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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
Mirae Asset Global ETFs Holdings Ltd.14,208$178.6K0.00%−1,924−11.9%Reduced
Jupiter Topco LLC13,862$174.2K0.00%+13,862New
Cerity Partners LLC13,617$171.2K0.00%−1,416−9.4%Reduced
LPL Financial LLC13,300$167.2K0.00%+13,300New
Vanguard Global Advisers, LLC12,254$154.0K0.00%−25,434−67.5%Reduced
Glenmede Trust Co NA12,218$153.6K0.00%−932−7.1%Reduced
Mackenzie Financial Corp12,137$152.6K0.00%−2,156−15.1%Reduced
Fox Run Management, L.L.C.11,327$142.4K0.02%−25,628−69.3%Reduced
Prudential Financial Inc11,145$140.1K0.00%+11,145New
Cresset Asset Management, LLC11,123$139.8K0.00%−272−2.4%Reduced
SRS Capital Advisors, Inc.10,534$132.4K0.00%+9,362+798.8%Added
Bank of Montreal10,494$131.9K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey9,690$121.8K0.00%00.0%Unchanged
Vanguard Investments Australia, Ltd.7,013$88.2K0.00%00.0%Unchanged
New York State Common Retirement Fund6,264$78.7K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS5,933$74.6K0.00%00.0%Unchanged
Covestor Ltd4,777$60.0K0.03%+1,324+38.3%Added
Elkhorn Partners Limited Partnership4,500$56.6K0.05%−18,500−80.4%Reduced
New York State Teachers Retirement System3,128$39.0K0.00%+3,028+3,028.0%Added
Ameritas Investment Partners, Inc.3,026$38.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)2,886$36.3K0.00%−201−6.5%Reduced
Royal Bank of Canada1,728$22.0K0.00%−4,009−69.9%Reduced
Caitong International Asset Management Co., Ltd1,219$15.3K0.00%+1,114+1,061.0%Added
Advisor Group Holdings, Inc.1,037$13.0K0.00%00.0%Unchanged
Versant Capital Management, Inc829$10.4K0.00%−170−17.0%Reduced
EverSource Wealth Advisors, LLC810$10.2K0.00%−451−35.8%Reduced
Rockefeller Capital Management L.P.684$8.60K0.00%−2,443−78.1%Reduced
Allworth Financial LP605$7.61K0.00%−500−45.2%Reduced
Farther Finance Advisors, LLC504$6.33K0.00%+256+103.2%Added
Murphy & Mullick Capital Management Corp500$6.29K0.00%00.0%Unchanged
GAMMA Investing LLC496$6.24K0.00%+50+11.2%Added
Federated Hermes, Inc.464$5.83K0.00%−8−1.7%Reduced
Huntington National Bank390$4.90K0.00%−7−1.8%Reduced
Raffa Wealth Management, LLC290$3.65K0.00%+290New
Essential Partners LLC275$3.46K0.00%−6,182−95.7%Reduced
Picton Mahoney Asset Management192$2.41K0.00%+192New
Group One Trading, L.P.185$2.33K0.00%00.0%Unchanged
Quarry LP165$2.07K0.00%+165New
Buck Wealth Strategies, LLC153$1.92K0.00%+153New
Rothschild Investment LLC142$1.78K0.00%−95−40.1%Reduced
Marquette Asset Management, LLC139$1.75K0.00%−59−29.8%Reduced
Nisa Investment Advisors, LLC135$1.70K0.00%00.0%Unchanged
Optiver Holding B.V.126$1.58K0.00%−104−45.2%Reduced
Sterling Capital Management LLC105$1.32K0.00%−112−51.6%Reduced
Fortitude Family Office, LLC101$1.27K0.00%+101New
True Wealth Design, LLC80$1.01K0.00%+29+56.9%Added
Parallel Advisors, LLC68$8550.00%−308−81.9%Reduced
The PNC Financial Services Group, Inc.64$8040.00%−71−52.6%Reduced
Smartleaf Asset Management LLC44$5450.00%00.0%Unchanged
US Bancorp39$4900.00%−143−78.6%Reduced
Massmutual Trust Co FSB25$3140.00%+25New
SJS Investment Consulting Inc.13$1640.00%+4+44.4%Added
IFP Advisors, Inc2$250.00%−132−98.5%Reduced
Philadelphia Financial Management of San Francisco, LLC0$00.00%−480,000−100.0%Sold out
Pacer Advisors, Inc.0$00.00%−258,250−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−158,170−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−109,268−100.0%Sold out
State of Wyoming0$00.00%−43,001−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−26,170−100.0%Sold out
Spears Abacus Advisors LLC0$00.00%−25,400−100.0%Sold out
Los Angeles Capital Management LLC0$00.00%−23,740−100.0%Sold out
State of Tennessee, Treasury Department0$00.00%−20,728−100.0%Sold out
SG Americas Securities, LLC0$00.00%−19,473−100.0%Sold out
Cornerstone Investment Partners, LLC0$00.00%−19,008−100.0%Sold out
Ameriprise Financial Inc0$00.00%−17,807−100.0%Sold out
Eventide Asset Management, LLC0$00.00%−17,509−100.0%Sold out
nVerses Capital, LLC0$00.00%−15,790−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−13,917−100.0%Sold out
Mach-1 Financial Group, Inc.0$00.00%−11,957−100.0%Sold out
Virginia Retirement Systems Et Al0$00.00%−11,200−100.0%Sold out
Aaron Wealth Advisors0$00.00%−10,242−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−10,000−100.0%Sold out
Public Employees Retirement System of Ohio0$00.00%−9,100−100.0%Sold out
Simplex Trading, LLC0$00.00%−6,846−100.0%Sold out
Private Wealth Asset Management, LLC0$00.00%−1,000−100.0%Sold out
Clear Street Markets LLC0$00.00%−557−100.0%Sold out
Root Financial Partners, LLC0$00.00%−139−100.0%Sold out
Wealth Preservation Advisors, LLC0$00.00%−66−100.0%Sold out
Jones Financial Companies LLLP0$00.00%−57−100.0%Sold out
Investors Portfolio Services LLC0$00.00%−61−100.0%Sold out
MAI Capital Management0$00.00%−25−100.0%Sold out
Skopos Labs, Inc.––––Not filed
CWM, LLC––––Not filed
Janus Henderson Group PLC––––Not filed