<SEC-DOCUMENT>0000876437-16-000191.txt : 20161020
<SEC-HEADER>0000876437-16-000191.hdr.sgml : 20161020
<ACCEPTANCE-DATETIME>20161020164928
ACCESSION NUMBER:		0000876437-16-000191
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20161020
FILED AS OF DATE:		20161020
DATE AS OF CHANGE:		20161020

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MGIC INVESTMENT CORP
		CENTRAL INDEX KEY:			0000876437
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				391486475
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		250 EAST KILBOURN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4143476480

	MAIL ADDRESS:	
		STREET 1:		250 EAST KILBOURN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Miosi Salvatore A
		CENTRAL INDEX KEY:			0001687897

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10816
		FILM NUMBER:		161944743

	MAIL ADDRESS:	
		STREET 1:		C/O MGIC INVESTMENT CORPORATION
		STREET 2:		250 EAST KILBOURN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2016-10-20</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000876437</issuerCik>
        <issuerName>MGIC INVESTMENT CORP</issuerName>
        <issuerTradingSymbol>MTG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001687897</rptOwnerCik>
            <rptOwnerName>Miosi Salvatore A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O MGIC INVESTMENT CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>250 EAST KILBOURN AVENUE</rptOwnerStreet2>
            <rptOwnerCity>MILWAUKEE</rptOwnerCity>
            <rptOwnerState>WI</rptOwnerState>
            <rptOwnerZipCode>53202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>SVP - Bus Strat &amp; Field Ops</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>150440</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Units</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F6"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2398.665</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Issuer's Profit Sharing and Savings Plan</value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">These securities include 76,587 shares of common stock of the Issuer that are subject to certain restrictions, become vested only if such restrictions lapse, and are subject to forfeiture under certain circumstances.</footnote>
        <footnote id="F2">The reporting person owns share units in a company stock fund under the Issuer's Profit Sharing and Savings Plan. Share units in the company stock fund do not correspond precisely on a one-for-one basis with shares of common stock of the Issuer,</footnote>
        <footnote id="F3">These securities are exercisable at any time.</footnote>
        <footnote id="F4">These securities have no expiration date.</footnote>
        <footnote id="F5">Balance as of October 12, 2016.</footnote>
        <footnote id="F6">The conversion price varies with the price of the Issuer's common stock.  At any given time, the conversion price is equal to the closing price of the Issuer's common stock on the New York Stock Exchange on the previous trading day.</footnote>
    </footnotes>

    <remarks>This Form 3 is being signed by the reporting person's attorney-in-fact pursuant to a previously filed limited power of attorney.</remarks>

    <ownerSignature>
        <signatureName>Dan D. Stilwell, Attorney-in-Fact</signatureName>
        <signatureDate>2016-10-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
