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New Mountain Finance

133 hedge funds and large institutions have $393M invested in New Mountain Finance in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 46 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.32% less ownership

Funds ownership: 40.71%39.39% (-1.3%)

4% less funds holding

Funds holding: 139133 (-6)

6% less capital invested

Capital invested by funds: $418M → $393M (-$25.1M)

15% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 46

30% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 20

64% less call options, than puts

Call options by funds: $256K | Put options by funds: $712K

Holders
133
Holders Change
-6
Holders Change %
-4.32%
% of All Funds
3.05%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
14
Increased
39
Reduced
46
Closed
20
Calls
$256K
Puts
$712K
Net Calls
-$456K
Net Calls Change
-$177K
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
26
Millennium Management
New York
$3.97M -$2.13M -161,672 -35%
C
27
Cliffwater
California
$3.96M +$35.6K +2,693 +0.9%
WFI
28
West Family Investments
California
$3.63M
Legal & General Group
29
Legal & General Group
United Kingdom
$3.62M +$530K +40,098 +17%
POIA
30
Pin Oak Investment Advisors
Texas
$3.4M +$540K +40,920 +19%
MCM
31
McKinley Capital Management
Alaska
$3.29M +$290K +21,978 +10%
KCM
32
Kennedy Capital Management
Missouri
$3.19M -$731K -55,356 -19%
Janney Montgomery Scott
33
Janney Montgomery Scott
Pennsylvania
$2.56M -$352K -26,618 -12%
Two Sigma Investments
34
Two Sigma Investments
New York
$2.37M -$1.48M -112,268 -38%
Norges Bank
35
Norges Bank
Norway
$1.58M
SFI
36
Susquehanna Fundamental Investments
Pennsylvania
$1.44M +$1.44M +109,259 New
MWNA
37
Marshall Wace North America
New York
$1.43M -$1.12M -84,577 -44%
SPC
38
Sigma Planning Corp
Michigan
$1.32M +$79.7K +6,036 +6%
PAWC
39
P.A.W. Capital
Connecticut
$1.31M +$238K +18,000 +22%
Alyeska Investment Group
40
Alyeska Investment Group
Illinois
$1.31M +$1.32M +100,000 New
MCM
41
Monument Capital Management
Virginia
$1.26M +$36K +2,727 +3%
AG
42
Advisor Group
Arizona
$1.17M +$91.3K +6,913 +8%
Ameriprise
43
Ameriprise
Minnesota
$1.05M +$54.5K +4,128 +5%
AIMCA
44
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$990K
Macquarie Group
45
Macquarie Group
Australia
$977K -$264K -19,973 -21%
JP Morgan Chase
46
JP Morgan Chase
New York
$957K +$798K +60,398 +487%
BI
47
Bramshill Investments
Florida
$906K -$73.7K -5,580 -7%
EIP
48
Epoch Investment Partners
New York
$809K -$84.7K -6,413 -9%
RJA
49
Raymond James & Associates
Florida
$790K -$145K -11,004 -15%
AIM
50
Assured Investment Management
New York
$678K +$681K +51,564 New

NMFC Hedge Fund Activity: Q1 2018 in Review

133 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2018, worth a combined $393M — down 6% from $418M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NMFC and 14 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 39 added.

The largest buyer was Ares Management, adding an estimated $6.62M. The largest seller was Muzinich & Co, cutting an estimated $10.4M.

  • 133 institutional investors held New Mountain Finance (NMFC) as of Q1 2018, down from 139 in Q4 2017.
  • Funds reported $393M of New Mountain Finance stock for Q1 2018, down 6% quarter-over-quarter.
  • 14 funds opened new New Mountain Finance positions in Q1 2018 and 20 closed out, a net change of -6 holders.
  • The largest New Mountain Finance buyer in Q1 2018 was Ares Management, an estimated $6.62M added.
  • The largest New Mountain Finance seller in Q1 2018 was Muzinich & Co, an estimated $10.4M sold.

Based on aggregated 13F filings for Q1 2018.