Mediaalpha Inc. Class AMAX

13F holders, Q2 2025 (June 30)
152holders +8
29new positions
22sold out
7famous investors
$10.95avg. 13F price*

At the end of Q2 2025, 152 institutions reported holding Mediaalpha Inc. Class A (MAX) in their 13F filings, up 8 from Q1 2025. 29 opened new positions and 22 sold out. The largest holders were White Mountains Insurance Group Ltd. ($195.5M), BlackRock, Inc. ($43.8M) and Vanguard Group Inc. ($31.3M). 7 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).

Company
Mediaalpha Inc. Class A
CUSIP
58450V104
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200 Q1 2024: 122Q1 2024Q2 2024: 149Q2 2024Q3 2024: 151Q3 2024Q4 2024: 162Q4 2024Q1 2025: 144Q1 2025Q2 2025: 152Q2 2025Q3 2025: 157Q3 2025Q4 2025: 172Q4 2025Q1 2026: 163Q1 2026Q2 2026: 153Q2 2026

Total Exit/New Position Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions29$18.1M
Exits22$18.3M

All 13F filers, Q1 2025 → Q2 2025: 7,098,078 shares bought and 6,051,808 shares sold, net +1,046,270 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 152 holders

White Mountains Insurance Group Ltd. 100.00% No change 17,856,614 $195.5M
BlackRock, Inc. 0.00% Add +8.3% 4,003,419 $43.8M
Vanguard Group Inc. 0.00% Reduce -1.9% 2,859,199 $31.3M
Broad Bay Capital Management, LP 3.85% Reduce -9.1% 2,498,507 $27.4M
Goldman Sachs Group Inc. 0.00% Add +172.5% 2,007,186 $22.0M
Clearline Capital LP 1.37% Reduce -46.3% 1,425,308 $15.6M
Nuveen, LLC 0.00% Add +78.0% 900,790 $9.9M
D. E. Shaw & Co. 0.01% Add +33.5% 895,348 $9.8M
Jacobs Asset Management, LLC 4.98% Add +95.5% 798,666 $8.7M
Renaissance Technologies 0.01% Add +36.6% 772,300 $8.5M
Geode Capital Management, LLC 0.00% Add +5.1% 764,702 $8.4M
Morgan Stanley 0.00% Add +2.4% 755,926 $8.3M
Shay Capital LLC 1.67% Add +17.2% 670,000 $7.3M
State Street Corp. 0.00% Add +4.7% 652,838 $7.1M
Janus Henderson Group PLC 0.00% Add +4465.6% 632,888 $6.9M
AQR Capital Management 0.01% Add +7.8% 601,593 $6.6M
JPMorgan Chase & Co. 0.00% Add +75.9% 542,246 $5.9M
Acadian Asset Management LLC 0.01% Add +65.7% 532,437 $5.8M
UBS Group AG 0.00% Add +4.7% 528,380 $5.8M
Qube Research & Technologies Ltd 0.01% Add +12.1% 526,349 $5.8M
Arrowstreet Capital, Limited Partnership 0.00% Add +63.6% 484,342 $5.3M
Jacobs Levy Equity Management, Inc. 0.02% Add +238.8% 469,561 $5.1M
Lazard Asset Management LLC 0.01% New 389,806 $4.3M
Hillsdale Investment Management Inc. 0.15% Add +67.4% 359,200 $3.9M
Pacer Advisors, Inc. 0.01% New 333,958 $3.7M
Charles Schwab Investment Management Inc. 0.00% Reduce -2.9% 311,591 $3.4M
Northern Trust Corp. 0.00% Reduce -2.7% 277,927 $3.0M
Earnest Partners LLC 0.01% Reduce -1.0% 269,607 $3.0M
Algert Global LLC 0.05% Add +1.5% 228,778 $2.5M
Bank of America Corp. 0.00% Add +5.4% 225,789 $2.5M
Millennium Management 0.00% Reduce -70.2% 183,063 $2.0M
J. Goldman & Co LP 0.06% Reduce -69.2% 175,000 $1.9M
Marshall Wace, LLP 0.00% Reduce -63.9% 165,627 $1.8M
PDT Partners, LLC 0.10% Add +27.6% 165,540 $1.8M
Jackson Creek Investment Advisors LLC 0.48% New 164,060 $1.8M
Y-Intercept (Hong Kong) Ltd 0.04% Add +519.1% 162,747 $1.8M
Teacher Retirement System of Texas 0.01% Add +651.7% 149,933 $1.6M
Canada Pension Plan Investment Board 0.00% New 125,400 $1.4M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +36.5% 124,070 $1.4M
Trexquant Investment LP 0.01% Add +8.6% 120,775 $1.3M
Los Angeles Capital Management LLC 0.00% Reduce -19.5% 119,528 $1.3M
Sei Investments Co. 0.00% Add +11.7% 116,027 $1.3M
Citadel Advisors 0.00% Reduce -73.1% 115,626 $1.3M
Barclays PLC 0.00% Add +80.0% 113,648 $1.2M
Bank of New York Mellon Corp 0.00% Add +6.0% 95,072 $1.0M
Susquehanna International Group, LLP 0.00% Reduce -45.2% 92,067 $1.0M
BNP Paribas Financial Markets 0.00% Add +122.4% 87,048 $953K
Divisadero Street Capital Management, LP 0.06% New 86,907 $952K
State of Wisconsin Investment Board 0.00% New 84,739 $928K
Janney Montgomery Scott LLC 0.00% New 81,723 $895K
Allianz Asset Management GmbH 0.00% Reduce -56.6% 70,276 $770K
Engineers Gate Manager LP 0.01% Add +6.3% 69,184 $758K
Tudor Investment Corporation 0.01% Reduce -1.8% 66,206 $725K
Two Sigma Investments, LP 0.00% Reduce -51.2% 66,094 $724K
Dimensional Fund Advisors LP 0.00% New 64,108 $702K
Blair William & Co. 0.00% Reduce -0.2% 64,007 $701K
Swiss National Bank 0.00% Reduce -15.4% 58,700 $643K
Squarepoint Ops LLC 0.00% Reduce -56.4% 58,666 $642K
Rhumbline Advisers 0.00% Add +34.4% 55,622 $609K
Amundi 0.00% New 57,537 $598K
Russell Investments Group, Ltd. 0.00% Add +50.8% 54,176 $592K
Victory Capital Management Inc. 0.00% Reduce -32.4% 52,194 $572K
HSBC Holdings PLC 0.00% Add +2.3% 51,550 $561K
Mariner, LLC 0.00% Reduce -65.3% 47,481 $520K
Ieq Capital, LLC 0.00% Add +52.6% 44,578 $488K
Verition Fund Management LLC 0.00% Reduce -20.6% 43,188 $473K
Two Sigma Advisers, LP 0.00% Reduce -48.1% 41,900 $459K
Graham Capital Management, L.P. 0.01% Reduce -44.3% 41,164 $451K
Allspring Global Investments Holdings, LLC 0.00% Reduce -6.4% 39,582 $429K
Cannell & Spears LLC 0.01% Reduce -11.5% 39,100 $428K
Nomura Holdings Inc. 0.00% New 39,015 $427K
Alliancebernstein L.P. 0.00% Add +36.4% 38,630 $423K
Gotham Asset Management 0.00% New 38,504 $422K
Lighthouse Investment Partners, LLC 0.02% Reduce -73.6% 37,987 $416K
Legal & General Group Plc 0.00% Add +29.3% 36,315 $398K
Balyasny Asset Management L.P. 0.00% Reduce -58.2% 36,236 $397K
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% Add +106.7% 34,617 $379K
California State Teachers Retirement System 0.00% No change 30,346 $332K
Ameriprise Financial Inc. 0.00% New 28,470 $312K
Fox Run Management, L.L.C. 0.05% Reduce -42.4% 27,238 $298K
Deutsche Bank AG 0.00% Reduce -85.0% 27,014 $296K
Connor, Clark & Lunn Investment Management Ltd. 0.00% Reduce -34.6% 26,987 $296K
Campbell & CO Investment Adviser LLC 0.02% Add +21.1% 26,254 $287K
Nebula Research & Development LLC 0.02% Reduce -32.3% 25,141 $275K
T. Rowe Price Associates Inc. 0.00% Add +20.9% 24,475 $269K
Centiva Capital, LP 0.02% New 24,529 $269K
AlphaQuest LLC 0.02% Reduce -55.6% 23,150 $253K
Cwm, LLC 0.00% Add +37.3% 22,681 $248K
MetLife Investment Management, LLC 0.00% No change 21,402 $234K
Stoneridge Investment Partners LLC 0.18% Reduce -22.4% 21,362 $234K
Man Group plc 0.00% New 21,145 $232K
Quantbot Technologies LP 0.01% Reduce -20.8% 20,594 $226K
Franklin Resources Inc. 0.00% Reduce -57.6% 20,117 $220K
Cerity Partners LLC 0.00% Add +23.6% 20,071 $220K
VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% Add +57.5% 20,000 $219K
Gsa Capital Partners LLP 0.02% Reduce -36.0% 19,865 $218K
Corton Capital Inc. 0.24% Add +8.2% 18,865 $207K
Virtus Advisers, LLC 0.13% No change 18,711 $205K
Intech Investment Management LLC 0.00% Add +6.3% 18,502 $203K
Brevan Howard Capital Management LP 0.00% New 18,468 $202K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +2.1% 18,241 $200K
Voleon Capital Management LP 0.01% New 18,048 $198K
Wells Fargo & Company 0.00% Add +19.1% 17,267 $189K
Creative Planning 0.00% New 15,331 $168K
Wealth Enhancement Advisory Services, LLC 0.00% New 14,757 $155K
XTX Topco Ltd 0.01% New 13,985 $153K
Citigroup Inc. 0.00% Reduce -69.2% 13,867 $152K
Manufacturers Life Insurance Company, The 0.00% Add +13.4% 12,757 $140K
Polymer Capital Management (US) LLC 0.02% Reduce -20.0% 12,310 $135K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 11,928 $131K
US Bancorp \de 0.00% Add +160.4% 10,833 $119K
Dynamic Technology Lab Private Ltd 0.02% Reduce -75.0% 10,808 $118K
Invesco Ltd. 0.00% New 10,701 $117K
Mackenzie Financial Corp. 0.00% No change 10,567 $116K
SG Americas Securities, LLC 0.00% Reduce -27.2% 10,405 $114K
Pallas Capital Advisors LLC 0.00% New 10,175 $111K
Semanteon Capital Management, LP 0.17% New 10,025 $110K
Royal Bank of Canada 0.00% Reduce -65.0% 7,521 $83K
Police & Firemen's Retirement System of New Jersey 0.00% No change 6,822 $75K
New York State Common Retirement Fund 0.00% Reduce -36.5% 6,264 $69K
KLP Kapitalforvaltning As 0.00% No change 5,933 $65K
Raymond James Financial Inc. 0.00% New 5,679 $62K
State of Wyoming 0.01% Add +12.4% 5,645 $62K
Tower Research Capital LLC (TRC) 0.00% Add +28.0% 5,551 $61K
Essential Partners LLC 0.02% — 5,350 $59K
Ameritas Investment Partners, Inc. 0.00% No change 3,026 $33K
Quarry LP 0.01% Add +88.7% 2,853 $31K
Covestor Ltd 0.02% Add +3.8% 2,700 $30K
FMR LLC 0.00% Add +28.0% 2,548 $28K
Brooklyn Investment Group 0.00% Add +7.0% 1,603 $18K
EverSource Wealth Advisors, LLC 0.00% Add +465.7% 1,352 $15K
Osaic Holdings, Inc. 0.00% Add +62.4% 1,062 $12K
Arax Advisory Partners 0.00% Add +1133.3% 1,036 $11K
Amalgamated Bank 0.00% No change 1,031 $11K
Simplex Trading, LLC 0.00% Reduce -90.1% 864 $9K
Caitong International Asset Management Co., Ltd 0.01% Add +34.8% 678 $7K
Murphy & Mullick Capital Management Corp 0.00% No change 500 $5K
Allworth Financial LP 0.00% Add +326.5% 499 $5K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% New 486 $5K
True Wealth Design, LLC 0.00% Add +1281.8% 304 $3K
GPS Wealth Strategies Group, LLC 0.00% No change 300 $3K
Nisa Investment Advisors, LLC 0.00% New 193 $2K
Clearstead Advisors, LLC 0.00% New 168 $2K
IFP Advisors, Inc 0.00% Add +392.3% 128 $2K
PNC Financial Services Group, Inc. 0.00% Add +227.5% 131 $1K
GAMMA Investing LLC 0.00% Reduce -62.1% 120 $1K
Sterling Capital Management LLC 0.00% Add +129.0% 71 $777
Parallel Advisors, LLC 0.00% Add +208.7% 71 $777
Rothschild Investment LLC 0.00% Add +42.9% 50 $548
Signaturefd, LLC 0.00% New 39 $427
Versant Capital Management, Inc 0.00% New 32 $350
Capital Advisors, Ltd. LLC 0.00% New 12 $0

"% of holder's portfolio" is MAX's weight in each manager's 13F, not the share of Mediaalpha Inc. Class A the manager owns.