Vault-13

NEWSMAX INC NMAX

COM SHS CLASS B · Common Stock · CUSIP 65250K105

159 institutional holders +122 vs Q1 2025
3,373,7413.4m shares reported held*
$51.0mreported value*
131 new 22 added 1 reduced 8 sold out net bought ≈ $49.8m (+3.3m shares)

* 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 ($32.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.11. Options: 9 managers hold calls ($16.6m notional), 9 hold puts ($10.2m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q1 25: 37Q2 25: 159159Q1 25Q2 25
Numbers
QuarterHolders
Q1 202537
Q2 2025159

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15m$20mQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $16.6mQ2 25 puts: $10.2mQ2 25P/C 0.62
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$16.6m$10.2m0.62

Biggest buyers

UBS Group AG Added +536,747+536.7k
BlackRock, Inc. New +384,062+384.1k
BANK OF AMERICA CORP /DE/ Added +136,632+136.6k
CITADEL ADVISORS LLC New +129,221+129.2k
ROYAL BANK OF CANADA Added +110,420+110.4k
Denver PWM, LLC New +107,741+107.7k
HRT FINANCIAL LP Added +101,489+101.5k
GEODE CAPITAL MANAGEMENT, LLC New +94,158+94.2k
CastleKnight Management LP New +91,400+91.4k
MORGAN STANLEY Added +86,713+86.7k

Biggest sellers

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $4.8m316.1k shares
JANE STREET GROUP, LLC New $3.6m235.4k shares
GROUP ONE TRADING LLC New $2.9m191.9k shares
CITADEL ADVISORS LLC New $2.2m144.4k shares
SIMPLEX TRADING, LLC New $992.0k65.6k shares
WOLVERINE TRADING, LLC New $841.2k63.2k shares
SYMMETRY PEAK MANAGEMENT LLC New $739.9k48.9k shares
IMC-Chicago, LLC New $596.1k39.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $3.1m203.8k shares
CITADEL ADVISORS LLC New $2.7m179.5k shares
JANE STREET GROUP, LLC New $1.5m99.1k shares
GROUP ONE TRADING LLC New $1.1m74.0k shares
SIMPLEX TRADING, LLC New $742.0k49.1k shares
WOLVERINE TRADING, LLC New $571.0k42.9k shares
IMC-Chicago, LLC New $276.9k18.3k shares
MIRAE ASSET SECURITIES (USA) INC. New $239.1k15.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 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.

HolderStakeChangeShares Last filed
Ruddy Christopher 13D · may seek influence new · filed 2025-03-31
Stated purposeThe disclosure provided in Item 3 above is incorporated herein by reference. Mr. Ruddy serves as the Chief Executive Officer and is a member of the Board of Directors of the Issuer and, in such capacity, may have influence over the corporate activities of the Issuer, including activities that may relate to items described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons may from time to time buy or sell securities of the Issuer as appropriate for his personal circumstances. The Reporting Person does not have any present plans or proposals which relates to, or would result in any action with respect to, the matters listed in paragraphs (a) through (j) of Item 4 of Schedule 13D (although the Reporting Person reserves the right to develop such plans or propo… Full filing
30.6% new 39.2m≈ $324.9m 2025-03-31
Peterffy Thomas 13G · exempt (held before listing) new · filed 2025-04-01 25.9% new 23.0m≈ $190.8m 2025-04-01
Naples Investment Holdco LLC 13G · exempt (held before listing) new · filed 2025-05-01 22.2% new 19.7m≈ $163.4m 2025-05-01

Insider purchases and sales in Q2 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.

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 UBS Group AG 0.00% of their portfolio ZURICH, V8 539,250539.2k $8.2m $8.2m 0.00% Added +536.7k +536,747
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 384,062384.1k $5.8m $5.8m 0.00% New
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 136,647136.6k $2.1m $2.1m 0.00% Added +136.6k +136,632
4 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 129,221129.2k $2.0m $2.0m 0.00% New
5 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 111,300111.3k $1.7m $1.7m 0.00% Added +110.4k +110,420
6 Denver PWM, LLC 0.51% of their portfolio DENVER, CO 107,741107.7k $1.6m $1.6m 0.51% New
7 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 103,934103.9k $1.6m $1.6m 0.01% Added +101.5k +101,489
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 94,15894.2k $1.4m $1.4m 0.00% New
9 CastleKnight Management LP 0.09% of their portfolio New York, NY 91,40091.4k $1.4m $1.4m 0.09% New
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 88,97489.0k $1.3m $1.3m 0.00% Added +86.7k +86,713
11 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 84,52184.5k $1.3m $1.3m 0.00% New
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 83,32683.3k $1.3m $1.3m 0.00% Added +78.6k +78,602
13 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 78,95879.0k $1.2m $1.2m 0.00% New
14 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 74,25074.2k $1.1m $1.1m 0.00% Added +68.1k +68,085
15 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 70,40070.4k $1.1m $1.1m 0.00% New
16 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 58,58958.6k $886.5k $886.5k 0.00% Added +55.8k +55,767
17 XTX Topco Ltd 0.04% of their portfolio LONDON, X0 56,48156.5k $854.6k $854.6k 0.04% New
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 54,87354.9k $830.2k $830.2k 0.00% New
19 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 49,49349.5k $748.8k $748.8k 0.01% New
20 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 46,87746.9k $709.2k $709.2k 0.00% New
21 CW Advisors, LLC 0.01% of their portfolio BOSTON, MA 41,82141.8k $632.8k $632.8k 0.01% New
22 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 40,61940.6k $614.6k $614.6k 0.00% New
23 ROVIN CAPITAL /UT/ /ADV 0.18% of their portfolio MESA, AZ 39,97540.0k $605.0k $605.0k 0.18% New
24 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 38,61238.6k $584.2k $584.2k 0.00% New
25 Virtu Financial LLC 0.03% of their portfolio New York, NY 37,21537.2k $563.0k $563.0k 0.03% New
26 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 36,00036.0k $544.7k $544.7k 0.00% New
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 34,20634.2k $517.5k $517.5k 0.00% Added +34.2k +34,181
28 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 32,63832.6k $490.9k $490.9k 0.00% New
29 Heck Capital Advisors, LLC 0.04% of their portfolio Rhinelander, WI 27,68927.7k $418.9k $418.9k 0.04% New
30 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 25,10225.1k $379.8k $379.8k 0.01% New
31 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 23,87823.9k $361.3k $361.3k 0.00% New
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 22,86822.9k $346.0k $346.0k 0.00% Added +21.5k +21,543
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 22,34922.3k $338.1k $338.1k 0.00% New
34 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 22,08622.1k $334.2k $334.2k 0.00% New
35 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 22,08322.1k $334.0k $334.0k 0.01% New
36 ARKANSAS FINANCIAL GROUP, INC. 0.05% of their portfolio LITTLE ROCK, AR 20,61020.6k $311.8k $311.8k 0.05% New
37 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 20,53720.5k $310.7k $310.7k 0.01% New
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 19,31819.3k $292.3k $292.3k 0.00% New
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 19,13119.1k $289.4k $289.4k 0.00% New
40 Colonial River Investments, LLC 0.12% of their portfolio MIDLOTHIAN, VA 19,10919.1k $284.3k $284.3k 0.12% New
41 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 18,64618.6k $282.1k $282.1k 0.01% New
42 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 16,66816.7k $252.0k $252.0k 0.00% New
43 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 16,47416.5k $249.3k $249.3k 0.00% New
44 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 16,10516.1k $243.7k $243.7k 0.00% Added +15.8k +15,755
45 Krilogy Financial LLC 0.01% of their portfolio ST. LOUIS, MO 15,85315.9k $239.9k $239.9k 0.01% New
46 MIRAE ASSET SECURITIES (USA) INC. 0.01% of their portfolio NEW YORK, NY 15,42815.4k $233.4k $233.4k 0.01% New
47 Cove Private Wealth, LLC 0.07% of their portfolio Oyster Bay Cove, NY 13,88813.9k $210.1k $210.1k 0.07% New
48 Freestone Capital Holdings, LLC 0.01% of their portfolio Seattle, WA 13,80713.8k $208.9k $208.9k 0.01% New
49 Element Wealth, LLC 0.10% of their portfolio RIDGELAND, MS 13,78013.8k $208.5k $208.5k 0.10% New
50 J.W. COLE ADVISORS, INC. 0.00% of their portfolio TAMPA, FL 13,69313.7k $207.2k $207.2k 0.00% New
51 Busey Bank 0.01% of their portfolio URBANA, IL 13,60213.6k $205.8k $205.8k 0.01% New
52 EVOKE WEALTH, LLC 0.00% of their portfolio Los Angeles, CA 13,53013.5k $204.7k $204.7k 0.00% New
53 Perbak Capital Partners LLP 0.05% of their portfolio LONDON, X0 13,52113.5k $204.6k $204.6k 0.05% New
54 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 12,79612.8k $193.6k $193.6k 0.00% New
55 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 11,10311.1k $168.0k $168.0k 0.00% New
56 Marex Group Ltd 0.00% of their portfolio London, X0 10,88410.9k $164.7k $164.7k 0.00% New
57 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 9,1639.2k $122.0k $122.0k 0.00% New
58 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 8,2768.3k $125.2k $125.2k 0.00% New
59 ARMSTRONG ADVISORY GROUP, INC 0.01% of their portfolio NEEDHAM, MA 7,9197.9k $119.8k $119.8k 0.01% New
60 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 7,7007.7k $116.5k $116.5k 0.00% New
61 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 6,8836.9k $104.1k $104.1k 0.00% New
62 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 6,8626.9k $103.8k $103.8k 0.00% New
63 WOLFF WIESE MAGANA LLC 0.06% of their portfolio CARSLBAD, CA 6,0696.1k $91.8k $91.8k 0.06% New
64 CWM, LLC 0.00% of their portfolio OMAHA, NE 5,9235.9k $90.0k $90.0k 0.00% Added +5.4k +5,362
65 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 5,3765.4k $81.3k $81.3k 0.00% New
66 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,2095.2k $78.8k $78.8k 0.00% New
67 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 5,0255.0k $76.0k $76.0k 0.00% New
68 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,5754.6k $69.2k $69.2k 0.00% New
69 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 4,1484.1k $62.8k $62.8k 0.00% New
70 UMB Bank, n.a. 0.00% of their portfolio Kansas City, MO 4,1104.1k $62.2k $62.2k 0.00% Not comparable
71 PFS Partners, LLC 0.03% of their portfolio MINE HILL, NJ 3,4143.4k $51.7k $51.7k 0.03% New
72 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 3,3783.4k $51.1k $51.1k 0.00% New
73 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,5702.6k $38.9k $38.9k 0.00% New
74 Caitong International Asset Management Co., Ltd 0.03% of their portfolio HONG KONG, K3 2,4592.5k $37.2k $37.2k 0.03% New
75 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 2,1472.1k $32.5k $32.5k 0.00% New
76 OSTERWEIS CAPITAL MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 2,1202.1k $32.1k $32.1k 0.00% New
77 SOA Wealth Advisors, LLC. 0.01% of their portfolio NEW YORK, NY 2,1042.1k $31.8k $31.8k 0.01% New
78 West Oak Capital, LLC 0.01% of their portfolio WESTLAKE VILLAGE, CA 2,0002.0k $303 $303 0.01% New
79 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 1,6731.7k $25.3k $25.3k 0.00% New
80 Avion Wealth 0.01% of their portfolio THE WOODLANDS, TX 1,5001.5k $22.0k $22.0k 0.01% New
81 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 1,4001.4k $21.2k $21.2k 0.00% New
82 Centerpoint Advisors, LLC 0.01% of their portfolio NEEDHAM, MA 1,3571.4k $21.0k $21.0k 0.01% New
83 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,2701.3k $19.2k $19.2k 0.00% Added +200 +200
84 Medallion Wealth Advisors, LLC 0.01% of their portfolio FARMINGTON, CT 1,2001.2k $16.5k $16.5k 0.01% New
85 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 1,1281.1k $17.1k $17.1k 0.00% Added +1.1k +1,060
86 Strategic Investment Solutions, Inc. /IL 0.01% of their portfolio ORLAND PARK, IL 1,1081.1k $16.8k $16.8k 0.01% Added +1.1k +1,108
87 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 1,0001.0k $15.1k $15.1k 0.00% New
88 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 1,0001.0k $15.1k $15.1k 0.00% New
89 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 902902 $13.6k $13.6k 0.00% New
90 TOWER TRUST & INVESTMENT Co 0.01% of their portfolio DAVENPORT, IA 902902 $13.6k $13.6k 0.01% Unchanged
91 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 776776 $11.7k $11.7k 0.00% New
92 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 772772 $11.7k $11.7k 0.00% New
93 Legal & General Group Plc 0.00% of their portfolio London, X0 690690 $10.4k $10.4k 0.00% New
94 Fourth Dimension Wealth, LLC 0.00% of their portfolio MIDDLEBURG HEIGHTS, OH 650650 $9.8k $9.8k 0.00% New
95 Moisand Fitzgerald Tamayo, LLC 0.00% of their portfolio ORLANDO, FL 600600 $9.1k $9.1k 0.00% New
96 DecisionPoint Financial, LLC 0.00% of their portfolio MESA, AZ 600600 $8.2k $8.2k 0.00% New
97 First Command Advisory Services, Inc. 0.00% of their portfolio FORT WORTH, TX 500500 $7.6k $7.6k 0.00% New
98 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 474474 $7.2k $7.2k 0.00% New
99 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 462462 $7.0k $7.0k 0.00% New
100 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 433433 $6.6k $6.6k 0.00% Added +407 +407