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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, Q2 2023

Institutional positions in MediaAlpha, Inc. as of Jun 30, 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
94
−4 vs. Q1 2023
Shares held
45.0M
+4.74M (+11.8%) vs. Q1 2023
Total value
$463.6M
−$138.9M (−23.1%) vs. Q1 2023
New holders
15
44 more added
Sold out
19
24 more reduced

Compare with Q1 2023: 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 holdersQ2 2023: 94 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 heldQ2 2023: $463.6M
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, Q2 2023

Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q1 2023.

Institutions holding MAX in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
White Mountains Insurance Group Ltd22,856,814$235.7M46.37%+5,916,816+34.9%Added
Kayne Anderson Rudnick Investment Management LLC6,004,235$61.9M0.17%+36,314+0.6%Added
Broad Bay Capital Management, LP2,670,520$27.5M3.71%+220,520+9.0%Added
Vanguard Group Inc2,005,361$20.7M0.00%−288,521−12.6%Reduced
BlackRock Inc.1,763,968$18.2M0.00%+229,336+14.9%Added
Norges Bank1,600,000$16.5M0.00%−82,700−4.9%Reduced
Nantahala Capital Management, LLC1,142,985$11.8M1.43%+55,992+5.2%Added
Ararat Capital Management, LP761,703$7.85M2.63%−851,281−52.8%Reduced
Geode Capital Management, LLC471,095$4.86M0.00%+25,087+5.6%Added
Jacobs Asset Management, LLC467,270$4.82M3.80%+217,270+86.9%Added
State Street Corp460,164$4.74M0.00%+15,411+3.5%Added
Silvercrest Asset Management Group LLC407,871$4.21M0.03%+24,573+6.4%Added
Earnest Partners LLC396,150$4.08M0.02%+31,629+8.7%Added
Wells Fargo & Company368,850$3.80M0.00%−2,115−0.6%Reduced
Cannell Peter B & Co Inc316,780$3.27M0.11%+56,620+21.8%Added
Northern Trust Corp232,772$2.40M0.00%+8,073+3.6%Added
HST Ventures, LLC229,241$2.36M1.16%+213,109+1,321.0%Added
Nuveen Asset Management, LLC184,763$1.90M0.00%+8,453+4.8%Added
Charles Schwab Investment Management Inc184,602$1.90M0.00%+7,236+4.1%Added
Arrowstreet Capital, Limited Partnership145,517$1.50M0.00%+12,191+9.1%Added
Daiwa Securities Group Inc.132,786$1.37M0.01%00.0%Unchanged
Citadel Advisors LLC125,182$1.29M0.00%−10,773−7.9%Reduced
SEI Investments Co123,311$1.27M0.00%00.0%Unchanged
Marshall Wace, LLP123,004$1.27M0.00%+123,004New
TownSquare Capital, LLC120,576$1.24M0.02%+17,261+16.7%Added
Renaissance Technologies LLC114,500$1.18M0.00%−84,300−42.4%Reduced
Clearline Capital LP106,099$1.09M0.14%+106,099New
Morgan Stanley104,125$1.07M0.00%+80,274+336.6%Added
Bank of New York Mellon Corp81,019$835.3K0.00%+4,985+6.6%Added
Stifel Financial Corp68,977$711.2K0.00%+2,024+3.0%Added
Point72 Asset Management, L.P.65,285$673.1K0.00%+65,285New
Azzad Asset Management Inc65,113$671.3K0.09%+5,404+9.1%Added
Bank of America Corp60,826$627.1K0.00%+34,480+130.9%Added
Jacobs Levy Equity Management, Inc50,520$520.9K0.00%+50,520New
Los Angeles Capital Management LLC48,360$498.6K0.00%+21,336+79.0%Added
California State Teachers Retirement System43,455$448.0K0.00%+13,465+44.9%Added
Swiss National Bank43,400$447.5K0.00%−7,700−15.1%Reduced
Dimensional Fund Advisors LP41,631$429.2K0.00%−68,321−62.1%Reduced
Neuberger Berman Group LLC41,476$427.6K0.00%+119+0.3%Added
Shay Capital LLC39,050$402.6K0.14%−10,950−21.9%Reduced
Rhumbline Advisers38,870$400.7K0.00%+6,047+18.4%Added
Fifth Lane Capital, LP38,796$400.0K0.39%+38,796New
Credit Suisse AG35,686$367.9K0.00%+8,351+30.6%Added
Triad Investment Management32,406$334.1K0.46%+22,306+220.9%Added
Barclays PLC29,460$303.7K0.00%+16,992+136.3%Added
Atom Investors LP29,142$300.5K0.11%+29,142New
Jane Street Group, LLC28,445$293.3K0.00%+15,932+127.3%Added
Alliancebernstein L.P.26,890$277.2K0.00%+4,190+18.5%Added
M&T Bank Corp26,313$271.2K0.00%−2,274−8.0%Reduced
Millennium Management LLC23,893$246.3K0.00%−268,697−91.8%Reduced
US Bancorp23,653$243.9K0.00%−1,473−5.9%Reduced
Goldman Sachs Group Inc22,299$229.9K0.00%−2,874−11.4%Reduced
Legal & General Group Plc20,715$213.6K0.00%+11,076+114.9%Added
JPMorgan Chase & Co20,464$211.0K0.00%−10,351−33.6%Reduced
Susquehanna International Group, LLP20,263$208.9K0.00%−77,184−79.2%Reduced
Elkhorn Partners Limited Partnership18,000$186.0K0.12%+18,000New
UBS Group AG18,040$186.0K0.00%+6,180+52.1%Added
Portside Wealth Group, LLC17,623$181.7K0.03%+17,623New
Deutsche Bank AG15,825$163.2K0.00%−4,292−21.3%Reduced
Price T Rowe Associates Inc15,166$157.0K0.00%+539+3.7%Added
Baker Tilly Wealth Management, LLC14,979$154.4K0.02%−1,191−7.4%Reduced
Mackenzie Financial Corp16,192$153.3K0.00%−3,482−17.7%Reduced
Mariner, LLC13,850$142.8K0.00%+421+3.1%Added
American International Group, Inc.12,414$128.0K0.00%+522+4.4%Added
MetLife Investment Management12,251$126.3K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The11,215$115.6K0.00%+1,081+10.7%Added
Vestmark Advisory Solutions, Inc.11,172$115.2K0.00%−60−0.5%Reduced
Voya Investment Management LLC11,169$115.2K0.00%+11,169New
Simplex Trading, LLC11,008$113.0K0.00%+11,008New
Mirae Asset Global Investments Co., Ltd.10,547$108.7K0.00%00.0%Unchanged
Graham Capital Management, L.P.10,028$103.4K0.00%+10,028New
New York State Common Retirement Fund9,882$101.9K0.00%−7,000−41.5%Reduced
Citigroup Inc9,150$94.3K0.00%+7,754+555.4%Added
Tower Research Capital LLC (TRC)8,255$85.1K0.00%+7,465+944.9%Added
Picton Mahoney Asset Management6,680$69.0K0.00%−391,222−98.3%Reduced
State of Wyoming4,995$51.5K0.02%−2,024−28.8%Reduced
Allspring Global Investments Holdings, LLC4,049$41.7K0.00%+1,190+41.6%Added
Amalgamated Bank3,496$36.0K0.00%+210+6.4%Added
Royal Bank of Canada3,303$34.0K0.00%+512+18.3%Added
Advisor Group Holdings, Inc.2,505$25.8K0.00%−239−8.7%Reduced
Quarry LP1,722$17.8K0.01%+1,722New
Spire Wealth Management1,644$16.9K0.00%00.0%Unchanged
Metropolitan Life Insurance Co1,581$16.3K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,490$15.4K0.00%00.0%Unchanged
Clear Street Markets LLC1,500$15.0K0.01%+1,500New
Lindbrook Capital, LLC1,138$11.7K0.00%+967+565.5%Added
First Horizon Advisors, Inc.602$6.21K0.00%00.0%Unchanged
FMR LLC548$5.65K0.00%−1,049−65.7%Reduced
The PNC Financial Services Group, Inc.164$1.69K0.00%+164New
Wolff Wiese Magana LLC160$1.65K0.00%+160New
Fifth Third Bancorp115$1.19K0.00%00.0%Unchanged
Signaturefd, LLC89$9180.00%+78+709.1%Added
Venturi Wealth Management, LLC82$8460.00%00.0%Unchanged
Benjamin F. Edwards & Company, Inc.46$00.00%00.0%Unchanged
Divisadero Street Capital Management, LP0$00.00%−345,000−100.0%Sold out
Manatuck Hill Partners, LLC0$00.00%−141,473−100.0%Sold out
G2 Investment Partners Management LLC0$00.00%−115,253−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−74,036−100.0%Sold out
Premier Fund Managers Ltd0$00.00%−58,870−100.0%Sold out
Two Sigma Investments, LP0$00.00%−36,644−100.0%Sold out