MBINYSESurety InsuranceFiscal year ends December 31
MBIA INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$4.34−0.07 (-1.59%)
Close on Oct 19, 2026
- Market cap
- $217.86M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
54.3%
28M of 51M shares
Institutional holders
130
17 new, 20 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Kahn Brothers Group Inc | 4,213,920 | 8.30% | 13G (passive) | Aug 14, 2026 |
| BlackRock, Inc. | 3,599,514 | 7.00% | 13G (passive) amendment | Dec 31, 2023 |
| Leeam S. Lowin | 3,331,947 | 6.50% | 13G (passive) | Feb 27, 2026 |
| Gary Lehrman | 2,560,708 | 5.10% | 13G (passive) | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of MBI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Kahn Brothers Group Inc | 4,213,920 | 8.26% | $27.47M | +2,157,486 | 4.34% |
| BlackRock, Inc. | 3,673,151 | 7.20% | $23.95M | +280,169 | 0.00% |
| Wolf Hill Capital Management, LP | 2,118,014 | 4.15% | $13.81M | −427,529 | 1.15% |
| Vanguard Capital Management LLC | 1,991,235 | 3.90% | $12.98M | +15,996 | 0.00% |
| Valueworks LLC | 1,967,228 | 3.86% | $12.83M | +35,338 | 2.68% |
| Hosking Partners LLP | 1,549,265 | 3.04% | $10.10M | −35,648 | 0.34% |
| Geode Capital Management, LLC | 1,142,258 | 2.24% | $7.45M | +55,737 | 0.00% |
| State Street Corp | 1,092,959 | 2.14% | $7.13M | +24,206 | 0.00% |
| Cerity Partners LLC | 1,087,425 | 2.13% | $7.09M | +655,209 | 0.01% |
| Tcw Group Inc | 1,065,260 | 2.09% | $6.95M | +26,800 | 0.05% |
| Russell Investments Group, Ltd. | 459,085 | 0.90% | $2.99M | +29,052 | 0.00% |
| Northern Trust Corp | 444,082 | 0.87% | $2.90M | +39,741 | 0.00% |
| UBS Group AG | 400,226 | 0.78% | $2.61M | −266,347 | 0.00% |
| Charles Schwab Investment Management Inc | 376,149 | 0.74% | $2.45M | +9,419 | 0.00% |
| Chou Associates Management Inc. | 321,000 | 0.63% | $2.09M | – | 0.97% |
| Vanguard Portfolio Management LLC | 311,198 | 0.61% | $2.03M | +47,122 | 0.00% |
| Renaissance Technologies LLC | 310,892 | 0.61% | $2.03M | −99,000 | 0.00% |
| Whitebox Advisors LLC | 304,461 | 0.60% | $1.99M | – | 0.03% |
| Vanguard Fiduciary Trust Co | 302,691 | 0.59% | $1.97M | −7,922 | 0.00% |
| Tudor Investment Corp Et Al | 298,409 | 0.58% | $1.95M | −50,596 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 130 | 28M | 54.3% | 17 / 51 | 33 / 20 | 4M | 2M |
| Q1 2026 | 134 | 26M | 50.7% | 31 / 40 | 39 / 16 | 6M | 1M |
| Q4 2025 | 120 | 24M | 47.0% | 17 / 40 | 35 / 17 | 1M | 2M |
| Q3 2025 | 121 | 25M | 48.6% | 23 / 33 | 39 / 13 | 3M | 2M |
| Q2 2025 | 111 | 24M | 46.2% | 8 / 44 | 35 / 16 | 2M | 3M |
| Q1 2025 | 120 | 25M | 48.2% | 19 / 27 | 48 / 13 | 3M | 3M |
| Q4 2024 | 115 | 25M | 49.6% | 23 / 35 | 35 / 14 | 7M | 5M |
| Q3 2024 | 107 | 24M | 47.0% | 21 / 39 | 28 / 28 | 7M | 9M |
| Q2 2024 | 116 | 29M | 57.4% | 15 / 41 | 44 / 29 | 3M | 6M |
| Q1 2024 | 132 | 32M | 62.7% | 24 / 40 | 49 / 15 | 6M | 6M |
| Q4 2023 | 123 | 32M | 62.8% | 24 / 49 | 34 / 31 | 6M | 4M |
| Q3 2023 | 130 | 30M | 58.3% | 22 / 35 | 48 / 13 | 1M | 3M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of MBI | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,431,336 | 2.81% | $9.33M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,235,904 | 2.42% | $8.06M | 0.01% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 510,548 | 1.00% | $3.33M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 488,763 | 0.96% | $2.50M | 0.01% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 461,763 | 0.91% | $3.01M | 0.02% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 234,862 | 0.46% | $1.38M | 0.01% | May 31, 2026 |
| Fidelity Extended Market Index Fund | 219,978 | 0.43% | $1.29M | 0.00% | May 31, 2026 |
| Schwab U.S. Small-Cap ETF | 209,947 | 0.41% | $1.23M | 0.01% | May 31, 2026 |
| iShares Micro-Cap ETF | 155,812 | 0.31% | $1.02M | 0.07% | Jun 30, 2026 |
| Schwab Small-Cap Index Fund | 113,173 | 0.22% | $579.45K | 0.01% | Jul 31, 2026 |
| Master Small Cap Index Series | 91,697 | 0.18% | $597.86K | 0.01% | Jun 30, 2026 |
| Fidelity Total Market Index Fund | 85,923 | 0.17% | $504.37K | 0.00% | May 31, 2026 |
| Ultra-Small Company Market Fund | 74,500 | 0.15% | $485.74K | 0.33% | Jun 30, 2026 |
| iShares Core S&P Total U.S. Stock Market ETF | 68,602 | 0.13% | $447.29K | 0.00% | Jun 30, 2026 |
| Fidelity Series Total Market Index Fund | 66,563 | 0.13% | $390.72K | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| William C. Fallon | CEO & President, Director | 2,826,660 | 5.54% | Mar 5, 2026 |
| Daniel M. Avitabile | Assistant Vice President | 650,527 | 1.28% | Mar 5, 2026 |
| Joseph R. Schachinger | EVP, CFO and Treasurer | 248,057 | 0.49% | Mar 5, 2026 |
| Adam T. Bergonzi | Assistant Vice President | 943,691 | 1.85% | Mar 5, 2026 |
| Christopher H. Young | Assistant Vice President | 651,544 | 1.28% | Mar 5, 2026 |
| Richard C. Vaughan | Director | 103,055 | 0.20% | May 13, 2026 |
| Diane L. Dewbrey | Director | 121,198 | 0.24% | May 13, 2026 |
| Theodore Shasta | Director | 86,327 | 0.17% | May 13, 2026 |
| Steven J. Gilbert | Director | 125,423 | 0.25% | May 13, 2026 |
| Janice L. Innis-Thompson | Director | 83,325 | 0.16% | May 13, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Janice L. Innis-Thompson Director | May 12, 2026 | Award | +16,181 | $6.18 | $100.00K | 83,325 |
| Richard C. Vaughan Director | May 12, 2026 | Award | +16,181 | $6.18 | $100.00K | 103,055 |
| Theodore Shasta Director | May 12, 2026 | Award | +16,181 | $6.18 | $100.00K | 66,327 |
| Steven J. Gilbert Director | May 12, 2026 | Award | +16,181 | $6.18 | $100.00K | 125,423 |
| Diane L. Dewbrey Director | May 12, 2026 | Award | +16,181 | $6.18 | $100.00K | 121,198 |
| Daniel M. Avitabile Assistant Vice President | Mar 4, 2026 | Tax withholding | −8,668 | $6.88 | $59.64K | 650,527 |
| Adam T. Bergonzi Assistant Vice President | Mar 4, 2026 | Tax withholding | −13,280 | $6.88 | $91.37K | 943,262 |
| Christopher H. Young Assistant Vice President | Mar 4, 2026 | Tax withholding | −8,668 | $6.88 | $59.64K | 651,544 |
| Joseph R. Schachinger EVP, CFO and Treasurer | Mar 4, 2026 | Tax withholding | −2,400 | $6.88 | $16.51K | 248,057 |
| William C. Fallon CEO & President, Director | Mar 4, 2026 | Tax withholding | −39,658 | $6.88 | $272.85K | 2,826,660 |
| William C. Fallon CEO and President, Director | Mar 3, 2026 | Tax withholding | −27,726 | $6.50 | $180.22K | 2,866,318 |
| William C. Fallon CEO and President, Director | Mar 3, 2026 | Award | +242,308 | $6.50 | $1.58M | 2,894,044 |
| Adam T. Bergonzi Assistant Vice President | Mar 3, 2026 | Award | +115,385 | $6.50 | $750.00K | 965,640 |
| Adam T. Bergonzi Assistant Vice President | Mar 3, 2026 | Tax withholding | −9,098 | $6.50 | $59.14K | 956,542 |
| William C. Fallon CEO and President, Director | Mar 3, 2026 | Tax withholding | −27,726 | $6.50 | $180.22K | 2,866,318 |
| William C. Fallon CEO and President, Director | Mar 3, 2026 | Award | +242,038 | $6.50 | $1.57M | 2,894,044 |
| Joseph R. Schachinger EVP, CFO and Treasurer | Mar 3, 2026 | Tax withholding | −2,800 | $6.50 | $18.20K | 250,457 |
| Joseph R. Schachinger EVP, CFO and Treasurer | Mar 3, 2026 | Award | +50,000 | $6.50 | $325.00K | 253,257 |
| Christopher H. Young Assistant Vice President | Mar 3, 2026 | Tax withholding | −6,061 | $6.50 | $39.40K | 660,212 |
| Christopher H. Young Assistant Vice President | Mar 3, 2026 | Award | +80,769 | $6.50 | $525.00K | 666,273 |
| Daniel M. Avitabile Assistant Vice President | Mar 3, 2026 | Award | +80,769 | $6.50 | $525.00K | 665,256 |
| Daniel M. Avitabile Assistant Vice President | Mar 3, 2026 | Tax withholding | −6,061 | $6.50 | $39.40K | 659,195 |
| Adam T. Bergonzi Assistant Vice President | Dec 31, 2025 | Award | +6,771 | $7.16 | $48.48K | 850,255 |
| William C. Fallon CEO & President, Director | Dec 31, 2025 | Award | +14,220 | $7.16 | $101.82K | 2,651,736 |
| Christopher H. Young Assistant Vice President | Dec 31, 2025 | Award | +4,402 | $7.16 | $31.52K | 585,504 |
| Daniel M. Avitabile Assistant Vice President | Dec 31, 2025 | Award | +4,402 | $7.16 | $31.52K | 584,487 |
| Theodore Shasta Director | Aug 27, 2025 | Sale | −6,382 | $7.90 | $50.42K | 50,146 |
| Diane L. Dewbrey Director | Aug 21, 2025 | Sale | −4,975 | $7.15 | $35.57K | 105,017 |
| Theodore Shasta Director | Aug 19, 2025 | Sale | −8,361 | $6.71 | $56.10K | 56,528 |
| Theodore Shasta Director | Aug 12, 2025 | Sale | −20,000 | $6.15 | $123.00K | 64,889 |
| Richard C. Vaughan Director | Aug 11, 2025 | Sale | −25,086 | $6.07 | $152.27K | 86,874 |
| Diane L. Dewbrey Director | May 13, 2025 | Award | +23,095 | $4.33 | $100.00K | 109,992 |
| Janice L. Innis-Thompson Director | May 13, 2025 | Award | +23,095 | $4.33 | $100.00K | 67,144 |
| Theodore Shasta Director | May 13, 2025 | Award | +23,095 | $4.33 | $100.00K | 84,889 |
| Richard C. Vaughan Director | May 13, 2025 | Award | +23,095 | $4.33 | $100.00K | 111,960 |
| Steven J. Gilbert Director | May 13, 2025 | Award | +23,095 | $4.33 | $100.00K | 109,242 |
| William C. Fallon CEO and President, Director | Mar 4, 2025 | Award | +286,885 | $5.49 | $1.57M | 2,637,516 |
| William C. Fallon CEO and President, Director | Mar 4, 2025 | Tax withholding | −39,658 | $5.49 | $217.72K | 2,350,631 |
| Adam T. Bergonzi Assistant Vice President | Mar 4, 2025 | Tax withholding | −16,997 | $5.49 | $93.31K | 706,872 |
| Adam T. Bergonzi Assistant Vice President | Mar 4, 2025 | Award | +136,612 | $5.49 | $750.00K | 843,484 |
| Daniel M. Avitabile Assistant Vice President | Mar 4, 2025 | Award | +95,628 | $5.49 | $525.00K | 580,085 |
| Daniel M. Avitabile Assistant Vice President | Mar 4, 2025 | Tax withholding | −12,275 | $5.49 | $67.39K | 484,457 |
| Joseph R. Schachinger Chief Financial Officer | Mar 4, 2025 | Award | +45,537 | $5.49 | $250.00K | 203,257 |
| Joseph R. Schachinger Chief Financial Officer | Mar 4, 2025 | Tax withholding | −2,400 | $5.49 | $13.18K | 157,720 |
| Christopher H. Young Assistant Vice President | Mar 4, 2025 | Tax withholding | −12,275 | $5.49 | $67.39K | 485,474 |
| Christopher H. Young Assistant Vice President | Mar 4, 2025 | Award | +95,628 | $5.49 | $525.00K | 581,102 |
| Joseph R. Schachinger Chief Financial Officer | Mar 3, 2025 | Tax withholding | −6,657 | $5.53 | $36.81K | 160,120 |
| Christopher H. Young Assistant Vice President | Mar 3, 2025 | Tax withholding | −164,417 | $5.53 | $909.23K | 497,749 |
| Adam T. Bergonzi Assistant Vice President | Mar 3, 2025 | Tax withholding | −259,835 | $5.53 | $1.44M | 723,869 |
| William C. Fallon CEO and President, Director | Mar 3, 2025 | Tax withholding | −556,019 | $5.53 | $3.07M | 2,390,289 |
| Daniel M. Avitabile Assistant Vice President | Mar 3, 2025 | Tax withholding | −165,165 | $5.53 | $913.36K | 496,732 |
| Theodore Shasta Director | Jan 2, 2025 | Sale | −9,570 | $6.74 | $64.50K | 61,794 |
| Christopher H. Young Assistant Vice President | Dec 31, 2024 | Returned to company | −23,450 | – | – | 662,166 |
| Daniel M. Avitabile Assistant Vice President | Dec 31, 2024 | Returned to company | −23,450 | – | – | 661,897 |
| William C. Fallon CEO & President, Director | Dec 31, 2024 | Returned to company | −75,761 | – | – | 2,946,308 |
| Adam T. Bergonzi Assistant Vice President | Dec 31, 2024 | Returned to company | −32,469 | – | – | 983,704 |
| William C. Fallon CEO & President, Director | Dec 31, 2024 | Returned to company | −75,761 | – | – | 1,623,540 |
| Christopher H. Young Assistant Vice President | Dec 31, 2024 | Returned to company | −23,450 | – | – | 526,335 |
| Adam T. Bergonzi Assistant Vice President | Dec 31, 2024 | Returned to company | −32,469 | – | – | 848,965 |
| Daniel M. Avitabile Assistant Vice President | Dec 31, 2024 | Returned to company | −23,450 | – | – | 526,335 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Richard C. Vaughan Director | Aug 11, 2025 | 25,086 | $148.51K | Aug 11, 2025 | Share Grants |
| Richard C. Vaughan Director | Nov 19, 2024 | 12,821 | $83.46K | Nov 19, 2024 | Restricted Stock Grants |
| Richard C. Vaughan Director | Dec 27, 2023 | 15,000 | $94.65K | Dec 27, 2023 | Stock Grants |