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 ($22.9m this quarter). Holder counts are more reliable. Shares outstanding: 223.7m as of 2025-10-24, 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 ≈ $28.38. Options: 4 managers hold calls ($1.5m notional), 2 hold puts ($4.1m).
Trends to Q3 2025
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 |
| Q2 2024 | 391 |
| Q3 2024 | 410 |
| Q4 2024 | 411 |
| Q1 2025 | 445 |
| Q2 2025 | 469 |
| Q3 2025 | 502 |
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 2023 | 165 | 177 |
| Q1 2024 | 161 | 191 |
| Q2 2024 | 169 | 179 |
| Q3 2024 | 175 | 199 |
| Q4 2024 | 171 | 197 |
| Q1 2025 | 232 | 176 |
| Q2 2025 | 238 | 225 |
| Q3 2025 | 246 | 212 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $1.4m | $853.6k | 0.59 |
| Q1 2025 | $333.8k | $651.7k | 1.95 |
| Q2 2025 | $3.0m | $523.4k | 0.17 |
| Q3 2025 | $1.5m | $4.1m | 2.80 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +12.6m |
| AQR CAPITAL MANAGEMENT LLC | Added | +2.5m |
| ASSETMARK, INC | Added | +1.5m |
| Caisse de depot et placement du Quebec | Added | +667.9k |
| UBS Group AG | Added | +595.0k |
| JANE STREET GROUP, LLC | Added | +499.7k |
| Quantinno Capital Management LP | Added | +499.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +489.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +485.2k |
| NORTHERN TRUST CORP | Added | +441.8k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -3.6m |
| FIRST TRUST ADVISORS LP | Reduced | -2.8m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -2.4m |
| CAPTRUST FINANCIAL ADVISORS | Reduced | -2.2m |
| VANGUARD GROUP INC | Reduced | -742.1k |
| Lido Advisors, LLC | Reduced | -620.3k |
| FMR LLC | Reduced | -534.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -472.8k |
| Allianz Asset Management GmbH | Reduced | -436.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -413.9k |
Biggest calls
| Twin Tree Management, LP | Reduced | $774.5k27.3k shares |
| CITADEL ADVISORS LLC | New | $349.0k12.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Unchanged | $289.4k10.2k shares |
| GROUP ONE TRADING LLC | Unchanged | $51.1k1.8k shares |
Biggest puts
| BAYVIEW ASSET MANAGEMENT, LLC | New | $3.2m113.0k shares |
| CITADEL ADVISORS LLC | New | $893.7k31.5k 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 Q3 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 |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $112.9k | — |
| Q2 2025 | 0 | — | 2 | $1.3m | $1.3m |
| Q3 2025 | 0 | — | 3 | $6.7m | $6.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-02 | Miosi Salvatore A President & COO | Sold plan | $829.8k30.0k shares |
| 2025-08-07 | Mattke Timothy J. Chief Executive Officer, director | Sold plan | $3.7m139.2k shares |
| 2025-08-04 | Maggio Paula C EVP and General Counsel | Sold plan | $530.8k20.0k shares |
| 2025-08-01 | Miosi Salvatore A President & COO | Sold plan | $786.6k30.0k shares |
| 2025-07-01 | Miosi Salvatore A President & COO | Sold plan | $844.5k30.0k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.03% of their portfolio | 30.9m $877.6m | Added +12.6m |
| VANGUARD GROUP INC 0.01% of their portfolio | 30.8m $873.3m | Reduced -742.1k |
| BlackRock, Inc. 0.01% of their portfolio | 23.0m $653.5m | Reduced -77.0k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 14.1m $399.3m | Reduced -25.3k |
| LSV ASSET MANAGEMENT 0.65% of their portfolio | 10.3m $292.7m | Reduced -265.7k |
| AQR CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 8.8m $250.9m | Added +2.5m |
| STATE STREET CORP 0.01% of their portfolio | 8.1m $231.1m | Reduced -224.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 5.2m $153.6m | Added +485.2k |
| Allianz Asset Management GmbH 0.17% of their portfolio | 5.0m $140.8m | Reduced -436.3k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 4.6m $129.4m | Added +441.8k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 4.5m $128.6m | Reduced -2.8m |
| Clearbridge Investments, LLC 0.09% of their portfolio | 4.1m $116.6m | Reduced -50.5k |
| Caisse de depot et placement du Quebec 0.20% of their portfolio | 3.9m $111.9m | Added +667.9k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 3.1m $87.4m | Added +41.8k |
| Invesco Ltd. 0.01% of their portfolio | 2.9m $81.4m | Added +61.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.5m $71.9m | Reduced -163.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.4m $68.3m | Reduced -7.0k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 2.3m $66.1m | Reduced -327.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.2m $63.1m | Reduced -137.1k |
| NewEdge Wealth, LLC 0.86% of their portfolio | 2.1m $59.7m | Added +83.5k |
| MORGAN STANLEY 0.00% of their portfolio | 2.1m $59.8m | Reduced -220.6k |
| NFC Investments, LLC 14.85% of their portfolio | 1.8m $51.3m | Reduced -67.5k |
| UBS Group AG 0.01% of their portfolio | 1.7m $48.6m | Added +595.0k |
| ASSETMARK, INC 0.10% of their portfolio | 1.7m $47.5m | Added +1.5m |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 1.6m $46.4m | Added +238.5k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio | 1.6m $42.6m | Added +14.7k |
| BROWN ADVISORY INC 0.05% of their portfolio | 1.4m $40.5m | Reduced -45.3k |
| Robeco Institutional Asset Management B.V. 0.05% of their portfolio | 1.3m $37.9m | Added +275.6k |
| FMR LLC 0.00% of their portfolio | 1.3m $36.2m | Reduced -534.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $34.5m | Added +192.7k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.19% of their portfolio | 1.0m $29.7m | Unchanged |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 1.0m $28.8m | Added +499.7k |
| Quantinno Capital Management LP 0.08% of their portfolio | 1.0m $28.7m | Added +499.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 986.7k $28.0m | Reduced -311.9k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 939.8k $26.7m | Added +134.4k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 937.7k $26.6m | Reduced -106.9k |
| Bragg Financial Advisors, Inc 0.87% of their portfolio | 927.8k $26.3m | Added +2.6k |
| BARCLAYS PLC 0.01% of their portfolio | 922.9k $26.2m | Added +290.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 895.3k $25.4m | Reduced -472.8k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 815.7k $23.1m | Added +489.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 758.1k $21.5m | Reduced -41.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 752.0k $21.3m | Reduced -2.4m |
| ADVISORY RESEARCH INC 2.79% of their portfolio | 750.1k $21.3m | Added +105.3k |
| Nuveen, LLC 0.01% of their portfolio | 720.5k $20.4m | Added +305.2k |
| ALPS ADVISORS INC 0.11% of their portfolio | 701.9k $19.9m | Added +265.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 696.2k $19.7m | Reduced -364.0k |
| TUDOR INVESTMENT CORP ET AL 0.13% of their portfolio | 687.4k $19.5m | Added +353.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 664.8k $18.9m | Added +85.9k |
| HEARTLAND ADVISORS INC 1.00% of their portfolio | 664.6k $18.9m | Added +1.1k |
| Leeward Investments, LLC - MA 0.85% of their portfolio | 584.0k $16.6m | Reduced -13.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.05% of their portfolio | 568.3k $16.1m | Reduced -77.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 532.5k $15.1m | Added +7.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 515.9k $14.6m | Reduced -413.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 512.1k $14.5m | Reduced -26.1k |
| Legal & General Group Plc 0.00% of their portfolio | 484.8k $13.8m | Reduced -45.9k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 472.1k $13.4m | Added +71.5k |
| Treasurer of the State of North Carolina 0.04% of their portfolio | 465.1k $13.2m | Reduced -264.7k |
| Man Group plc 0.03% of their portfolio | 462.9k $13.1m | Added +108.4k |
| Swiss National Bank 0.01% of their portfolio | 460.3k $13.1m | Reduced -3.1k |
| AXA Investment Managers S.A. 0.03% of their portfolio | 455.5k $12.9m | First filing |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 443.1k $12.6m | Added +16.8k |
| Brandywine Global Investment Management, LLC 0.09% of their portfolio | 439.5k $12.5m | Reduced -74.5k |
| WESTPORT ASSET MANAGEMENT INC 5.19% of their portfolio | 439.0k $12.5m | Unchanged |
| DekaBank Deutsche Girozentrale 0.02% of their portfolio | 425.0k $12.0m | Unchanged |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 411.8k $11.7m | Reduced -7.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 408.8k $11.6m | Added +21.1k |
| HRT FINANCIAL LP 0.05% of their portfolio | 375.4k $10.7m | Added +184.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 370.0k $10.5m | Reduced -44.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 351.8k $10.0m | Reduced -253.7k |
| Permit Capital, LLC 3.04% of their portfolio | 341.4k $9.7m | Unchanged |
| IEQ CAPITAL, LLC 0.03% of their portfolio | 338.6k $9.6m | Reduced -19.4k |
| South Dakota Investment Council 0.19% of their portfolio | 338.5k $9.6m | Added +100.7k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 336.6k $9.6m | Added +132.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 320.6k $9.1m | Reduced -6.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 318.2k $9.0m | Reduced -12.4k |
| PANAGORA ASSET MANAGEMENT INC 0.04% of their portfolio | 307.2k $8.7m | Added +283.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 299.7k $8.5m | Reduced -183.0k |
| Cerity Partners LLC 0.01% of their portfolio | 297.8k $8.4m | Added +59.3k |
| FOSTER & MOTLEY INC 0.44% of their portfolio | 287.6k $8.2m | Added +5.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 284.7k $8.1m | Reduced -286.7k |
| Retirement Systems of Alabama 0.03% of their portfolio | 279.5k $7.9m | Reduced -11.5k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 274.1k $7.8m | Added +9.9k |
| Edgestream Partners, L.P. 0.23% of their portfolio | 272.3k $7.7m | Added +41.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio | 261.7k $7.4m | Added +33.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 260.8k $7.4m | Reduced -244.6k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 249.6k $7.1m | Reduced -209.0k |
| CITIGROUP INC 0.00% of their portfolio | 236.6k $6.7m | Reduced -59.4k |
| BOKF, NA 0.10% of their portfolio | 236.4k $6.7m | Added +51.9k |
| Arax Advisory Partners 0.10% of their portfolio | 234.8k $6.7m | Added +233.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 232.8k $6.6m | Reduced -159.8k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 230.0k $6.5m | Added +2.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 223.5k $6.3m | Reduced -14.6k |
| Cubist Systematic Strategies, LLC 0.08% of their portfolio | 210.5k $6.0m | New |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 203.9k $5.8m | Reduced -97.0k |
| Vest Financial, LLC 0.07% of their portfolio | 200.0k $5.7m | Reduced -343.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 189.7k $5.4m | Added +24.8k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 188.2k $5.3m | Added +4.5k |
| Corient Private Wealth LP 0.01% of their portfolio | 180.4k $5.1m | Reduced -120.4k |
| State of Alaska, Department of Revenue 0.05% of their portfolio | 175.4k $5.0m | Reduced -1.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 174.4k $4.9m | Added +12.2k |