NMI Holdings
NMIH
72 hedge funds and large institutions have $553M invested in NMI Holdings in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 4 closing their positions.
675% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 4
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
53% more funds holding
Funds holding: 47 → 72 (+25)
22% more capital invested
Capital invested by funds: $455M → $553M (+$98.5M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRAM
Claren Road Asset Management
New York
|
+$83.1M |
| 2 |
DP
DW Partners
New York
|
+$24.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.7M |
| 4 |
BCMU
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
|
+$11.4M |
| 5 |
CC
Consector Capital
New York
|
+$7.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$14.3M |
| 2 |
CHCM
Columbus Hill Capital Management
Short Hills,
New Jersey
|
-$7.29M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$3.91M |
| 4 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$2.76M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.62M |
NMIH Hedge Fund Activity: Q1 2014 in Review
72 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q1 2014, worth a combined $553M — up 22% from $455M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new NMIH positions and 4 closed out — a net gain of 27 holders — while 19 added to existing stakes and 10 trimmed.
The largest buyer was Claren Road Asset Management, opening a new position worth an estimated $83.1M. The largest seller was Invesco, cutting an estimated $14.3M.
- 72 institutional investors held NMI Holdings (NMIH) as of Q1 2014, up from 47 in Q4 2013.
- Funds reported $553M of NMI Holdings stock for Q1 2014, up 22% quarter-over-quarter.
- 31 funds opened new NMI Holdings positions in Q1 2014 and 4 closed out, a net change of +27 holders.
- The largest NMI Holdings buyer in Q1 2014 was Claren Road Asset Management, an estimated $83.1M added.
- The largest NMI Holdings seller in Q1 2014 was Invesco, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2014.