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MediaAlpha

98 hedge funds and large institutions have $1.59B invested in MediaAlpha in 2021 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 23 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 23

23% more capital invested

Capital invested by funds: $1.29B → $1.59B (+$299M)

2% more funds holding

Funds holding: 9698 (+2)

1.11% more ownership

Funds ownership: 96.76%97.87% (+1.1%)

10% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 21

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
98
Holders Change
+2
Holders Change %
+2.08%
% of All Funds
1.71%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
23
Increased
43
Reduced
23
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WMIG
1
White Mountains Insurance Group
New Hampshire
$713M
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$271M +$12.7M +317,578 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$83.1M +$18.3M +457,591 +30%
BlackRock
4
BlackRock
New York
$57.2M +$8.76M +218,972 +19%
JP Morgan Chase
5
JP Morgan Chase
New York
$56M -$785K -19,641 -1%
EAM
6
Eventide Asset Management
Massachusetts
$50.1M +$6.24M +156,053 +15%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$45.4M +$1.76M +43,988 +4%
EMFAT
8
Emerald Mutual Fund Advisers Trust
Pennsylvania
$28M
EA
9
Emerald Advisers
Pennsylvania
$25.5M -$1.2M -29,912 -5%
SAM
10
Silvercrest Asset Management
New York
$21.4M +$2.59M +64,748 +15%
BCIM
11
British Columbia Investment Management
British Columbia, Canada
$16.8M +$5.61M +140,200 +54%
Invesco
12
Invesco
Georgia
$16.7M +$15.8M +395,937 New
State Street
13
State Street
Massachusetts
$16.4M +$4.96M +123,906 +47%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$14.6M +$3.24M +80,959 +30%
Mackenzie Financial
15
Mackenzie Financial
Ontario, Canada
$13.6M +$12.9M +322,334 New
SI
16
Scout Investments
Missouri
$13.2M +$12.5M +313,154 New
Wells Fargo
17
Wells Fargo
California
$13.1M -$2.83M -70,765 -19%
WA
18
Wasatch Advisors
Utah
$10.9M -$10.2M -255,539 -50%
Ameriprise
19
Ameriprise
Minnesota
$9.92M +$24K +600 +0.3%
Northern Trust
20
Northern Trust
Illinois
$9.26M +$1.18M +29,592 +16%
PFM
21
Premier Fund Managers
United Kingdom
$8.76M
William Blair & Company
22
William Blair & Company
Illinois
$6.61M +$761K +19,027 +14%
Deutsche Bank
23
Deutsche Bank
Germany
$6.48M +$1.72M +43,065 +39%
Charles Schwab
24
Charles Schwab
California
$6.3M +$1.61M +40,167 +37%
CC
25
Cannell & Co
New York
$5.76M -$2.11M -52,825 -28%

MAX Hedge Fund Activity: Q2 2021 in Review

98 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in MediaAlpha (MAX) for Q2 2021, worth a combined $1.59B — up 23% from $1.29B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new MAX positions and 21 closed out — a net gain of 2 holders — while 43 added to existing stakes and 23 trimmed.

The largest buyer was Vanguard Group, adding an estimated $18.3M. The largest seller was Wasatch Advisors, cutting an estimated $10.2M.

  • 98 institutional investors held MediaAlpha (MAX) as of Q2 2021, up from 96 in Q1 2021.
  • Funds reported $1.59B of MediaAlpha stock for Q2 2021, up 23% quarter-over-quarter.
  • 23 funds opened new MediaAlpha positions in Q2 2021 and 21 closed out, a net change of +2 holders.
  • The largest MediaAlpha buyer in Q2 2021 was Vanguard Group, an estimated $18.3M added.
  • The largest MediaAlpha seller in Q2 2021 was Wasatch Advisors, an estimated $10.2M sold.

Based on aggregated 13F filings for Q2 2021.