Radian Group

RDN • NYSE

Radian Group is a insurance - specialty company in the financial services sector on NYSE, led by Mary Dickerson, with a market cap of $4.9B. As of Q3 2025, 91% of shares are held by 368 institutional investors, with BlackRock, Inc. as the largest holder at 13.92%.

Senior Executive Vice President, Chief People and Operating OfficerMary Dickerson

Market Cap$4.9B

Insurance - Specialty

Financial Services

Employees1.1K

Websiteradian.com

Country

United States of America

Overview

Overview of institutional ownership in RDN as of Q3 2025 with a market cap of $4.9B

All Institutions

Institutions: 368
Value Held: $4.5B
Shares Held: 124.0M
Avg Position: $12.2M
Median Position: $794.3K

Hedge Funds

Hedge Funds: 42
Value Held: $388.9M
Shares Held: 10.7M
Avg Position: $9.3M
Median Position: $2.0M

Ownership Breakdown

Institutional (non-HF)

83.56%

$4.1B

Hedge Funds

7.93%

$388.9M

Retail & Other

8.51%

$417.6M

Based on market cap of $4.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in RDN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$682.8M 0.01% of portfolio	13.92% 18.9M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$589.4M 0.01% of portfolio	12.01% 16.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$216.4M 0.48% of portfolio	4.41% 6.0M shares	Q3 2014 Held for 11y 2m	$45.1B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$213.6M 0.03% of portfolio	4.35% 5.9M shares	≤ Q2 2013 Held for 12y 5m+	$620.51B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$212.1M 0.01% of portfolio	4.32% 5.9M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$197.2M 0.04% of portfolio	4.02% 5.4M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
A AMERICAN CENTURY COMPANIES INC Institution	-	$145.6M 0.07% of portfolio	2.97% 4.0M shares	Q4 2018 Held for 6y 11m	$195.93B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$131.4M 0.11% of portfolio	2.68% 3.6M shares	≤ Q2 2013 Held for 12y 5m+	$122.08B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$116.6M 0.01% of portfolio	2.38% 3.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	Raife Brandon Giovinazzo Managing Partner	$85.3M 0.29% of portfolio	1.74% 2.4M shares	Q4 2021 Held for 3y 11m	$29.4B

Net Capital Flow

Institutional buying and selling activity for RDN in Q3 2025

Traded: +$39.0M
Buyers: 182
Sellers: 153
Total Bought: +$356.3M
Total Sold: −$317.4M
Avg Position: $11.2M

Biggest Buyers

Institution	Net Bought	Current Position
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$43.7M +1.2M shares	$52.9M 1.5M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$40.9M +1.1M shares	$67.8M 1.9M shares
DONALD SMITH & CO., INC. Long Only Manager	+$37.3M +1.0M shares	$75.9M 2.1M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$17.8M +490.9K shares	$131.4M 3.6M shares
VANGUARD GROUP INC Institution	+$15.5M +427.5K shares	$589.4M 16.3M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$13.6M +376.5K shares	$36.5M 1.0M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$12.0M +330.3K shares	$19.3M 534.2K shares
Compass Rose Asset Management, LP Hedge Fund•Credit Arb	+$10.0M +275.0K shares	$10.0M 275.0K shares
D D. E. Shaw & Co., Inc. Institution	+$9.4M +258.9K shares	$28.4M 783.7K shares
C Capitolis Liquid Global Markets LLC Private Equity	+$8.5M +233.3K shares	$18.0M 497.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$38.5M −1.1M shares	$37.0M 1.0M shares
AMERIPRISE FINANCIAL INC Institution	−$25.3M −698.8K shares	$20.3M 560.4K shares
B BlackRock, Inc. Institution	−$21.3M −588.7K shares	$682.8M 18.9M shares
FIRST TRUST ADVISORS LP ETF Provider	−$16.3M −451.0K shares	$68.0M 1.9M shares
H HRT FINANCIAL LLC Institution	−$15.8M −434.9K shares	$11.1M 305.3K shares
NORTHERN TRUST CORP Institution	−$11.4M −314.5K shares	$62.1M 1.7M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$9.9M −273.3K shares	$3.4M 94.1K shares
C Cubist Systematic Strategies, LLC Institution	−$9.8M −271.8K shares	Sold Off 0 shares
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	−$8.1M −224.7K shares	$85.3M 2.4M shares
A AXA Institution	−$7.8M −216.0K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited RDN in Q3 2025

New Positions: 23
New Value: $15.6M
Exited Positions: 29
Exited Value: $53.6M

New Positions

Institution	Position Value
Compass Rose Asset Management, LP Hedge Fund•Credit Arb	$10.0M 275.0K shares
Advisors Preferred, LLC Institution	$2.8M 78.3K shares
S Steamboat Capital Partners, LLC Hedge Fund•Long/Short	$1.8M 49.3K shares
C Colony Group, LLC Institution	$497.2K 13.7K shares
Merit Financial Group, LLC RIA/Wealth	$217.9K 6.0K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	$200.7K 5.5K shares
S Salomon & Ludwin, LLC Institution	$32.8K 911.0 shares
FINANCIAL CONSULATE, INC RIA/Wealth	$29.3K 808.0 shares
R Root Financial Partners, LLC RIA/Wealth	$20.0K 553.0 shares
Sontag Advisory, LLC RIA/Wealth	$14.2K 391.0 shares

Exited Positions

Institution	Previous Position
C Cubist Systematic Strategies, LLC Institution	$9.8M 271.8K shares
A AXA Institution	$7.8M 216.0K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$7.7M 212.9K shares
Trexquant Investment LP Hedge Fund•Quant	$6.2M 172.2K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$5.0M 138.1K shares
DENALI ADVISORS LLC Long Only Manager	$3.0M 83.0K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$3.0M 82.0K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$2.6M 73.5K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$1.8M 51.3K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$1.5M 40.5K shares

Options Activity

Institutions with the largest Call and Put options positions in RDN as of Q3 2025

Call Positions: 7
Call Value: $5.3M
Put Positions: 3
Put Value: $2.0M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.6M 440.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.5M 410.0 contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$1.3M 350.0 contracts
J JANE STREET GROUP, LLC Institution	$673.7K 186.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$278.9K 77.0 contracts
Walleye Trading LLC RIA/Wealth	$50.7K 14.0 contracts
P PEAK6 LLC Institution	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$985.2K 272.0 contracts
Walleye Trading LLC RIA/Wealth	$767.9K 212.0 contracts
J JANE STREET GROUP, LLC Institution	$278.9K 77.0 contracts

Most Committed Institutions

Institutions with RDN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Compass Rose Asset Management, LP Hedge Fund•Credit Arb	Brian Peter Riano CEO	10.95% $10.0M	0.20% 275.0K shares	Q3 2025 Held for 2 months	$91.0M
N NEW VERNON INVESTMENT MANAGEMENT LLC Hedge Fund•Multi-Strategy	Steven Arthur Shapiro Managing Partner	6.09% $6.5M	0.13% 180.1K shares	Q3 2025 Held for 2 months	$107.2M
BRUNI J V & CO /CO RIA/Wealth	John Roy Brock President	5.77% $57.1M	1.16% 1.6M shares	≤ Q2 2013 Held for 12y 5m+	$990.7M
KESTREL INVESTMENT MANAGEMENT CORP Hedge Fund•Event Driven	David J. Steirman President	4.08% $7.2M	0.15% 199.7K shares	Q1 2022 Held for 3y 8m	$177.4M
W WESTPORT ASSET MANAGEMENT INC Long Only Manager	Andrew John Knuth Chairman	1.98% $4.7M	0.10% 130.4K shares	Q4 2016 Held for 8y 11m	$238.3M
SKBA CAPITAL MANAGEMENT LLC Long Only Manager	Andrew Walter Bischel CEO	1.90% $13.8M	0.28% 380.1K shares	Q3 2016 Held for 9y 2m	$723.3M
DONALD SMITH & CO., INC. Long Only Manager	Richard Lawrence Greenberg CEO	1.52% $75.9M	1.55% 2.1M shares	Q1 2022 Held for 3y 8m	$5.0B
Monument Capital Management RIA/Wealth	Jessica Lydia Gibbs President	0.74% $3.0M	0.06% 81.9K shares	Q3 2024 Held for 1y 2m	$400.0M
M Miller Financial Services LLC RIA/Wealth	Joseph Patrick Miller President	0.62% $530.6K	0.01% 14.7K shares	Q4 2024 Held for 11 months	$85.9M
H HEARTLAND ADVISORS INC Long Only Manager	William Richard Nasgovitz CEO	0.58% $10.9M	0.22% 300.0K shares	Q4 2016 Held for 8y 11m	$1.9B

Hedge Fund Spotlight

Discover hedge funds investing in RDN

KESTREL INVESTMENT MANAGEMENT CORP

Hedge Fund • Event Driven

Portfolio ManagerDavid J. Steirman

Portfolio Value: $177.4M
Positions: 40
Last Reported: Q3 2025

Sector Allocation

Position in Radian Group

Market Value: $7.2M
Shares Held: 199.7K
Portfolio Weight: 4.08%
Owned Since: 2022-Q1

Top Holding	Sector	Market Value	Weight
1 Phinia PHIN	Auto - Parts Consumer Cyclical	$9.8M	5.55%
2 Axos Financial AX	Banks - Regional Financial Services	$8.4M	4.74%
3 Upwork Inc. UPWK	Staffing & Employment Services Industrials	$8.4M	4.72%