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NMI Holdings

136 hedge funds and large institutions have $549M invested in NMI Holdings in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 54 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

9,480% more call options, than puts

Call options by funds: $11.4M | Put options by funds: $119K

11% more capital invested

Capital invested by funds: $496M → $549M (+$53M)

2.72% more ownership

Funds ownership: 78.81%81.53% (+2.7%)

0% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 19

4% less funds holding

Funds holding: 141136 (-5)

20% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 54

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
136
Holders Change
-5
Holders Change %
-3.55%
% of All Funds
3.39%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.1%
New
19
Increased
43
Reduced
54
Closed
19
Calls
$11.4M
Puts
$119K
Net Calls
+$11.3M
Net Calls Change
+$11.4M
Name Holding Trade Value Shares
Change
Change in
Stake
PAM
26
Panagora Asset Management
Massachusetts
$5.95M +$913K +83,242 +19%
FCM
27
FJ Capital Management
Virginia
$5.7M -$548K -50,000 -9%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$5.49M +$212K +19,354 +4%
TCIM
29
TIAA CREF Investment Management
New York
$5.41M -$518K -47,189 -9%
Baird Financial Group
30
Baird Financial Group
Wisconsin
$5.39M +$5.18M +472,539 New
Millennium Management
31
Millennium Management
New York
$5.23M -$1.67M -152,636 -25%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$5.14M +$384K +35,013 +8%
BCM
33
Bridgeway Capital Management
Texas
$4.97M +$8.22K +750 +0.2%
OWIM
34
Old West Investment Management
California
$4.83M -$4.54M -413,546 -49%
DCM
35
Driehaus Capital Management
Illinois
$4.32M +$4.16M +379,204 New
Russell Investments Group
36
Russell Investments Group
United Kingdom
$4.06M +$2.46M +224,492 +171%
PI
37
Putnam Investments
Massachusetts
$3.98M -$1.77M -161,100 -32%
GCP
38
GSA Capital Partners
United Kingdom
$3.2M +$1.29M +117,766 +72%
AQR Capital Management
39
AQR Capital Management
Connecticut
$2.98M +$1.31M +119,906 +85%
RA
40
Royce & Associates
New York
$2.65M -$328K -29,900 -11%
Charles Schwab
41
Charles Schwab
California
$2.63M +$311K +28,399 +14%
FPC
42
Falcon Point Capital
California
$2.32M +$712K +64,914 +47%
SC
43
Seawolf Capital
New York
$2.31M +$275K +25,071 +14%
Two Sigma Investments
44
Two Sigma Investments
New York
$2.28M -$2.98M -271,458 -58%
ZIM
45
Zacks Investment Management
Illinois
$2.11M -$353K -32,176 -15%
Morgan Stanley
46
Morgan Stanley
New York
$2.02M -$671K -61,204 -26%
ICRM
47
Insight Capital Research & Management
California
$2M -$1.1M -100,146 -36%
JP Morgan Chase
48
JP Morgan Chase
New York
$1.98M -$896K -81,743 -32%
Fuller & Thaler Asset Management
49
Fuller & Thaler Asset Management
California
$1.81M +$978K +89,200 +128%
QI
50
QS Investors
New York
$1.75M +$190K +17,312 +13%

NMIH Hedge Fund Activity: Q1 2017 in Review

136 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q1 2017, worth a combined $549M — up 11% from $496M a quarter earlier.

Fund positioning in NMIH was balanced in Q1 2017: 19 funds opened new positions, 19 closed out, 43 added to existing stakes and 54 trimmed.

The largest buyer was BlackRock, adding an estimated $38.3M. The largest seller was SG Capital Management, exiting entirely with an estimated $5.49M sold.

  • 136 institutional investors held NMI Holdings (NMIH) as of Q1 2017, down from 141 in Q4 2016.
  • Funds reported $549M of NMI Holdings stock for Q1 2017, up 11% quarter-over-quarter.
  • 19 funds opened new NMI Holdings positions in Q1 2017 and 19 closed out, a net change of 0 holders.
  • The largest NMI Holdings buyer in Q1 2017 was BlackRock, an estimated $38.3M added.
  • The largest NMI Holdings seller in Q1 2017 was SG Capital Management, an estimated $5.49M sold.

Based on aggregated 13F filings for Q1 2017.