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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 2026

Institutional positions in MediaAlpha, Inc. as of Jun 30, 2026. 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
153
−7 vs. Q1 2026
Shares held
48.7M
+250.1K (+0.5%) vs. Q1 2026
Total value
$610.7M
+$159.4M (+35.3%) vs. Q1 2026
New holders
21
47 more added
Sold out
28
66 more reduced

3 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 2026: 153 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 2026: $610.7M
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, Q2 2026

Shares, value and share of portfolio for each institution holding MediaAlpha, Inc.; share changes are against Q1 2026.

Institutions holding MAX in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
IFP Advisors, Inc2$250.00%−132−98.5%Reduced
SJS Investment Consulting Inc.13$1640.00%+4+44.4%Added
Massmutual Trust Co FSB25$3140.00%+25New
US Bancorp39$4900.00%−143−78.6%Reduced
Smartleaf Asset Management LLC44$5450.00%00.0%Unchanged
The PNC Financial Services Group, Inc.64$8040.00%−71−52.6%Reduced
Parallel Advisors, LLC68$8550.00%−308−81.9%Reduced
True Wealth Design, LLC80$1.01K0.00%+29+56.9%Added
Fortitude Family Office, LLC101$1.27K0.00%+101New
Sterling Capital Management LLC105$1.32K0.00%−112−51.6%Reduced
Optiver Holding B.V.126$1.58K0.00%−104−45.2%Reduced
Nisa Investment Advisors, LLC135$1.70K0.00%00.0%Unchanged
Marquette Asset Management, LLC139$1.75K0.00%−59−29.8%Reduced
Rothschild Investment LLC142$1.78K0.00%−95−40.1%Reduced
Buck Wealth Strategies, LLC153$1.92K0.00%+153New
Quarry LP165$2.07K0.00%+165New
Group One Trading, L.P.185$2.33K0.00%00.0%Unchanged
Picton Mahoney Asset Management192$2.41K0.00%+192New
Essential Partners LLC275$3.46K0.00%−6,182−95.7%Reduced
Raffa Wealth Management, LLC290$3.65K0.00%+290New
Huntington National Bank390$4.90K0.00%−7−1.8%Reduced
Federated Hermes, Inc.464$5.83K0.00%−8−1.7%Reduced
GAMMA Investing LLC496$6.24K0.00%+50+11.2%Added
Murphy & Mullick Capital Management Corp500$6.29K0.00%00.0%Unchanged
Farther Finance Advisors, LLC504$6.33K0.00%+256+103.2%Added
Allworth Financial LP605$7.61K0.00%−500−45.2%Reduced
Rockefeller Capital Management L.P.684$8.60K0.00%−2,443−78.1%Reduced
EverSource Wealth Advisors, LLC810$10.2K0.00%−451−35.8%Reduced
Versant Capital Management, Inc829$10.4K0.00%−170−17.0%Reduced
Advisor Group Holdings, Inc.1,037$13.0K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd1,219$15.3K0.00%+1,114+1,061.0%Added
Royal Bank of Canada1,728$22.0K0.00%−4,009−69.9%Reduced
Tower Research Capital LLC (TRC)2,886$36.3K0.00%−201−6.5%Reduced
Ameritas Investment Partners, Inc.3,026$38.0K0.00%00.0%Unchanged
New York State Teachers Retirement System3,128$39.0K0.00%+3,028+3,028.0%Added
Elkhorn Partners Limited Partnership4,500$56.6K0.05%−18,500−80.4%Reduced
Covestor Ltd4,777$60.0K0.03%+1,324+38.3%Added
KLP Kapitalforvaltning AS5,933$74.6K0.00%00.0%Unchanged
New York State Common Retirement Fund6,264$78.7K0.00%00.0%Unchanged
Vanguard Investments Australia, Ltd.7,013$88.2K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey9,690$121.8K0.00%00.0%Unchanged
Bank of Montreal10,494$131.9K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.10,534$132.4K0.00%+9,362+798.8%Added
Cresset Asset Management, LLC11,123$139.8K0.00%−272−2.4%Reduced
Prudential Financial Inc11,145$140.1K0.00%+11,145New
Fox Run Management, L.L.C.11,327$142.4K0.02%−25,628−69.3%Reduced
Mackenzie Financial Corp12,137$152.6K0.00%−2,156−15.1%Reduced
Glenmede Trust Co NA12,218$153.6K0.00%−932−7.1%Reduced
Vanguard Global Advisers, LLC12,254$154.0K0.00%−25,434−67.5%Reduced
LPL Financial LLC13,300$167.2K0.00%+13,300New
Cerity Partners LLC13,617$171.2K0.00%−1,416−9.4%Reduced
Jupiter Topco LLC13,862$174.2K0.00%+13,862New
Mirae Asset Global ETFs Holdings Ltd.14,208$178.6K0.00%−1,924−11.9%Reduced
EP Wealth Advisors, LLC15,273$192.0K0.00%+15,273New
Ieq Capital, LLC15,367$193.2K0.00%−17,554−53.3%Reduced
Wealth Enhancement Advisory Services, LLC14,811$198.0K0.00%−6,105−29.2%Reduced
Nomura Holdings Inc16,058$201.8K0.00%+16,058New
Creative Planning16,220$203.9K0.00%−3,726−18.7%Reduced
Mercer Global Advisors Inc16,595$208.6K0.00%+440+2.7%Added
Graham Capital Management, L.P.17,179$215.9K0.01%+2,636+18.1%Added
Vanguard Asset Management, Ltd17,425$219.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)18,642$234.3K0.00%00.0%Unchanged
Jupiter Asset Management Ltd21,172$266.1K0.00%00.0%Unchanged
MetLife Investment Management21,402$269.0K0.00%00.0%Unchanged
Quantbot Technologies LP21,568$271.1K0.01%−7,551−25.9%Reduced
Susquehanna International Group, LLP23,247$292.2K0.00%−166,489−87.7%Reduced
CI Private Wealth, LLC23,451$294.8K0.00%+7,892+50.7%Added
Citigroup Inc24,003$301.7K0.00%+14,025+140.6%Added
California State Teachers Retirement System24,141$303.5K0.00%−1,111−4.4%Reduced
Abel Hall, LLC24,473$307.6K0.05%−951−3.7%Reduced
Axq Capital, LP25,117$315.7K0.03%+25,117New
Allstate Corp25,287$317.9K0.00%+25,287New
Tudor Investment Corp Et Al25,748$323.7K0.00%+25,748New
State of Alaska, Department of Revenue25,862$324.0K0.00%+24,000+1,288.9%Added
Invesco Ltd.26,039$327.3K0.00%+2,412+10.2%Added
FMR LLC26,386$331.7K0.00%−788−2.9%Reduced
Dynamic Technology Lab Private Ltd26,868$338.0K0.08%−16,727−38.4%Reduced
Brevan Howard Capital Management LP27,117$340.9K0.00%+27,117New
Legal & General Group Plc27,533$346.1K0.00%00.0%Unchanged
Wells Fargo & Company28,163$354.0K0.00%+15,838+128.5%Added
Barclays PLC30,349$381.5K0.00%−15,015−33.1%Reduced
UBS Group AG33,602$422.4K0.00%−120,281−78.2%Reduced
Lighthouse Investment Partners, LLC34,001$427.4K0.01%+34,001New
Deutsche Bank AG34,254$430.6K0.00%−834−2.4%Reduced
Millennium Management LLC37,065$465.9K0.00%−9,976−21.2%Reduced
Price T Rowe Associates Inc37,076$467.0K0.00%00.0%Unchanged
Caption Management, LLC37,515$471.6K0.02%−111,533−74.8%Reduced
Mariner, LLC41,127$517.0K0.00%−17,362−29.7%Reduced
SEI Investments Co44,637$561.1K0.00%+8,899+24.9%Added
Allspring Global Investments Holdings, LLC44,831$563.5K0.00%−3,054−6.4%Reduced
Hillsdale Investment Management Inc.45,900$577.0K0.01%+45,900New
Rhumbline Advisers45,932$577.4K0.00%−1,952−4.1%Reduced
Campbell & CO Investment Adviser LLC46,617$586.0K0.03%+30,532+189.8%Added
Globeflex Capital L P55,850$702.0K0.09%−24,383−30.4%Reduced
Blair William & Co56,046$704.5K0.00%+71+0.1%Added
Swiss National Bank60,800$764.3K0.00%+2,100+3.6%Added
Winmill & Co. Inc65,102$818.3K0.18%+65,102New
Allianz Asset Management GmbH70,176$882.1K0.00%00.0%Unchanged
State of Wisconsin Investment Board70,309$883.8K0.00%−35,851−33.8%Reduced
Amundi70,311$883.8K0.00%−7,793−10.0%Reduced