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NMI Holdings

351 hedge funds and large institutions have $3.17B invested in NMI Holdings in 2025 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 143 increasing their positions, 128 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

13,400% more call options, than puts

Call options by funds: $1.08M | Put options by funds: $8K

16% more capital invested

Capital invested by funds: $2.73B → $3.17B (+$443M)

12% more repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 128

8% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 38

0% more funds holding

Funds holding: 351351 (0)

0.27% less ownership

Funds ownership: 96.44%96.18% (-0.27%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
351
Holders Change
Holders Change %
0%
% of All Funds
4.62%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
41
Increased
143
Reduced
128
Closed
38
Calls
$1.08M
Puts
$8K
Net Calls
+$1.07M
Net Calls Change
-$331K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$582M +$22.8M +606,083 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$304M +$1.13M +30,048 +0.4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$180M -$4.84M -128,812 -3%
State Street
4
State Street
Massachusetts
$140M -$8.49M -226,062 -6%
American Century Companies
5
American Century Companies
Missouri
$94.9M +$4.35M +115,854 +5%
Macquarie Group
6
Macquarie Group
Australia
$93.9M +$2.19M +58,254 +3%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$83M +$211K +5,628 +0.3%
VBA
8
Van Berkom & Associates
Quebec, Canada
$80.2M -$7.49M -199,402 -9%
Morgan Stanley
9
Morgan Stanley
New York
$48.8M +$7.38M +196,278 +20%
N
10
Nuveen
North Carolina
$48.7M -$3.42M -90,997 -7%
Capital World Investors
11
Capital World Investors
California
$48.5M
Millennium Management
12
Millennium Management
New York
$47.6M -$11.4M -304,476 -21%
FCM
13
Frontier Capital Management
Massachusetts
$47.3M +$1.59M +42,436 +4%
Barclays
14
Barclays
United Kingdom
$45M +$20.8M +554,736 +108%
Assenagon Asset Management
15
Assenagon Asset Management
Luxembourg
$43.5M -$37.7M -1,002,191 -49%
Charles Schwab
16
Charles Schwab
California
$41.3M -$1.7M -45,276 -4%
Goldman Sachs
17
Goldman Sachs
New York
$39.7M +$3.04M +80,923 +9%
Northern Trust
18
Northern Trust
Illinois
$37.3M -$537K -14,301 -2%
ClearBridge Investments
19
ClearBridge Investments
New York
$34.2M -$78.1K -2,079 -0.3%
Qube Research & Technologies (QRT)
20
Qube Research & Technologies (QRT)
United Kingdom
$32M +$2.77M +73,695 +11%
JP Morgan Chase
21
JP Morgan Chase
New York
$29.3M -$2.16M -57,573 -8%
Allianz Asset Management
22
Allianz Asset Management
Germany
$27M +$10.4M +277,318 +76%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$26M +$3.6M +95,899 +18%
Public Sector Pension Investment Board (PSP Investments)
24
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$23.9M +$841K +22,383 +4%
PAM
25
Panagora Asset Management
Massachusetts
$23.9M +$449K +11,952 +2%

NMIH Hedge Fund Activity: Q2 2025 in Review

351 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q2 2025, worth a combined $3.17B — up 16% from $2.73B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new NMIH positions and 38 closed out — a net gain of 3 holders — while 143 added to existing stakes and 128 trimmed.

The largest buyer was BlackRock, adding an estimated $22.8M. The largest seller was Goldentree Asset Management, exiting entirely with an estimated $48.4M sold.

  • 351 institutional investors held NMI Holdings (NMIH) as of Q2 2025, unchanged from Q1 2025.
  • Funds reported $3.17B of NMI Holdings stock for Q2 2025, up 16% quarter-over-quarter.
  • 41 funds opened new NMI Holdings positions in Q2 2025 and 38 closed out, a net change of +3 holders.
  • The largest NMI Holdings buyer in Q2 2025 was BlackRock, an estimated $22.8M added.
  • The largest NMI Holdings seller in Q2 2025 was Goldentree Asset Management, an estimated $48.4M sold.

Based on aggregated 13F filings for Q2 2025.