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MediaAlpha, Inc.

MAX
Exchange
NYSE
Industry
Services-Business Services, NEC
SEC CIK
0001818383

In the last 90 days, MediaAlpha, Inc. insiders filed 0 open-market purchases and 26 sales; 153 institutions reported holding it in 13F filings for Q2 2026, worth $610.7M in total; no superinvestor holds it.

13F holders, Q3 2022

Institutional positions in MediaAlpha, Inc. as of Sep 30, 2022. 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
88
0 vs. Q2 2022
Shares held
40.9M
+1.01M (+2.5%) vs. Q2 2022
Total value
$358.0M
−$35.0M (−8.9%) vs. Q2 2022
New holders
11
43 more added
Sold out
11
22 more reduced

1 institution that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MAX 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 holdersQ3 2022: 88 institutions
Q1 2021: 96 institutionsQ2 2021: 98 institutionsQ3 2021: 89 institutionsQ4 2021: 93 institutionsQ1 2022: 96 institutionsQ2 2022: 89 institutionsQ3 2022: 88 institutionsQ4 2022: 101 institutionsQ1 2023: 98 institutionsQ2 2023: 94 institutionsQ3 2023: 89 institutionsQ4 2023: 91 institutionsQ1 2024: 122 institutionsQ2 2024: 149 institutionsQ3 2024: 151 institutionsQ4 2024: 162 institutionsQ1 2025: 144 institutionsQ2 2025: 152 institutionsQ3 2025: 157 institutionsQ4 2025: 172 institutionsQ1 2026: 163 institutionsQ2 2026: 153 institutions
Value heldQ3 2022: $358.0M
Q1 2021: $1.29BQ2 2021: $1.59BQ3 2021: $708.5MQ4 2021: $616.6MQ1 2022: $677.3MQ2 2022: $393.0MQ3 2022: $358.0MQ4 2022: $398.7MQ1 2023: $602.5MQ2 2023: $463.6MQ3 2023: $341.7MQ4 2023: $470.3MQ1 2024: $905.9MQ2 2024: $660.8MQ3 2024: $885.5MQ4 2024: $542.2MQ1 2025: $436.3MQ2 2025: $528.5MQ3 2025: $544.3MQ4 2025: $618.6MQ1 2026: $452.0MQ2 2026: $610.7M
Institutions holding MAX and their total value by quarter
QuarterHoldersValue
Q2 2026153$610.7M
Q1 2026163$452.0M
Q4 2025172$618.6M
Q3 2025157$544.3M
Q2 2025152$528.5M
Q1 2025144$436.3M
Q4 2024162$542.2M
Q3 2024151$885.5M
Q2 2024149$660.8M
Q1 2024122$905.9M
Q4 202391$470.3M
Q3 202389$341.7M
Q2 202394$463.6M
Q1 202398$602.5M
Q4 2022101$398.7M
Q3 202288$358.0M
Q2 202289$393.0M
Q1 202296$677.3M
Q4 202193$616.6M
Q3 202189$708.5M
Q2 202198$1.59B
Q1 202196$1.29B

Institutions, Q3 2022

Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q2 2022.

Institutions holding MAX in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
White Mountains Insurance Group Ltd16,939,998$148.2M76.15%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC6,667,922$58.3M0.19%+395,302+6.3%Added
Broad Bay Capital Management, LP2,515,400$22.0M3.88%+195,400+8.4%Added
Ararat Capital Management, LP2,304,748$20.2M8.44%+1,317+0.1%Added
Vanguard Group Inc2,202,765$19.3M0.00%+133,920+6.5%Added
Norges Bank1,600,000$14.0M0.00%00.0%Unchanged
Nantahala Capital Management, LLC1,558,508$13.6M1.34%−82,116−5.0%Reduced
BlackRock Inc.1,436,064$12.6M0.00%−46,462−3.1%Reduced
Rubric Capital Management LP486,910$4.26M0.21%−147,669−23.3%Reduced
Silvercrest Asset Management Group LLC421,769$3.69M0.03%−30,376−6.7%Reduced
State Street Corp410,657$3.59M0.00%−4,237−1.0%Reduced
Geode Capital Management, LLC384,025$3.36M0.00%+11,986+3.2%Added
Jacobs Asset Management, LLC381,888$3.34M1.70%−45,456−10.6%Reduced
Wells Fargo & Company379,691$3.32M0.00%+88,431+30.4%Added
Wellington Management Group LLP293,838$2.57M0.00%+15,289+5.5%Added
Northern Trust Corp211,202$1.85M0.00%−3,654−1.7%Reduced
Earnest Partners LLC209,834$1.84M0.01%+209,834New
Envestnet Asset Management Inc203,499$1.78M0.00%+203,499New
Point72 Asset Management, L.P.192,405$1.68M0.01%+47,734+33.0%Added
Charles Schwab Investment Management Inc165,658$1.45M0.00%+15,599+10.4%Added
Daiwa Securities Group Inc.160,986$1.41M0.01%+24,000+17.5%Added
Manatuck Hill Partners, LLC145,000$1.27M0.65%+145,000New
Cannell Peter B & Co Inc144,755$1.27M0.05%−23,325−13.9%Reduced
Goldman Sachs Group Inc99,031$867.0K0.00%+50,230+102.9%Added
Los Angeles Capital Management LLC83,635$732.0K0.00%+23,969+40.2%Added
TownSquare Capital, LLC78,976$691.0K0.02%+20,911+36.0%Added
State of Wisconsin Investment Board75,070$657.0K0.00%−956−1.3%Reduced
Bank of New York Mellon Corp74,321$651.0K0.00%+7,316+10.9%Added
SEI Investments Co74,299$650.0K0.00%+38,104+105.3%Added
Stifel Financial Corp71,162$623.0K0.00%+16,927+31.2%Added
Tudor Investment Corp Et Al69,571$609.0K0.01%+69,571New
Shay Capital LLC67,500$591.0K0.30%+67,500New
Nuveen Asset Management, LLC65,251$571.0K0.00%+1,031+1.6%Added
Azzad Asset Management Inc56,028$490.2K0.05%+22,370+66.5%Added
Swiss National Bank54,200$474.0K0.00%+3,200+6.3%Added
Neuberger Berman Group LLC45,639$399.0K0.00%+7,903+20.9%Added
Renaissance Technologies LLC44,700$391.0K0.00%+4,300+10.6%Added
M&T Bank Corp32,144$280.0K0.00%+5,385+20.1%Added
Rhumbline Advisers29,457$258.0K0.00%+3,027+11.5%Added
California State Teachers Retirement System29,185$255.0K0.00%+318+1.1%Added
Lazard Asset Management LLC24,514$214.0K0.00%00.0%Unchanged
Sumitomo Mitsui Trust Holdings, Inc.24,514$214.0K0.00%00.0%Unchanged
Blair William & Co23,379$205.0K0.00%−1,757−7.0%Reduced
Price T Rowe Associates Inc22,730$199.0K0.00%−2,432−9.7%Reduced
HST Ventures, LLC22,501$197.0K0.13%+22,501New
US Bancorp22,202$194.0K0.00%+3,268+17.3%Added
JPMorgan Chase & Co21,765$190.0K0.00%+470+2.2%Added
Citadel Advisors LLC20,997$184.0K0.00%−70,595−77.1%Reduced
Baker Tilly Wealth Management, LLC19,775$173.0K0.02%+3,213+19.4%Added
Credit Suisse AG19,109$166.0K0.00%+9,928+108.1%Added
Precision Wealth Strategies, LLC14,569$159.0K0.14%+2,189+17.7%Added
New York State Common Retirement Fund16,882$148.0K0.00%+72+0.4%Added
Mackenzie Financial Corp16,192$142.0K0.00%00.0%Unchanged
MML Investors Services, LLC16,130$141.0K0.00%+16,130New
Alliancebernstein L.P.15,500$136.0K0.00%+2,400+18.3%Added
Mariner, LLC13,420$117.0K0.00%+13,420New
MetLife Investment Management12,251$107.2K0.00%00.0%Unchanged
American International Group, Inc.11,431$100.0K0.00%+306+2.8%Added
Deutsche Bank AG10,909$96.0K0.00%−9,869−47.5%Reduced
Invesco Ltd.11,047$96.0K0.00%+11,047New
Manufacturers Life Insurance Company, The10,168$89.0K0.00%−490−4.6%Reduced
Advisor Group Holdings, Inc.9,412$84.0K0.00%+7,397+367.1%Added
Legal & General Group Plc8,075$71.0K0.00%+584+7.8%Added
Morgan Stanley7,841$69.0K0.00%−15,148−65.9%Reduced
Bank of America Corp7,099$62.0K0.00%−9,712−57.8%Reduced
BNP Paribas Arbitrage, SA4,237$37.1K0.00%+4,237New
First Horizon Advisors, Inc.4,174$36.0K0.00%+3,723+825.5%Added
Macquarie Group Ltd3,521$34.0K0.00%−356−9.2%Reduced
Amalgamated Bank3,737$33.0K0.00%+93+2.6%Added
Nisa Investment Advisors, LLC2,800$31.0K0.00%00.0%Unchanged
Elkhorn Partners Limited Partnership2,111$18.0K0.01%−1,489−41.4%Reduced
State of Wyoming2,073$18.0K0.01%−428−17.1%Reduced
Tower Research Capital LLC (TRC)1,970$17.0K0.00%+674+52.0%Added
FMR LLC1,892$17.0K0.00%+1,242+191.1%Added
Spire Wealth Management1,774$16.0K0.00%+390+28.2%Added
Citigroup Inc1,730$15.0K0.00%−1,131−39.5%Reduced
Metropolitan Life Insurance Co1,581$13.8K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,490$13.0K0.00%00.0%Unchanged
Wolff Wiese Magana LLC1,279$11.0K0.01%+313+32.4%Added
Barclays PLC1,021$9.00K0.00%−2,070−67.0%Reduced
Royal Bank of Canada943$9.00K0.00%+709+303.0%Added
Proequities, Inc.839$7.00K0.00%+839New
UBS Group AG249$2.00K0.00%−1,741−87.5%Reduced
Signaturefd, LLC229$2.00K0.00%+17+8.0%Added
Benjamin F. Edwards & Company, Inc.110$1.00K0.00%00.0%Unchanged
PMC FIG Opportunities LLC100$8750.00%00.0%Unchanged
Manchester Capital Management LLC47$00.00%+8+20.5%Added
Rockefeller Capital Management L.P.67$00.00%00.0%Unchanged
Balyasny Asset Management LLC0$00.00%−316,377−100.0%Sold out
Marshall Wace, LLP0$00.00%−40,581−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−18,504−100.0%Sold out
Trexquant Investment LP0$00.00%−15,535−100.0%Sold out
HSBC Holdings PLC0$00.00%−15,013−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−11,986−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−1,800−100.0%Sold out
Captrust Financial Advisors0$00.00%−646−100.0%Sold out
TCI Wealth Advisors, Inc.0$00.00%−326−100.0%Sold out
FourThought Financial, LLC0$00.00%−194−100.0%Sold out
Allworth Financial LP0$00.00%−33−100.0%Sold out
Private Capital Group, LLC––––Not filed