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NMI Holdings, Inc.

NMIH
Exchange
Nasdaq
Industry
Surety Insurance
SEC CIK
0001547903

In the last 90 days, NMI Holdings, Inc. insiders filed 0 open-market purchases and 3 sales; 358 institutions reported holding it in 13F filings for Q2 2026, worth $3.06B in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in NMI Holdings, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
351
+2 vs. Q1 2025
Shares held
75.1M
−433.0K (−0.6%) vs. Q1 2025
Total value
$3.17B
+$445.7M (+16.4%) vs. Q1 2025
New holders
41
143 more added
Sold out
39
128 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NMIH on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 351 institutions
Q1 2021: 207 institutionsQ2 2021: 210 institutionsQ3 2021: 215 institutionsQ4 2021: 219 institutionsQ1 2022: 221 institutionsQ2 2022: 227 institutionsQ3 2022: 224 institutionsQ4 2022: 231 institutionsQ1 2023: 236 institutionsQ2 2023: 235 institutionsQ3 2023: 259 institutionsQ4 2023: 279 institutionsQ1 2024: 296 institutionsQ2 2024: 300 institutionsQ3 2024: 333 institutionsQ4 2024: 328 institutionsQ1 2025: 352 institutionsQ2 2025: 351 institutionsQ3 2025: 352 institutionsQ4 2025: 361 institutionsQ1 2026: 362 institutionsQ2 2026: 358 institutions
Value heldQ2 2025: $3.17B
Q1 2021: $1.90BQ2 2021: $1.82BQ3 2021: $1.85BQ4 2021: $1.78BQ1 2022: $1.72BQ2 2022: $1.38BQ3 2022: $1.67BQ4 2022: $1.70BQ1 2023: $1.78BQ2 2023: $2.02BQ3 2023: $2.10BQ4 2023: $2.30BQ1 2024: $2.52BQ2 2024: $2.65BQ3 2024: $3.16BQ4 2024: $2.76BQ1 2025: $2.73BQ2 2025: $3.17BQ3 2025: $2.85BQ4 2025: $3.00BQ1 2026: $2.78BQ2 2026: $3.06B
Institutions holding NMIH and their total value by quarter
QuarterHoldersValue
Q2 2026358$3.06B
Q1 2026362$2.78B
Q4 2025361$3.00B
Q3 2025352$2.85B
Q2 2025351$3.17B
Q1 2025352$2.73B
Q4 2024328$2.76B
Q3 2024333$3.16B
Q2 2024300$2.65B
Q1 2024296$2.52B
Q4 2023279$2.30B
Q3 2023259$2.10B
Q2 2023235$2.02B
Q1 2023236$1.78B
Q4 2022231$1.70B
Q3 2022224$1.67B
Q2 2022227$1.38B
Q1 2022221$1.72B
Q4 2021219$1.78B
Q3 2021215$1.85B
Q2 2021210$1.82B
Q1 2021207$1.90B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding NMI Holdings, Inc.; share changes are against Q1 2025.

Institutions holding NMIH in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.13,796,241$582.1M0.01%+606,083+4.6%Added
Vanguard Group Inc7,198,005$303.7M0.00%+30,048+0.4%Added
Dimensional Fund Advisors LP4,257,297$179.6M0.04%−128,812−2.9%Reduced
State Street Corp3,311,506$139.7M0.01%−226,062−6.4%Reduced
American Century Companies Inc2,249,799$94.9M0.05%+115,854+5.4%Added
Macquarie Group Ltd2,225,513$93.9M0.12%+58,254+2.7%Added
Geode Capital Management, LLC1,966,970$83.0M0.01%+5,628+0.3%Added
Van Berkom & Associates Inc.1,901,657$80.2M2.39%−199,402−9.5%Reduced
Morgan Stanley1,157,176$48.8M0.00%+196,278+20.4%Added
Nuveen, LLC1,154,110$48.7M0.01%−90,997−7.3%Reduced
Capital World Investors1,150,000$48.5M0.01%00.0%Unchanged
Millennium Management LLC1,128,474$47.6M0.04%−304,476−21.2%Reduced
Frontier Capital Management Co LLC1,119,957$47.3M0.44%+42,436+3.9%Added
Barclays PLC1,066,859$45.0M0.02%+554,736+108.3%Added
Assenagon Asset Management S.A.1,032,228$43.5M0.07%−1,002,191−49.3%Reduced
Charles Schwab Investment Management Inc979,909$41.3M0.01%−45,276−4.4%Reduced
Goldman Sachs Group Inc940,467$39.7M0.01%+80,923+9.4%Added
Northern Trust Corp883,185$37.3M0.01%−14,301−1.6%Reduced
Clearbridge Investments, LLC811,684$34.2M0.03%−2,079−0.3%Reduced
Qube Research & Technologies Ltd758,481$32.0M0.04%+73,695+10.8%Added
JPMorgan Chase & Co693,904$29.3M0.00%−57,573−7.7%Reduced
Allianz Asset Management GmbH640,158$27.0M0.04%+277,318+76.4%Added
Arrowstreet Capital, Limited Partnership615,979$26.0M0.02%+95,899+18.4%Added
Public Sector Pension Investment Board567,106$23.9M0.10%+22,383+4.1%Added
Panagora Asset Management Inc566,345$23.9M0.11%+11,952+2.2%Added
Bank of New York Mellon Corp550,653$23.2M0.00%−6,401−1.1%Reduced
Bank of America Corp519,413$21.9M0.00%+128,432+32.8%Added
Citadel Advisors LLC505,156$21.3M0.02%+203,716+67.6%Added
D. E. Shaw & Co., Inc.501,673$21.2M0.02%+401,733+402.0%Added
Danske Bank A/S473,031$20.0M0.05%+459,920+3,507.9%Added
Principal Financial Group Inc470,372$19.8M0.01%+7,731+1.7%Added
Muhlenkamp & Co Inc465,854$19.7M6.13%+2,883+0.6%Added
Donald Smith & Co., Inc.465,610$19.6M0.46%−383,024−45.1%Reduced
Standard Life Aberdeen plc452,423$19.1M0.03%−65,092−12.6%Reduced
Invesco Ltd.444,686$18.8M0.00%−126,706−22.2%Reduced
BNP Paribas Arbitrage, SA427,397$18.0M0.01%+277,065+184.3%Added
Cubist Systematic Strategies, LLC424,127$17.9M0.19%+163,364+62.6%Added
Raymond James Financial Inc398,278$16.8M0.01%+58,615+17.3%Added
Winmill & Co. Inc396,095$16.7M4.65%00.0%Unchanged
UBS Group AG386,907$16.3M0.00%+143,302+58.8%Added
Two Sigma Investments, LP371,517$15.7M0.03%+40,484+12.2%Added
Hotchkis & Wiley Capital Management LLC345,410$14.6M0.05%+38,940+12.7%Added
Algert Global LLC343,795$14.5M0.30%+139,616+68.4%Added
AQR Capital Management LLC332,342$14.0M0.01%+51,227+18.2%Added
FMR LLC328,424$13.9M0.00%+57,682+21.3%Added
Ameriprise Financial Inc323,242$13.6M0.00%−1,620−0.5%Reduced
Walleye Capital LLC313,939$13.2M0.12%+313,939New
Voloridge Investment Management, LLC311,292$13.1M0.05%−125,679−28.8%Reduced
Primecap Management Co305,100$12.9M0.01%−46,850−13.3%Reduced
Renaissance Technologies LLC292,953$12.4M0.02%+105,300+56.1%Added
UBS Asset Management Americas Inc289,383$12.2M0.00%+129,819+81.4%Added
First Eagle Investment Management, LLC267,119$11.3M0.02%−22,000−7.6%Reduced
Leeward Investments, LLC - MA262,529$11.1M0.59%−9,565−3.5%Reduced
Captrust Financial Advisors261,528$11.0M0.02%+45,209+20.9%Added
Deutsche Bank AG250,067$10.6M0.00%+50,152+25.1%Added
Balyasny Asset Management LLC246,849$10.4M0.02%+85,800+53.3%Added
Cerity Partners LLC243,989$10.3M0.02%+213,120+690.4%Added
Lazard Asset Management LLC233,867$9.87M0.01%+105,942+82.8%Added
Healthcare of Ontario Pension Plan Trust Fund230,300$9.72M0.02%+80,500+53.7%Added
South Dakota Investment Council228,663$9.65M0.18%−1,505−0.7%Reduced
Tudor Investment Corp Et Al226,775$9.57M0.07%+149,010+191.6%Added
Russell Investments Group, Ltd.224,256$9.46M0.01%+10,516+4.9%Added
Legal & General Group Plc223,751$9.44M0.00%+1,164+0.5%Added
Rhumbline Advisers222,941$9.41M0.01%+7,636+3.5%Added
Two Sigma Advisers, LP207,200$8.74M0.02%+13,600+7.0%Added
Edgestream Partners, L.P.203,591$8.59M0.24%−36,627−15.2%Reduced
Schroder Investment Management Group200,299$8.45M0.01%−16,691−7.7%Reduced
Jump Financial, LLC193,322$8.16M0.10%+125,401+184.6%Added
Thrivent Financial for Lutherans189,860$8.01M0.02%−98,246−34.1%Reduced
Brandywine Global Investment Management, LLC184,825$7.80M0.05%−7,200−3.7%Reduced
Connor, Clark & Lunn Investment Management Ltd.179,261$7.56M0.03%+106,502+146.4%Added
Denali Advisors LLC171,994$7.26M0.76%−16,795−8.9%Reduced
Colony Group, LLC171,038$7.22M0.02%−2,271−1.3%Reduced
Renaissance Group LLC170,783$7.21M0.28%+39,366+30.0%Added
Dana Investment Advisors, Inc.169,478$7.15M0.24%−2,740−1.6%Reduced
Teacher Retirement System of Texas151,798$6.40M0.03%−16,061−9.6%Reduced
Swiss National Bank149,374$6.30M0.00%+3,700+2.5%Added
Universal- Beteiligungs- und Servicegesellschaft mbH149,033$6.29M0.01%+33,815+29.3%Added
New York State Teachers Retirement System140,223$5.92M0.01%−124−0.1%Reduced
Royce & Associates LP135,333$5.71M0.06%−3,143−2.3%Reduced
Susquehanna International Group, LLP126,034$5.32M0.01%−12,795−9.2%Reduced
Royal Bank of Canada124,318$5.25M0.00%+7,253+6.2%Added
Man Group plc124,245$5.24M0.01%+17,910+16.8%Added
Wedge Capital Management L L P119,228$5.03M0.09%−9,574−7.4%Reduced
F/M Investments LLC119,187$5.03M0.18%+581+0.5%Added
Martingale Asset Management L P117,131$4.94M0.12%−1,161−1.0%Reduced
Norges Bank115,096$4.86M0.00%−110,217−48.9%Reduced
HRT Financial LP110,404$4.66M0.02%−9,204−7.7%Reduced
HSBC Holdings PLC108,895$4.59M0.00%+39,439+56.8%Added
Jane Street Group, LLC108,103$4.56M0.01%−116,049−51.8%Reduced
First Trust Advisors LP106,444$4.49M0.00%+23,885+28.9%Added
Franklin Resources Inc103,961$4.39M0.00%+662+0.6%Added
Engineers Gate Manager LP103,605$4.37M0.05%−78,678−43.2%Reduced
Susquehanna Portfolio Strategies, LLC100,035$4.22M0.09%+100,035New
Alliancebernstein L.P.91,966$3.88M0.00%−8,700−8.6%Reduced
Prudential Financial Inc91,272$3.85M0.00%+8,845+10.7%Added
Intech Investment Management LLC90,342$3.81M0.04%+11,661+14.8%Added
Ellis Investment Partners, LLC88,037$3.71M0.72%00.0%Unchanged
Assetmark, Inc84,727$3.57M0.01%−4,939−5.5%Reduced
Great West Life Assurance Co83,518$3.53M0.01%+2,362+2.9%Added