EARNEST Partners’s MediaAlpha MAX Stock Holding History

EARNEST Partners’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	-269,607	Closed	-$3.07M	–	302
2025 Q3	$3.07M	Hold	269,607	–	–	0.01%	212
2025 Q2	$2.95M	Sell	269,607 -2,826	-1%	-$27.3K	0.01%	213
2025 Q1	$2.52M	Buy	272,433 +30,874	+13%	+$330K	0.01%	214
2024 Q4	$2.73M	Buy	241,559 +1,021	+0.4%	+$14.7K	0.01%	212
2024 Q3	$4.36M	Hold	240,538	–	–	0.02%	203
2024 Q2	$3.17M	Sell	240,538 -3,731	-2%	-$68.6K	0.01%	212
2024 Q1	$4.98M	Sell	244,269 -371	-0.2%	-$5.92K	0.02%	206
2023 Q4	$2.73M	Sell	244,640 -2,338	-0.9%	-$23.1K	0.01%	215
2023 Q3	$2.04M	Sell	246,978 -149,172	-38%	-$1.33M	0.01%	224
2023 Q2	$4.08M	Buy	396,150 +31,629	+9%	+$286K	0.02%	207
2023 Q1	$5.46M	Hold	364,521	–	–	0.03%	198
2022 Q4	$3.63M	Buy	364,521 +154,687	+74%	+$1.7M	0.02%	205
2022 Q3	$1.84M	Buy	+209,834	New	+$2.04M	0.01%	204

Other funds holding MAX

WMIG

White Mountains Insurance Group Hanover, New Hampshire $394M AUM 22.47% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Clearline Capital New York $1.68B AUM 53.07% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

DSCM

Divisadero Street Capital Management Miami, Florida $4.41B AUM 90.53% 1-Year Est. Return

AQR Capital Management Greenwich, Connecticut $287B AUM 42.33% 1-Year Est. Return

EARNEST Partners's MAX Position: Q4 2025 in Review

EARNEST Partners sold out of MediaAlpha (MAX) in Q4 2025, closing a stake of 269,607 shares — an estimated $3.07M sold.

EARNEST Partners first reported a position in MAX in Q3 2022 and held it in 13 quarters. The position peaked at $5.46M in Q1 2023. 171 funds tracked by Wall St. Rank hold MAX as of Q4 2025.

EARNEST Partners reported no remaining MediaAlpha position as of Q4 2025 after selling out during the quarter.
EARNEST Partners sold 269,607 MediaAlpha shares in Q4 2025, an estimated $3.07M.
EARNEST Partners first reported a position in MediaAlpha in Q3 2022 and held it in 13 quarters.
EARNEST Partners's MediaAlpha position peaked at $5.46M in Q1 2023.
171 funds tracked by Wall St. Rank held MediaAlpha as of Q4 2025.

Based on EARNEST Partners's 13F filing for Q4 2025, filed 12 Feb 2026.