MediaAlpha
MAX
96 hedge funds and large institutions have $1.29B invested in MediaAlpha in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 43 increasing their positions, 13 reducing their positions, and 7 closing their positions.
443% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 7
231% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 13
48% more funds holding
Funds holding: 65 → 96 (+31)
2% more capital invested
Capital invested by funds: $1.26B → $1.29B (+$27.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.77% less ownership
Funds ownership: 97.52% → 96.76% (-0.77%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$81.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.3M |
| 3 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$48.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMIG
White Mountains Insurance Group
Hanover,
New Hampshire
|
-$178M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$13.6M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$7.85M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$5.39M |
| 5 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
-$5.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Norges Bank
Oslo,
Norway
| – | -$1.56M | -40,000 | Closed |
|
|
LPARFS
102
Leverage Partners Absolute Return Fund SPC
Cayman Islands Ky1-11111,
Cayman Islands
| – | -$1.18M | -30,100 | Closed |
|
|
MWNA
103
Marshall Wace North America
New York
| – | -$573K | -14,683 | Closed |
|
MAX Hedge Fund Activity: Q1 2021 in Review
96 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in MediaAlpha (MAX) for Q1 2021, worth a combined $1.29B — up 2.2% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new MAX positions and 7 closed out — a net gain of 31 holders — while 43 added to existing stakes and 13 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $81.3M. The largest seller was White Mountains Insurance Group, cutting an estimated $178M.
- 96 institutional investors held MediaAlpha (MAX) as of Q1 2021, up from 65 in Q4 2020.
- Funds reported $1.29B of MediaAlpha stock for Q1 2021, up 2.2% quarter-over-quarter.
- 38 funds opened new MediaAlpha positions in Q1 2021 and 7 closed out, a net change of +31 holders.
- The largest MediaAlpha buyer in Q1 2021 was Kayne Anderson Rudnick Investment Management, an estimated $81.3M added.
- The largest MediaAlpha seller in Q1 2021 was White Mountains Insurance Group, an estimated $178M sold.
Based on aggregated 13F filings for Q1 2021.