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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, 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.

Institutional holdersQ4 2025: 361 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 heldQ4 2025: $3.00B
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, Q4 2025

Shares, value and share of portfolio for each institution holding NMI Holdings, Inc.; share changes are against Q3 2025.

Institutions holding NMIH in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Caitong International Asset Management Co., Ltd1$410.00%+1New
Hughes Financial Services, LLC1$410.00%+1New
Larson Financial Group LLC2$820.00%−49−96.1%Reduced
Abound Wealth Management6$2450.00%00.0%Unchanged
Harbour Investments, Inc.6$2450.00%+6New
Gilpin Wealth Management, LLC6$2450.00%+6New
HFM Investment Advisors, LLC7$2860.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC9$3670.00%+2+28.6%Added
Group One Trading, L.P.9$3670.00%+9New
Rialto Wealth Management, LLC10$4080.00%+3+42.9%Added
Optima Capital LLC13$5300.00%+13New
Ankerstar Wealth, LLC14$5710.00%+14New
Clearstead Advisors, LLC16$6530.00%−727−97.8%Reduced
Rossby Financial, LCC16$6530.00%+4+33.3%Added
Cornerstone Planning Group LLC18$6850.00%+18New
CIBC Private Wealth Group, LLC18$7340.00%+18New
DiNuzzo Private Wealth, Inc.21$8570.00%00.0%Unchanged
Jones Financial Companies LLLP25$1.02K0.00%−9−26.5%Reduced
Picton Mahoney Asset Management28$1.14K0.00%00.0%Unchanged
Sunbelt Securities, Inc.32$1.30K0.00%+31+3,100.0%Added
WPG Advisers, LLC35$1.43K0.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.38$1.55K0.00%+38New
Private Wealth Management Group, LLC42$1.71K0.00%00.0%Unchanged
Fortitude Family Office, LLC44$1.79K0.00%00.0%Unchanged
Farmers & Merchants Investments Inc50$2.04K0.00%00.0%Unchanged
Bogart Wealth, LLC52$2.12K0.00%00.0%Unchanged
Kilter Group LLC52$2.12K0.00%+52New
SJS Investment Consulting Inc.53$2.16K0.00%+40+307.7%Added
Westfuller Advisors, LLC54$2.19K0.00%00.0%Unchanged
Davidson Capital Management Inc.75$3.06K0.00%+75New
True Wealth Design, LLC83$3.39K0.00%−23−21.7%Reduced
Manchester Capital Management LLC90$3.67K0.00%00.0%Unchanged
Massmutual Trust Co FSB94$3.83K0.00%+42+80.8%Added
Parkside Financial Bank & Trust99$4.04K0.00%−161−61.9%Reduced
MAI Capital Management105$4.28K0.00%+60+133.3%Added
Legacy Wealth Managment, LLC109$4.45K0.00%+90+473.7%Added
JFS Wealth Advisors, LLC118$4.81K0.00%+29+32.6%Added
WealthCollab, LLC134$5.47K0.00%+134New
Brown Brothers Harriman & Co139$5.67K0.00%+139New
LRI Investments, LLC157$6.40K0.00%00.0%Unchanged
Bare Financial Services, Inc160$6.53K0.00%+160New
CX Institutional199$8.00K0.00%00.0%Unchanged
SageView Advisory Group, LLC210$8.57K0.00%+210New
Transamerica Financial Advisors, Inc.211$8.61K0.00%00.0%Unchanged
Basecamp Wealth Advisors LLC211$8.61K0.00%+211New
Fifth Third Bancorp213$8.69K0.00%+7+3.4%Added
Quarry LP223$9.10K0.00%−558−71.4%Reduced
Private Trust Co NA223$9.10K0.00%+208+1,386.7%Added
Parallel Advisors, LLC261$10.6K0.00%+3+1.2%Added
Bell Investment Advisors, Inc272$11.1K0.00%+39+16.7%Added
SRS Capital Advisors, Inc.294$12.0K0.00%−16,839−98.3%Reduced
Versant Capital Management, Inc314$12.8K0.00%+284+946.7%Added
Sound Income Strategies, LLC340$12.9K0.00%+334+5,566.7%Added
Root Financial Partners, LLC327$13.3K0.00%+39+13.5%Added
Hantz Financial Services, Inc.342$14.0K0.00%+276+418.2%Added
Danske Bank A/S400$16.3K0.00%−17,567−97.8%Reduced
SBI Securities Co., Ltd.401$16.4K0.00%−1−0.2%Reduced
Umb Bank N A403$16.4K0.00%+50+14.2%Added
Whittier Trust Co of Nevada Inc494$19.9K0.00%−12−2.4%Reduced
Mountain Hill Investment Partners Corp.500$20.4K0.01%00.0%Unchanged
Rothschild Investment LLC520$21.2K0.00%+222+74.5%Added
Salomon & Ludwin, LLC580$23.9K0.00%−10−1.7%Reduced
Nomura Asset Management Co Ltd630$25.7K0.00%00.0%Unchanged
Signaturefd, LLC633$25.8K0.00%+29+4.8%Added
Pacer Advisors, Inc.634$25.9K0.00%+52+8.9%Added
Public Employees Retirement System of Ohio757$30.9K0.00%−1−0.1%Reduced
Maseco LLP759$31.0K0.00%+759New
Pinnacle Wealth Planning Services, Inc.770$31.4K0.00%+770New
Bessemer Group Inc799$32.0K0.00%−46−5.4%Reduced
IFP Advisors, Inc796$32.5K0.00%+521+189.5%Added
STRS Ohio800$32.6K0.00%−14,300−94.7%Reduced
Harbor Capital Advisors, Inc.842$34.0K0.00%−14−1.6%Reduced
Farther Finance Advisors, LLC1,004$41.0K0.00%+620+161.5%Added
Rockefeller Capital Management L.P.1,160$47.3K0.00%+301+35.0%Added
Allworth Financial LP1,225$50.0K0.00%+565+85.6%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,262$51.0K0.00%+301+31.3%Added
Federated Hermes, Inc.1,263$51.5K0.00%−34,002−96.4%Reduced
Essential Partners LLC1,280$52.2K0.02%+37+3.0%Added
Lavaca Capital LLC1,400$57.1K0.01%00.0%Unchanged
Financial Consulate, Inc1,425$58.1K0.01%−12−0.8%Reduced
Whittier Trust Co1,533$61.9K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC1,548$63.1K0.00%−24−1.5%Reduced
Global Retirement Partners, LLC1,688$68.9K0.00%+1,148+212.6%Added
EverSource Wealth Advisors, LLC1,982$80.8K0.00%−432−17.9%Reduced
GAMMA Investing LLC2,072$84.5K0.00%+580+38.9%Added
Advisor Group Holdings, Inc.2,231$91.0K0.00%−2,749−55.2%Reduced
Smithfield Trust Co2,354$96.0K0.00%00.0%Unchanged
First Horizon Corp2,381$97.1K0.00%+1,952+455.0%Added
KBC Group NV2,615$107.0K0.00%00.0%Unchanged
Acadian Asset Management LLC3,158$128.0K0.00%+1,232+64.0%Added
Smartleaf Asset Management LLC3,291$135.6K0.01%−100−2.9%Reduced
New Age Alpha Advisors, LLC3,395$138.5K0.01%−154−4.3%Reduced
State of Wyoming3,865$157.7K0.02%−5,089−56.8%Reduced
Covestor Ltd3,894$159.0K0.08%+398+11.4%Added
Thompson Investment Management, Inc.4,000$163.2K0.02%00.0%Unchanged
Tower Research Capital LLC (TRC)4,708$192.0K0.00%+2,286+94.4%Added
Merit Financial Group, LLC5,169$210.8K0.00%+5,169New
Longboard Asset Management, LP5,171$210.9K1.34%+5,171New
CIBC World Markets Corp5,173$211.0K0.00%+5,173New
Abacus Wealth Partners, LLC5,182$211.4K0.02%+5,182New