Newsmax (NMAX): which funds own it
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Sections with a free account
No concentrated manager holds it.
Who owns Newsmax?
Holders that filed a Schedule 13D or 13G with the SEC for owning more than 5% of the Class B shares: Christopher Ruddy Revocable Trust dated October 12, 2007 (13D filed Mar 31, 2025), Thomas Peterffy (13G filed Apr 1, 2025) and Naples Investment Holdco (13G filed May 1, 2025). Conyers Investments Llc is listed on Form 4 filings as an owner of more than 10%. As of Jun 30, 2026, the largest holders of Class B reported on Form 13F were Greenwich Wealth Management (25.4% of Class B), BlackRock (3.1%) and Vanguard Capital Management (1.6%).
Which institutions hold the most Newsmax shares?
Per Form 13F filings as of Jun 30, 2026, as a share of Class B:
- 1. Greenwich Wealth Management: 25.4%
- 2. BlackRock: 3.1%
- 3. Vanguard Capital Management: 1.6%
- 4. AQR Capital Management: 1.5%
- 5. State Street: 0.9%
- 6. Geode Capital Management: 0.7%
- 7. Goldman Sachs Group: 0.6%
- 8. Vanguard Portfolio Management: 0.5%
- 9. HRT Financial: 0.4%
- 10. Citadel Advisors: 0.4%
How much of Newsmax do institutions own?
The 234 institutions that file 13F reported 40.9% of the Class B shares as of Jun 30, 2026.
Sources:13D by Christopher Ruddy Revocable Trust dated October 12, 2007 (Mar 31, 2025) ↗13G by Thomas Peterffy (Apr 1, 2025) ↗13G by Naples Investment Holdco (May 1, 2025) ↗All of the company's proxy statements on EDGAR ↗
13F percentages divide the shares each institution reports by the Class B shares outstanding on the cover of the company's latest report before the quarter end (May 8, 2026). Entities of the same group file separately and are not added up. With more than one share class, a 13D or 13G counts shares convertible from another class as owned, so we do not show its percentage. We hold 13D and 13G filings made since Dec 23, 2024: a holder above 5% that has not filed since then does not appear here.
Newsmax revenue
Newsmax reported annual revenue of $189.3 million for fiscal year 2025 (year ended December 31, 2025), according to its Form 10-K filed with the SEC (XBRL data).
Quarter flow (concentrated managers)
Concentrated managers holding it
None in the latest quarter.
Largest holders of NMAX (all 13F filers)
- Greenwich Wealth Management22.8 MWealth adviser · 25.35% of the company0
- BlackRock2.8 MIndex manager · 3.14% of the company+290 K
- Vanguard Capital Management1.5 MIndex manager · 1.63% of the company+1.5 M
- AQR Capital Management1.3 MQuant or multi-manager · 1.49% of the company+910 K
- State Street775 KIndex manager · 0.86% of the company+97 K
- Geode Capital Management640 KIndex manager · 0.71% of the company+53 K
- Goldman Sachs Group549 KBank or trading desk · 0.61% of the company−449 K
- Vanguard Portfolio Management488 KIndex manager · 0.54% of the company+215 K
- HRT Financial395 KBank or trading desk · 0.44% of the company+395 K
- Citadel Advisors366 KQuant or multi-manager · 0.41% of the company+201 K
- Shares
- 22.8 M
- Change
- 0
- % of the company
- 25.35%
See more
- Type
- Wealth adviser
- Value
- $189M
- Shares
- 2.8 M
- Change
- +290 K
- % of the company
- 3.14%
See more
- Type
- Index manager
- Value
- $23.4M
- Shares
- 1.5 M
- Change
- +1.5 M
- % of the company
- 1.63%
See more
- Type
- Index manager
- Value
- $12.1M
- Shares
- 1.3 M
- Change
- +910 K
- % of the company
- 1.49%
See more
- Type
- Quant or multi-manager
- Value
- $11.1M
- Shares
- 775 K
- Change
- +97 K
- % of the company
- 0.86%
See more
- Type
- Index manager
- Value
- $6.4M
- Shares
- 640 K
- Change
- +53 K
- % of the company
- 0.71%
See more
- Type
- Index manager
- Value
- $5.3M
- Shares
- 549 K
- Change
- −449 K
- % of the company
- 0.61%
See more
- Type
- Bank or trading desk
- Value
- $4.5M
- Shares
- 488 K
- Change
- +215 K
- % of the company
- 0.54%
See more
- Type
- Index manager
- Value
- $4.0M
- Shares
- 395 K
- Change
- +395 K
- % of the company
- 0.44%
See more
- Type
- Bank or trading desk
- Value
- $3.3M
- Shares
- 366 K
- Change
- +201 K
- % of the company
- 0.41%
See more
- Type
- Quant or multi-manager
- Value
- $3.0M
The 10 13F filers with the most shares as of Jun 30, 2026, whatever their type (index firms usually come first). “Change”: shares added or cut versus the previous quarter, split-adjusted; “no data” = there is no comparable portfolio for the previous quarter (no filing, or a filing with its holdings under confidential treatment). “% of the company” only where shares outstanding are up to date. Entities of the same group file separately and some 13F filings include other managers: there may be double counting. With a free account: the top 25, the largest buyers and the largest sellers.
Fundamentals
12-month figures to Jun 30, 2026 · balance sheet as of Jun 30, 2026.
- Operating margin
- -7.4%
- Net margin
- -3.2%
- ROE
- -5.7%
- Revenue (TTM)
- $203M
- Revenue growth
- 11.1%
- Net income (TTM)
- $-6.4M
- Net debt / EBITDA
- —
- Free cash flow (TTM)
- $-71.6M
- Quality vs sector
- —
This company's sector comes from its SIC code, unreviewed, or has too few comparable companies: we do not compare it with its sector.
Figures from the statements the company filed with the SEC (10-K, 10-Q). Free cash flow = operating cash flow − capital expenditures; empty if the company does not report capex. “Quality vs sector”: 0 to 100, the average of its percentiles in ROE, operating margin, free-cash-flow margin, revenue and earnings growth and net debt / EBITDA (at least 3 needed) against companies in its sector above $300M. How each figure is calculated
Earnings quality and debt
- Operating cash flow ÷ net income (12 months)
- no datanot calculated with negative net income
- Interest coverage (operating income ÷ interest)
- −4,310 timesnegative operating income
- Debt due within 12 months
- no data
From the figures the company filed with the SEC. Cash flow over net income near or above 1 means earnings are collected in cash; far below, that part is accounting. Coverage says how many times operating income pays the latest fiscal year's interest. Maturities come from the debt note of the latest annual report, counted from its closing date. “No data” never means zero.
Insiders (Form 4)
10% owners who bought (6 m): 0
Open-market purchases, excluding 10b5-1 plans. Officers and directors only; joint filers of the same purchase count as one. 10% owners with no role are shown separately. 0 = nobody bought; “no data” = we do not have its Form 4 filings.
Each of the company's Form 4 filings, on EDGAR ↗Latest trades, with date and filing →
Above 5% (13D/13G)
Disclosed stakes, with their amendments. A filing is not always a purchase: there are also reductions and changes of filing entity.
This list may be incomplete: we hold 13D and 13G filings made since Dec 23, 2024. A holder above 5% that has not filed anything since then is not shown here.
Above 5% over time (13D/13G)
Each holder with its filings in order. History since December 2024.
Flagged material events (8-K)
Change in directors or officers (Item 5.02)
Alert items the company itself flagged in its 8-K filings with the SEC, most serious first. It is the form's label, with no interpretation from us: Item 5.02 covers routine appointments as well as a chief executive's departure; open the filing. The quoted headline is the original press release's.
All material events (8-K)
Earnings, agreements, financing, management changes and announcements from the last year, with a filter by type and a link to each filing.
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