MGIC Investment
221 hedge funds and large institutions have $2.73B invested in MGIC Investment in 2013 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 90 reducing their positions, and 24 closing their positions.
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
31% more capital invested
Capital invested by funds: $2.08B → $2.73B (+$653M)
19% more call options, than puts
Call options by funds: $87.4M | Put options by funds: $73.3M
5% more funds holding
Funds holding: 211 → 221 (+10)
4.28% more ownership
Funds ownership: 84.62% → 88.9% (+4.3%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
30% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$62.5M |
| 2 |
CRAM
Claren Road Asset Management
New York
|
+$31.9M |
| 3 |
Renaissance Technologies
New York
|
+$19.6M |
| 4 |
MAC
Monarch Alternative Capital
New York
|
+$15.7M |
| 5 |
SCM
Stonehill Capital Management
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$33.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$10.7M |
| 3 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$8.95M |
| 4 |
CC
Coastland Capital
Palo Alto,
California
|
-$8.89M |
| 5 |
D.E. Shaw & Co
New York
|
-$7.75M |
MTG Hedge Fund Activity: Q4 2013 in Review
221 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in MGIC Investment (MTG) for Q4 2013, worth a combined $2.73B — up 31% from $2.08B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MTG positions and 24 closed out — a net gain of 12 holders — while 63 added to existing stakes and 90 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $62.5M. The largest seller was PFM Health Sciences, exiting entirely with an estimated $33.1M sold.
- 221 institutional investors held MGIC Investment (MTG) as of Q4 2013, up from 211 in Q3 2013.
- Funds reported $2.73B of MGIC Investment stock for Q4 2013, up 31% quarter-over-quarter.
- 36 funds opened new MGIC Investment positions in Q4 2013 and 24 closed out, a net change of +12 holders.
- The largest MGIC Investment buyer in Q4 2013 was Goldman Sachs, an estimated $62.5M added.
- The largest MGIC Investment seller in Q4 2013 was PFM Health Sciences, an estimated $33.1M sold.
Based on aggregated 13F filings for Q4 2013.