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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
Profund Advisors LLC6,421$246.2K0.01%−289−4.3%Reduced
Fox Run Management, L.L.C.6,471$248.1K0.04%−15,429−70.5%Reduced
Ameritas Investment Partners, Inc.6,533$250.5K0.01%−1,385−17.5%Reduced
Polymer Capital Management (US) LLC6,957$266.7K0.04%−3,944−36.2%Reduced
MML Investors Services, LLC6,983$267.7K0.00%+6,983New
Chase Investment Counsel Corp7,128$273.0K0.08%−18,357−72.0%Reduced
Kestra Investment Management, LLC7,146$274.0K0.01%+1,400+24.4%Added
Centaurus Financial, Inc.7,172$275.0K0.01%+778+12.2%Added
Ashton Thomas Private Wealth, LLC7,385$283.1K0.01%+1,557+26.7%Added
Atria Investments LLC7,404$283.9K0.00%+366+5.2%Added
State of Wisconsin Investment Board7,435$285.1K0.00%−10,333−58.2%Reduced
The PNC Financial Services Group, Inc.7,486$287.0K0.00%+825+12.4%Added
Neuberger Berman Group LLC7,533$288.8K0.00%−417−5.2%Reduced
MQS Management LLC7,882$302.2K0.18%+7,882New
Contravisory Investment Management, Inc.7,897$302.8K0.06%−300−3.7%Reduced
Pallas Capital Advisors LLC7,946$304.6K0.01%+2,911+57.8%Added
CIBC Bancorp USA Inc.8,335$319.6K0.00%+8,335New
Bank of Montreal8,418$322.7K0.00%−6,874−45.0%Reduced
RBF Capital, LLC8,425$323.0K0.01%+8,425New
Caxton Associates LLP8,485$325.3K0.01%+8,485New
Mutual of America Capital Management LLC8,690$333.2K0.00%−1,346−13.4%Reduced
Sumitomo Mitsui Trust Holdings, Inc.8,800$337.4K0.00%+500+6.0%Added
Campbell & CO Investment Adviser LLC8,878$340.4K0.03%+8,878New
State of Wyoming8,954$343.3K0.04%+3,541+65.4%Added
JustInvest LLC9,015$345.7K0.00%+728+8.8%Added
Squarepoint Ops LLC9,471$363.1K0.00%+9,471New
DekaBank Deutsche Girozentrale9,669$370.0K0.00%00.0%Unchanged
GWM Advisors LLC9,936$380.9K0.00%+513+5.4%Added
XTX Topco Ltd9,952$381.6K0.02%−1,412−12.4%Reduced
EntryPoint Capital, LLC10,336$396.3K0.15%−4,679−31.2%Reduced
Janney Montgomery Scott LLC10,619$407.0K0.00%−863−7.5%Reduced
Cetera Investment Advisers10,871$416.8K0.00%+4,519+71.1%Added
Maryland State Retirement & Pension System11,152$427.6K0.01%−11,748−51.3%Reduced
Bokf, NA11,419$437.8K0.01%−28−0.2%Reduced
HighTower Advisors, LLC11,468$439.7K0.00%+11,468New
Mercer Global Advisors Inc11,536$442.3K0.00%+11,536New
Vestcor Inc11,724$449.0K0.01%−2,852−19.6%Reduced
CWM Advisors, LLC11,809$452.8K0.04%+2,578+27.9%Added
Aviva PLC12,095$463.7K0.00%+141+1.2%Added
Pictet Asset Management Holding SA12,104$464.1K0.00%00.0%Unchanged
Versor Investments LP12,213$468.2K0.09%−25,519−67.6%Reduced
Keebeck Wealth Management, LLC12,451$477.4K0.06%+1,791+16.8%Added
Henshaw Capital LLC12,563$481.7K0.02%−4,658−27.0%Reduced
Amundi13,978$508.8K0.00%+985+7.6%Added
Citizens Financial Group Inc13,638$522.9K0.01%+154+1.1%Added
Quadrant Capital Group LLC14,489$555.5K0.02%−28−0.2%Reduced
ProShare Advisors LLC14,719$564.3K0.00%−2,739−15.7%Reduced
Illumine Investment Management, LLC14,792$567.1K0.40%+231+1.6%Added
Evergreen Capital Management LLC14,935$572.6K0.01%−365−2.4%Reduced
STRS Ohio15,100$578.9K0.00%00.0%Unchanged
US Bancorp15,174$581.8K0.00%−277−1.8%Reduced
Stifel Financial Corp15,317$587.3K0.00%−1,082−6.6%Reduced
R Squared Ltd15,803$605.9K0.26%+6,199+64.5%Added
Brevan Howard Capital Management LP15,860$608.1K0.01%+8,651+120.0%Added
TD Asset Management Inc16,000$613.4K0.00%+9,700+154.0%Added
Quantinno Capital Management LP16,424$629.7K0.00%+4,718+40.3%Added
SRS Capital Advisors, Inc.17,133$656.9K0.01%+16,448+2,401.2%Added
Voleon Capital Management LP17,197$659.3K0.02%−11,414−39.9%Reduced
Hancock Whitney Corp17,199$659.4K0.01%−5,434−24.0%Reduced
Allspring Global Investments Holdings, LLC17,801$667.9K0.00%−176−1.0%Reduced
Oregon Public Employees Retirement Fund17,467$669.7K0.01%−400−2.2%Reduced
Danske Bank A/S17,967$688.9K0.00%−455,064−96.2%Reduced
Sterling Capital Management LLC18,274$700.6K0.01%+3,303+22.1%Added
Pathstone Holdings, LLC18,333$702.9K0.00%+3,269+21.7%Added
Legend Financial Advisors, Inc.18,700$717.0K0.44%+697+3.9%Added
Ensign Peak Advisors, Inc18,873$723.6K0.00%−15,350−44.9%Reduced
Handelsbanken Fonder AB19,300$740.0K0.00%00.0%Unchanged
Verition Fund Management LLC19,643$753.1K0.00%−49,011−71.4%Reduced
SG Americas Securities, LLC19,655$754.0K0.00%+15,211+342.3%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys19,756$757.4K0.00%−301−1.5%Reduced
Steadtrust LLC20,000$766.8K0.52%00.0%Unchanged
Glenmede Investment Management, LP20,140$772.2K0.00%+247+1.2%Added
Wealth Enhancement Advisory Services, LLC22,081$795.8K0.00%+9,618+77.2%Added
Daiwa Securities Group Inc.20,900$801.0K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey21,633$829.4K0.01%+3,921+22.1%Added
Isthmus Partners, LLC22,000$843.5K0.19%00.0%Unchanged
Amalgamated Bank22,372$858.0K0.01%+136+0.6%Added
Teachers Retirement System of the State of Kentucky22,409$859.0K0.01%−3,120−12.2%Reduced
Jefferies Financial Group Inc.22,600$866.5K0.01%+22,600New
Point72 Asset Management, L.P.22,686$869.8K0.00%+18,923+502.9%Added
NewEdge Wealth, LLC23,627$870.2K0.01%+4,562+23.9%Added
Unison Advisors LLC22,757$872.5K0.08%00.0%Unchanged
Arizona State Retirement System23,099$885.6K0.00%+277+1.2%Added
Inceptionr LLC23,150$887.6K0.21%+23,150New
State Board of Administration of Florida Retirement System23,437$898.6K0.00%00.0%Unchanged
Financial Strategies Group, Inc.24,879$915.3K0.17%+4,496+22.1%Added
Graham Capital Management, L.P.23,886$915.8K0.03%−11,201−31.9%Reduced
Yousif Capital Management, LLC24,007$920.4K0.01%−5,137−17.6%Reduced
NFC Investments, LLC24,110$924.0K0.27%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)24,473$938.3K0.00%+1,313+5.7%Added
Mariner, LLC24,565$941.8K0.00%+8,042+48.7%Added
OP Asset Management Ltd24,898$954.6K0.01%−31,378−55.8%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC25,505$977.9K0.00%−8,954−26.0%Reduced
HGK Asset Management Inc25,944$994.7K0.16%+2,352+10.0%Added
Winton Group Ltd27,774$1.06M0.04%+5,621+25.4%Added
Integrated Quantitative Investments LLC28,524$1.09M0.31%00.0%Unchanged
Tealwood Asset Management Inc30,538$1.17M0.47%−1,037−3.3%Reduced
Victory Capital Management Inc30,714$1.18M0.00%−92−0.3%Reduced
Summit Global Investments31,190$1.20M0.07%+2,857+10.1%Added
CWM, LLC31,926$1.22M0.00%+14,916+87.7%Added