MAXLINEAR INC MXL
COM · Common Stock · CUSIP 57776J100 · ISIN US57776J1007
American hardware company
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersCarlsbad, CA
- Founded2004
- Websitemaxlinear.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($150.2k this quarter). Holder counts are more reliable. Shares outstanding: 86.5m as of 2026-01-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $17.43. Options: 9 managers hold calls ($11.5m notional), 6 hold puts ($2.8m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 278 |
| Q4 2022 | 281 |
| Q1 2023 | 283 |
| Q2 2023 | 252 |
| Q3 2023 | 233 |
| Q4 2023 | 214 |
| Q1 2024 | 210 |
| Q2 2024 | 215 |
| Q3 2024 | 207 |
| Q4 2024 | 210 |
| Q1 2025 | 216 |
| Q2 2025 | 219 |
| Q3 2025 | 239 |
| Q4 2025 | 240 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 92 | 108 |
| Q2 2024 | 102 | 103 |
| Q3 2024 | 101 | 118 |
| Q4 2024 | 104 | 103 |
| Q1 2025 | 110 | 103 |
| Q2 2025 | 121 | 99 |
| Q3 2025 | 135 | 86 |
| Q4 2025 | 97 | 125 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $5.5m | $4.3m | 0.78 |
| Q2 2025 | $6.9m | $3.9m | 0.56 |
| Q3 2025 | $9.6m | $2.8m | 0.29 |
| Q4 2025 | $11.5m | $2.8m | 0.24 |
Biggest buyers
| FMR LLC | Added | +4.7m |
| Invesco Ltd. | Added | +1.7m |
| PARADIGM CAPITAL MANAGEMENT INC/NY | Added | +734.9k |
| VANGUARD GROUP INC | Added | +605.9k |
| MORGAN STANLEY | Added | +551.2k |
| BlackRock, Inc. | Added | +290.7k |
| FEDERATED HERMES, INC. | Added | +274.4k |
| DEUTSCHE BANK AG\ | Added | +272.7k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +224.2k |
| Allianz Asset Management GmbH | Added | +222.6k |
Biggest sellers
| AIGH Capital Management LLC | Sold out | -1.1m |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -1.1m |
| GOLDMAN SACHS GROUP INC | Reduced | -883.8k |
| JPMORGAN CHASE & CO | Reduced | -785.5k |
| Alyeska Investment Group, L.P. | Sold out | -769.3k |
| PRIMECAP MANAGEMENT CO/CA/ | Reduced | -518.4k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -430.7k |
| Point72 Asset Management, L.P. | Reduced | -424.4k |
| MARSHALL WACE, LLP | Reduced | -423.7k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -350.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3m129.8k shares |
| JANE STREET GROUP, LLC | Added | $2.2m124.2k shares |
| CITADEL ADVISORS LLC | Added | $1.7m96.6k shares |
| GROUP ONE TRADING LLC | Added | $1.6m94.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m62.9k shares |
| IMC-Chicago, LLC | Added | $1.1m61.4k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $958.6k55.0k shares |
| Walleye Trading LLC | Added | $470.6k27.0k shares |
| Walleye Capital LLC | Unchanged | $116.8k6.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.5m85.2k shares |
| CITADEL ADVISORS LLC | Added | $500.2k28.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $299.8k17.2k shares |
| Walleye Trading LLC | Added | $172.6k9.9k shares |
| Walleye Capital LLC | Added | $170.8k9.8k shares |
| GROUP ONE TRADING LLC | Added | $144.7k8.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 14.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution -2.8 pts · filed 2026-07-31 | 7.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: STATE STREET CORP (4.8%, 2026-08-07), FMR LLC (1.8%, 2026-08-06), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 1 | $234.8k | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $1.4m | 0 | — | — |
| Q4 2024 | 0 | — | 5 | $1.1m | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $63.1k | $63.1k |
| Q3 2025 | 0 | — | 1 | $1.8m | — |
| Q4 2025 | 0 | — | 1 | $463.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-10-30 | ARTUSI DANIEL A Director | Sold | $319.3k20.7k shares |
| 2025-10-29 | ARTUSI DANIEL A Director | Sold | $143.7k9.1k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 13.5m $235.8m | Added +290.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 13.3m $232.3m | Added +605.9k |
| FMR LLC 0.00% of their portfolio | 5.5m $95.4m | Added +4.7m |
| STATE STREET CORP 0.00% of their portfolio | 4.6m $79.6m | Reduced -19.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 3.1m $53.3m | Reduced -169.3k |
| Invesco Ltd. 0.00% of their portfolio | 2.1m $37.5m | Added +1.7m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.0m $35.6m | Reduced -883.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.0m $35.5m | Added +28.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.6m $27.5m | Added +6.1k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.4m $24.4m | Reduced -423.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $22.3m | Added +551.2k |
| Nuveen, LLC 0.01% of their portfolio | 1.3m $21.9m | Added +30.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.1m $19.9m | Added +19.9k |
| ALGERT GLOBAL LLC 0.26% of their portfolio | 961.3k $16.8m | Added +152.0k |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.63% of their portfolio | 861.0k $15.0m | Added +734.9k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.15% of their portfolio | 819.5k $14.3m | Reduced -430.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 787.6k $13.7m | Reduced -40.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 758.1k $13.2m | Added +224.2k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 749.5k $13.1m | Added +274.4k |
| HighTower Advisors, LLC 0.01% of their portfolio | 656.3k $11.4m | Added +10.9k |
| BARCLAYS PLC 0.00% of their portfolio | 644.4k $11.2m | Added +3.4k |
| Penserra Capital Management LLC 0.13% of their portfolio | 618.3k $10.8m | Reduced -13.0k |
| Defiance ETFs, LLC 0.36% of their portfolio | 618.3k $10.9m | First filing |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 600.3k $10.5m | Added +272.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 599.9k $10.5m | Reduced -171.4k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 574.6k $10.0m | Added +222.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 566.6k $9.9m | Added +46.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 532.9k $9.3m | Reduced -202.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 491.3k $8.6m | Added +20.1k |
| Hodges Capital Management Inc. 0.72% of their portfolio | 475.1k $8.3m | Reduced -9.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 464.2k $8.1m | Reduced -84.7k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.06% of their portfolio | 461.3k $8.0m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 401.3k $7.0m | Reduced -206.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 391.7k $6.8m | Reduced -3.6k |
| 1492 Capital Management LLC 2.12% of their portfolio | 317.7k $5.5m | Added +5.4k |
| Trexquant Investment LP 0.05% of their portfolio | 300.8k $5.2m | Added +65.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 291.7k $5.1m | Reduced -349.9k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 284.3k $5.0m | Reduced -35.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 282.0k $4.9m | Reduced -785.5k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 250.4k $4.4m | Reduced -60.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio | 242.6k $4.2m | Reduced -518.4k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 242.2k $4.2m | Reduced -16.4k |
| Edgestream Partners, L.P. 0.12% of their portfolio | 238.0k $4.1m | Reduced -56.9k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.63% of their portfolio | 235.6k $4.1m | Reduced -4.7k |
| Squarepoint Ops LLC 0.01% of their portfolio | 216.5k $3.8m | Reduced -210.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 214.8k $3.7m | Reduced -95.6k |
| WINTON GROUP Ltd 0.13% of their portfolio | 213.1k $3.7m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 204.0k $3.6m | Reduced -11.4k |
| Legal & General Group Plc 0.00% of their portfolio | 198.3k $3.5m | Reduced -9.3k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 194.5k $3.4m | Added +153.7k |
| SG Americas Securities, LLC 0.00% of their portfolio | 177.8k $3.1m | Added +149.3k |
| Swiss National Bank 0.00% of their portfolio | 163.2k $2.8m | Added +4.1k |
| PDT Partners, LLC 0.17% of their portfolio | 152.7k $2.7m | Reduced -21.5k |
| Engineers Gate Manager LP 0.03% of their portfolio | 150.5k $2.6m | Added +65.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 149.9k $2.6m | Reduced -1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 148.3k $2.6m | Reduced -12.4k |
| SCALAR GAUGE MANAGEMENT, LLC 1.68% of their portfolio | 145.0k $2.5m | New |
| Polar Asset Management Partners Inc. 0.05% of their portfolio | 144.2k $2.5m | Reduced -45.9k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.15% of their portfolio | 140.0k $2.4m | Reduced -15.0k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 139.5k $2.4m | Added +46.6k |
| Moody Aldrich Partners LLC 0.44% of their portfolio | 135.9k $2.4m | Reduced -6.6k |
| Jump Financial, LLC 0.03% of their portfolio | 123.3k $2.1m | Reduced -248.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 112.1k $2.0m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 106.4k $1.9m | Reduced -234.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 100.6k $1.8m | Added +34.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 98.9k $1.7m | Reduced -135.7k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.04% of their portfolio | 93.3k $1.6m | Reduced -3.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 90.1k $1.6m | Reduced -4 |
| WHITE PINE CAPITAL LLC 0.42% of their portfolio | 87.8k $1.5m | Added +40.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 84.7k $1.5m | Reduced -46.9k |
| Verition Fund Management LLC 0.01% of their portfolio | 81.7k $1.4m | Reduced -29.6k |
| Pure Financial Advisors, LLC 0.02% of their portfolio | 81.7k $1.4m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 81.4k $1.4m | Reduced -16.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 81.0k $1.4m | Reduced -26 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 78.9k $1.4m | Added +2.8k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 78.4k $1.4m | Reduced -424.4k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 77.2k $1.3m | Reduced -350.0k |
| Quantbot Technologies LP 0.04% of their portfolio | 76.8k $1.3m | Reduced -38.6k |
| Legato Capital Management LLC 0.12% of their portfolio | 76.8k $1.3m | Reduced -6.5k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 76.4k $1.3m | Reduced -5.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 72.4k $1.3m | Reduced -32.3k |
| TWINBEECH CAPITAL LP 0.08% of their portfolio | 68.6k $1.2m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 68.2k $1.2m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 67.5k $1.2m | Reduced -347.9k |
| TECTONIC ADVISORS LLC 0.06% of their portfolio | 63.9k $1.1m | Reduced -11.3k |
| Orion Porfolio Solutions, LLC 0.01% of their portfolio | 62.1k $1.1m | Reduced -2.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 60.8k $1.1m | Unchanged |
| Laurion Capital Management LP 0.07% of their portfolio | 60.6k $1.1m | Added +50.6k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 60.1k $916.4k | Reduced -3.3k |
| CAXTON ASSOCIATES LLP 0.02% of their portfolio | 59.5k $1.0m | New |
| Man Group plc 0.00% of their portfolio | 58.4k $1.0m | New |
| Summit Global Investments 0.06% of their portfolio | 58.0k $1.0m | Added +23.5k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 56.4k $984.0k | Reduced -2.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 55.4k $966.1k | Added +52 |
| XTX Topco Ltd 0.02% of their portfolio | 54.6k $952.1k | Added +23.4k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 45.7k $795.0k | Added +632 |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 45.5k $792.8k | Reduced -25.4k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 45.4k $792.0k | Reduced -2.5k |
| Tidal Investments LLC 0.00% of their portfolio | 43.1k $750.4k | Added +471 |
| Quantinno Capital Management LP 0.00% of their portfolio | 41.9k $729.9k | Added +12.7k |