Seismic swarms close to volcanoes often signal the onset of unrest. Establishing whether magma is the culprit and the unrest can be flagged as magmatic may be challenging. Here we analyze the spatio-temporal pattern of a seismic swarm that occurred in November 2015-February 2016 around Jailolo volcano, a long-dormant and poorly studied volcano located on Halmahera island, North Moluccas, Indonesia. The swarm included four M w > 5 earthquakes and hundreds of events were felt by the population. We relocate the earthquakes using both the Indonesian Seismic Network and singlestation location techniques. We find that the earthquakes cluster in a narrow strip, stretching 5 km E-W and 20 km N-S, migrating southward away from Jailolo volcano at ∼10 km/d. We investigate the source mechanisms of the largest earthquakes via full moment tensor inversion. The non-double-couple component is around 50%, such that the earthquakes, besides normal faulting, included a relatively large opening component. After a thorough examination of the possible causes of the Jailolo swarm we conclude that a laterally propagating dike of tens of millions of cubic meters is the triggering mechanism for the seismicity. The swarm marks the first documented magmatic unrest at Jailolo. We find that there is a probability >0.1 that the unrest will last for more than 2 years. This magmatic unrest calls for the classification of Jailolo volcano as active, and for an urgent assessment of the associated volcanic hazard.