NMI Holdings
NMIH
84 hedge funds and large institutions have $515M invested in NMI Holdings in 2014 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
41% more capital inflows, than outflows
Capital inflows: $64.7M | Capital outflows: $45.8M
17% more funds holding
Funds holding: 72 → 84 (+12)
2.68% more ownership
Funds ownership: 81.29% → 83.97% (+2.7%)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock Fund Advisors
San Francisco,
California
|
+$13.8M |
| 2 |
D.E. Shaw & Co
New York
|
+$7.46M |
| 3 |
State Street
Boston,
Massachusetts
|
+$6.07M |
| 4 |
BlackRock Institutional Trust
San Francisco,
California
|
+$5.79M |
| 5 |
AC
Amici Capital
New York
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Columbus Hill Capital Management
Short Hills,
New Jersey
|
-$8.99M |
| 2 |
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$5.75M |
| 3 |
Highland Capital Management (Texas)
Dallas,
Texas
|
-$4.1M |
| 4 |
AIM
Allen Investment Management
New York
|
-$3.52M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$3.18M |
NMIH Hedge Fund Activity: Q2 2014 in Review
84 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q2 2014, worth a combined $515M — down 6.9% from $553M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NMIH positions and 17 closed out — a net gain of 12 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was BlackRock Fund Advisors, opening a new position worth an estimated $13.8M. The largest seller was Columbus Hill Capital Management, cutting an estimated $8.99M.
- 84 institutional investors held NMI Holdings (NMIH) as of Q2 2014, up from 72 in Q1 2014.
- Funds reported $515M of NMI Holdings stock for Q2 2014, down 6.9% quarter-over-quarter.
- 29 funds opened new NMI Holdings positions in Q2 2014 and 17 closed out, a net change of +12 holders.
- The largest NMI Holdings buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $13.8M added.
- The largest NMI Holdings seller in Q2 2014 was Columbus Hill Capital Management, an estimated $8.99M sold.
Based on aggregated 13F filings for Q2 2014.