JPMorgan reports 5.2% stake in MGIC
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.
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Rhea-AI Filing Summary
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.
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
Key Terms
beneficially owned regulatory
sole dispositive power regulatory
Schedule 13G/A regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake did JPMorgan report in MGIC (MTG)?
Which JPMorgan entities are named as holders in the Schedule 13G/A?
What voting and dispositive powers did JPMorgan report?
Is this filing an initial disclosure or an amendment?
AI-generated analysis. How Rhea-AI works. Not financial advice.