Brevan Howard Boosts Stake in MGIC Investment

Institutional investor increases position in mortgage insurance provider by nearly 500%

Mar. 16, 2026 at 8:53am

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Brevan Howard Capital Management LP significantly increased its stake in MGIC Investment Corporation (NYSE:MTG), the mortgage insurance provider, by acquiring an additional 137,564 shares during the third quarter. This represents a 467.9% increase in Brevan Howard's position, bringing its total ownership to 166,962 shares or 0.07% of the company.

Why it matters

MGIC Investment is a leading provider of private mortgage insurance in the United States, playing a key role in enabling homeownership by protecting lenders against loan defaults. Brevan Howard's substantial increase in its stake suggests the institutional investor sees significant value and growth potential in the company.

The details

According to a 13F filing with the SEC, Brevan Howard Capital Management LP acquired 137,564 additional shares of MGIC Investment during the third quarter, bringing its total position to 166,962 shares. This represents a 467.9% increase in the firm's stake in the mortgage insurance provider.

  • Brevan Howard increased its MGIC Investment holdings during the 3rd quarter of 2026.

The players

Brevan Howard Capital Management LP

An institutional investment management firm that has significantly increased its stake in MGIC Investment Corporation.

MGIC Investment Corporation

A leading provider of private mortgage insurance in the United States, helping lenders manage credit risk and facilitate homeownership.

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The takeaway

Brevan Howard's substantial increase in its MGIC Investment holdings suggests the firm sees strong growth potential in the mortgage insurance provider, which plays a crucial role in enabling homeownership by protecting lenders against loan defaults.