NMI Holdings
NMIH
181 hedge funds and large institutions have $970M invested in NMI Holdings in 2018 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 61 increasing their positions, 55 reducing their positions, and 28 closing their positions.
61% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 28
15% more call options, than puts
Call options by funds: $705K | Put options by funds: $612K
11% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 55
10% more funds holding
Funds holding: 164 → 181 (+17)
4% more capital invested
Capital invested by funds: $930M → $970M (+$39.9M)
0.77% less ownership
Funds ownership: 91.12% → 90.35% (-0.77%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$12.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$9.71M |
| 4 |
BlackRock
New York
|
+$9.66M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$8.93M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$6.47M |
| 3 |
Renaissance Technologies
New York
|
-$5.45M |
| 4 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$3.89M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.36M |
NMIH Hedge Fund Activity: Q1 2018 in Review
181 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q1 2018, worth a combined $970M — up 4.3% from $930M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new NMIH positions and 28 closed out — a net gain of 17 holders — while 61 added to existing stakes and 55 trimmed.
The largest buyer was Primecap Management, adding an estimated $12.6M. The largest seller was Next Century Growth Investors, cutting an estimated $8.93M.
- 181 institutional investors held NMI Holdings (NMIH) as of Q1 2018, up from 164 in Q4 2017.
- Funds reported $970M of NMI Holdings stock for Q1 2018, up 4.3% quarter-over-quarter.
- 45 funds opened new NMI Holdings positions in Q1 2018 and 28 closed out, a net change of +17 holders.
- The largest NMI Holdings buyer in Q1 2018 was Primecap Management, an estimated $12.6M added.
- The largest NMI Holdings seller in Q1 2018 was Next Century Growth Investors, an estimated $8.93M sold.
Based on aggregated 13F filings for Q1 2018.