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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 2023

Institutional positions in MediaAlpha, Inc. as of Sep 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
89
−5 vs. Q2 2023
Shares held
41.4M
−3.61M (−8.0%) vs. Q2 2023
Total value
$341.7M
−$121.9M (−26.3%) vs. Q2 2023
New holders
9
15 more added
Sold out
14
56 more reduced

Compare with Q2 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 holdersQ3 2023: 89 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 2023: $341.7M
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, Q3 2023

Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q2 2023.

Institutions holding MAX in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
White Mountains Insurance Group Ltd22,856,814$188.8M42.82%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC5,746,609$47.5M0.14%−257,626−4.3%Reduced
Broad Bay Capital Management, LP2,318,964$19.2M2.88%−351,556−13.2%Reduced
Vanguard Group Inc1,807,980$14.9M0.00%−197,381−9.8%Reduced
BlackRock Inc.1,570,400$13.0M0.00%−193,568−11.0%Reduced
Ararat Capital Management, LP968,857$8.00M2.72%+207,154+27.2%Added
Jacobs Asset Management, LLC422,212$3.49M2.72%−45,058−9.6%Reduced
Geode Capital Management, LLC421,267$3.48M0.00%−49,828−10.6%Reduced
Silvercrest Asset Management Group LLC418,494$3.46M0.03%+10,623+2.6%Added
Clearline Capital LP411,969$3.40M0.34%+305,870+288.3%Added
Norges Bank395,030$3.26M0.00%−1,204,970−75.3%Reduced
Wells Fargo & Company356,110$2.94M0.00%−12,740−3.5%Reduced
State Street Corp287,388$2.37M0.00%−172,776−37.5%Reduced
Earnest Partners LLC246,978$2.04M0.01%−149,172−37.7%Reduced
Nantahala Capital Management, LLC234,372$1.94M0.25%−908,613−79.5%Reduced
Northern Trust Corp202,354$1.67M0.00%−30,418−13.1%Reduced
Triad Investment Management171,343$1.42M2.07%+138,937+428.7%Added
HST Ventures, LLC167,128$1.38M0.49%−62,113−27.1%Reduced
Charles Schwab Investment Management Inc166,488$1.38M0.00%−18,114−9.8%Reduced
Renaissance Technologies LLC165,200$1.36M0.00%+50,700+44.3%Added
Nuveen Asset Management, LLC153,819$1.27M0.00%−30,944−16.7%Reduced
SEI Investments Co123,233$1.02M0.00%−78−0.1%Reduced
Daiwa Securities Group Inc.119,286$985.0K0.01%−13,500−10.2%Reduced
Cannell Peter B & Co Inc117,705$972.2K0.03%−199,075−62.8%Reduced
TownSquare Capital, LLC116,435$961.8K0.02%−4,141−3.4%Reduced
Bank of America Corp109,964$908.3K0.00%+49,138+80.8%Added
Mariner, LLC76,060$628.3K0.00%+62,210+449.2%Added
D. E. Shaw & Co., Inc.71,187$588.0K0.00%+71,187New
Bank of New York Mellon Corp70,635$583.4K0.00%−10,384−12.8%Reduced
Stifel Financial Corp68,130$562.8K0.00%−847−1.2%Reduced
Marshall Wace, LLP67,364$556.4K0.00%−55,640−45.2%Reduced
Arrowstreet Capital, Limited Partnership59,615$492.0K0.00%−85,902−59.0%Reduced
Azzad Asset Management Inc56,443$466.2K0.07%−8,670−13.3%Reduced
Goldman Sachs Group Inc49,253$406.8K0.00%+26,954+120.9%Added
Fifth Lane Capital, LP38,796$400.0K0.40%00.0%Unchanged
Morgan Stanley46,684$385.6K0.00%−57,441−55.2%Reduced
Swiss National Bank45,400$375.0K0.00%+2,000+4.6%Added
Credit Suisse AG43,330$357.9K0.00%+7,644+21.4%Added
Neuberger Berman Group LLC41,487$342.7K0.00%+110.0%Added
Rhumbline Advisers35,672$294.6K0.00%−3,198−8.2%Reduced
US Bancorp29,449$243.2K0.00%+5,796+24.5%Added
M&T Bank Corp26,274$217.3K0.00%−39−0.1%Reduced
Shay Capital LLC25,000$206.5K0.06%−14,050−36.0%Reduced
Alliancebernstein L.P.24,690$203.9K0.00%−2,200−8.2%Reduced
California State Teachers Retirement System23,039$190.3K0.00%−20,416−47.0%Reduced
HSBC Holdings PLC20,392$172.3K0.00%+20,392New
Legal & General Group Plc20,078$165.8K0.00%−637−3.1%Reduced
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors19,635$162.2K0.04%+19,635New
Portside Wealth Group, LLC17,188$144.0K0.03%−435−2.5%Reduced
Lloyd Advisory Services, LLC.16,471$136.1K0.05%+16,471New
Norden Group LLC16,471$136.1K0.05%+16,471New
Allspring Global Investments Holdings, LLC16,404$135.5K0.00%+12,355+305.1%Added
Barclays PLC15,633$129.1K0.00%−13,827−46.9%Reduced
Mackenzie Financial Corp16,192$128.7K0.00%00.0%Unchanged
Elkhorn Partners Limited Partnership15,500$128.0K0.08%−2,500−13.9%Reduced
JPMorgan Chase & Co14,818$122.4K0.00%−5,646−27.6%Reduced
Jacobs Levy Equity Management, Inc12,473$103.0K0.00%−38,047−75.3%Reduced
Price T Rowe Associates Inc12,371$103.0K0.00%−2,795−18.4%Reduced
Citadel Advisors LLC12,236$101.1K0.00%−112,946−90.2%Reduced
Deutsche Bank AG12,218$100.9K0.00%−3,607−22.8%Reduced
Baker Tilly Wealth Management, LLC12,115$100.1K0.02%−2,864−19.1%Reduced
Los Angeles Capital Management LLC10,865$89.7K0.00%−37,495−77.5%Reduced
American International Group, Inc.10,807$89.3K0.00%−1,607−12.9%Reduced
Manufacturers Life Insurance Company, The10,611$87.6K0.00%−604−5.4%Reduced
Mirae Asset Global Investments Co., Ltd.10,547$87.1K0.00%00.0%Unchanged
Dimensional Fund Advisors LP10,278$84.9K0.00%−31,353−75.3%Reduced
Alliance Wealth Advisors, LLC10,198$84.2K0.03%+10,198New
Voya Investment Management LLC10,166$84.0K0.00%−1,003−9.0%Reduced
MetLife Investment Management10,072$83.2K0.00%−2,179−17.8%Reduced
New York State Common Retirement Fund9,858$81.4K0.00%−24−0.2%Reduced
Royal Bank of Canada7,048$59.0K0.00%+3,745+113.4%Added
Picton Mahoney Asset Management6,580$54.0K0.00%−100−1.5%Reduced
Simplex Trading, LLC5,410$44.0K0.00%−5,598−50.9%Reduced
State of Wyoming3,649$30.1K0.01%−1,346−26.9%Reduced
Amalgamated Bank3,496$29.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.3,196$26.4K0.00%+691+27.6%Added
UBS Group AG3,136$25.9K0.00%−14,904−82.6%Reduced
Tower Research Capital LLC (TRC)2,099$17.3K0.00%−6,156−74.6%Reduced
Ameritas Investment Partners, Inc.1,490$12.3K0.00%00.0%Unchanged
Metropolitan Life Insurance Co1,355$11.2K0.00%−226−14.3%Reduced
First Horizon Advisors, Inc.602$4.97K0.00%00.0%Unchanged
FMR LLC228$1.88K0.00%−320−58.4%Reduced
Quadrant Capital Group LLC169$1.40K0.00%+169New
Wolff Wiese Magana LLC160$1.32K0.00%00.0%Unchanged
Fifth Third Bancorp115$9500.00%00.0%Unchanged
Citigroup Inc49$4040.00%−9,101−99.5%Reduced
Gradient Investments LLC45$3720.00%+45New
The PNC Financial Services Group, Inc.40$3300.00%−124−75.6%Reduced
Versant Capital Management, Inc34$2810.00%+34New
Point72 Asset Management, L.P.0$00.00%−65,285−100.0%Sold out
Atom Investors LP0$00.00%−29,142−100.0%Sold out
Jane Street Group, LLC0$00.00%−28,445−100.0%Sold out
Millennium Management LLC0$00.00%−23,893−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−20,263−100.0%Sold out
Vestmark Advisory Solutions, Inc.0$00.00%−11,172−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−10,028−100.0%Sold out
Quarry LP0$00.00%−1,722−100.0%Sold out
Spire Wealth Management0$00.00%−1,644−100.0%Sold out
Clear Street Markets LLC0$00.00%−1,500−100.0%Sold out
Lindbrook Capital, LLC0$00.00%−1,138−100.0%Sold out