MediaAlpha
MAX
88 hedge funds and large institutions have $358M invested in MediaAlpha in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 22 reducing their positions, and 11 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 22
1.15% more ownership
Funds ownership: 95.95% → 97.1% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1% less funds holding
Funds holding: 89 → 88 (-1)
9% less capital invested
Capital invested by funds: $393M → $358M (-$35M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$3.85M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$2.04M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.98M |
| 4 |
BBCM
Broad Bay Capital Management
New York
|
+$1.9M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.12M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$1.44M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
-$799K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$687K |
| 5 |
BlackRock
New York
|
-$452K |
MAX Hedge Fund Activity: Q3 2022 in Review
88 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in MediaAlpha (MAX) for Q3 2022, worth a combined $358M — down 8.9% from $393M a quarter earlier.
Fund positioning in MAX was balanced in Q3 2022: 11 funds opened new positions, 11 closed out, 43 added to existing stakes and 22 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $3.85M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $3.12M sold.
- 88 institutional investors held MediaAlpha (MAX) as of Q3 2022, down from 89 in Q2 2022.
- Funds reported $358M of MediaAlpha stock for Q3 2022, down 8.9% quarter-over-quarter.
- 11 funds opened new MediaAlpha positions in Q3 2022 and 11 closed out, a net change of 0 holders.
- The largest MediaAlpha buyer in Q3 2022 was Kayne Anderson Rudnick Investment Management, an estimated $3.85M added.
- The largest MediaAlpha seller in Q3 2022 was Balyasny Asset Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q3 2022.