NMI Holdings
NMIH
249 hedge funds and large institutions have $2.07B invested in NMI Holdings in 2019 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 74 increasing their positions, 94 reducing their positions, and 18 closing their positions.
161% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 18
27% more capital invested
Capital invested by funds: $1.63B → $2.07B (+$443M)
9% more funds holding
Funds holding: 228 → 249 (+21)
0.4% more ownership
Funds ownership: 91.69% → 92.09% (+0.4%)
21% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 94
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
73% less call options, than puts
Call options by funds: $926K | Put options by funds: $3.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$17.6M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$16.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$15.3M |
| 4 |
Morgan Stanley
New York
|
+$10.6M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$8.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$18M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.9M |
| 3 |
Millennium Management
New York
|
-$9.67M |
| 4 |
Goldman Sachs
New York
|
-$9.45M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.7M |
NMIH Hedge Fund Activity: Q4 2019 in Review
249 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q4 2019, worth a combined $2.07B — up 27% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NMIH positions and 18 closed out — a net gain of 29 holders — while 74 added to existing stakes and 94 trimmed.
The largest buyer was Westfield Capital Management, opening a new position worth an estimated $17.6M. The largest seller was Oaktree Capital Management, cutting an estimated $18M.
- 249 institutional investors held NMI Holdings (NMIH) as of Q4 2019, up from 228 in Q3 2019.
- Funds reported $2.07B of NMI Holdings stock for Q4 2019, up 27% quarter-over-quarter.
- 47 funds opened new NMI Holdings positions in Q4 2019 and 18 closed out, a net change of +29 holders.
- The largest NMI Holdings buyer in Q4 2019 was Westfield Capital Management, an estimated $17.6M added.
- The largest NMI Holdings seller in Q4 2019 was Oaktree Capital Management, an estimated $18M sold.
Based on aggregated 13F filings for Q4 2019.