Vanguard Capital Management LLC Reports New 5.26% Passive Stake in NMI Holdings Inc

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new ownership stake in NMI Holdings Inc (NMIH). As of the event date on March 31, 2026, the firm beneficially owns 4,010,885 shares of common stock, representing a 5.26% ownership stake in the company. This filing marks an increase from a previously reported 0% position, crossing the 5% regulatory threshold. According to the filing, Vanguard Capital Management exercises sole dispositive power over all 4,010,885 shares and sole voting power over 580,432 shares. The reporting person clarified that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The filing also encompasses holdings by several affiliates, including Vanguard Asset Management Limited and Vanguard Fiduciary Trust Company. No other single person's interest in these securities exceeds 5% of the total shares outstanding.