MGIC Investment
MTG
260 hedge funds and large institutions have $2.41B invested in MGIC Investment in 2016 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 88 increasing their positions, 90 reducing their positions, and 35 closing their positions.
40% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 35
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
29% more capital invested
Capital invested by funds: $1.87B → $2.41B (+$545M)
24% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $12.8M
4% more funds holding
Funds holding: 249 → 260 (+11)
2% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 90
2.16% less ownership
Funds ownership: 91.96% → 89.8% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$43.5M |
| 2 |
Renaissance Technologies
New York
|
+$25.2M |
| 3 |
O
OppenheimerFunds
New York
|
+$19.2M |
| 4 |
Select Equity Group
New York
|
+$16M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$35.5M |
| 2 |
SIG
Senator Investment Group
New York
|
-$32M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$27.1M |
| 4 |
PFU
Parus Finance (UK)
London,
United Kingdom
|
-$20.3M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$20.1M |
MTG Hedge Fund Activity: Q3 2016 in Review
260 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in MGIC Investment (MTG) for Q3 2016, worth a combined $2.41B — up 29% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new MTG positions and 35 closed out — a net gain of 14 holders — while 88 added to existing stakes and 90 trimmed.
The largest buyer was ClearBridge Investments, opening a new position worth an estimated $43.5M. The largest seller was Chartwell Investment Partners, exiting entirely with an estimated $35.5M sold.
- 260 institutional investors held MGIC Investment (MTG) as of Q3 2016, up from 249 in Q2 2016.
- Funds reported $2.41B of MGIC Investment stock for Q3 2016, up 29% quarter-over-quarter.
- 49 funds opened new MGIC Investment positions in Q3 2016 and 35 closed out, a net change of +14 holders.
- The largest MGIC Investment buyer in Q3 2016 was ClearBridge Investments, an estimated $43.5M added.
- The largest MGIC Investment seller in Q3 2016 was Chartwell Investment Partners, an estimated $35.5M sold.
Based on aggregated 13F filings for Q3 2016.