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, Q4 2025
Institutional positions in NMI Holdings, Inc. as of Dec 31, 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
- 361
- +17 vs. Q3 2025
- Shares held
- 73.6M
- −297.0K (−0.4%) vs. Q3 2025
- Total value
- $3.00B
- +$168.8M (+6.0%) vs. Q3 2025
- New holders
- 45
- 139 more added
- Sold out
- 28
- 138 more reduced
8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 358 | $3.06B |
| Q1 2026 | 362 | $2.78B |
| Q4 2025 | 361 | $3.00B |
| Q3 2025 | 352 | $2.85B |
| Q2 2025 | 351 | $3.17B |
| Q1 2025 | 352 | $2.73B |
| Q4 2024 | 328 | $2.76B |
| Q3 2024 | 333 | $3.16B |
| Q2 2024 | 300 | $2.65B |
| Q1 2024 | 296 | $2.52B |
| Q4 2023 | 279 | $2.30B |
| Q3 2023 | 259 | $2.10B |
| Q2 2023 | 235 | $2.02B |
| Q1 2023 | 236 | $1.78B |
| Q4 2022 | 231 | $1.70B |
| Q3 2022 | 224 | $1.67B |
| Q2 2022 | 227 | $1.38B |
| Q1 2022 | 221 | $1.72B |
| Q4 2021 | 219 | $1.78B |
| Q3 2021 | 215 | $1.85B |
| Q2 2021 | 210 | $1.82B |
| Q1 2021 | 207 | $1.90B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding NMI Holdings, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 13,115,654 | $535.0M | 0.01% | −560,768−4.1% | Reduced |
| Vanguard Group Inc | 7,116,394 | $290.3M | 0.00% | −67,082−0.9% | Reduced |
| Dimensional Fund Advisors LP | 4,317,436 | $176.1M | 0.04% | +28,569+0.7% | Added |
| State Street Corp | 3,234,268 | $131.9M | 0.00% | −84,584−2.5% | Reduced |
| American Century Companies Inc | 2,512,957 | $102.5M | 0.05% | +133,156+5.6% | Added |
| Van Berkom & Associates Inc. | 2,016,030 | $82.2M | 2.37% | +106,400+5.6% | Added |
| Geode Capital Management, LLC | 1,982,722 | $80.9M | 0.00% | +5,274+0.3% | Added |
| Nomura Asset Management International Inc. | 1,808,506 | $73.8M | 0.11% | +1,808,506 | New |
| Capital World Investors | 1,150,000 | $46.9M | 0.01% | 00.0% | Unchanged |
| Nuveen, LLC | 1,131,271 | $46.1M | 0.01% | −12,202−1.1% | Reduced |
| Morgan Stanley | 1,119,410 | $45.7M | 0.00% | −57,936−4.9% | Reduced |
| Bank of America Corp | 1,062,909 | $43.4M | 0.00% | +48,352+4.8% | Added |
| Frontier Capital Management Co LLC | 1,059,178 | $43.2M | 0.46% | −98,253−8.5% | Reduced |
| Assenagon Asset Management S.A. | 1,007,750 | $41.1M | 0.06% | −24,087−2.3% | Reduced |
| Barclays PLC | 989,364 | $40.4M | 0.02% | −115,516−10.5% | Reduced |
| Charles Schwab Investment Management Inc | 979,400 | $39.9M | 0.01% | +1,276+0.1% | Added |
| Goldman Sachs Group Inc | 961,596 | $39.2M | 0.01% | −44,678−4.4% | Reduced |
| FMR LLC | 859,119 | $35.0M | 0.00% | +493,370+134.9% | Added |
| Northern Trust Corp | 810,806 | $33.1M | 0.00% | −96,366−10.6% | Reduced |
| D. E. Shaw & Co., Inc. | 781,611 | $31.9M | 0.02% | +5,093+0.7% | Added |
| Clearbridge Investments, LLC | 774,359 | $31.6M | 0.03% | −29,582−3.7% | Reduced |
| Allianz Asset Management GmbH | 760,307 | $31.0M | 0.04% | +311,545+69.4% | Added |
| AQR Capital Management LLC | 733,478 | $29.9M | 0.02% | +171,203+30.4% | Added |
| JPMorgan Chase & Co | 638,679 | $26.1M | 0.00% | +14,008+2.2% | Added |
| Qube Research & Technologies Ltd | 634,431 | $25.9M | 0.04% | −116,466−15.5% | Reduced |
| Panagora Asset Management Inc | 596,249 | $24.3M | 0.09% | +25,639+4.5% | Added |
| Ameriprise Financial Inc | 596,180 | $24.3M | 0.01% | −3,959−0.7% | Reduced |
| Public Sector Pension Investment Board | 575,671 | $23.5M | 0.08% | −21,776−3.6% | Reduced |
| Millennium Management LLC | 564,938 | $23.0M | 0.02% | −398,255−41.3% | Reduced |
| Walleye Capital LLC | 546,815 | $22.3M | 0.13% | +139,927+34.4% | Added |
| Bank of New York Mellon Corp | 520,110 | $21.2M | 0.00% | −20,750−3.8% | Reduced |
| Principal Financial Group Inc | 479,994 | $19.6M | 0.01% | +32,765+7.3% | Added |
| Arrowstreet Capital, Limited Partnership | 475,764 | $19.4M | 0.01% | −19,208−3.9% | Reduced |
| Muhlenkamp & Co Inc | 467,789 | $19.1M | 5.13% | +1,442+0.3% | Added |
| Algert Global LLC | 465,555 | $19.0M | 0.30% | +25,009+5.7% | Added |
| Two Sigma Investments, LP | 441,605 | $18.0M | 0.03% | +141,138+47.0% | Added |
| Invesco Ltd. | 422,419 | $17.2M | 0.00% | −5,798−1.4% | Reduced |
| Winmill & Co. Inc | 396,095 | $16.2M | 4.31% | 00.0% | Unchanged |
| Deutsche Bank AG | 380,723 | $15.5M | 0.01% | −94,667−19.9% | Reduced |
| Donald Smith & Co., Inc. | 375,207 | $15.3M | 0.29% | −84,409−18.4% | Reduced |
| River Road Asset Management, LLC | 370,295 | $15.1M | 0.17% | +370,295 | New |
| Standard Life Aberdeen plc | 353,162 | $14.4M | 0.02% | −61,416−14.8% | Reduced |
| Tudor Investment Corp Et Al | 346,716 | $14.1M | 0.08% | −22,124−6.0% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 345,944 | $14.1M | 0.04% | +23,036+7.1% | Added |
| Captrust Financial Advisors | 338,100 | $13.8M | 0.03% | +21,251+6.7% | Added |
| Citadel Advisors LLC | 323,424 | $13.2M | 0.01% | +128,541+66.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 290,543 | $11.9M | 0.02% | +85,855+41.9% | Added |
| Primecap Management Co | 279,910 | $11.4M | 0.01% | −11,020−3.8% | Reduced |
| BNP Paribas Arbitrage, SA | 278,768 | $11.4M | 0.01% | −206,391−42.5% | Reduced |
| First Eagle Investment Management, LLC | 273,259 | $11.1M | 0.02% | −1000.0% | Reduced |
| Cerity Partners LLC | 269,681 | $11.0M | 0.02% | −8,049−2.9% | Reduced |
| Leeward Investments, LLC - MA | 254,362 | $10.4M | 0.52% | −2,378−0.9% | Reduced |
| Raymond James Financial Inc | 247,980 | $10.2M | 0.00% | −83,381−25.2% | Reduced |
| Russell Investments Group, Ltd. | 232,702 | $9.49M | 0.01% | +1,865+0.8% | Added |
| Edgestream Partners, L.P. | 220,634 | $9.00M | 0.25% | +7,657+3.6% | Added |
| Voloridge Investment Management, LLC | 218,835 | $8.93M | 0.03% | −31,006−12.4% | Reduced |
| Point72 Asset Management, L.P. | 218,141 | $8.90M | 0.01% | +195,455+861.6% | Added |
| Rhumbline Advisers | 208,078 | $8.49M | 0.01% | −11,231−5.1% | Reduced |
| Legal & General Group Plc | 206,017 | $8.40M | 0.00% | −6,209−2.9% | Reduced |
| Denali Advisors LLC | 197,780 | $8.07M | 0.90% | +7,569+4.0% | Added |
| Two Sigma Advisers, LP | 194,100 | $7.92M | 0.02% | +15,000+8.4% | Added |
| South Dakota Investment Council | 194,063 | $7.92M | 0.15% | −8,600−4.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 193,808 | $7.91M | 0.02% | +17,134+9.7% | Added |
| Brandywine Global Investment Management, LLC | 190,054 | $7.75M | 0.05% | −7,000−3.6% | Reduced |
| Teacher Retirement System of Texas | 187,189 | $7.64M | 0.03% | +34,907+22.9% | Added |
| Renaissance Group LLC | 182,110 | $7.43M | 0.30% | −4,075−2.2% | Reduced |
| Man Group plc | 174,105 | $7.10M | 0.01% | +23,115+15.3% | Added |
| Colony Group, LLC | 171,826 | $7.01M | 0.01% | −497−0.3% | Reduced |
| Dana Investment Advisors, Inc. | 168,054 | $6.85M | 0.20% | −220−0.1% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 165,384 | $6.76M | 0.01% | +26,614+19.2% | Added |
| UBS Group AG | 165,518 | $6.75M | 0.00% | −69,836−29.7% | Reduced |
| Wedge Capital Management L L P | 156,644 | $6.39M | 0.11% | +47,360+43.3% | Added |
| Lighthouse Investment Partners, LLC | 154,635 | $6.31M | 0.21% | +82,979+115.8% | Added |
| Swiss National Bank | 153,074 | $6.24M | 0.00% | +1,600+1.1% | Added |
| Schroder Investment Management Group | 143,011 | $5.89M | 0.00% | −1,975−1.4% | Reduced |
| Thrivent Financial for Lutherans | 142,956 | $5.83M | 0.01% | −7,728−5.1% | Reduced |
| UBS Asset Management Americas Inc | 140,003 | $5.71M | 0.00% | −7,430−5.0% | Reduced |
| New York State Teachers Retirement System | 137,429 | $5.61M | 0.01% | −1,714−1.2% | Reduced |
| Lazard Asset Management LLC | 134,647 | $5.49M | 0.01% | −60,582−31.0% | Reduced |
| Royce & Associates LP | 133,590 | $5.45M | 0.06% | −694−0.5% | Reduced |
| First Trust Advisors LP | 119,450 | $4.87M | 0.00% | +29,041+32.1% | Added |
| Martingale Asset Management L P | 116,705 | $4.76M | 0.12% | −216−0.2% | Reduced |
| F/M Investments LLC | 115,346 | $4.70M | 0.18% | −3,250−2.7% | Reduced |
| Royal Bank of Canada | 111,334 | $4.54M | 0.00% | +348+0.3% | Added |
| HRT Financial LP | 106,320 | $4.34M | 0.01% | +23,832+28.9% | Added |
| Trexquant Investment LP | 103,159 | $4.21M | 0.04% | +29,966+40.9% | Added |
| Franklin Resources Inc | 99,647 | $4.06M | 0.00% | −4,893−4.7% | Reduced |
| Alliancebernstein L.P. | 96,056 | $3.92M | 0.00% | +4,331+4.7% | Added |
| Ieq Capital, LLC | 95,914 | $3.91M | 0.01% | +30,199+46.0% | Added |
| Jump Financial, LLC | 95,578 | $3.90M | 0.05% | +40,071+72.2% | Added |
| Assetmark, Inc | 94,629 | $3.86M | 0.01% | +1,314+1.4% | Added |
| Credit Agricole S A | 94,120 | $3.84M | 0.01% | −1,725−1.8% | Reduced |
| Comerica Bank | 90,993 | $3.71M | 0.01% | +17,839+24.4% | Added |
| Creative Planning | 90,400 | $3.69M | 0.00% | +54,065+148.8% | Added |
| Wells Fargo & Company | 89,867 | $3.67M | 0.00% | +28,348+46.1% | Added |
| Ellis Investment Partners, LLC | 88,194 | $3.60M | 0.63% | −403−0.5% | Reduced |
| Livforsakringsbolaget Skandia, Omsesidigt | 78,400 | $3.20M | 0.13% | +5,300+7.3% | Added |
| New York State Common Retirement Fund | 77,313 | $3.15M | 0.00% | 00.0% | Unchanged |
| Prudential Financial Inc | 76,647 | $3.13M | 0.00% | −5,767−7.0% | Reduced |
| California State Teachers Retirement System | 72,787 | $2.97M | 0.00% | −67−0.1% | Reduced |