RADIAN GROUP INC RDN
COM · Common Stock · CUSIP 750236101
Mortgage insurance company
- SectorFinancials
- IndustrySurety Insurance
- HeadquartersWayne, PA
- Founded1977
- 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 ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 132.3m as of 2026-08-05, 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 ≈ $37.62. Options: 5 managers hold calls ($2.2m notional), 0 hold puts (—).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 268 |
| Q4 2022 | 279 |
| Q1 2023 | 275 |
| Q2 2023 | 288 |
| Q3 2023 | 300 |
| Q4 2023 | 330 |
| Q1 2024 | 317 |
| Q2 2024 | 320 |
| Q3 2024 | 326 |
| Q4 2024 | 328 |
| Q1 2025 | 341 |
| Q2 2025 | 350 |
| Q3 2025 | 377 |
| Q4 2025 | 374 |
| Q1 2026 | 381 |
| Q2 2026 | 391 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 124 | 169 |
| Q4 2024 | 140 | 157 |
| Q1 2025 | 152 | 164 |
| Q2 2025 | 134 | 183 |
| Q3 2025 | 183 | 155 |
| Q4 2025 | 172 | 164 |
| Q1 2026 | 208 | 168 |
| Q2 2026 | 212 | 162 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $6.7m | $2.0m | 0.30 |
| Q4 2025 | $2.6m | $266.3k | 0.10 |
| Q1 2026 | $1.4m | $354.0k | 0.25 |
| Q2 2026 | $2.2m | $0 | 0.00 |
Biggest buyers
| Caisse de depot et placement du Quebec | Added | +1.0m |
| MetLife Investment Management, LLC | Added | +581.7k |
| Nuveen, LLC | Added | +575.8k |
| JPMORGAN CHASE & CO | Added | +536.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +536.1k |
| AEGIS FINANCIAL CORP | Added | +522.2k |
| PRUDENTIAL FINANCIAL INC | Added | +466.0k |
| MORGAN STANLEY | Added | +383.2k |
| BlackRock, Inc. | Added | +382.3k |
| DANSKE BANK A/S | Added | +318.4k |
Biggest sellers
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.5m |
| Balyasny Asset Management L.P. | Sold out | -827.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -729.8k |
| FIRST TRUST ADVISORS LP | Reduced | -564.4k |
| HRT FINANCIAL LP | Reduced | -535.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -508.8k |
| Point72 Asset Management, L.P. | Reduced | -461.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -451.0k |
| VIRGINIA RETIREMENT SYSTEMS ET Al | Reduced | -431.3k |
| Cander Asset Management LP | Reduced | -359.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.5m41.1k shares |
| IMC-Chicago, LLC | New | $316.4k8.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $293.8k7.8k shares |
| SIMPLEX TRADING, LLC | Added | $7.5k200 shares |
| GROUP ONE TRADING LLC | New | $3.8k100 shares |
Biggest puts
| None |
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 2025-02-05 | 14.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 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 since 1 Apr 2026
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 2024 | 0 | — | 2 | $2.4m | $1.4m |
| Q1 2025 | 0 | — | 2 | $2.1m | $2.0m |
| Q2 2025 | 0 | — | 6 | $5.3m | $3.8m |
| Q3 2025 | 0 | — | 2 | $2.5m | $2.5m |
| Q4 2025 | 0 | — | 2 | $1.2m | $664.8k |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 1 | $5.8m | 6 | $2.8m | $2.2m |
| Q3 2026 | 0 | — | 2 | $1.1m | $1.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-14 | Bartholomew Meghan Sr EVP Co-Head Radian Guaranty | Sold plan | $280.8k7.8k shares |
| 2026-07-14 | Hoffman Edward J Sr EVP, General Counsel | Sold plan | $780.0k20.0k shares |
| 2026-06-03 | Conner Brad L. Director | Sold | $40.7k1.2k shares |
| 2026-06-03 | Bartholomew Meghan Sr. EVP, Co-Head of MI | Sold | $331 shares |
| 2026-06-02 | Weinbach Michael S Chief Executive Officer- Elect | Bought | $1.7m49.5k shares |
| 2026-06-01 | Weinbach Michael S Chief Executive Officer- Elect | Bought | $4.1m120.5k shares |
| 2026-05-29 | Leyden Margaret Anne Director | Sold | $71.6k2.1k shares |
| 2026-05-27 | CULANG HOWARD BERNARD Director | Sold | $130.0k3.6k shares |
| 2026-05-26 | CULANG HOWARD BERNARD Director | Sold | $181.0k5.0k shares |
| 2026-05-26 | Spiegel Noel Joseph Director | Sold | $174.9k4.8k shares |
| 2026-05-08 | Hoffman Edward J Sr EVP, General Counsel | Sold plan | $570.0k15.0k shares |
| 2026-04-29 | Hoffman Edward J Sr EVP, General Counsel | Sold plan | $555.0k15.0k shares |
| 2026-04-23 | Hoffman Edward J Sr EVP, General Counsel | Sold plan | $540.0k15.0k shares |
| 2026-04-17 | Hoffman Edward J Sr EVP, General Counsel | Sold plan | $455.3k13.0k shares |
| 2026-04-10 | Hoffman Edward J Sr EVP, General Counsel | Sold plan | $69.7k2.0k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 19.3m $728.1m | Added +382.3k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 9.2m $348.1m | Reduced -106.2k |
| LSV ASSET MANAGEMENT 0.44% of their portfolio | 6.4m $240.8m | Added +242.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 6.1m $228.7m | Added +122.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 6.0m $225.7m | Reduced -80.9k |
| STATE STREET CORP 0.01% of their portfolio | 6.0m $225.1m | Added +223.6k |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 5.1m $192.9m | Added +536.1k |
| DONALD SMITH & CO., INC. 2.89% of their portfolio | 4.3m $163.1m | Reduced -276.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.6m $135.0m | Added +166.6k |
| Caisse de depot et placement du Quebec 0.13% of their portfolio | 2.4m $89.3m | Added +1.0m |
| NORGES BANK 0.01% of their portfolio | 2.2m $84.2m | Not comparable |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 2.1m $77.8m | Reduced -36.4k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.21% of their portfolio | 2.0m $75.4m | Reduced -77.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.9m $72.2m | Reduced -36.9k |
| MORGAN STANLEY 0.00% of their portfolio | 1.9m $71.7m | Added +383.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.7m $65.7m | Added +536.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.7m $64.3m | Added +66.7k |
| Polar Capital Holdings Plc 0.18% of their portfolio | 1.7m $62.5m | Added +160.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 1.7m $62.3m | Reduced -7.6k |
| BRUNI J V & CO /CO 5.42% of their portfolio | 1.6m $59.4m | Reduced -13.6k |
| Nuveen, LLC 0.01% of their portfolio | 1.4m $53.7m | Added +575.8k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 1.3m $42.8m | Reduced -114.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.27% of their portfolio | 1.2m $45.6m | Reduced -431.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $43.7m | Reduced -39.1k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 1.1m $43.0m | Added +252.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $42.8m | Added +11.9k |
| River Road Asset Management, LLC 0.45% of their portfolio | 1.1m $40.7m | Reduced -46.3k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 931.0k $35.1m | Added +466.0k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 881.8k $33.2m | Added +4.1k |
| FMR LLC 0.00% of their portfolio | 874.5k $32.9m | Added +249.6k |
| AEGIS FINANCIAL CORP 4.86% of their portfolio | 817.5k $30.8m | Added +522.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 695.3k $26.2m | Added +88.4k |
| Invesco Ltd. 0.00% of their portfolio | 681.9k $25.7m | Added +82.7k |
| MetLife Investment Management, LLC 0.11% of their portfolio | 655.6k $24.7m | Added +581.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 649.4k $24.5m | Added +27.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 642.8k $24.2m | Reduced -15.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 591.5k $22.3m | Reduced -166.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 584.0k $22.0m | Reduced -14.8k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 582.1k $21.9m | Reduced -15.9k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 559.1k $21.1m | Added +52.9k |
| Interval Partners, LP 0.63% of their portfolio | 520.6k $19.6m | Added +76.1k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio | 514.8k $19.0m | Added +16.3k |
| ALPS ADVISORS INC 0.09% of their portfolio | 502.9k $18.9m | Reduced -10.4k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 464.4k $17.5m | Reduced -451.0k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 459.6k $17.3m | Added +279.8k |
| Man Group plc 0.03% of their portfolio | 420.3k $15.8m | Reduced -125.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 419.6k $15.8m | Added +1.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 379.9k $14.3m | Reduced -42.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 373.6k $14.1m | Reduced -29.7k |
| GLENMEDE TRUST CO NA 0.06% of their portfolio | 362.7k $13.7m | Reduced -13.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 347.0k $13.1m | Added +165.9k |
| UBS Group AG 0.00% of their portfolio | 334.6k $12.6m | Added +20.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 329.4k $12.4m | Reduced -729.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 328.4k $12.4m | Reduced -92.0k |
| Legal & General Group Plc 0.00% of their portfolio | 323.3k $12.2m | Reduced -2.1k |
| DANSKE BANK A/S 0.02% of their portfolio | 318.5k $12.0m | Added +318.4k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 311.6k $11.7m | Reduced -564.4k |
| SKBA CAPITAL MANAGEMENT LLC 1.88% of their portfolio | 303.2k $11.4m | Reduced -76.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 302.4k $11.4m | Reduced -5.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 300.3k $11.3m | Added +41.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 299.1k $11.3m | Added +10.4k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 297.1k $11.2m | Added +143.6k |
| Squarepoint Ops LLC 0.02% of their portfolio | 280.5k $10.6m | Reduced -86.1k |
| Swiss National Bank 0.01% of their portfolio | 273.4k $10.3m | Added +5.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.07% of their portfolio | 264.8k $10.0m | Added +178.9k |
| South Dakota Investment Council 0.16% of their portfolio | 248.7k $9.4m | Added +22.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 219.4k $8.3m | Reduced -20.6k |
| Cander Asset Management LP 1.39% of their portfolio | 198.8k $7.5m | Reduced -359.9k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 197.9k $7.5m | Reduced -38.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 189.4k $7.1m | Reduced -262.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 184.7k $7.0m | Reduced -1.5k |
| GREAT LAKES ADVISORS, LLC 0.05% of their portfolio | 183.6k $6.9m | Added +30.5k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 176.9k $6.7m | Added +149.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 172.8k $6.5m | Added +44.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 171.3k $5.7m | Added +4.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 170.5k $6.4m | Reduced -40.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 166.5k $6.3m | Reduced -3.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 165.4k $6.2m | Added +23.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 156.6k $5.9m | Reduced -13.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 156.1k $5.9m | Added +71.5k |
| NFJ INVESTMENT GROUP, LLC 0.20% of their portfolio | 156.0k $5.9m | Added +77.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 152.1k $5.7m | Reduced -1.5m |
| INTECH INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 152.0k $5.7m | Added +64.0k |
| RBF Capital, LLC 0.24% of their portfolio | 150.0k $5.7m | Added +10.0k |
| FIFTH THIRD BANCORP 0.01% of their portfolio | 147.6k $5.6m | Reduced -9.3k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 146.0k $5.5m | Added +3.6k |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 142.3k $5.4m | Reduced -62.4k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 133.3k $4.4m | Unchanged |
| WESTPORT ASSET MANAGEMENT INC 2.01% of their portfolio | 130.4k $4.9m | Unchanged |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 127.5k $4.8m | Added +9.5k |
| BESSEMER GROUP INC 0.01% of their portfolio | 124.6k $4.7m | Added +56 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 121.6k $4.6m | Added +67.6k |
| Dana Investment Advisors, Inc. 0.12% of their portfolio | 119.7k $4.5m | Reduced -775 |
| Creative Planning 0.00% of their portfolio | 118.5k $4.5m | Added +33.6k |
| HRT FINANCIAL LP 0.01% of their portfolio | 115.2k $4.3m | Reduced -535.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 110.9k $4.2m | Added +2.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 110.3k $4.2m | Reduced -47.7k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 110.1k $4.1m | Reduced -2.8k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 107.0k $4.0m | Reduced -4.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 104.7k $3.9m | Reduced -3.7k |