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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, Q3 2025

Institutional positions in NMI Holdings, Inc. as of Sep 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
352
+7 vs. Q2 2025
Shares held
74.3M
−717.5K (−1.0%) vs. Q2 2025
Total value
$2.85B
−$316.2M (−10.0%) vs. Q2 2025
New holders
35
134 more added
Sold out
28
133 more reduced

6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 352 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 heldQ3 2025: $2.85B
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, Q3 2025

Shares, value and share of portfolio for each institution holding NMI Holdings, Inc.; share changes are against Q2 2025.

Institutions holding NMIH in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.13,676,422$524.4M0.01%−119,819−0.9%Reduced
Vanguard Group Inc7,183,476$275.4M0.00%−14,529−0.2%Reduced
Dimensional Fund Advisors LP4,288,867$164.4M0.04%+31,570+0.7%Added
State Street Corp3,318,852$127.2M0.00%+7,346+0.2%Added
American Century Companies Inc2,379,801$91.2M0.05%+130,002+5.8%Added
Macquarie Group Ltd2,026,246$77.7M0.09%−199,267−9.0%Reduced
Geode Capital Management, LLC1,977,448$75.8M0.00%+10,478+0.5%Added
Van Berkom & Associates Inc.1,909,630$73.2M2.12%+7,973+0.4%Added
Morgan Stanley1,177,346$45.1M0.00%+20,170+1.7%Added
Frontier Capital Management Co LLC1,157,431$44.4M0.40%+37,474+3.3%Added
Capital World Investors1,150,000$44.1M0.01%00.0%Unchanged
Nuveen, LLC1,143,473$43.8M0.01%−10,637−0.9%Reduced
Barclays PLC1,104,880$42.4M0.02%+38,021+3.6%Added
Assenagon Asset Management S.A.1,031,837$39.6M0.06%−3910.0%Reduced
Bank of America Corp1,014,557$38.9M0.00%+495,144+95.3%Added
Goldman Sachs Group Inc1,006,274$38.6M0.01%+65,807+7.0%Added
Charles Schwab Investment Management Inc978,124$37.5M0.01%−1,785−0.2%Reduced
Millennium Management LLC963,193$36.9M0.03%−165,281−14.6%Reduced
Northern Trust Corp907,172$34.8M0.00%+23,987+2.7%Added
Clearbridge Investments, LLC803,941$30.8M0.02%−7,743−1.0%Reduced
D. E. Shaw & Co., Inc.776,518$29.8M0.02%+274,845+54.8%Added
Qube Research & Technologies Ltd750,897$28.8M0.04%−7,584−1.0%Reduced
JPMorgan Chase & Co624,671$23.9M0.00%−69,233−10.0%Reduced
Ameriprise Financial Inc600,139$23.0M0.01%+276,897+85.7%Added
Public Sector Pension Investment Board597,447$22.9M0.08%+30,341+5.4%Added
Panagora Asset Management Inc570,610$21.9M0.09%+4,265+0.8%Added
AQR Capital Management LLC562,275$21.6M0.01%+229,933+69.2%Added
Bank of New York Mellon Corp540,860$20.7M0.00%−9,793−1.8%Reduced
Arrowstreet Capital, Limited Partnership494,972$19.0M0.01%−121,007−19.6%Reduced
BNP Paribas Arbitrage, SA485,159$18.6M0.01%+57,762+13.5%Added
Deutsche Bank AG475,390$18.2M0.01%+225,323+90.1%Added
Muhlenkamp & Co Inc466,347$17.9M4.86%+493+0.1%Added
Donald Smith & Co., Inc.459,616$17.6M0.35%−5,994−1.3%Reduced
Allianz Asset Management GmbH448,762$17.2M0.02%−191,396−29.9%Reduced
Principal Financial Group Inc447,229$17.1M0.01%−23,143−4.9%Reduced
Algert Global LLC440,546$16.9M0.28%+96,751+28.1%Added
Invesco Ltd.428,217$16.4M0.00%−16,469−3.7%Reduced
Standard Life Aberdeen plc414,578$15.9M0.03%−37,845−8.4%Reduced
Walleye Capital LLC406,888$15.6M0.13%+92,949+29.6%Added
Winmill & Co. Inc396,095$15.2M3.68%00.0%Unchanged
Cubist Systematic Strategies, LLC381,860$14.6M0.21%−42,267−10.0%Reduced
Tudor Investment Corp Et Al368,840$14.1M0.09%+142,065+62.6%Added
FMR LLC365,749$14.0M0.00%+37,325+11.4%Added
Raymond James Financial Inc331,361$12.7M0.00%−66,917−16.8%Reduced
Hotchkis & Wiley Capital Management LLC322,908$12.4M0.04%−22,502−6.5%Reduced
Captrust Financial Advisors316,849$12.1M0.02%+55,321+21.2%Added
Two Sigma Investments, LP300,467$11.5M0.02%−71,050−19.1%Reduced
Primecap Management Co290,930$11.2M0.01%−14,170−4.6%Reduced
Cerity Partners LLC277,730$10.6M0.02%+33,741+13.8%Added
First Eagle Investment Management, LLC273,359$10.5M0.02%+6,240+2.3%Added
Leeward Investments, LLC - MA256,740$9.84M0.50%−5,789−2.2%Reduced
Voloridge Investment Management, LLC249,841$9.58M0.03%−61,451−19.7%Reduced
UBS Group AG235,354$9.02M0.00%−151,553−39.2%Reduced
Russell Investments Group, Ltd.230,837$8.85M0.01%+6,581+2.9%Added
Rhumbline Advisers219,309$8.41M0.01%−3,632−1.6%Reduced
Edgestream Partners, L.P.212,977$8.17M0.24%+9,386+4.6%Added
Legal & General Group Plc212,226$8.14M0.00%−11,525−5.2%Reduced
Healthcare of Ontario Pension Plan Trust Fund204,688$7.85M0.01%−25,612−11.1%Reduced
South Dakota Investment Council202,663$7.77M0.15%−26,000−11.4%Reduced
Brandywine Global Investment Management, LLC197,054$7.56M0.05%+12,229+6.6%Added
Lazard Asset Management LLC195,229$7.49M0.01%−38,638−16.5%Reduced
Citadel Advisors LLC194,883$7.47M0.01%−310,273−61.4%Reduced
Denali Advisors LLC190,211$7.29M0.82%+18,217+10.6%Added
Renaissance Group LLC186,185$7.14M0.27%+15,402+9.0%Added
Two Sigma Advisers, LP179,100$6.87M0.01%−28,100−13.6%Reduced
Connor, Clark & Lunn Investment Management Ltd.176,674$6.77M0.02%−2,587−1.4%Reduced
Colony Group, LLC172,323$6.60M0.01%+1,285+0.8%Added
Dana Investment Advisors, Inc.168,274$6.45M0.19%−1,204−0.7%Reduced
Renaissance Technologies LLC164,253$6.30M0.01%−128,700−43.9%Reduced
Teacher Retirement System of Texas152,282$5.84M0.02%+484+0.3%Added
Swiss National Bank151,474$5.81M0.00%+2,100+1.4%Added
Man Group plc150,990$5.79M0.01%+26,745+21.5%Added
Thrivent Financial for Lutherans150,684$5.78M0.01%−39,176−20.6%Reduced
UBS Asset Management Americas Inc147,433$5.65M0.00%−141,950−49.1%Reduced
Schroder Investment Management Group144,986$5.61M0.00%−55,313−27.6%Reduced
New York State Teachers Retirement System139,143$5.33M0.01%−1,080−0.8%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH138,770$5.32M0.01%−10,263−6.9%Reduced
Royce & Associates LP134,284$5.15M0.05%−1,049−0.8%Reduced
F/M Investments LLC118,596$4.55M0.18%−591−0.5%Reduced
Martingale Asset Management L P116,921$4.48M0.11%−210−0.2%Reduced
Royal Bank of Canada110,986$4.25M0.00%−13,332−10.7%Reduced
Wedge Capital Management L L P109,284$4.19M0.07%−9,944−8.3%Reduced
Jane Street Group, LLC108,670$4.17M0.00%+567+0.5%Added
Franklin Resources Inc104,540$4.01M0.00%+579+0.6%Added
Credit Agricole S A95,845$3.67M0.01%+95,845New
Quest Partners LLC93,577$3.59M0.23%+61,116+188.3%Added
Assetmark, Inc93,315$3.58M0.01%+8,588+10.1%Added
Alliancebernstein L.P.91,725$3.52M0.00%−241−0.3%Reduced
First Trust Advisors LP90,409$3.47M0.00%−16,035−15.1%Reduced
Ellis Investment Partners, LLC88,597$3.40M0.61%+560+0.6%Added
Engineers Gate Manager LP86,984$3.33M0.04%−16,621−16.0%Reduced
Y-Intercept (Hong Kong) Ltd86,824$3.33M0.08%+59,682+219.9%Added
Great West Life Assurance Co83,518$3.23M0.00%00.0%Unchanged
HSBC Holdings PLC82,695$3.18M0.00%−26,200−24.1%Reduced
HRT Financial LP82,488$3.16M0.01%−27,916−25.3%Reduced
Prudential Financial Inc82,414$3.16M0.00%−8,858−9.7%Reduced
New York State Common Retirement Fund77,313$2.96M0.00%+3,100+4.2%Added
Trexquant Investment LP73,193$2.81M0.03%−453−0.6%Reduced
Comerica Bank73,154$2.80M0.01%−4,324−5.6%Reduced
Livforsakringsbolaget Skandia, Omsesidigt73,100$2.80M0.11%00.0%Unchanged