Cliff Asness's MTG Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 10.99 M shares of MGIC Investment Corporation (MTG) worth $288.44 M, representing 0.13% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 54 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in MTG, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2019, adding 3.92 M shares. Largest reduction occurred in Q2 2020, reducing 4.47 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's MGIC Investment Corporation (MTG) Holding Value Over Time
Track share changes against reported price movement
Quarterly MGIC Investment Corporation (MTG) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | -628,120 | Reduce 5.41% | 10.99 M | $26.25 |
| Q4 2025 | +2.77 M | Add 31.34% | 11.62 M | $29.22 |
| Q3 2025 | +2.51 M | Add 39.66% | 8.84 M | $28.37 |
| Q2 2025 | +3.04 M | Add 92.40% | 6.33 M | $27.84 |
| Q1 2025 | +605,342 | Add 22.53% | 3.29 M | $24.45 |
| Q4 2024 | -180,682 | Reduce 6.30% | 2.69 M | $23.71 |
| Q3 2024 | -128,279 | Reduce 4.28% | 2.87 M | $25.30 |
| Q2 2024 | -470,428 | Reduce 13.57% | 3 M | $21.51 |
| Q1 2024 | -420,604 | Reduce 10.82% | 3.47 M | $22.36 |
| Q4 2023 | -347,181 | Reduce 8.20% | 3.89 M | $19.29 |
| Q3 2023 | +985,512 | Add 30.34% | 4.23 M | $16.69 |
| Q2 2023 | +147,047 | Add 4.74% | 3.25 M | $15.73 |
| Q1 2023 | +1.35 M | Add 77.57% | 3.1 M | $13.31 |
| Q4 2022 | +961,877 | Add 122.62% | 1.75 M | $12.98 |
| Q3 2022 | -112,687 | Reduce 12.56% | 784,449 | $12.82 |
| Q2 2022 | +842,349 | Add 1537.50% | 897,136 | $12.41 |
| Q1 2022 | -86,306 | Reduce 61.17% | 54,787 | $13.54 |
| Q4 2021 | -140,904 | Reduce 49.97% | 141,093 | $14.40 |
| Q3 2021 | +28,086 | Add 11.06% | 281,997 | $14.96 |
| Q2 2021 | +106,162 | Add 71.85% | 253,911 | $13.59 |
| Q1 2021 | -18,439 | Reduce 11.10% | 147,749 | $13.84 |
| Q4 2020 | -983,550 | Reduce 85.55% | 166,188 | $12.28 |
| Q3 2020 | -271,961 | Reduce 19.13% | 1.15 M | $8.86 |
| Q2 2020 | -4.47 M | Reduce 75.85% | 1.42 M | $8.05 |
| Q1 2020 | -2.47 M | Reduce 29.59% | 5.89 M | $6.35 |
| Q4 2019 | +1.62 M | Add 24.04% | 8.36 M | $14.17 |
| Q3 2019 | +3.92 M | Add 139.02% | 6.74 M | $12.58 |
| Q2 2019 | -88,657 | Reduce 3.05% | 2.82 M | $13.14 |
| Q1 2019 | +545,636 | Add 23.09% | 2.91 M | $13.19 |
| Q4 2018 | +97,013 | Add 4.28% | 2.36 M | $10.46 |
| Q3 2018 | +104,438 | Add 4.83% | 2.27 M | $13.31 |
| Q2 2018 | -434,652 | Reduce 16.74% | 2.16 M | $10.72 |
| Q1 2018 | -430,011 | Reduce 14.21% | 2.6 M | $13.00 |
| Q4 2017 | -284,296 | Reduce 8.59% | 3.03 M | $14.11 |
| Q3 2017 | +132,613 | Add 4.17% | 3.31 M | $12.53 |
| Q2 2017 | +827,522 | Add 35.21% | 3.18 M | $11.20 |
| Q1 2017 | -326,565 | Reduce 12.20% | 2.35 M | $10.13 |
| Q4 2016 | -281,910 | Reduce 9.53% | 2.68 M | $10.19 |
| Q3 2016 | +717,339 | Add 32.00% | 2.96 M | $8.00 |
| Q2 2016 | +1.49 M | Add 196.59% | 2.24 M | $5.95 |
| Q1 2016 | +395,799 | Add 109.94% | 755,814 | $7.67 |
| Q4 2015 | +159,261 | Add 79.33% | 360,015 | $8.83 |
| Q3 2015 | -107,821 | Reduce 34.94% | 200,754 | $9.26 |
| Q2 2015 | +74,375 | Add 31.76% | 308,575 | $11.38 |
| Q1 2015 | +125,300 | Add 115.06% | 234,200 | $9.63 |
| Q4 2014 | -54,428 | Reduce 33.32% | 108,900 | $9.32 |
| Q3 2014 | -344,283 | Reduce 67.82% | 163,328 | $7.81 |
| Q2 2014 | -113,972 | Reduce 18.34% | 507,611 | $9.24 |
| Q1 2014 | +124,895 | Add 25.15% | 621,583 | $8.52 |
| Q4 2013 | -391,772 | Reduce 44.10% | 496,688 | $8.44 |
| Q3 2013 | +1,410 | Add 0.16% | 888,460 | $7.28 |
| Q2 2013 | +887,050 | Add 0.00% | 887,050 | $6.07 |
| Q4 2012 | +1.45 M | Add 0.00% | 1.45 M | $2.66 |
Cliff Asness's MGIC Investment Corporation Investment FAQs
Cliff Asness first purchased MGIC Investment Corporation (MTG) in Q4 2012, acquiring 1,446,993 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held MGIC Investment Corporation (MTG) for 54 quarters since Q4 2012.
Cliff Asness's largest addition to MGIC Investment Corporation (MTG) was in Q3 2019, adding 6,740,600 shares worth $84.8 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 10,988,162 shares of MGIC Investment Corporation (MTG), valued at approximately $288.44 M.
As of the Q1 2026 filing, MGIC Investment Corporation (MTG) represents approximately 0.13% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in MGIC Investment Corporation (MTG) was 11,616,282 shares, as reported at the end of Q4 2025.