Virtu Financial’s MediaAlpha MAX Stock Holding History

Virtu Financial’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	-12,749	Closed	-$145K	–	1996
2025 Q3	$145K	Buy	+12,749	New	+$141K	0.01%	977
2021 Q3	–	Sell	-6,956	Closed	-$293K	–	1769
2021 Q2	$293K	Buy	+6,956	New	+$278K	0.03%	738

Other funds holding MAX

WMIG

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Clearline Capital New York $1.93B AUM 38.13% 1-Year Est. Return

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

DSCM

Divisadero Street Capital Management Miami, Florida $2.39B AUM 134.55% 1-Year Est. Return

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

Virtu Financial's MAX Position: Q4 2025 in Review

Virtu Financial sold out of MediaAlpha (MAX) in Q4 2025, closing a stake of 12,749 shares — an estimated $145K sold.

Virtu Financial first reported a position in MAX in Q2 2021 and held it in 2 quarters. The position peaked at $293K in Q2 2021. 171 funds tracked by Wall St. Rank hold MAX as of Q4 2025.

Virtu Financial reported no remaining MediaAlpha position as of Q4 2025 after selling out during the quarter.
Virtu Financial sold 12,749 MediaAlpha shares in Q4 2025, an estimated $145K.
Virtu Financial first reported a position in MediaAlpha in Q2 2021 and held it in 2 quarters.
Virtu Financial's MediaAlpha position peaked at $293K in Q2 2021.
171 funds tracked by Wall St. Rank held MediaAlpha as of Q4 2025.

Based on Virtu Financial's 13F filing for Q4 2025, filed 23 Feb 2026.