NMI Holdings
NMIH
258 hedge funds and large institutions have $2.1B invested in NMI Holdings in 2023 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 91 increasing their positions, 99 reducing their positions, and 16 closing their positions.
169% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more funds holding
Funds holding: 235 → 258 (+23)
4% more capital invested
Capital invested by funds: $2.02B → $2.1B (+$80.7M)
0.17% more ownership
Funds ownership: 93.89% → 94.06% (+0.17%)
8% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 99
79% less call options, than puts
Call options by funds: $76K | Put options by funds: $366K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.8M |
| 2 |
Millennium Management
New York
|
+$8.3M |
| 3 |
Morgan Stanley
New York
|
+$8.24M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$6.88M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.7M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$12.6M |
| 4 |
BlackRock
New York
|
-$12.4M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$12.1M |
NMIH Hedge Fund Activity: Q3 2023 in Review
258 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q3 2023, worth a combined $2.1B — up 4% from $2.02B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new NMIH positions and 16 closed out — a net gain of 27 holders — while 91 added to existing stakes and 99 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $9.8M. The largest seller was Fidelity Investments, cutting an estimated $31.2M.
- 258 institutional investors held NMI Holdings (NMIH) as of Q3 2023, up from 235 in Q2 2023.
- Funds reported $2.1B of NMI Holdings stock for Q3 2023, up 4% quarter-over-quarter.
- 43 funds opened new NMI Holdings positions in Q3 2023 and 16 closed out, a net change of +27 holders.
- The largest NMI Holdings buyer in Q3 2023 was Assenagon Asset Management, an estimated $9.8M added.
- The largest NMI Holdings seller in Q3 2023 was Fidelity Investments, an estimated $31.2M sold.
Based on aggregated 13F filings for Q3 2023.