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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, Q1 2023

Institutional positions in MediaAlpha, Inc. as of Mar 31, 2023. 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
98
−3 vs. Q4 2022
Shares held
40.2M
+150.6K (+0.4%) vs. Q4 2022
Total value
$602.5M
+$203.8M (+51.1%) vs. Q4 2022
New holders
16
34 more added
Sold out
19
35 more reduced

Compare with Q4 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 holdersQ1 2023: 98 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 heldQ1 2023: $602.5M
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, Q1 2023

Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q4 2022.

Institutions holding MAX in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
White Mountains Insurance Group Ltd16,939,998$253.8M41.52%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC5,967,921$89.4M0.26%−193,292−3.1%Reduced
Broad Bay Capital Management, LP2,450,000$36.7M5.03%−65,400−2.6%Reduced
Vanguard Group Inc2,293,882$34.4M0.00%+46,573+2.1%Added
Norges Bank1,682,700$25.2M0.01%+82,700+5.2%Added
Ararat Capital Management, LP1,612,984$24.2M7.77%+183,162+12.8%Added
BlackRock Inc.1,534,632$23.0M0.00%+26,908+1.8%Added
Nantahala Capital Management, LLC1,086,993$16.3M1.56%−196,247−15.3%Reduced
Geode Capital Management, LLC446,008$6.68M0.00%+21,269+5.0%Added
State Street Corp444,753$6.66M0.00%+19,477+4.6%Added
Picton Mahoney Asset Management397,902$5.96M0.30%+88,912+28.8%Added
Silvercrest Asset Management Group LLC383,298$5.74M0.04%−6,222−1.6%Reduced
Wells Fargo & Company370,965$5.56M0.00%+21,666+6.2%Added
Earnest Partners LLC364,521$5.46M0.03%00.0%Unchanged
Divisadero Street Capital Management, LP345,000$5.17M2.26%+345,000New
Millennium Management LLC292,590$4.38M0.01%+57,092+24.2%Added
Cannell Peter B & Co Inc260,160$3.90M0.14%+83,570+47.3%Added
Jacobs Asset Management, LLC250,000$3.75M2.17%−14,600−5.5%Reduced
Northern Trust Corp224,699$3.37M0.00%+3,713+1.7%Added
Renaissance Technologies LLC198,800$2.98M0.00%+64,800+48.4%Added
Charles Schwab Investment Management Inc177,366$2.66M0.00%−579−0.3%Reduced
Nuveen Asset Management, LLC176,310$2.64M0.00%+20,118+12.9%Added
Manatuck Hill Partners, LLC141,473$2.12M1.07%−113,527−44.5%Reduced
Citadel Advisors LLC135,955$2.04M0.00%+106,101+355.4%Added
Arrowstreet Capital, Limited Partnership133,326$2.00M0.00%+79,335+146.9%Added
Daiwa Securities Group Inc.132,786$1.99M0.01%−18,200−12.1%Reduced
SEI Investments Co123,311$1.85M0.00%+512+0.4%Added
G2 Investment Partners Management LLC115,253$1.73M0.50%+115,253New
Dimensional Fund Advisors LP109,952$1.65M0.00%+109,952New
TownSquare Capital, LLC103,315$1.55M0.03%−485−0.5%Reduced
Susquehanna International Group, LLP97,447$1.46M0.00%+97,447New
Bank of New York Mellon Corp76,034$1.14M0.00%−3,655−4.6%Reduced
Tudor Investment Corp Et Al74,036$1.11M0.02%−28,261−27.6%Reduced
Stifel Financial Corp66,953$1.00M0.00%+8,145+13.9%Added
Azzad Asset Management Inc59,709$894.4K0.13%+4,798+8.7%Added
Premier Fund Managers Ltd58,870$849.0K0.03%+58,870New
Swiss National Bank51,100$765.5K0.00%−4,800−8.6%Reduced
Shay Capital LLC50,000$749.0K0.31%+50,000New
Neuberger Berman Group LLC41,357$619.5K0.00%−2,672−6.1%Reduced
Two Sigma Investments, LP36,644$548.9K0.00%+26,044+245.7%Added
Rhumbline Advisers32,823$492.0K0.00%+2,067+6.7%Added
JPMorgan Chase & Co30,815$461.0K0.00%+6,114+24.8%Added
California State Teachers Retirement System29,990$449.3K0.00%+39+0.1%Added
M&T Bank Corp28,587$428.4K0.00%−2,209−7.2%Reduced
D. E. Shaw & Co., Inc.28,434$425.9K0.00%−23,536−45.3%Reduced
Credit Suisse AG27,335$409.5K0.00%+2,799+11.4%Added
Los Angeles Capital Management LLC27,024$404.8K0.00%+27,024New
Bank of America Corp26,346$394.7K0.00%−1,975−7.0%Reduced
Goldman Sachs Group Inc25,173$377.1K0.00%−15,569−38.2%Reduced
US Bancorp25,126$376.4K0.00%+2,594+11.5%Added
Morgan Stanley23,851$357.3K0.00%−42,419−64.0%Reduced
Lazard Asset Management LLC23,060$345.0K0.00%−1,454−5.9%Reduced
Alliancebernstein L.P.22,700$340.0K0.00%−85,087−78.9%Reduced
State of Wisconsin Investment Board20,289$303.9K0.00%−24,100−54.3%Reduced
Deutsche Bank AG20,117$301.4K0.00%+9,046+81.7%Added
Mackenzie Financial Corp19,674$294.7K0.00%+3,482+21.5%Added
Engineers Gate Manager LP19,612$293.8K0.01%+1,516+8.4%Added
New York State Common Retirement Fund16,882$252.9K0.00%+11+0.1%Added
Baker Tilly Wealth Management, LLC16,170$242.2K0.03%−1,446−8.2%Reduced
HST Ventures, LLC16,132$241.7K0.12%−6,369−28.3%Reduced
Sumitomo Mitsui Trust Holdings, Inc.15,792$236.6K0.00%−8,722−35.6%Reduced
Price T Rowe Associates Inc14,627$220.0K0.00%+137+0.9%Added
Mariner, LLC13,429$201.0K0.00%−439−3.2%Reduced
Balyasny Asset Management LLC13,331$199.7K0.00%+13,331New
ExodusPoint Capital Management, LP13,183$197.0K0.00%+13,183New
Jane Street Group, LLC12,513$187.4K0.00%−17,105−57.8%Reduced
Barclays PLC12,468$186.8K0.00%+5,851+88.4%Added
MetLife Investment Management12,251$183.5K0.00%00.0%Unchanged
American International Group, Inc.11,892$178.1K0.00%+237+2.0%Added
UBS Group AG11,860$177.7K0.00%−11,176−48.5%Reduced
Vestmark Advisory Solutions, Inc.11,232$168.3K0.01%+276+2.5%Added
Mirae Asset Global Investments Co., Ltd.10,547$158.0K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The10,134$151.8K0.00%00.0%Unchanged
Triad Investment Management10,100$151.3K0.22%+10,100New
Alliance Wealth Advisors, LLC10,094$151.2K0.06%+10,094New
Legal & General Group Plc9,639$144.4K0.00%+344+3.7%Added
SG Americas Securities, LLC8,340$125.0K0.00%+8,340New
State of Wyoming7,019$105.1K0.03%−774−9.9%Reduced
Advisory Services Network, LLC4,823$72.2K0.00%00.0%Unchanged
Amalgamated Bank3,286$49.0K0.00%−451−12.1%Reduced
Allspring Global Investments Holdings, LLC2,859$42.8K0.00%+2,859New
Royal Bank of Canada2,791$42.0K0.00%−1,677−37.5%Reduced
Advisor Group Holdings, Inc.2,744$41.1K0.00%−12−0.4%Reduced
Spire Wealth Management1,644$24.6K0.00%00.0%Unchanged
FMR LLC1,597$23.9K0.00%+622+63.8%Added
Metropolitan Life Insurance Co1,581$23.7K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,490$22.3K0.00%00.0%Unchanged
Aquatic Capital Management LLC1,400$21.0K0.00%−3,600−72.0%Reduced
Citigroup Inc1,396$20.9K0.00%−148−9.6%Reduced
Tower Research Capital LLC (TRC)790$12.0K0.00%−6,432−89.1%Reduced
First Horizon Advisors, Inc.602$9.02K0.00%00.0%Unchanged
Lindbrook Capital, LLC171$2.56K0.00%+171New
Fifth Third Bancorp115$1.72K0.00%00.0%Unchanged
Venturi Wealth Management, LLC82$1.23K0.00%+82New
Benjamin F. Edwards & Company, Inc.46$1.00K0.00%00.0%Unchanged
Manchester Capital Management LLC47$7050.00%00.0%Unchanged
Parallel Advisors, LLC39$5840.00%+39New
Signaturefd, LLC11$1650.00%−218−95.2%Reduced
Philadelphia Financial Management of San Francisco, LLC0$00.00%−534,982−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−64,000−100.0%Sold out