JPMorgan Chase & Co. filed an Amendment No. 3 to a Schedule 13G/A reporting beneficial ownership of 11,200,879 shares of MGIC Investment Corporation common stock, representing 5.2% of the class. The filing lists voting and dispositive powers: sole voting power 10,207,232, sole dispositive power 11,199,531, and small shared powers. The filing identifies several JPMorgan subsidiaries associated with the holdings and is signed by a company officer.
Positive
None.
Negative
None.
Insights
JPMorgan reports a disclosed >5% passive stake in MGIC (5.2%).
The filing states 11,200,879 shares beneficially owned and quantifies voting and dispositive powers held directly by JPMorgan entities. This is a routine institutional ownership disclosure under Schedule 13G/A procedures.
Because the position crosses the 5% threshold, subsequent filings or amendments could follow if holdings or voting powers change; timing and cash‑flow treatment are not included in the excerpt.
Amendment lists specific JPMorgan subsidiaries and exact control figures.
The filing names multiple affiliates (for example, J.P. Morgan Trust Company of Delaware and J.P. Morgan Securities LLC) and provides precise counts for sole/shared voting and dispositive power. That level of detail aligns with Item 7 disclosure expectations for parent/affiliate holdings.
Investors should note the document is an amendment; any change in the numbers would require further amendment filings.
Key Figures
Beneficial ownership:11,200,879 sharesPercent of class:5.2 %Sole voting power:10,207,232 shares+3 more
6 metrics
Beneficial ownership11,200,879 sharesAmount beneficially owned per Item 4
Percent of class5.2 %Percent of class per Item 4
Sole voting power10,207,232 sharesSole power to vote per Item 4
Shared voting power77 sharesShared power to vote per Item 4
Sole dispositive power11,199,531 sharesSole power to dispose per Item 4
Shared dispositive power721 sharesShared power to dispose per Item 4
Key Terms
beneficially owned, sole dispositive power, Schedule 13G/A, shared voting power
4 terms
beneficially ownedregulatory
"Amount beneficially owned: 11200879"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 11199531"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/Aregulatory
"Amendment No. 3 to a Schedule 13G/A reporting"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
shared voting powerregulatory
"Shared power to vote or to direct the vote: 77"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
JPMorgan reported beneficial ownership of 11,200,879 shares, equal to 5.2%. The filing lists the share count and percent of class and details voting and dispositive power amounts held by JPMorgan entities.
Which JPMorgan entities are named as holders in the Schedule 13G/A?
The amendment lists multiple affiliates including J.P. Morgan Trust Company of Delaware and J.P. Morgan Securities LLC. Several asset management and bank subsidiaries are identified as the relevant entities associated with the reported holdings.
What voting and dispositive powers did JPMorgan report?
Reported powers: sole voting 10,207,232; shared voting 77; sole dispositive 11,199,531; shared dispositive 721. Those figures appear as the specific counts in Item 4 of the filing.
Is this filing an initial disclosure or an amendment?
This is an Amendment No. 3 to a Schedule 13G/A. The label indicates it updates a prior Schedule 13G/A previously filed, and it is signed and dated by a JPMorgan officer.
Does the filing state whether JPMorgan will buy or sell more MGIC shares?
The filing lists current ownership counts and powers but does not state any planned purchases or sales. The amendment format reports holdings as of the filing and does not specify trading intent or future transactions.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
MGIC Investment Corporation
(Name of Issuer)
Common stock, par value $1 per share
(Title of Class of Securities)
552848103
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
552848103
1
Names of Reporting Persons
JPMORGAN CHASE & CO.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
10,207,232.00
6
Shared Voting Power
77.00
7
Sole Dispositive Power
11,199,531.00
8
Shared Dispositive Power
721.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,200,879.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.2 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MGIC Investment Corporation
(b)
Address of issuer's principal executive offices:
250 E. Kilbourn Avenue Milwaukee WI 53202
Item 2.
(a)
Name of person filing:
JPMORGAN CHASE & CO.
(b)
Address or principal business office or, if none, residence:
270 Park Avenue,,New York, NY 10017
(c)
Citizenship:
DE
(d)
Title of class of securities:
Common stock, par value $1 per share
(e)
CUSIP No.:
552848103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
11200879
(b)
Percent of class:
5.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
10207232
(ii) Shared power to vote or to direct the vote:
77
(iii) Sole power to dispose or to direct the disposition of:
11199531
(iv) Shared power to dispose or to direct the disposition of:
721
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
J.P. Morgan Trust Company of Delaware;
J.P. Morgan Securities LLC;
JPMorgan Asset Management (Asia Pacific) Limited;
JPMorgan Asset Management (Singapore) Limited;
JPMorgan Asset Management (UK) Limited;
JPMorgan Chase Bank, National Association;
J.P. Morgan Investment Management Inc.;
JPMorgan Asset Management (Japan) Limited;
55I, LLC
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
