Howard Marks acquired 4.68 Million NMI Holdings shares worth $144 Million. That's 2.62% of their equity portfolio (7th largest holding). The investor owns 6.05% of the outstanding NMI Holdings stock. The first NMI Holdings trade was made in Q3 2014. Since then Howard Marks bought shares ten more times and sold shares on seven occasions. The stake costed the investor $67 Million, netting the investor a gain of 115% so far.