Newsmax Inc. (NMAX) shareholders
NMAXNYSETelevision Broadcasting Stations
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 10/30553% above fair value
$9.58+2.29 (+31.41%)
Close on Nov 13, 2026Market cap $1.24BP/E 95.8Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
28.5%
37M of 129M shares
Institutional holders
232
43 new, 27 sold out
Net institutional buying
4M
In Q2 2026
Insider trades, 12 months
0 buys · 13 sales
Net sold $6.16M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Christopher Ruddy Joint filing with Christopher Ruddy Revocable Trust dated October 12, 2007 (30.60%) | 39,239,297 | 30.60% | 13D (active) | Mar 28, 2025 |
| Thomas Peterffy Joint filing with Conyers Investments LLC (25.90%) | 23,045,352 | 25.90% | 13G (passive) | Mar 31, 2025 |
| Heritage Investment Holdings Limited Joint filing with Naples Investment Holdco LLC (22.20%), Heritage Investments Limited Partnership (22.20%) and 4 more | 19,737,553 | 22.20% | 13G (passive) | Mar 28, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of NMAX | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Greenwich Wealth Management LLC | 22,795,352 | 17.65% | $188.75M | – | 6.88% |
| BlackRock, Inc. | 2,820,412 | 2.18% | $23.35M | +290,463 | 0.00% |
| Vanguard Capital Management LLC | 1,464,021 | 1.13% | $12.12M | New | 0.00% |
| Aqr Capital Management LLC | 1,342,361 | 1.04% | $11.11M | +910,270 | 0.00% |
| State Street Corp | 775,355 | 0.60% | $6.42M | +97,064 | 0.00% |
| Geode Capital Management, LLC | 640,104 | 0.50% | $5.30M | +53,165 | 0.00% |
| Goldman Sachs Group Inc | 549,227 | 0.43% | $4.55M | −449,339 | 0.00% |
| Vanguard Portfolio Management LLC | 487,692 | 0.38% | $4.04M | +214,730 | 0.00% |
| Hrt Financial LP | 394,748 | 0.31% | $3.27M | New | 0.00% |
| Citadel Advisors LLC | 365,833 | 0.28% | $3.03M | +201,480 | 0.00% |
| Millennium Management LLC | 306,914 | 0.24% | $2.54M | New | 0.00% |
| Northern Trust Corp | 286,320 | 0.22% | $2.37M | +34,718 | 0.00% |
| Point72 Asset Management, L.P. | 205,413 | 0.16% | $1.70M | New | 0.00% |
| Morgan Stanley | 182,219 | 0.14% | $1.51M | +59,548 | 0.00% |
| Ieq Capital, LLC | 179,276 | 0.14% | $1.48M | +109,604 | 0.01% |
| LPL Financial LLC | 176,163 | 0.14% | $1.46M | −76,546 | 0.00% |
| Creative Planning | 136,696 | 0.11% | $1.13M | +41,148 | 0.00% |
| XTX Topco Ltd | 129,892 | 0.10% | $1.08M | +60,337 | 0.01% |
| Charles Schwab Investment Management Inc | 123,456 | 0.10% | $1.02M | +11,935 | 0.00% |
| Vista Private Wealth Partners. LLC | 107,741 | 0.08% | $1.17M | – | 0.38% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 232 | 37M | 28.5% | 43 / 66 | 37 / 27 | 6M | 1M |
| Q1 2026 | 219 | 32M | 25.1% | 48 / 54 | 30 / 23 | 3M | 1M |
| Q4 2025 | 198 | 31M | 23.9% | 40 / 55 | 32 / 24 | 28M | 1M |
| Q3 2025 | 187 | 4M | 3.0% | 52 / 49 | 20 / 21 | 2M | 1M |
| Q2 2025 | 159 | 3M | 2.6% | 135 / 21 | 1 / 9 | 3M | 0M |
| Q1 2025 | 34 | 0M | 0.1% | 34 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
73 funds held NMAX in Q2 2026, 79% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of NMAX | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,440,100 | 1.11% | $11.92M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,268,152 | 0.98% | $10.50M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 527,762 | 0.41% | $4.07M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Growth ETF | 451,611 | 0.35% | $3.74M | 0.02% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 244,250 | 0.19% | $2.08M | 0.01% | May 31, 2026 |
| Schwab Small-Cap Index Fund | 116,953 | 0.09% | $901.71K | 0.01% | Jul 31, 2026 |
| Master Small Cap Index Series | 81,326 | 0.06% | $673.38K | 0.01% | Jun 30, 2026 |
| Nuveen Small Cap Blend Index Fund | 63,471 | 0.05% | $489.36K | 0.01% | Jul 31, 2026 |
| EQ/2000 Managed Volatility Portfolio | 50,097 | 0.04% | $414.80K | 0.01% | Jun 30, 2026 |
| Fidelity MSCI Communication Services Index ETF | 45,155 | 0.03% | $348.15K | 0.02% | Jul 31, 2026 |
| Fidelity Small Cap Growth Index Fund | 45,051 | 0.03% | $373.02K | 0.02% | Jun 30, 2026 |
| Vanguard Russell 2000 Value Index Fund | 38,365 | 0.03% | $326.49K | 0.03% | May 31, 2026 |
| EQ/Small Company Index Portfolio | 33,200 | 0.03% | $274.90K | 0.01% | Jun 30, 2026 |
| EQ/AB Small Cap Growth Portfolio | 30,000 | 0.02% | $248.40K | 0.01% | Jun 30, 2026 |
| LVIP State Street Small-Cap Index Fund | 27,500 | 0.02% | $227.70K | 0.01% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Christopher Ruddy | Chief Executive Officer, Director, 10% owner | 39,239,297 | 30.38% | Mar 28, 2025 |
| Darryle Burnham | Chief Financial Officer | – | – | May 1, 2026 |
| Andrew Allen Brown | Chief Operating Officer | – | – | Mar 28, 2025 |
| Carla Sands | Director | – | – | Nov 13, 2026 |
| Paula J. Dobriansky | Director | – | – | May 21, 2026 |
| David Gandler | Director | – | – | May 21, 2026 |
| Christopher Nixon Cox | Director | – | – | May 21, 2026 |
| Rene Alexander Acosta | Director | – | – | May 21, 2026 |
| Nancy G. Brinker | Director | – | – | May 21, 2026 |
| David A.R. Evans | Director | – | – | May 21, 2026 |
| Investments Llc Conyers | 10% owner | 45,008,009 | 34.85% | Sep 29, 2026 |
| Investment Holdco LLC Naples | 10% owner | 19,737,553 | 15.28% | May 1, 2025 |
| Directors Ltd GTCS | 10% owner | – | – | May 1, 2025 |
| GP Ltd Heritage | 10% owner | – | – | May 1, 2025 |
| Investments Limited Partnership Heritage | 10% owner | – | – | May 1, 2025 |
| Investment Holdings Ltd Heritage | 10% owner | – | – | May 1, 2025 |
| Nominees Ltd GTCS | 10% owner | – | – | May 1, 2025 |
| Jassim Al-Thani Sheikh Sultan bin | 10% owner | – | – | May 1, 2025 |
| Thomas Peterffy | 10% owner | – | – | Mar 28, 2025 |
| Christopher Ruddy Revocable Trust dated October 12, 2007 | 10% owner | 39,239,297 | 30.38% | Mar 28, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Investments Llc Conyers 10% owner | Sep 25, 2026 | Sale | −2,191 | $11.05 | $24.21K | 21,962,657 |
| Investments Llc Conyers 10% owner | Sep 24, 2026 | Sale | −441 | $11.02 | $4.86K | 21,964,848 |
| Investments Llc Conyers 10% owner | Sep 23, 2026 | Sale | −350 | $11.03 | $3.86K | 21,965,289 |
| Investments Llc Conyers 10% owner | Sep 22, 2026 | Sale | −22,000 | $11.07 | $243.54K | 21,965,639 |
| Investments Llc Conyers 10% owner | Sep 21, 2026 | Sale | −14,251 | $11.02 | $157.05K | 21,987,639 |
| Investments Llc Conyers 10% owner | Sep 15, 2026 | Sale | −49,588 | $11.15 | $552.91K | 22,001,890 |
| Investments Llc Conyers 10% owner | Sep 14, 2026 | Sale | −282,063 | $11.55 | $3.26M | 22,051,478 |
| Investments Llc Conyers 10% owner | Sep 11, 2026 | Sale | −288.5 | $11.70 | $3.38K | 22,333,541 |
| Investments Llc Conyers 10% owner | Sep 10, 2026 | Sale | −24,448 | $11.03 | $269.66K | 22,622,041 |
| Investments Llc Conyers 10% owner | Sep 3, 2026 | Sale | +49,600 | $11.07 | $549.07K | 22,646,489 |
| Investments Llc Conyers 10% owner | Sep 2, 2026 | Sale | −53,500 | $11.03 | $590.11K | 22,696,089 |
| Investments Llc Conyers 10% owner | Aug 28, 2026 | Sale | −13,350 | $11.04 | $147.38K | 22,749,589 |
| Investments Llc Conyers 10% owner | Aug 21, 2026 | Sale | −32,416 | $11.02 | $357.22K | 22,762,939 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
10.62%
5M shares short
Days to cover
7.0
At 1M shares a day
Change since last report
-0.2%
From 5M shares
Short volume, 20 days
61.6%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Newsmax's stock actually held short. Settlement fails (shares not delivered on time) peaked at 41,147 shares on Sep 24, 2026 over the last 90 days.
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