New Mountain Finance
NMFC
133 hedge funds and large institutions have $369M invested in New Mountain Finance in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 40 reducing their positions, and 19 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1% less funds holding
Funds holding: 134 → 133 (-1)
3% less capital invested
Capital invested by funds: $379M → $369M (-$10M)
7% less call options, than puts
Call options by funds: $481K | Put options by funds: $515K
1.28% less ownership
Funds ownership: 37.23% → 35.95% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.28M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.18M |
| 3 |
C
Cliffwater
Marina Del Rey,
California
|
+$3.28M |
| 4 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$1.28M |
| 5 |
Millennium Management
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.6M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$6.08M |
| 3 |
MC
Muzinich & Co
New York
|
-$5.34M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.03M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.63M |
NMFC Hedge Fund Activity: Q3 2018 in Review
133 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2018, worth a combined $369M — down 2.6% from $379M a quarter earlier.
Fund positioning in NMFC was balanced in Q3 2018: 19 funds opened new positions, 19 closed out, 41 added to existing stakes and 40 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $4.28M. The largest seller was Wells Fargo, cutting an estimated $10.6M.
- 133 institutional investors held New Mountain Finance (NMFC) as of Q3 2018, down from 134 in Q2 2018.
- Funds reported $369M of New Mountain Finance stock for Q3 2018, down 2.6% quarter-over-quarter.
- 19 funds opened new New Mountain Finance positions in Q3 2018 and 19 closed out, a net change of 0 holders.
- The largest New Mountain Finance buyer in Q3 2018 was JP Morgan Chase, an estimated $4.28M added.
- The largest New Mountain Finance seller in Q3 2018 was Wells Fargo, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2018.