New Mountain Finance
NMFC
94 hedge funds and large institutions have $422M invested in New Mountain Finance in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
56% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 25
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more capital invested
Capital invested by funds: $357M → $422M (+$64.9M)
8% more funds holding
Funds holding: 87 → 94 (+7)
2.09% more ownership
Funds ownership: 46.65% → 48.73% (+2.1%)
55% less call options, than puts
Call options by funds: $804K | Put options by funds: $1.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$18.6M |
| 2 |
Aviva
London,
United Kingdom
|
+$15.8M |
| 3 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$7.05M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.95M |
| 5 |
SBK
Steven B. Klinsky
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.54M |
| 2 |
Axa
Paris,
France
|
-$1.54M |
| 3 |
NCCM
Nine Chapters Capital Management
Short Hills,
New Jersey
|
-$1.15M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.1M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.06M |
NMFC Hedge Fund Activity: Q4 2014 in Review
94 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2014, worth a combined $422M — up 18% from $357M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NMFC positions and 9 closed out — a net gain of 9 holders — while 39 added to existing stakes and 25 trimmed.
The largest buyer was Wells Fargo, adding an estimated $18.6M. The largest seller was AllianceBernstein, exiting entirely with an estimated $4.54M sold.
- 94 institutional investors held New Mountain Finance (NMFC) as of Q4 2014, up from 87 in Q3 2014.
- Funds reported $422M of New Mountain Finance stock for Q4 2014, up 18% quarter-over-quarter.
- 18 funds opened new New Mountain Finance positions in Q4 2014 and 9 closed out, a net change of +9 holders.
- The largest New Mountain Finance buyer in Q4 2014 was Wells Fargo, an estimated $18.6M added.
- The largest New Mountain Finance seller in Q4 2014 was AllianceBernstein, an estimated $4.54M sold.
Based on aggregated 13F filings for Q4 2014.