Skip to main content

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, Q4 2022

Institutional positions in MediaAlpha, Inc. as of Dec 31, 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
101
+13 vs. Q3 2022
Shares held
40.1M
−833.6K (−2.0%) vs. Q3 2022
Total value
$398.7M
+$40.8M (+11.4%) vs. Q3 2022
New holders
24
35 more added
Sold out
11
27 more reduced

Compare with Q3 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 holdersQ4 2022: 101 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 heldQ4 2022: $398.7M
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, Q4 2022

Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q3 2022.

Institutions holding MAX in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
White Mountains Insurance Group Ltd16,939,998$168.6M33.55%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC6,161,213$61.3M0.19%−506,709−7.6%Reduced
Broad Bay Capital Management, LP2,515,400$25.0M3.56%00.0%Unchanged
Vanguard Group Inc2,247,309$22.4M0.00%+44,544+2.0%Added
Norges Bank1,600,000$15.9M0.00%00.0%Unchanged
BlackRock Inc.1,507,724$15.0M0.00%+71,660+5.0%Added
Ararat Capital Management, LP1,429,822$14.2M4.74%−874,926−38.0%Reduced
Nantahala Capital Management, LLC1,283,240$12.8M1.15%−275,268−17.7%Reduced
Philadelphia Financial Management of San Francisco, LLC534,982$5.32M1.70%+534,982New
State Street Corp425,276$4.23M0.00%+14,619+3.6%Added
Geode Capital Management, LLC424,739$4.23M0.00%+40,714+10.6%Added
Silvercrest Asset Management Group LLC389,520$3.88M0.03%−32,249−7.6%Reduced
Earnest Partners LLC364,521$3.63M0.02%+154,687+73.7%Added
Wells Fargo & Company349,299$3.48M0.00%−30,392−8.0%Reduced
Picton Mahoney Asset Management308,990$3.08M0.16%+308,990New
Jacobs Asset Management, LLC264,600$2.63M1.29%−117,288−30.7%Reduced
Manatuck Hill Partners, LLC255,000$2.54M1.20%+110,000+75.9%Added
Millennium Management LLC235,498$2.34M0.00%+235,498New
Northern Trust Corp220,986$2.20M0.00%+9,784+4.6%Added
Charles Schwab Investment Management Inc177,945$1.77M0.00%+12,287+7.4%Added
Cannell Peter B & Co Inc176,590$1.76M0.06%+31,835+22.0%Added
Nuveen Asset Management, LLC156,192$1.55M0.00%+90,941+139.4%Added
Daiwa Securities Group Inc.150,986$1.50M0.01%−10,000−6.2%Reduced
Renaissance Technologies LLC134,000$1.33M0.00%+89,300+199.8%Added
SEI Investments Co122,799$1.22M0.00%+48,500+65.3%Added
Alliancebernstein L.P.107,787$1.07M0.00%+92,287+595.4%Added
TownSquare Capital, LLC103,800$1.03M0.03%+24,824+31.4%Added
Tudor Investment Corp Et Al102,297$1.02M0.03%+32,726+47.0%Added
Bank of New York Mellon Corp79,689$792.9K0.00%+5,368+7.2%Added
Morgan Stanley66,270$659.4K0.00%+58,429+745.2%Added
Point72 Asset Management, L.P.64,000$636.8K0.00%−128,405−66.7%Reduced
Stifel Financial Corp58,808$585.1K0.00%−12,354−17.4%Reduced
Swiss National Bank55,900$556.2K0.00%+1,700+3.1%Added
Azzad Asset Management Inc54,911$546.4K0.09%−1,117−2.0%Reduced
Arrowstreet Capital, Limited Partnership53,991$537.0K0.00%+53,991New
D. E. Shaw & Co., Inc.51,970$517.1K0.00%+51,970New
State of Wisconsin Investment Board44,389$441.7K0.00%−30,681−40.9%Reduced
Neuberger Berman Group LLC44,029$438.1K0.00%−1,610−3.5%Reduced
Goldman Sachs Group Inc40,742$405.4K0.00%−58,289−58.9%Reduced
Dynamic Technology Lab Private Ltd32,072$319.0K0.03%+32,072New
Rhumbline Advisers30,756$306.0K0.00%+1,299+4.4%Added
M&T Bank Corp30,796$305.9K0.00%−1,348−4.2%Reduced
California State Teachers Retirement System29,951$298.0K0.00%+766+2.6%Added
Citadel Advisors LLC29,854$297.0K0.00%+8,857+42.2%Added
Jane Street Group, LLC29,618$294.7K0.00%+29,618New
Jump Financial, LLC29,423$292.8K0.02%+29,423New
Invesco Ltd.29,066$289.2K0.00%+18,019+163.1%Added
Bank of America Corp28,321$281.8K0.00%+21,222+298.9%Added
JPMorgan Chase & Co24,701$245.0K0.00%+2,936+13.5%Added
Credit Suisse AG24,536$244.1K0.00%+5,427+28.4%Added
Sumitomo Mitsui Trust Holdings, Inc.24,514$243.9K0.00%00.0%Unchanged
Lazard Asset Management LLC24,514$243.0K0.00%00.0%Unchanged
UBS Group AG23,036$229.2K0.00%+22,787+9,151.4%Added
US Bancorp22,532$224.2K0.00%+330+1.5%Added
HST Ventures, LLC22,501$223.9K0.16%00.0%Unchanged
Blair William & Co20,561$204.6K0.00%−2,818−12.1%Reduced
HRT Financial LP19,271$191.0K0.00%+19,271New
Engineers Gate Manager LP18,096$180.1K0.01%+18,096New
Baker Tilly Wealth Management, LLC17,616$175.3K0.02%−2,159−10.9%Reduced
New York State Common Retirement Fund16,871$167.9K0.00%−11−0.1%Reduced
Mackenzie Financial Corp16,192$161.1K0.00%00.0%Unchanged
XTX Topco Ltd14,721$146.5K0.03%+14,721New
Price T Rowe Associates Inc14,490$144.0K0.00%−8,240−36.3%Reduced
Precision Wealth Strategies, LLC14,335$142.6K0.15%−234−1.6%Reduced
Mariner, LLC13,868$138.0K0.00%+448+3.3%Added
MetLife Investment Management12,251$121.9K0.00%00.0%Unchanged
Walleye Capital LLC11,805$117.5K0.00%+11,805New
American International Group, Inc.11,655$116.0K0.00%+224+2.0%Added
Deutsche Bank AG11,071$110.2K0.00%+162+1.5%Added
Vestmark Advisory Solutions, Inc.10,956$109.0K0.01%+10,956New
Two Sigma Investments, LP10,600$105.5K0.00%+10,600New
Mirae Asset Global Investments Co., Ltd.10,547$104.9K0.00%+10,547New
Manufacturers Life Insurance Company, The10,134$100.8K0.00%−34−0.3%Reduced
Legal & General Group Plc9,295$92.4K0.00%+1,220+15.1%Added
State of Wyoming7,793$77.5K0.03%+5,720+275.9%Added
Tower Research Capital LLC (TRC)7,222$72.0K0.00%+5,252+266.6%Added
Yarbrough Capital, LLC6,735$67.0K0.01%+6,735New
Barclays PLC6,617$65.8K0.00%+5,596+548.1%Added
Cubist Systematic Strategies, LLC6,216$61.8K0.00%+6,216New
Aquatic Capital Management LLC5,000$50.0K0.00%+5,000New
Advisory Services Network, LLC4,823$48.0K0.00%+4,823New
Royal Bank of Canada4,468$45.0K0.00%+3,525+373.8%Added
Amalgamated Bank3,737$37.0K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC2,800$28.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.2,756$27.0K0.00%−6,656−70.7%Reduced
Ameritas Investment Partners, Inc.1,490$17.2K0.00%00.0%Unchanged
Spire Wealth Management1,644$16.0K0.00%−130−7.3%Reduced
Metropolitan Life Insurance Co1,581$15.7K0.00%00.0%Unchanged
Citigroup Inc1,544$15.4K0.00%−186−10.8%Reduced
FMR LLC975$9.70K0.00%−917−48.5%Reduced
Quarry LP704$7.00K0.01%+704New
Bessemer Group Inc707$7.00K0.00%+707New
Arcus Capital Partners, LLC700$6.96K0.00%+700New
First Horizon Advisors, Inc.602$5.99K0.00%−3,572−85.6%Reduced
Signaturefd, LLC229$2.28K0.00%00.0%Unchanged
Fifth Third Bancorp115$1.14K0.00%+115New
PMC FIG Opportunities LLC100$9950.00%00.0%Unchanged
Comerica Securities,inc.80$7960.00%+80New
Manchester Capital Management LLC47$4680.00%00.0%Unchanged
Benjamin F. Edwards & Company, Inc.46$00.00%−64−58.2%Reduced