미디어알파, Inc.
US ˙ NYSE ˙ US58450V1044

SecurityMAX / MediaAlpha, Inc.
InstitutionVanguard Group Inc
Latest Disclosed Ownership2,600,621 shares
Ownership 4.61%
Vanguard Group Inc ownership in MAX / MediaAlpha, Inc.

2025-10-31 - Vanguard Group Inc has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 2,600,621 shares of MediaAlpha, Inc. (US:MAX). This represents 4.61 percent ownership of the company. In their previous filing dated 2025-04-30 , Vanguard Group Inc had reported owning 2,913,328 shares, indicating a decrease of -10.73 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date
Effective
Date
Form Prev
Shares
Latest
Shares
ΔShares
(Percent)
Ownership
(Percent)
ΔOwnership
(Percent)
2025-10-31 2025-10-31 13G/A 2,913,328 2,600,621 -10.73 4.61 -12.19
2025-04-30 2025-04-30 13G/A 3,453,690 2,913,328 -15.65 5.25 -16.80
2024-11-12 2024-11-12 13G/A 3,453,690 3,453,690 0.00 6.31 0.00
2024-11-04 2024-11-04 13G/A 1,842,548 3,453,690 87.44 6.31 60.97
2024-02-13 2024-02-13 13G/A 2,247,309 1,842,548 -18.01 3.92 -24.76
2023-02-09 2023-02-09 13G/A 1,992,296 2,247,309 12.80 5.21 2.96
2022-02-10 2022-02-10 13G 1,992,296 5.06

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-01-29 2025-12-31 13F MEDIAALPHA CL A 58450V104 2,570,992 -29,629 -1.14 33,294 12.50 0.0005
2025-11-07 2025-09-30 13F MEDIAALPHA CL A 58450V104 2,600,621 -258,578 -9.04 29,595 -5.47 0.0004
2025-08-11 2025-06-30 13F MEDIAALPHA CL A 58450V104 2,859,199 -54,129 -1.86 31,308 16.30 0.0005
2025-05-09 2025-03-31 13F MEDIAALPHA CL A 58450V104 2,913,328 -710,016 -19.60 26,919 -34.19 0.0005
2025-02-11 2024-12-31 13F MEDIAALPHA CL A 58450V104 3,623,344 169,654 4.91 40,908 -34.60 0.0007
2024-11-13 2024-09-30 13F MEDIAALPHA CL A 58450V104 3,453,690 372,426 12.09 62,546 54.13 0.0011
2024-08-13 2024-06-30 13F MEDIAALPHA CL A 58450V104 3,081,264 962,075 45.40 40,580 -5.99 0.0008
2024-05-10 2024-03-31 13F MEDIAALPHA CL A 58450V104 2,119,189 276,641 15.01 43,168 110.12 0.0009
2024-03-11 2023-12-31 13F/A-1 MEDIAALPHA CL A 58450V104 1,842,548 34,568 1.91 20,544 37.57 0.0004
2024-02-14 2023-12-31 13F MEDIAALPHA CL A 58450V104 1,842,548 34,568 20,544 0.0004
2023-12-18 2023-09-30 13F/A-1 MEDIAALPHA CL A 58450V104 1,807,980 -197,381 -9.84 14,934 -27.77 0.0004
2023-11-14 2023-09-30 13F MEDIAALPHA CL A 58450V104 1,807,980 -197,381 14,934 0.0001
2023-08-14 2023-06-30 13F MEDIAALPHA CL A 58450V104 2,005,361 -288,521 -12.58 20,675 -39.83 0.0005
2023-07-14 2023-03-31 13F/A-1 MEDIAALPHA CL A 58450V104 2,293,882 46,573 2.07 34,362 53.68 0.0009
2023-05-15 2023-03-31 13F MEDIAALPHA CL A 58450V104 2,293,882 46,573 34,362 0.0009
2023-02-10 2022-12-31 13F MEDIAALPHA CL A 58450V104 2,247,309 44,544 2.02 22,361 16.01 0.0006
2022-11-14 2022-09-30 13F MEDIAALPHA CL A 58450V104 2,202,765 133,920 6.47 19,274 -5.42 0.0006
2022-08-12 2022-06-30 13F MEDIAALPHA CL A 58450V104 2,068,845 143,665 7.46 20,378 -36.04 0.0006
2022-05-13 2022-03-31 13F MEDIAALPHA CL A 58450V104 1,925,180 -67,116 -3.37 31,861 3.57 0.0008
2022-02-14 2021-12-31 13F MEDIAALPHA CL A 58450V104 1,992,296 14,542 0.74 30,762 -16.73 0.0007
2021-11-12 2021-09-30 13F MEDIAALPHA CL A 58450V104 1,977,754 3,920 0.20 36,944 -55.54 0.0009
2021-08-13 2021-06-30 13F MEDIAALPHA CL A 58450V104 1,973,834 457,591 30.18 83,097 54.68 0.0021
2021-05-14 2021-03-31 13F MEDIAALPHA CL A 58450V104 1,516,243 725,318 91.71 53,721 73.84 0.0015
2021-02-12 2020-12-31 13F MEDIAALPHA CL A 58450V104 790,925 790,925 30,902 0.0009
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.