MAX MediaAlpha, Inc.

NYSE
$12.94

MediaAlpha, Inc. (MAX) Institutional Ownership

What the institutions did with MAX last quarter, from their 13F filings. Counting managers rather than shares is the point: a single index fund adding to a position tells you far less than four hundred separate managers all deciding to. Positions as reported for the quarter ended June 30, 2026.

Managers reporting
179
filed a 13F this quarter
Managers holding
152
-6 on the quarter
Buyers
68
21 opened new
Sellers
92
27 sold out entirely
Buyer share
42.5%
of managers who traded it
Breadth
-15.0
net buyers, as a share of those trading

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Largest holders

Manager Shares % of reported
WHITE MOUNTAINS INSURANCE GROUP LTD 17.9M 36.7%
BlackRock, Inc. 3.4M 7.0%
Clearline Capital LP 2.7M 5.6%
JPMORGAN CHASE & CO 1.9M 3.9%
VANGUARD CAPITAL MANAGEMENT LLC 1.3M 2.6%
GEODE CAPITAL MANAGEMENT, LLC 1.1M 2.2%
Divisadero Street Capital Management, LP 1.0M 2.1%
JACOBS LEVY EQUITY MANAGEMENT, INC 971.2K 2.0%
ACADIAN ASSET MANAGEMENT LLC 957.1K 2.0%
JACOBS ASSET MANAGEMENT, LLC 919.8K 1.9%
STATE STREET CORP 862.2K 1.8%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 830.0K 1.7%
MORGAN STANLEY 821.2K 1.7%
Nuveen, LLC 752.4K 1.5%
DIMENSIONAL FUND ADVISORS LP 701.9K 1.4%
J. Goldman & Co LP 598.1K 1.2%
CITADEL ADVISORS LLC 589.7K 1.2%
RENAISSANCE TECHNOLOGIES LLC 574.4K 1.2%
Shay Capital LLC 570.0K 1.2%
JANE STREET GROUP, LLC 551.6K 1.1%
D. E. Shaw & Co., Inc. 535.9K 1.1%
SPEECE THORSON CAPITAL GROUP INC 489.1K 1.0%
EVR Research LP 440.0K 0.9%
VANGUARD PORTFOLIO MANAGEMENT LLC 433.0K 0.9%
GOLDMAN SACHS GROUP INC 428.9K 0.9%

Largest changes

Manager Action Previous Current Change
Divisadero Street Capital Management, LP Increased 86.9K 1.0M +933.1K
J. Goldman & Co LP Reduced 1.2M 598.1K -584.6K
Philadelphia Financial Management of San Francisco, LLC Sold Out 480.0K 0 -480.0K
EVR Research LP New 0 440.0K +440.0K
CITADEL ADVISORS LLC Increased 229.3K 589.7K +360.4K
Qube Research & Technologies Ltd Reduced 415.3K 92.5K -322.8K
FRANKLIN RESOURCES INC Reduced 343.7K 74.6K -269.1K
JANE STREET GROUP, LLC Increased 283.0K 551.6K +268.6K
Pacer Advisors, Inc. Sold Out 258.3K 0 -258.3K
TWO SIGMA INVESTMENTS, LP Increased 175.3K 409.5K +234.2K
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced 1.1M 830.0K -232.0K
JACOBS LEVY EQUITY MANAGEMENT, INC Increased 750.1K 971.2K +221.2K
Shay Capital LLC Reduced 775.0K 570.0K -205.0K
GOLDMAN SACHS GROUP INC Reduced 623.4K 428.9K -194.6K
D. E. Shaw & Co., Inc. Increased 342.1K 535.9K +193.9K
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced 189.7K 23.2K -166.5K
Y-Intercept (Hong Kong) Ltd Sold Out 158.2K 0 -158.2K
BNP PARIBAS FINANCIAL MARKETS Increased 56.2K 209.2K +153.0K
RENAISSANCE TECHNOLOGIES LLC Reduced 719.3K 574.4K -144.9K
JPMORGAN CHASE & CO Increased 1.7M 1.9M +134.4K
STIFEL FINANCIAL CORP New 0 126.2K +126.2K
Clearline Capital LP Increased 2.6M 2.7M +123.2K
UBS Group AG Reduced 153.9K 33.6K -120.3K
MORGAN STANLEY Increased 703.0K 821.2K +118.2K
VANGUARD PORTFOLIO MANAGEMENT LLC Reduced 546.7K 433.0K -113.7K

13F filings are due 45 days after quarter end and cover long positions in U.S.-listed equities only, so this is a lagged and partial picture: shorts, bonds and foreign listings never appear. Options positions are excluded here rather than folded into the share counts. Political ownership is coming.