Broad Bay Capital Management’s MediaAlpha MAX Stock Holding History

Broad Bay Capital Management’s Portfolio MAX Stock Details MAX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,468,695	Closed	-$16.7M	–	33
2025 Q3	$16.7M	Sell	1,468,695 -1,029,812	-41%	-$11.4M	2.08%	20
2025 Q2	$27.4M	Sell	2,498,507 -249,271	-9%	-$2.41M	3.85%	12
2025 Q1	$25.4M	Buy	2,747,778 +529,093	+24%	+$5.65M	3.82%	11
2024 Q4	$25M	Sell	2,218,685 -248,781	-10%	-$3.58M	4.05%	11
2024 Q3	$44.7M	Buy	2,467,466 +84,257	+4%	+$1.34M	6.14%	6
2024 Q2	$31.4M	Buy	2,383,209 +323,209	+16%	+$5.95M	4.29%	9
2024 Q1	$42M	Sell	2,060,000 -258,964	-11%	-$4.13M	5.44%	7
2023 Q4	$25.9M	Hold	2,318,964	–	–	3.25%	13
2023 Q3	$19.2M	Sell	2,318,964 -351,556	-13%	-$3.14M	2.88%	13
2023 Q2	$27.5M	Buy	2,670,520 +220,520	+9%	+$1.99M	3.71%	11
2023 Q1	$36.7M	Sell	2,450,000 -65,400	-3%	-$885K	5.03%	8
2022 Q4	$25M	Hold	2,515,400	–	–	3.56%	10
2022 Q3	$22M	Buy	2,515,400 +195,400	+8%	+$1.9M	3.88%	11
2022 Q2	$22.9M	Buy	2,320,000 +472,000	+26%	+$5.76M	3.58%	12
2022 Q1	$30.6M	Buy	+1,848,000	New	+$25.9M	3.89%	10

Other funds holding MAX

White Mountains Insurance Group Hanover, New Hampshire $313M AUM 14.8% 1-Year Est. Return

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

JP Morgan Chase

JP Morgan Chase New York $1.47T AUM 27.86% 1-Year Est. Return

Clearline Capital New York $1.29B AUM 38.13% 1-Year Est. Return

Renaissance Technologies

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Arrowstreet Capital

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Divisadero Street Capital Management Miami, Florida $2.14B AUM 134.55% 1-Year Est. Return

AQR Capital Management

AQR Capital Management Greenwich, Connecticut $218B AUM 29.41% 1-Year Est. Return