MGIC Investment
243 hedge funds and large institutions have $2.51B 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
5.53% less ownership
Funds ownership: 101.61% → 96.08% (-5.5%)
6% less funds holding
Funds holding: 259 → 243 (-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 → $2.51B (-$540M)
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 |
MTG Hedge Fund Activity: Q1 2016 in Review
243 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in MGIC Investment (MTG) for Q1 2016, worth a combined $2.51B — 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.
- 243 institutional investors held MGIC Investment (MTG) as of Q1 2016, down from 259 in Q4 2015.
- Funds reported $2.51B 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.