NMI Holdings, Inc. - Class A Stock (NMIH) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Class A Stock
Symbol
NMIH on Nasdaq
Shares outstanding
78,419,546
Price per share
$38.69
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
73,481,904
Total reported value
$2,997,207,967
% of total 13F portfolios
0%
Share change
-1,963,206
Value change
-$74,185,514
Number of holders
356
Price from insider filings
$38.69
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of NMI Holdings, Inc. - Class A Stock (NMIH) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 15% $398,120,351 11,919,771 BlackRock, Inc. 31 Mar 2025

As of 31 Dec 2025, 356 institutional investors reported holding 73,481,904 shares of NMI Holdings, Inc. - Class A Stock (NMIH). This represents 94% of the company’s total 78,419,546 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NMI Holdings, Inc. - Class A Stock (NMIH) together control 66% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 17% 13,115,654 -4.1% 0.01% $534,987,526
VANGUARD GROUP INC 9.1% 7,116,394 -0.93% 0% $290,277,711
DIMENSIONAL FUND ADVISORS LP 5.5% 4,317,436 +0.67% 0.04% $176,110,672
STATE STREET CORP 4.1% 3,234,268 -2.5% 0% $131,925,792
AMERICAN CENTURY COMPANIES INC 3.2% 2,512,957 +5.6% 0.05% $102,503,516
Van Berkom & Associates Inc. 2.6% 2,016,030 +5.6% 2.4% $82,234,000
GEODE CAPITAL MANAGEMENT, LLC 2.5% 1,982,722 +0.27% 0% $80,887,124
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 2.3% 1,808,506 0% 0.11% $73,769,000
Capital World Investors 1.5% 1,150,000 0% 0.01% $46,908,500
Nuveen, LLC 1.4% 1,131,271 -1.1% 0.01% $46,144,544
MORGAN STANLEY 1.4% 1,119,410 -4.9% 0% $45,660,777
BANK OF AMERICA CORP /DE/ 1.4% 1,062,909 +4.8% 0% $43,356,039
FRONTIER CAPITAL MANAGEMENT CO LLC 1.4% 1,059,178 -8.5% 0.46% $43,203,871
Assenagon Asset Management S.A. 1.3% 1,007,750 -2.3% 0.06% $41,106,123
BARCLAYS PLC 1.3% 989,364 -10% 0.02% $40,356,158
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.2% 979,400 +0.13% 0.01% $39,949,726
GOLDMAN SACHS GROUP INC 1.2% 961,596 -4.4% 0.01% $39,223,501
FMR LLC 1.1% 859,119 +135% 0% $35,043,464
NORTHERN TRUST CORP 1% 810,806 -11% 0% $33,072,776
D. E. Shaw & Co., Inc. 1% 781,611 +0.66% 0.02% $31,881,913
Clearbridge Investments, LLC 0.99% 774,359 -3.7% 0.03% $31,586,098
Allianz Asset Management GmbH 0.97% 760,307 +69% 0.04% $31,012,922
AQR CAPITAL MANAGEMENT LLC 0.94% 733,478 +30% 0.02% $29,918,568
JPMORGAN CHASE & CO 0.81% 638,679 +2.2% 0% $26,051,716
Qube Research & Technologies Ltd 0.81% 634,431 -16% 0.04% $25,878,440

Institutional Holders of NMI Holdings, Inc. - Class A Stock (NMIH) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 73,481,904 $2,997,207,967 -$74,185,514 $40.79 356
2025 Q3 74,262,372 $2,847,115,306 -$37,713,733 $38.34 349
2025 Q2 75,116,299 $3,169,002,585 -$632,422 $42.19 349
2025 Q1 75,381,092 $2,717,326,553 +$13,126,000 $36.05 347
2024 Q4 74,978,734 $2,756,093,393 -$65,409,666 $36.76 326
2024 Q3 76,476,565 $3,148,376,945 -$57,033,799 $41.19 331
2024 Q2 77,842,068 $2,649,554,048 +$16,703,357 $34.04 298
2024 Q1 77,803,433 $2,515,421,594 +$16,547,102 $32.34 292
2023 Q4 77,559,068 $2,301,964,727 +$3,852,568 $29.68 277
2023 Q3 77,465,952 $2,098,571,849 -$13,388,833 $27.09 257
2023 Q2 78,174,699 $2,018,128,694 -$51,132,335 $25.82 234
2023 Q1 79,762,828 $1,781,094,603 -$23,001,100 $22.33 234
2022 Q4 81,479,531 $1,703,060,901 -$17,298,561 $20.90 227
2022 Q3 82,367,178 $1,678,083,213 -$8,112,771 $20.37 217
2022 Q2 82,644,056 $1,376,387,323 -$12,621,773 $16.65 218
2022 Q1 83,314,061 $1,717,994,021 +$30,593,863 $20.62 214
2021 Q4 81,472,845 $1,780,148,901 -$12,527,370 $21.85 215
2021 Q3 81,674,626 $1,847,596,824 +$20,485,455 $22.61 211
2021 Q2 80,635,909 $1,812,379,142 +$7,085,677 $22.48 206
2021 Q1 80,283,199 $1,897,481,487 -$22,828,480 $23.64 200
2020 Q4 81,319,910 $1,842,500,293 +$26,870,363 $22.65 194
2020 Q3 80,150,391 $1,426,632,731 +$42,808,184 $17.80 176
2020 Q2 78,785,221 $1,265,777,492 +$258,559,938 $16.08 215
2020 Q1 63,671,173 $738,005,061 -$89,592,438 $11.61 212
2019 Q4 62,436,444 $2,068,668,851 +$31,310,816 $33.18 245
2019 Q3 61,973,044 $1,626,452,178 -$4,638,005 $26.26 224
2019 Q2 62,040,579 $1,758,915,153 +$23,123,414 $28.39 221
2019 Q1 61,831,869 $1,598,852,838 +$28,069,263 $25.87 200
2018 Q4 61,041,348 $1,089,240,760 -$17,767,840 $17.85 183
2018 Q3 60,826,798 $1,377,526,452 +$26,747,421 $22.65 183
2018 Q2 60,199,959 $981,365,488 +$25,471,103 $16.30 184
2018 Q1 58,620,934 $970,076,215 +$64,353,344 $16.55 176
2017 Q4 54,700,434 $930,149,228 +$91,664,143 $17.00 163
2017 Q3 50,238,442 $623,263,712 +$7,824,975 $12.40 131
2017 Q2 49,709,626 $569,175,165 +$19,525,191 $11.45 122
2017 Q1 48,225,255 $549,755,033 +$60,150,555 $11.40 136
2016 Q4 46,607,351 $496,371,991 +$41,963,109 $10.65 141
2016 Q3 48,873,920 $373,538,491 +$10,533,987 $7.62 121
2016 Q2 47,522,220 $260,416,291 -$11,645,142 $5.48 109
2016 Q1 48,910,013 $247,066,000 +$9,284,330 $5.05 99
2015 Q4 48,866,631 $333,338,738 -$13,876,585 $6.77 95
2015 Q3 50,524,469 $383,869,210 +$6,608,463 $7.60 98
2015 Q2 49,635,330 $394,879,451 -$2,163,382 $8.02 86
2015 Q1 50,191,650 $375,805,787 -$1,695,813 $7.49 81
2014 Q4 49,908,599 $455,610,059 +$5,895,960 $9.13 84
2014 Q3 48,741,947 $421,185,745 -$16,307,198 $8.65 79
2014 Q2 49,007,270 $514,856,141 +$17,616,218 $10.50 83
2014 Q1 47,200,209 $552,959,177 +$140,377,120 $11.72 71