inc31,285$2.70M0.02%00.0%Unchanged
Renaissance Technologies LLC31,500$2.72M0.00%−100,700−76.2%Reduced
State of Wisconsin Investment Board32,232$2.78M0.01%−2,604−7.5%Reduced
Ieq Capital, LLC32,462$2.80M0.01%−16,602−33.8%Reduced
Great West Life Assurance Co33,285$2.88M0.01%−14,179−29.9%Reduced
Winton Group Ltd34,404$2.97M0.10%−33,541−49.4%Reduced
Nisa Investment Advisors, LLC35,025$3.02M0.01%−3,415−8.9%Reduced
Chatham Capital Group, Inc.35,207$3.04M0.43%+285+0.8%Added
New Age Alpha Advisors, LLC35,994$3.11M0.13%−13,449−27.2%Reduced
Agf Management Ltd36,524$3.15M0.01%−1,578−4.1%Reduced
Algert Global LLC37,245$3.21M0.05%−98,975−72.7%Reduced
Mercer Global Advisors Inc37,437$3.23M0.00%−5,463−12.7%Reduced
Citadel Advisors LLC38,198$3.30M0.00%−212,445−84.8%Reduced
Canada Pension Plan Investment Board38,500$3.32M0.00%−500−1.3%Reduced
Leuthold Group, LLC41,228$3.56M0.38%+521+1.3%Added
Zacks Investment Management42,521$3.67M0.03%−2,062−4.6%Reduced
DekaBank Deutsche Girozentrale42,100$3.82M0.01%00.0%Unchanged
Campbell & CO Investment Adviser LLC44,761$3.86M0.19%+40,903+1,060.2%Added
Two Sigma Investments, LP46,034$3.97M0.01%−122,483−72.7%Reduced
Royal Bank of Canada50,440$4.35M0.00%+17,598+53.6%Added
Natixis53,000$4.57M0.02%+53,000New
Bryn Mawr Trust Co53,119$4.59M0.11%−4,539−7.9%Reduced
California State Teachers Retirement System53,154$4.59M0.00%−50−0.1%Reduced
Price T Rowe Associates Inc54,567$4.71M0.00%+2,726+5.3%Added
Bridgewater Associates, LP55,325$4.78M0.02%+43,848+382.1%Added
Nordea Investment Management AB55,183$4.81M0.00%−10,003−15.3%Reduced
MetLife Investment Management58,030$5.01M0.02%−2,958−4.9%Reduced