MidCap Financial Investment
MFIC
174 hedge funds and large institutions have $350M invested in MidCap Financial Investment in 2025 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 48 reducing their positions, and 17 closing their positions.
70% more call options, than puts
Call options by funds: $2.2M | Put options by funds: $1.3M
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
23% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 48
3% more funds holding
Funds holding: 169 → 174 (+5)
0.34% more ownership
Funds ownership: 30.97% → 31.31% (+0.34%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $365M → $350M (-$14.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Next Capital Management
New York
|
+$7.86M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$4.33M |
| 3 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$3.19M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$2.55M |
| 5 |
MC
Muzinich & Co
New York
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.66M |
| 2 |
Neuberger Berman Group
New York
|
-$3.1M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$2.34M |
| 4 |
Two Sigma Advisers
New York
|
-$2.13M |
| 5 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
-$1.83M |
MFIC Hedge Fund Activity: Q3 2025 in Review
174 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in MidCap Financial Investment (MFIC) for Q3 2025, worth a combined $350M — down 3.9% from $365M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MFIC positions and 17 closed out — a net gain of 7 holders — while 59 added to existing stakes and 48 trimmed.
The largest buyer was Next Capital Management, adding an estimated $7.86M. The largest seller was BlackRock, cutting an estimated $3.66M.
- 174 institutional investors held MidCap Financial Investment (MFIC) as of Q3 2025, up from 169 in Q2 2025.
- Funds reported $350M of MidCap Financial Investment stock for Q3 2025, down 3.9% quarter-over-quarter.
- 24 funds opened new MidCap Financial Investment positions in Q3 2025 and 17 closed out, a net change of +7 holders.
- The largest MidCap Financial Investment buyer in Q3 2025 was Next Capital Management, an estimated $7.86M added.
- The largest MidCap Financial Investment seller in Q3 2025 was BlackRock, an estimated $3.66M sold.
Based on aggregated 13F filings for Q3 2025.