MGIC Investment
242 hedge funds and large institutions have $2.49B invested in MGIC Investment in 2016 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 89 increasing their positions, 90 reducing their positions, and 46 closing their positions.
54% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $8.09M
1% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 90
5.69% less ownership
Funds ownership: 101.78% → 96.08% (-5.7%)
6% less funds holding
Funds holding: 258 → 242 (-16)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
18% less capital invested
Capital invested by funds: $3.05B → $2.49B (-$560M)
28% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$34.9M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$29.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$21.9M |
| 5 |
CRM
Capital Returns Management
Rye,
New York
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
-$65.9M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$54.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$37.7M |
| 4 |
BRC
Blue Ridge Capital
New York
|
-$26M |
| 5 |
SIG
Senator Investment Group
New York
|
-$23.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
276
Martingale Asset Management
Boston,
Massachusetts
| – | -$121K | -13,650 | Closed |
|
277
Daiwa Securities Group
Tokyo,
Japan
| – | -$114K | -12,900 | Closed |
|
|
SKK
278
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$109K | -12,335 | Closed |
|
|
PTC
279
Petrus Trust Company
Dallas,
Texas
| – | -$101K | -11,461 | Closed |
|
|
VAM
280
Visium Asset Management
New York
| – | -$97K | -11,028 | Closed |
|
|
BOH
281
Bank of Hawaii
Honolulu,
Hawaii
| – | -$97K | -10,930 | Closed |
|
282
Simplex Trading
Chicago,
Illinois
| – | -$24.7K | -3,449 | Closed |
|
|
IA
283
IFP Advisors
Tampa,
Florida
| – | -$28K | -3,118 | Closed |
|
|
HNB
284
Huntington National Bank
Columbus,
Ohio
| – | -$19K | -2,176 | Closed |
|
|
WCM
285
Wealthcare Capital Management
Richmond,
Virginia
| – | -$19K | -2,145 | Closed |
|
|
KT
286
Kanaly Trust
Houston,
Texas
| – | -$3K | -292 | Closed |
|
|
CFG
287
Citizens Financial Group
Providence,
Rhode Island
| – | -$2K | -276 | Closed |
|
MTG Hedge Fund Activity: Q1 2016 in Review
242 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MGIC Investment (MTG) for Q1 2016, worth a combined $2.49B — down 18% from $3.05B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of MTG and 33 opened new positions — a net loss of 13 holders — while 90 trimmed existing stakes and 89 added.
The largest buyer was Chartwell Investment Partners, adding an estimated $34.9M. The largest seller was Conatus Capital Management, exiting entirely with an estimated $65.9M sold.
- 242 institutional investors held MGIC Investment (MTG) as of Q1 2016, down from 258 in Q4 2015.
- Funds reported $2.49B of MGIC Investment stock for Q1 2016, down 18% quarter-over-quarter.
- 33 funds opened new MGIC Investment positions in Q1 2016 and 46 closed out, a net change of -13 holders.
- The largest MGIC Investment buyer in Q1 2016 was Chartwell Investment Partners, an estimated $34.9M added.
- The largest MGIC Investment seller in Q1 2016 was Conatus Capital Management, an estimated $65.9M sold.
Based on aggregated 13F filings for Q1 2016.