Illumine Investment Management, LLC NMIH — NMI HLDGS INC

Ownership history in Illumine Investment Management, LLC  ·  6 quarters on record

AI Ownership Summary

Illumine Investment Management, LLC reported NMI HLDGS INC (NMIH) in 6 quarterly 13F filings from 2024 Q4 through 2026 Q1. Peak portfolio weight reached 0.49% in 2025 Q2. The latest visible filing shows NMIH at 0.43% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this NMIH ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Illumine Investment Management, LLC's position in NMI HLDGS INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

NMIH was reported at 0.43% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.49% in 2025 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q4 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

NMIH stock page Illumine Investment Management, LLC fund profile Illumine Investment Management, LLC full holdings
How Illumine Investment Management, LLC held NMIH — position size vs. price
% of Fund (quarterly)    NMIH price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 6 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 ADDED — — — 14,884 +202 +1.4% 0.43% $558K 2026-05-04 $36.96
2025 Q4 REDUCED — — — 14,682 -110 -0.7% 0.44% $599K 2026-02-09 $39.94
2025 Q3 ADDED — — — 14,792 +231 +1.6% 0.40% $567K 2025-11-04 $37.52
2025 Q2 ADDED — — — 14,561 +199 +1.4% 0.49% $614K 2025-08-07 $38.24
2025 Q1 ADDED — — — 14,362 +1,327 +10.2% 0.42% $518K 2025-04-22 $33.75
2024 Q4 INITIATED — — — 13,035 — — 0.39% $479K 2025-02-05 $39.05

🏢 Other funds also holding NMIH

As of 2026 Q1 — sorted by position size

WINMILL & CO. INC 3Y 7Y 4.29% MUHLENKAMP & CO INC 3Y 7Y 3.62% Van Berkom & Associates Inc. 3Y 7Y 2.47% DENALI ADVISORS LLC 3Y 7Y 0.87% Pinnacle Holdings, LLC 3Y 7Y 0.77% VIRTUS ADVISERS, LLC 3Y 7Y 0.67% Ellis Investment Partners, LLC 3Y 7Y 0.58% TEALWOOD ASSET MANAGEMENT INC 3Y 7Y 0.51% Leeward Investments, LLC - MA 3Y 0.46% Legend Financial Advisors, Inc. 3Y 0.45%

FAQ About Illumine Investment Management, LLC and NMIH

These are the practical questions this page is built to answer before you even open the full history table.

How long has Illumine Investment Management, LLC reported owning NMIH?

Illumine Investment Management, LLC reported NMIH across 6 quarterly 13F filings, from 2024 Q4 through 2026 Q1.

What was the largest reported NMIH position in Illumine Investment Management, LLC's portfolio?

The largest reported portfolio weight for NMIH was 0.49% in 2025 Q2.

What is the latest reported NMIH position on this page?

The most recent filing on this page is 2026 Q1, when Illumine Investment Management, LLC reported 14,884 shares, equal to 0.43% of portfolio, with an estimated market value of $558K.

What does the chart on this NMIH ownership page compare?

The chart compares Illumine Investment Management, LLC's quarterly NMIH portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Illumine Investment Management, LLC time their NMIH position?

Based on 13F filing dates vs. subsequent NMIH price moves, Illumine Investment Management, LLC correctly timed 3 out of 5 reported position changes (60%). The annualised alpha on NMIH relative to SPY over the holding period was -17.7%.

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