L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 4 Feb 2026
Managers listing it
32
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 4 listed it in both
Shares listed
8,312,224
combined, among listed positions
Reported value
$339m
combined, at the quarter end

Among the 92 comparable managers: 17 buyers (opened or added shares) and 14 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +654,124.

Managers listing NMIH in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

32 of 32 holders

ActionFiling
Capital World Investors1,150,000$47munder 0.1%Held011 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)859,119$35munder 0.1%Added+493,37017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.781,611$32munder 0.1%Added+5,09317 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC733,478$30munder 0.1%Added+171,20317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC564,938$23munder 0.1%Trimmed-398,25517 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC546,815$22m0.07%Added+139,92713 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP475,764$19munder 0.1%Trimmed-19,20813 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP441,605$18munder 0.1%Added+141,13817 Feb 2026 (the filing on sec.gov)
Invesco Ltd422,419$17munder 0.1%Trimmed-5,79819 Feb 2026 (the filing on sec.gov)
Tudor Investment Corp346,716$14munder 0.1%Trimmed-22,12417 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC323,424$13munder 0.1%Added+128,54117 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC273,259$11munder 0.1%Trimmed-1004 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC218,835$8.9munder 0.1%Trimmed-31,00617 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP218,141$8.9munder 0.1%Added+195,45517 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP194,100$7.9munder 0.1%Added+15,00017 Feb 2026 (the filing on sec.gov)
Man Group PLC174,105$7.1munder 0.1%Added+23,11517 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP96,056$3.9munder 0.1%Added+4,33117 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc69,900$2.9munder 0.1%Added+1,99117 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC62,760$2.6munder 0.1%Added+43,11713 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP54,061$2.2munder 0.1%Added+4,58117 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC53,381$2.2munder 0.1%Trimmed-17,97517 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC52,653$2.1munder 0.1%Trimmed-111,60012 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP37,679$1.5munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd35,174$1.4munder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC29,014$1.2munder 0.1%Trimmed-79,65612 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
7 in Q3 2024 to 3 in Q2 2026

Tracked managers listing it, at least.

02468201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NMIH by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20141$5.2mn.a.n.a.
Q4 20141$25mn.a.n.a.
Q1 20152$30mn.a.n.a.
Q2 20152$45mn.a.n.a.
Q3 20152$44mn.a.n.a.
Q4 20151$38mn.a.n.a.
Q1 20161$29mn.a.n.a.
Q2 20161$32mn.a.n.a.
Q3 20161$44mn.a.n.a.
Q4 20162$76mn.a.n.a.
Q1 20172$89mn.a.n.a.
Q2 20172$106mn.a.n.a.
Q3 20172$115mn.a.n.a.
Q4 20174$200mn.a.n.a.
Q1 20184$197mn.a.n.a.
Q2 20184$194mn.a.n.a.
Q3 20183$237mn.a.n.a.
Q4 20183$187mn.a.n.a.
Q1 20194$323mn.a.n.a.
Q2 20196$302mn.a.n.a.
Q3 20196$158mn.a.n.a.
Q4 20196$181mn.a.n.a.
Q1 20206$62mn.a.n.a.
Q2 20208$108mn.a.n.a.
Q3 20204$106mn.a.n.a.
Q4 20205$143mn.a.n.a.
Q1 20213$120mn.a.n.a.
Q2 20214$113mn.a.n.a.
Q3 20213$122mn.a.n.a.
Q4 20213$119mn.a.n.a.
Q1 20227$137mn.a.n.a.
Q2 20225$111mn.a.n.a.
Q3 20224$133mn.a.n.a.
Q4 20224$127mn.a.n.a.
Q1 20234$137mn.a.n.a.
Q2 20235$161mn.a.n.a.
Q3 20235$176mn.a.n.a.
Q4 20235$180m22
Q1 20246$87m32
Q2 20244$49m32
Q3 20247$110m42
Q4 20244$74m23
Q1 20256$79m41
Q2 20256$90m23
Q3 20254$71m30
Q4 20253$80m1714
Q1 20262$29m1517
Q2 20263$28m1417

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

NMIH and V →NMIH and AXP →NMIH and BAC →Choose a stock to compare with NMIH →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own NMIH, latest filings →Back to the 13F Explorer →