MGIC INVT CORP WIS MTG
COM · Common Stock · CUSIP 552848103
- SectorFinancials
- IndustrySurety Insurance
- HeadquartersMilwaukee, WI
- 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 ($37.5m this quarter). Holder counts are more reliable. Shares outstanding: 266.6m as of 2024-04-26, 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 ≈ $22.33. Options: 8 managers hold calls ($3.2m notional), 5 hold puts ($8.8m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 351 |
| Q4 2022 | 365 |
| Q1 2023 | 355 |
| Q2 2023 | 360 |
| Q3 2023 | 374 |
| Q4 2023 | 383 |
| Q1 2024 | 382 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 184 | 152 |
| Q1 2023 | 165 | 173 |
| Q2 2023 | 161 | 172 |
| Q3 2023 | 174 | 171 |
| Q4 2023 | 165 | 177 |
| Q1 2024 | 161 | 191 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.3m | $2.8m | 2.26 |
| Q3 2023 | $1.2m | $2.7m | 2.15 |
| Q4 2023 | $1.3m | $2.9m | 2.19 |
| Q1 2024 | $3.2m | $8.8m | 2.74 |
Biggest buyers
| Allianz Asset Management GmbH | Added | +1.9m |
| Invesco Ltd. | Added | +1.5m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.2m |
| JPMORGAN CHASE & CO | Added | +1.0m |
| JUPITER ASSET MANAGEMENT LTD | Added | +883.0k |
| Qube Research & Technologies Ltd | Added | +839.5k |
| ASSETMARK, INC | Added | +747.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +545.8k |
| FRANKLIN RESOURCES INC | Added | +538.9k |
| NORGES BANK | Added | +520.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.2m |
| FMR LLC | Reduced | -1.3m |
| VANGUARD GROUP INC | Reduced | -1.2m |
| AMERIPRISE FINANCIAL INC | Reduced | -1.0m |
| GOLDENTREE ASSET MANAGEMENT LP | Sold out | -965.9k |
| OAKTREE CAPITAL MANAGEMENT LP | Sold out | -866.0k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -432.3k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -420.6k |
| MOORE CAPITAL MANAGEMENT, LP | Sold out | -384.4k |
Biggest calls
| PEAK6 Investments LLC | New | $1.7m77.5k shares |
| CITADEL ADVISORS LLC | Added | $706.6k31.6k shares |
| Walleye Trading LLC | Added | $467.3k20.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $279.5k12.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $26.0k1.2k shares |
| GROUP ONE TRADING LLC | Reduced | $2.2k100 shares |
| Phoenix Financial Ltd. | New | $72763.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Added | $8.0m360.0k shares |
| Walleye Trading LLC | New | $317.5k14.2k shares |
| Parallax Volatility Advisers, L.P. | New | $259.4k11.6k shares |
| Walleye Capital LLC | New | $183.4k8.2k shares |
| CITADEL ADVISORS LLC | Reduced | $4.5k200 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 2025-07-17 | 9.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.4% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-04-09 | 6.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
| JPMORGAN CHASE & CO 13G · institution no change · filed 2026-05-12 | 5.2% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-02-13 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2024
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 |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $115.5k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 37.7m $842.2m | Reduced -1.2m |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 30.5m $681.5m | Added +1.0m |
| BlackRock Inc. 0.01% of their portfolio | 24.7m $553.1m | Reduced -301.5k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 14.6m $326.2m | Added +175.7k |
| FIRST TRUST ADVISORS LP 0.29% of their portfolio | 12.6m $280.8m | Added +492.4k |
| LSV ASSET MANAGEMENT 0.51% of their portfolio | 11.0m $245.6m | Added +174.6k |
| STATE STREET CORP 0.01% of their portfolio | 9.4m $211.2m | Reduced -242.8k |
| MORGAN STANLEY 0.01% of their portfolio | 9.1m $203.5m | Reduced -3.3m |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 7.3m $163.2m | Reduced -2.2m |
| Clearbridge Investments, LLC 0.11% of their portfolio | 6.0m $134.3m | Added +139.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.0m $111.3m | Added +545.8k |
| Allianz Asset Management GmbH 0.19% of their portfolio | 4.9m $110.1m | Added +1.9m |
| Invesco Ltd. 0.02% of their portfolio | 4.7m $105.1m | Added +1.5m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 4.4m $97.5m | Reduced -337.7k |
| NORGES BANK 0.01% of their portfolio | 3.7m $83.6m | Added +520.8k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 3.6m $80.8m | Reduced -200.3k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 3.5m $77.5m | Reduced -420.6k |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 3.3m $74.8m | Added +22.0k |
| DONALD SMITH & CO., INC. 1.62% of their portfolio | 3.1m $69.7m | Reduced -320.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 3.1m $68.2m | Added +1.2m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.0m $67.4m | Reduced -199.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 2.8m $63.2m | Reduced -6.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.8m $62.2m | Reduced -17.9k |
| BROWN ADVISORY INC 0.07% of their portfolio | 2.3m $51.2m | Added +53.6k |
| NFC Investments, LLC 12.29% of their portfolio | 1.9m $42.7m | Reduced -16.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 1.7m $37.9m | Reduced -144.6k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio | 1.7m $37.7m | Reduced -29.3k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 1.6m $35.5m | Added +42.3k |
| NewEdge Wealth, LLC 0.71% of their portfolio | 1.5m $31.8m | Added +103.6k |
| JUPITER ASSET MANAGEMENT LTD 0.33% of their portfolio | 1.5m $34.4m | Added +883.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.5m $33.6m | Added +538.9k |
| FMR LLC 0.00% of their portfolio | 1.4m $32.2m | Reduced -1.3m |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.4m $32.1m | Reduced -1.0m |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 1.4m $32.1m | Reduced -347.2k |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 1.2m $27.4m | Reduced -88.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.2m $26.5m | Added +508.1k |
| Brandywine Global Investment Management, LLC 0.18% of their portfolio | 1.1m $24.5m | Added +39.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.0m $22.9m | Added +8.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.0m $22.7m | Added +140.9k |
| ASSETMARK, INC 0.07% of their portfolio | 994.3k $22.2m | Added +747.5k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 992.5k $22.2m | Added +839.5k |
| Thrivent Financial for Lutherans 0.04% of their portfolio | 974.7k $21.8m | Reduced -57.4k |
| Vest Financial, LLC 0.52% of their portfolio | 875.2k $19.6m | Added +184.3k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 855.0k $19.1m | Reduced -53.0k |
| Bragg Financial Advisors, Inc 0.85% of their portfolio | 849.4k $19.0m | Added +50.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 823.3k $18.4m | Added +125.2k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 798.6k $17.9m | Reduced -43.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 778.3k $17.4m | Reduced -125.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 761.3k $17.0m | Added +37.6k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 697.6k $15.6m | Reduced -29.9k |
| First Eagle Investment Management, LLC 0.04% of their portfolio | 689.8k $15.4m | Added +91.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 686.2k $15.3m | Added +25.4k |
| Leeward Investments, LLC - MA 0.65% of their portfolio | 661.2k $14.8m | Reduced -28.4k |
| Nicholas Investment Partners, LP 1.51% of their portfolio | 660.9k $14.8m | Reduced -3.4k |
| HEARTLAND ADVISORS INC 0.77% of their portfolio | 659.3k $14.7m | Added +159.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 649.2k $14.5m | Reduced -4.8k |
| Legal & General Group Plc 0.00% of their portfolio | 610.0k $13.6m | Reduced -63.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.05% of their portfolio | 602.3k $13.5m | Reduced -26.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 591.9k $13.2m | Added +653 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 586.0k $13.1m | Added +108.1k |
| Permit Capital, LLC 7.99% of their portfolio | 560.4k $12.5m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 547.5k $12.2m | Reduced -8.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 498.8k $11.2m | Reduced -7.1k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 496.8k $11.1m | Added +119.5k |
| Man Group plc 0.03% of their portfolio | 456.7k $10.2m | Reduced -124.1k |
| BARCLAYS PLC 0.00% of their portfolio | 447.2k $10.0m | Reduced -7.3k |
| PANAGORA ASSET MANAGEMENT INC 0.05% of their portfolio | 439.8k $9.8m | Unchanged |
| WESTPORT ASSET MANAGEMENT INC 4.90% of their portfolio | 439.0k $9.8m | Unchanged |
| South Dakota Investment Council 0.20% of their portfolio | 438.8k $9.8m | Reduced -74.2k |
| APG Asset Management N.V. 0.02% of their portfolio | 426.8k $8.8m | Reduced -100.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 392.8k $5.3m | Added +6.6k |
| Foundry Partners, LLC 0.45% of their portfolio | 379.7k $8.5m | Added +40.1k |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 369.1k $8.1m | Added +73.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio | 360.7k $8.1m | Reduced -13.8k |
| Candriam S.C.A. 0.05% of their portfolio | 358.2k $8.0m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 348.7k $7.8m | Reduced -12.2k |
| Retirement Systems of Alabama 0.03% of their portfolio | 343.0k $7.7m | Reduced -5.1k |
| ALPS ADVISORS INC 0.05% of their portfolio | 339.9k $7.6m | Added +51.3k |
| Interval Partners, LP 0.28% of their portfolio | 330.4k $7.4m | Reduced -340.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 324.9k $7.3m | Reduced -18.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 324.6k $7.3m | Reduced -35.4k |
| Redwood Investment Management, LLC 0.68% of their portfolio | 316.9k $7.1m | Reduced -22.8k |
| Squarepoint Ops LLC 0.03% of their portfolio | 313.1k $7.0m | Added +202.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 311.6k $7.0m | Added +285.8k |
| AXA S.A. 0.02% of their portfolio | 305.7k $6.8m | Reduced -311.1k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 305.2k $6.8m | Reduced -46.5k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 303.6k $6.8m | Added +16.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 288.7k $6.5m | Reduced -30.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 279.5k $6.2m | Reduced -20.5k |
| Ballast Asset Management, LP 3.19% of their portfolio | 263.7k $5.9m | Added +23.1k |
| Advisors Capital Management, LLC 0.10% of their portfolio | 245.9k $5.5m | Reduced -15.8k |
| Treasurer of the State of North Carolina 0.02% of their portfolio | 244.1k $5.5m | Added +38.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 240.8k $5.4m | Added +12.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.04% of their portfolio | 238.5k $5.3m | Reduced -1.1k |
| State of Tennessee, Department of Treasury 0.02% of their portfolio | 233.2k $5.2m | Reduced -7.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 221.9k $5.0m | Added +91.8k |
| Vident Advisory, LLC 0.10% of their portfolio | 212.7k $4.8m | Added +37.0k |
| FOSTER & MOTLEY INC 0.31% of their portfolio | 203.6k $4.6m | Added +9.7k |
| GLENMEDE TRUST CO NA 0.02% of their portfolio | 200.2k $4.5m | Reduced -2.5k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.04% of their portfolio | 195.7k $4.4m | Reduced -45.7k |