NMI Holdings
NMIH
82 hedge funds and large institutions have $376M invested in NMI Holdings in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 15 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
4% less funds holding
Funds holding: 85 → 82 (-3)
18% less capital invested
Capital invested by funds: $456M → $376M (-$79.8M)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$8.04M |
| 2 |
AC
Amici Capital
New York
|
+$3.36M |
| 3 |
SAM
Serengeti Asset Management
New York
|
+$2.74M |
| 4 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$2.71M |
| 5 |
BHCM
Brevan Howard Capital Management
St. Helier,
Jersey
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$7.9M |
| 2 |
CRAM
Claren Road Asset Management
New York
|
-$7.82M |
| 3 |
CC
Consector Capital
New York
|
-$4.57M |
| 4 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$4.16M |
| 5 |
WCM
Waterstone Capital Management
St. Louis Park,
Minnesota
|
-$1.63M |
NMIH Hedge Fund Activity: Q1 2015 in Review
82 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q1 2015, worth a combined $376M — down 18% from $456M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NMIH and 12 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 29 added.
The largest buyer was Oaktree Capital Management, adding an estimated $8.04M. The largest seller was Ardsley Advisory Partners, exiting entirely with an estimated $7.9M sold.
- 82 institutional investors held NMI Holdings (NMIH) as of Q1 2015, down from 85 in Q4 2014.
- Funds reported $376M of NMI Holdings stock for Q1 2015, down 18% quarter-over-quarter.
- 12 funds opened new NMI Holdings positions in Q1 2015 and 15 closed out, a net change of -3 holders.
- The largest NMI Holdings buyer in Q1 2015 was Oaktree Capital Management, an estimated $8.04M added.
- The largest NMI Holdings seller in Q1 2015 was Ardsley Advisory Partners, an estimated $7.9M sold.
Based on aggregated 13F filings for Q1 2015.