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 |
|---|---|---|---|---|---|
| Kestra Investment Management, LLC | 5,192 | $211.8K | 0.01% | −1,954−27.3% | Reduced |
| Sequoia Financial Advisors, LLC | 5,246 | $214.0K | 0.00% | +5,246 | New |
| Ensign Peak Advisors, Inc | 5,273 | $215.1K | 0.00% | −13,600−72.1% | Reduced |
| Buckingham Strategic Partners | 5,519 | $225.1K | 0.00% | +5,519 | New |
| FourThought Financial Partners, LLC | 5,582 | $227.7K | 0.02% | +5,582 | New |
| Hohimer Wealth Management, LLC | 5,585 | $227.8K | 0.03% | +18+0.3% | Added |
| CI Private Wealth, LLC | 5,609 | $228.8K | 0.00% | −19−0.3% | Reduced |
| CAPROCK Group, Inc. | 5,615 | $229.0K | 0.00% | +493+9.6% | Added |
| Crossmark Global Holdings, Inc. | 5,647 | $230.3K | 0.00% | +10.0% | Added |
| Bailard, Inc. | 5,700 | $232.5K | 0.01% | 00.0% | Unchanged |
| ISAM Funds (UK) Ltd | 6,175 | $251.9K | 0.09% | +6,175 | New |
| Xponance, Inc. | 6,184 | $252.2K | 0.00% | +45+0.7% | Added |
| Skopos Labs, Inc. | 6,150 | $254.7K | 0.01% | +6,150 | New |
| Mirabella Financial Services LLP | 6,501 | $265.2K | 0.03% | +6,501 | New |
| Ameritas Investment Partners, Inc. | 6,533 | $266.5K | 0.01% | 00.0% | Unchanged |
| Profund Advisors LLC | 6,545 | $267.0K | 0.01% | +124+1.9% | Added |
| MML Investors Services, LLC | 6,673 | $272.2K | 0.00% | −310−4.4% | Reduced |
| Atria Investments LLC | 7,015 | $286.1K | 0.00% | −389−5.3% | Reduced |
| Aquatic Capital Management LLC | 7,021 | $286.4K | 0.01% | −31,340−81.7% | Reduced |
| Sterling Capital Management LLC | 7,132 | $290.9K | 0.00% | −11,142−61.0% | Reduced |
| Vise Technologies, Inc. | 7,189 | $293.2K | 0.01% | +7,189 | New |
| Contravisory Investment Management, Inc. | 7,616 | $310.7K | 0.06% | −281−3.6% | Reduced |
| Pallas Capital Advisors LLC | 7,618 | $310.7K | 0.01% | −328−4.1% | Reduced |
| Centaurus Financial, Inc. | 7,751 | $316.0K | 0.01% | +579+8.1% | Added |
| Neuberger Berman Group LLC | 7,954 | $324.4K | 0.00% | +421+5.6% | Added |
| DekaBank Deutsche Girozentrale | 9,669 | $329.0K | 0.00% | 00.0% | Unchanged |
| Bank of Montreal | 8,165 | $333.1K | 0.00% | −253−3.0% | Reduced |
| RBF Capital, LLC | 8,425 | $343.7K | 0.02% | 00.0% | Unchanged |
| Mutual of America Capital Management LLC | 8,785 | $358.3K | 0.00% | +95+1.1% | Added |
| Janney Montgomery Scott LLC | 8,858 | $361.0K | 0.00% | −1,761−16.6% | Reduced |
| The PNC Financial Services Group, Inc. | 9,472 | $386.4K | 0.00% | +1,986+26.5% | Added |
| XTX Topco Ltd | 9,615 | $392.2K | 0.01% | −337−3.4% | Reduced |
| JustInvest LLC | 9,689 | $395.2K | 0.00% | +674+7.5% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 9,700 | $395.7K | 0.00% | +900+10.2% | Added |
| Citizens Financial Group Inc | 9,889 | $403.4K | 0.01% | −3,749−27.5% | Reduced |
| EP Wealth Advisors, LLC | 10,235 | $417.5K | 0.00% | +10,235 | New |
| Capstone Investment Advisors, LLC | 10,374 | $423.2K | 0.00% | +10,374 | New |
| Allspring Global Investments Holdings, LLC | 10,642 | $432.2K | 0.00% | −7,159−40.2% | Reduced |
| Maryland State Retirement & Pension System | 11,232 | $458.2K | 0.01% | +80+0.7% | Added |
| Bokf, NA | 11,362 | $463.5K | 0.01% | −57−0.5% | Reduced |
| CWM Advisors, LLC | 11,408 | $465.3K | 0.04% | −401−3.4% | Reduced |
| HighTower Advisors, LLC | 11,454 | $467.2K | 0.00% | −14−0.1% | Reduced |
| Amundi | 11,490 | $468.7K | 0.00% | −2,488−17.8% | Reduced |
| Entropy Technologies, LP | 11,700 | $477.2K | 0.03% | +5,705+95.2% | Added |
| Cetera Investment Advisers | 11,715 | $477.9K | 0.00% | +844+7.8% | Added |
| Keebeck Wealth Management, LLC | 12,044 | $491.3K | 0.06% | −407−3.3% | Reduced |
| Pictet Asset Management Holding SA | 12,104 | $493.7K | 0.00% | 00.0% | Unchanged |
| Toroso Investments, LLC | 12,605 | $514.2K | 0.00% | −20,100−61.5% | Reduced |
| Aviva PLC | 12,655 | $516.2K | 0.00% | +560+4.6% | Added |
| Los Angeles Capital Management LLC | 14,699 | $534.3K | 0.00% | −25,884−63.8% | Reduced |
| Legato Capital Management LLC | 13,659 | $557.2K | 0.05% | +13,659 | New |
| Quadrant Capital Group LLC | 14,236 | $580.7K | 0.02% | −253−1.7% | Reduced |
| Brevan Howard Capital Management LP | 14,540 | $593.1K | 0.01% | −1,320−8.3% | Reduced |
| Illumine Investment Management, LLC | 14,682 | $598.9K | 0.44% | −110−0.7% | Reduced |
| Mackenzie Financial Corp | 14,685 | $604.0K | 0.00% | +14,685 | New |
| Fox Run Management, L.L.C. | 14,831 | $605.0K | 0.09% | +8,360+129.2% | Added |
| Axq Capital, LP | 14,834 | $605.1K | 0.14% | +9,151+161.0% | Added |
| Graham Capital Management, L.P. | 14,839 | $605.3K | 0.02% | −9,047−37.9% | Reduced |
| Winton Group Ltd | 14,857 | $606.0K | 0.02% | −12,917−46.5% | Reduced |
| US Bancorp | 14,999 | $611.8K | 0.00% | −175−1.2% | Reduced |
| Voleon Capital Management LP | 15,159 | $618.3K | 0.01% | −2,038−11.9% | Reduced |
| ProShare Advisors LLC | 15,172 | $618.9K | 0.00% | +453+3.1% | Added |
| Stifel Financial Corp | 15,263 | $622.6K | 0.00% | −54−0.4% | Reduced |
| Balyasny Asset Management LLC | 15,449 | $630.2K | 0.00% | −35,936−69.9% | Reduced |
| Pathstone Holdings, LLC | 15,513 | $632.8K | 0.00% | −2,820−15.4% | Reduced |
| Vestcor Inc | 15,724 | $641.0K | 0.02% | +4,000+34.1% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 16,008 | $653.0K | 0.00% | −8,465−34.6% | Reduced |
| Guggenheim Capital LLC | 16,120 | $657.5K | 0.00% | +10,892+208.3% | Added |
| EntryPoint Capital, LLC | 16,393 | $668.7K | 0.26% | +6,057+58.6% | Added |
| Aigen Investment Management, LP | 16,594 | $676.9K | 0.16% | +16,594 | New |
| Quantbot Technologies LP | 17,167 | $700.2K | 0.02% | −22,311−56.5% | Reduced |
| Hancock Whitney Corp | 17,235 | $703.0K | 0.01% | +36+0.2% | Added |
| R Squared Ltd | 17,343 | $707.4K | 0.33% | +1,540+9.7% | Added |
| Oregon Public Employees Retirement Fund | 17,567 | $716.6K | 0.01% | +100+0.6% | Added |
| GWM Advisors LLC | 18,111 | $738.7K | 0.00% | +8,175+82.3% | Added |
| Susquehanna Fundamental Investments, LLC | 18,133 | $739.6K | 0.03% | +18,133 | New |
| Legend Financial Advisors, Inc. | 18,665 | $761.3K | 0.46% | −35−0.2% | Reduced |
| Mercer Global Advisors Inc | 18,816 | $767.5K | 0.00% | +7,280+63.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 19,030 | $776.2K | 0.00% | −726−3.7% | Reduced |
| Evolve Private Wealth, LLC | 19,223 | $784.1K | 0.05% | +19,223 | New |
| Yousif Capital Management, LLC | 20,830 | $786.5K | 0.01% | −3,177−13.2% | Reduced |
| Handelsbanken Fonder AB | 19,300 | $787.0K | 0.00% | 00.0% | Unchanged |
| Teachers Retirement System of the State of Kentucky | 19,725 | $805.0K | 0.01% | −2,684−12.0% | Reduced |
| TD Asset Management Inc | 19,900 | $811.7K | 0.00% | +3,900+24.4% | Added |
| Glenmede Trust Co NA | 19,937 | $813.2K | 0.00% | +19,937 | New |
| Steadtrust LLC | 20,000 | $815.8K | 0.50% | 00.0% | Unchanged |
| Dark Forest Capital Management LP | 20,097 | $819.8K | 0.04% | +20,097 | New |
| Polaris Capital Management, LLC | 20,400 | $832.1K | 0.07% | +20,400 | New |
| HGK Asset Management Inc | 20,709 | $844.7K | 0.13% | −5,235−20.2% | Reduced |
| Daiwa Securities Group Inc. | 20,900 | $853.0K | 0.00% | 00.0% | Unchanged |
| VARCOV Co. | 21,238 | $866.3K | 0.34% | +21,238 | New |
| Arizona State Retirement System | 21,546 | $878.9K | 0.00% | −1,553−6.7% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 21,595 | $880.9K | 0.01% | −38−0.2% | Reduced |
| Isthmus Partners, LLC | 22,000 | $897.4K | 0.10% | 00.0% | Unchanged |
| Inceptionr LLC | 22,283 | $908.9K | 0.25% | −867−3.7% | Reduced |
| Amalgamated Bank | 22,383 | $913.0K | 0.01% | +110.0% | Added |
| Unison Advisors LLC | 22,757 | $928.3K | 0.08% | 00.0% | Unchanged |
| State Board of Administration of Florida Retirement System | 23,437 | $956.0K | 0.00% | 00.0% | Unchanged |
| Grantham, Mayo, Van Otterloo & Co. LLC | 23,598 | $962.6K | 0.00% | −1,907−7.5% | Reduced |
| Squarepoint Ops LLC | 24,092 | $982.7K | 0.00% | +14,621+154.4% | Added |