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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 2024

Institutional positions in MediaAlpha, Inc. as of Jun 30, 2024. 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
149
+29 vs. Q1 2024
Shares held
50.2M
+5.99M (+13.6%) vs. Q1 2024
Total value
$660.8M
−$239.2M (−26.6%) vs. Q1 2024
New holders
48
64 more added
Sold out
19
28 more reduced

2 institutions that held it in Q1 2024 haven't filed for Q2 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2024: 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 2024: 149 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 2024: $660.8M
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 2024

Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q1 2024.

Institutions holding MAX in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Mariner, LLC103,900$1.37M0.00%+28,113+37.1%Added
Jump Financial, LLC109,853$1.45M0.03%+96,834+743.8%Added
Tudor Investment Corp Et Al110,339$1.45M0.02%+75,371+215.5%Added
TownSquare Capital, LLC114,668$1.51M0.02%−5,485−4.6%Reduced
Federated Hermes, Inc.121,566$1.60M0.00%+27,306+29.0%Added
Nantahala Capital Management, LLC123,564$1.63M0.16%−25,807−17.3%Reduced
Envestnet Asset Management Inc138,872$1.83M0.00%−3,329−2.3%Reduced
Verition Fund Management LLC140,931$1.86M0.01%+140,931New
SEI Investments Co179,202$2.36M0.00%+56,057+45.5%Added
Acadian Asset Management LLC191,433$2.52M0.01%+136,422+248.0%Added
HBK Investments L P200,000$2.63M0.06%−21,124−9.6%Reduced
Charles Schwab Investment Management Inc202,268$2.66M0.00%+29,090+16.8%Added
Hillsdale Investment Management Inc.205,900$2.71M0.21%+6,500+3.3%Added
Northern Trust Corp207,442$2.73M0.00%+9,219+4.7%Added
Goldman Sachs Group Inc226,996$2.99M0.00%+175,076+337.2%Added
Earnest Partners LLC240,538$3.17M0.01%−3,731−1.5%Reduced
Cubist Systematic Strategies, LLC245,657$3.24M0.06%+245,657New
Two Sigma Investments, LP275,834$3.63M0.01%+197,204+250.8%Added
Lighthouse Investment Partners, LLC303,893$4.00M0.22%+303,893New
Emerald Mutual Fund Advisers Trust311,796$4.11M0.22%+103,427+49.6%Added
CenterBook Partners LP315,092$4.15M0.26%+226,918+257.4%Added
Deutsche Bank AG340,567$4.49M0.00%+327,371+2,480.8%Added
Wells Fargo & Company345,878$4.56M0.00%−3,388−1.0%Reduced
Marshall Wace, LLP357,027$4.70M0.01%+357,027New
Silvercrest Asset Management Group LLC371,042$4.89M0.03%−4,467−1.2%Reduced
Shay Capital LLC390,000$5.14M1.43%+295,000+310.5%Added
D. E. Shaw & Co., Inc.444,674$5.86M0.01%+264,348+146.6%Added
Jacobs Asset Management, LLC450,000$5.93M3.77%+225,000+100.0%Added
Arrowstreet Capital, Limited Partnership465,753$6.13M0.01%+319,878+219.3%Added
Renaissance Technologies LLC470,000$6.19M0.01%+75,400+19.1%Added
Millennium Management LLC477,019$6.28M0.01%−132,763−21.8%Reduced
Ghisallo Capital Management LLC487,500$6.42M0.55%+410,764+535.3%Added
Citadel Advisors LLC490,431$6.46M0.01%+154,185+45.9%Added
State Street Corp511,946$6.74M0.00%+61,426+13.6%Added
Voloridge Investment Management, LLC533,703$7.03M0.03%+533,703New
Geode Capital Management, LLC535,937$7.06M0.00%+64,946+13.8%Added
Qube Research & Technologies Ltd569,194$7.50M0.01%+552,576+3,325.2%Added
Clearline Capital LP576,728$7.60M0.66%+534,176+1,255.3%Added
Emerald Advisers, LLC598,517$7.88M0.33%+597,355+51,407.5%Added
Divisadero Street Capital Management, LP604,106$7.96M1.30%+604,106New
Philadelphia Financial Management of San Francisco, LLC728,730$9.60M2.23%+728,730New
Morgan Stanley749,823$9.88M0.00%+499,963+200.1%Added
TimesSquare Capital Management, LLC1,072,560$14.1M0.22%−16,333−1.5%Reduced
Driehaus Capital Management LLC1,436,615$18.9M0.18%+970,840+208.4%Added
Broad Bay Capital Management, LP2,383,209$31.4M4.29%+323,209+15.7%Added
BlackRock Inc.2,482,109$32.7M0.00%+742,148+42.7%Added
Vanguard Group Inc3,081,264$40.6M0.00%+962,075+45.4%Added
Kayne Anderson Rudnick Investment Management LLC4,679,669$61.6M0.15%−411,094−8.1%Reduced
White Mountains Insurance Group Ltd17,856,614$235.2M53.00%−5,000,200−21.9%Reduced
Invesco Ltd.0$00.00%−201,685−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−157,003−100.0%Sold out
Nomura Holdings Inc0$00.00%−107,784−100.0%Sold out
Ararat Capital Management, LP0$00.00%−105,373−100.0%Sold out
Capula Management Ltd0$00.00%−48,161−100.0%Sold out
Hartline Investment Corp0$00.00%−22,740−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−18,316−100.0%Sold out
Mackenzie Financial Corp0$00.00%−14,640−100.0%Sold out
Baker Tilly Wealth Management, LLC0$00.00%−13,354−100.0%Sold out
American International Group, Inc.0$00.00%−11,324−100.0%Sold out
Dimensional Fund Advisors LP0$00.00%−10,278−100.0%Sold out
Alliance Wealth Advisors, LLC0$00.00%−10,103−100.0%Sold out
SYSTM Wealth Solutions LLC0$00.00%−8,736−100.0%Sold out
Mirae Asset Global Investments Co., Ltd.0$00.00%−10,547−100.0%Sold out
Allspring Global Investments Holdings, LLC0$00.00%−4,170−100.0%Sold out
Metropolitan Life Insurance Co0$00.00%−1,355−100.0%Sold out
nVerses Capital, LLC0$00.00%−300−100.0%Sold out
Northwest & Ethical Investments L.P.0$00.00%−7−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−5−100.0%Sold out
Triad Investment Management––––Not filed
Credit Suisse AG––––Not filed