MediaAlpha, Inc.

MAX

Exchange: NYSE
Industry: Services-Business Services, NEC
SEC CIK: 0001818383

SEC filings (opens in a new tab)

In the last 90 days, MediaAlpha, Inc. insiders filed 0 open-market purchases and 24 sales; 153 institutions reported holding it in 13F filings for Q2 2026, worth $610.7M in total; no superinvestor holds it.

Q2 2025 vs. Q1 2025

How the institutions holding MediaAlpha, Inc. changed between Q1 2025 and Q2 2025.

All holders in Q2 2025 All holders in Q1 2025

13F holders of MAX: Q1 2025 compared with Q2 2025
Measure	Q1 2025	Q2 2025	Change
Holders	144	152	+8
Shares	47.2M	48.3M	+1.05M (+2.2%)
Value	$436.3M	$528.5M	+$92.2M (+21.1%)

New holders (30)

Institutions that held MediaAlpha, Inc. at the end of Q2 2025 but not at the end of Q1 2025.

Institutions new to MAX in Q2 2025
Institution	Shares	Value	% of portfolio
Lazard Asset Management LLC	389,806	$4.27M	0.01%
Pacer Advisors, Inc.	333,958	$3.66M	0.01%
Jackson Creek Investment Advisors LLC	164,060	$1.80M	0.48%
Canada Pension Plan Investment Board	125,400	$1.37M	0.00%
Divisadero Street Capital Management, LP	86,907	$951.6K	0.06%
State of Wisconsin Investment Board	84,739	$927.9K	0.00%
Janney Montgomery Scott LLC	81,723	$895.0K	0.00%
Dimensional Fund Advisors LP	64,108	$701.7K	0.00%
Amundi	57,537	$598.4K	0.00%
Nomura Holdings Inc	39,015	$427.2K	0.00%
Gotham Asset Management, LLC	38,504	$421.6K	0.00%
Ameriprise Financial Inc	28,470	$311.7K	0.00%
Centiva Capital, LP	24,529	$268.6K	0.02%
Man Group plc	21,145	$231.5K	0.00%
Brevan Howard Capital Management LP	18,468	$202.2K	0.00%
Voleon Capital Management LP	18,048	$197.6K	0.01%
Creative Planning	15,331	$167.9K	0.00%
Wealth Enhancement Advisory Services, LLC	14,757	$154.9K	0.00%
XTX Topco Ltd	13,985	$153.1K	0.01%
Invesco Ltd.	10,701	$117.2K	0.00%
Pallas Capital Advisors LLC	10,175	$111.4K	0.00%
Semanteon Capital Management, LP	10,025	$109.8K	0.17%
Raymond James Financial Inc	5,679	$62.2K	0.00%
Essential Partners LLC	5,350	$58.6K	0.02%
BNP PARIBAS ASSET MANAGEMENT Holding S.A.	486	$5.00K	0.00%
Nisa Investment Advisors, LLC	193	$2.11K	0.00%
Clearstead Advisors, LLC	168	$1.84K	0.00%
Signaturefd, LLC	39	$427	0.00%
Versant Capital Management, Inc	32	$350	0.00%
Capital Advisors, Ltd. LLC	12	$0	0.00%

Sold out (22)

Institutions that held MediaAlpha, Inc. at the end of Q1 2025 and filed for Q2 2025 without it.

Institutions that sold out of MAX in Q2 2025
Institution	Shares, Q1 2025	Value, Q1 2025
TimesSquare Capital Management, LLC	1,372,174	$12.7M
HRT Financial LP	155,098	$1.43M
ExodusPoint Capital Management, LP	139,852	$1.29M
Jane Street Group, LLC	120,424	$1.11M
Integrated Quantitative Investments LLC	27,169	$251.0K
Schonfeld Strategic Advisors LLC	26,600	$245.8K
Jain Global LLC	23,603	$218.1K
Sherbrooke Park Advisers LLC	17,054	$157.6K
EntryPoint Capital, LLC	14,879	$137.5K
Corebridge Financial, Inc.	14,859	$137.3K
LPL Financial LLC	14,482	$133.8K
Dark Forest Capital Management LP	14,211	$131.3K
Bridgefront Capital, LLC	11,440	$105.7K
Deerfield Management Company, L.P. (Series C)	10,795	$99.7K
Arizona State Retirement System	10,271	$94.9K
Group One Trading, L.P.	2,187	$20.2K
Jones Financial Companies LLLP	700	$6.54K
Aster Capital Management (DIFC) Ltd	306	$2.84K
Farther Finance Advisors, LLC	232	$2.09K
Quadrant Capital Group LLC	169	$1.56K
Coldstream Capital Management Inc	107	$989
SBI Securities Co., Ltd.	66	$610