MGIC Investment
MTG
371 hedge funds and large institutions have $4.35B invested in MGIC Investment in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 129 increasing their positions, 138 reducing their positions, and 33 closing their positions.
45% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 33
4% more funds holding
Funds holding: 358 → 371 (+13)
4% more capital invested
Capital invested by funds: $4.19B → $4.35B (+$158M)
0.72% less ownership
Funds ownership: 92.73% → 92.02% (-0.72%)
7% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 138
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
54% less call options, than puts
Call options by funds: $1.25M | Put options by funds: $2.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$29.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$17.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.7M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$13.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$61.5M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$56.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$18.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.3M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$15.9M |
MTG Hedge Fund Activity: Q3 2023 in Review
371 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MGIC Investment (MTG) for Q3 2023, worth a combined $4.35B — up 3.8% from $4.19B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new MTG positions and 33 closed out — a net gain of 15 holders — while 129 added to existing stakes and 138 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $29.7M. The largest seller was Wellington Management Group, cutting an estimated $61.5M.
- 371 institutional investors held MGIC Investment (MTG) as of Q3 2023, up from 358 in Q2 2023.
- Funds reported $4.35B of MGIC Investment stock for Q3 2023, up 3.8% quarter-over-quarter.
- 48 funds opened new MGIC Investment positions in Q3 2023 and 33 closed out, a net change of +15 holders.
- The largest MGIC Investment buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $29.7M added.
- The largest MGIC Investment seller in Q3 2023 was Wellington Management Group, an estimated $61.5M sold.
Based on aggregated 13F filings for Q3 2023.