Raptor Capital Management’s NMI Holdings NMIH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-150,000	Closed	-$1.58M	–	25
2014 Q2	$1.58M	Hold	150,000	–	–	0.82%	27
2014 Q1	$1.76M	Hold	150,000	–	–	0.94%	31
2013 Q4	$1.91M	Buy	+150,000	New	+$1.91M	1.05%	26