Follow Nmi Holdings Inc. (NASDAQ:NMIH)
Follow Nmi Holdings Inc. (NASDAQ:NMIH)
NMI Holdings (NASDAQ:NMIH) offers a variety of mortgage guaranty insurance-related services through its subsidiaries – National Mortgage Insurance Corporation and National Mortgage Reinsurance Inc One. Over the past 12 months, NMI Holdings’ shares have dropped by 18.7%. For the first quarter of 2016, the company’s reported a loss per share of $0.07 in line with estimates, and revenue of $22.2 million, beating the estimates of $19.48.
During the fourth quarter of 2015, the number of funds from our database long NMI Holdings (NASDAQ:NMIH) retreated by five, and 19 investors reported long positions in this stock, versus 24 investors in the previous quarter. Kyle Bass’s Hayman Advisors disclosed the biggest position, valued at $49.9 million, followed by Howard Marks’ Oaktree Capital Management, reported a position worth around $38.4 million. Remaining investors long the stock are John Khoury’s Long Pond Capital, Brian Riano, John Eckerson, Sean Fahey and Albert Marino’s Claren Road Asset Management, and David Warren’s DW Partners.
Among the investors who lost interest in NMI Holdings (NASDAQ:NMIH) and decided to drop their positions were Paul Orlin and Alex Porter’s Amici Capital, which dumped the most valuable position, valued at an estimated $19.8 million in stock, and Alan Howard’s Brevan Howard, which dropped a position worth $2 million.
You can access the original SEC filing by clicking here.
Ownership Summary Table
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Hayman Capital Management | 0 | 5,308,700 | 0 | 5,308,700 | 5,308,700 | 9.0% |
| Hayman Investments | 0 | 5,308,700 | 0 | 5,308,700 | 5,308,700 | 9.0% |
| J Kyle Bass | 0 | 5,308,700 | 0 | 5,308,700 | 5,308,700 | 9.0% |
| John Brandon Osmon | 77,645 | 0 | 77,645 | 0 | 77,645 | 0.1% |
Follow Kyle Bass's Hayman Advisors
Page 1 of 7 – SEC Filing
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | OMB APPROVAL | |
| OMB Number:3235-0145 Estimated average burden hours per response… 10.4 |
| SCHEDULE 13D | ||
| Under the Securities Exchange Act of 1934 | ||
| (Amendment No. 2)* |
| NMI HOLDINGS, INC. |
| Class A Common Stock, par value $0.01 per share |
| 629209305 |
| Christopher E. Kirkpatrick, Esq. Hayman Capital Management, L.P. 2101 Cedar Springs Road, Suite 1400 Dallas, TX 75201 Tel. No.: 214-347-8050 |
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
| – with copies to – |
| Barry N. Hurwitz Morgan, Lewis & Bockius LLP One Federal Street Boston, MA 02110 (617) 951-8000 |
| May 9, 2016 |
| (Date of Event which Requires Filing of this Statement) |
