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 2025
Institutional positions in MediaAlpha, Inc. as of Jun 30, 2025. 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
- 152
- +8 vs. Q1 2025
- Shares held
- 48.3M
- +1.05M (+2.2%) vs. Q1 2025
- Total value
- $528.5M
- +$92.2M (+21.1%) vs. Q1 2025
- New holders
- 30
- 66 more added
- Sold out
- 22
- 44 more reduced
Compare with Q1 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 153 | $610.7M |
| Q1 2026 | 163 | $452.0M |
| Q4 2025 | 172 | $618.6M |
| Q3 2025 | 157 | $544.3M |
| Q2 2025 | 152 | $528.5M |
| Q1 2025 | 144 | $436.3M |
| Q4 2024 | 162 | $542.2M |
| Q3 2024 | 151 | $885.5M |
| Q2 2024 | 149 | $660.8M |
| Q1 2024 | 122 | $905.9M |
| Q4 2023 | 91 | $470.3M |
| Q3 2023 | 89 | $341.7M |
| Q2 2023 | 94 | $463.6M |
| Q1 2023 | 98 | $602.5M |
| Q4 2022 | 101 | $398.7M |
| Q3 2022 | 88 | $358.0M |
| Q2 2022 | 89 | $393.0M |
| Q1 2022 | 96 | $677.3M |
| Q4 2021 | 93 | $616.6M |
| Q3 2021 | 89 | $708.5M |
| Q2 2021 | 98 | $1.59B |
| Q1 2021 | 96 | $1.29B |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Engineers Gate Manager LP | 69,184 | $757.6K | 0.01% | +4,100+6.3% | Added |
| Allianz Asset Management GmbH | 70,276 | $769.5K | 0.00% | −91,496−56.6% | Reduced |
| Janney Montgomery Scott LLC | 81,723 | $895.0K | 0.00% | +81,723 | New |
| State of Wisconsin Investment Board | 84,739 | $927.9K | 0.00% | +84,739 | New |
| Divisadero Street Capital Management, LP | 86,907 | $951.6K | 0.06% | +86,907 | New |
| BNP Paribas Arbitrage, SA | 87,048 | $953.2K | 0.00% | +47,901+122.4% | Added |
| Susquehanna International Group, LLP | 92,067 | $1.01M | 0.00% | −75,965−45.2% | Reduced |
| Bank of New York Mellon Corp | 95,072 | $1.04M | 0.00% | +5,418+6.0% | Added |
| Barclays PLC | 113,648 | $1.24M | 0.00% | +50,500+80.0% | Added |
| Citadel Advisors LLC | 115,626 | $1.27M | 0.00% | −314,613−73.1% | Reduced |
| SEI Investments Co | 116,027 | $1.27M | 0.00% | +12,122+11.7% | Added |
| Los Angeles Capital Management LLC | 119,528 | $1.31M | 0.00% | −28,993−19.5% | Reduced |
| Trexquant Investment LP | 120,775 | $1.32M | 0.01% | +9,552+8.6% | Added |
| UBS Asset Management Americas Inc | 124,070 | $1.36M | 0.00% | +33,205+36.5% | Added |
| Canada Pension Plan Investment Board | 125,400 | $1.37M | 0.00% | +125,400 | New |
| Teacher Retirement System of Texas | 149,933 | $1.64M | 0.01% | +129,986+651.7% | Added |
| Y-Intercept (Hong Kong) Ltd | 162,747 | $1.78M | 0.04% | +136,459+519.1% | Added |
| Jackson Creek Investment Advisors LLC | 164,060 | $1.80M | 0.48% | +164,060 | New |
| PDT Partners, LLC | 165,540 | $1.81M | 0.10% | +35,823+27.6% | Added |
| Marshall Wace, LLP | 165,627 | $1.81M | 0.00% | −292,882−63.9% | Reduced |
| J. Goldman & Co LP | 175,000 | $1.92M | 0.06% | −393,052−69.2% | Reduced |
| Millennium Management LLC | 183,063 | $2.00M | 0.00% | −431,479−70.2% | Reduced |
| Bank of America Corp | 225,789 | $2.47M | 0.00% | +11,519+5.4% | Added |
| Algert Global LLC | 228,778 | $2.51M | 0.05% | +3,478+1.5% | Added |
| Earnest Partners LLC | 269,607 | $2.95M | 0.01% | −2,826−1.0% | Reduced |
| Northern Trust Corp | 277,927 | $3.04M | 0.00% | −7,633−2.7% | Reduced |
| Charles Schwab Investment Management Inc | 311,591 | $3.41M | 0.00% | −9,248−2.9% | Reduced |
| Pacer Advisors, Inc. | 333,958 | $3.66M | 0.01% | +333,958 | New |
| Hillsdale Investment Management Inc. | 359,200 | $3.93M | 0.15% | +144,600+67.4% | Added |
| Lazard Asset Management LLC | 389,806 | $4.27M | 0.01% | +389,806 | New |
| Jacobs Levy Equity Management, Inc | 469,561 | $5.14M | 0.02% | +330,963+238.8% | Added |
| Arrowstreet Capital, Limited Partnership | 484,342 | $5.30M | 0.00% | +188,288+63.6% | Added |
| Qube Research & Technologies Ltd | 526,349 | $5.76M | 0.01% | +56,724+12.1% | Added |
| UBS Group AG | 528,380 | $5.79M | 0.00% | +23,530+4.7% | Added |
| Acadian Asset Management LLC | 532,437 | $5.82M | 0.01% | +211,135+65.7% | Added |
| JPMorgan Chase & Co | 542,246 | $5.94M | 0.00% | +233,948+75.9% | Added |
| AQR Capital Management LLC | 601,593 | $6.59M | 0.01% | +43,797+7.9% | Added |
| Janus Henderson Group PLC | 632,888 | $6.93M | 0.00% | +619,026+4,465.6% | Added |
| State Street Corp | 652,838 | $7.15M | 0.00% | +29,051+4.7% | Added |
| Shay Capital LLC | 670,000 | $7.34M | 1.67% | +98,159+17.2% | Added |
| Morgan Stanley | 755,926 | $8.28M | 0.00% | +18,005+2.4% | Added |
| Geode Capital Management, LLC | 764,702 | $8.37M | 0.00% | +36,949+5.1% | Added |
| Renaissance Technologies LLC | 772,300 | $8.46M | 0.01% | +206,800+36.6% | Added |
| Jacobs Asset Management, LLC | 798,666 | $8.75M | 4.98% | +390,254+95.6% | Added |
| D. E. Shaw & Co., Inc. | 895,348 | $9.80M | 0.01% | +224,657+33.5% | Added |
| Nuveen, LLC | 900,790 | $9.86M | 0.00% | +394,883+78.1% | Added |
| Clearline Capital LP | 1,425,308 | $15.6M | 1.37% | −1,229,613−46.3% | Reduced |
| Goldman Sachs Group Inc | 2,007,186 | $22.0M | 0.00% | +1,270,655+172.5% | Added |
| Broad Bay Capital Management, LP | 2,498,507 | $27.4M | 3.85% | −249,271−9.1% | Reduced |
| Vanguard Group Inc | 2,859,199 | $31.3M | 0.00% | −54,129−1.9% | Reduced |
| BlackRock, Inc. | 4,003,419 | $43.8M | 0.00% | +305,693+8.3% | Added |
| White Mountains Insurance Group Ltd | 17,856,614 | $195.5M | 100.00% | 00.0% | Unchanged |
| TimesSquare Capital Management, LLC | 0 | $0 | 0.00% | −1,372,174−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −155,098−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −139,852−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −120,424−100.0% | Sold out |
| Integrated Quantitative Investments LLC | 0 | $0 | 0.00% | −27,169−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −26,600−100.0% | Sold out |
| Jain Global LLC | 0 | $0 | 0.00% | −23,603−100.0% | Sold out |
| Sherbrooke Park Advisers LLC | 0 | $0 | 0.00% | −17,054−100.0% | Sold out |
| EntryPoint Capital, LLC | 0 | $0 | 0.00% | −14,879−100.0% | Sold out |
| Corebridge Financial, Inc. | 0 | $0 | 0.00% | −14,859−100.0% | Sold out |
| LPL Financial LLC | 0 | $0 | 0.00% | −14,482−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −14,211−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −11,440−100.0% | Sold out |
| Deerfield Management Company, L.P. (Series C) | 0 | $0 | 0.00% | −10,795−100.0% | Sold out |
| Arizona State Retirement System | 0 | $0 | 0.00% | −10,271−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −2,187−100.0% | Sold out |
| Jones Financial Companies LLLP | 0 | $0 | 0.00% | −700−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −306−100.0% | Sold out |
| Farther Finance Advisors, LLC | 0 | $0 | 0.00% | −232−100.0% | Sold out |
| Quadrant Capital Group LLC | 0 | $0 | 0.00% | −169−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −107−100.0% | Sold out |
| SBI Securities Co., Ltd. | 0 | $0 | 0.00% | −66−100.0% | Sold out |