New Mountain Finance
NMFC
147 hedge funds and large institutions have $388M invested in New Mountain Finance in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 46 reducing their positions, and 25 closing their positions.
444% more call options, than puts
Call options by funds: $549K | Put options by funds: $101K
9% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 46
0.84% less ownership
Funds ownership: 32.52% → 31.68% (-0.84%)
5% less capital invested
Capital invested by funds: $406M → $388M (-$18.3M)
8% less funds holding
Funds holding: 159 → 147 (-12)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$2.33M |
| 2 |
Cerity Partners
New York
|
+$2.2M |
| 3 |
Morgan Stanley
New York
|
+$1.45M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.18M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
C
Cliffwater
Marina Del Rey,
California
|
-$5.49M |
| 2 |
Millennium Management
New York
|
-$4.66M |
| 3 |
BlackRock
New York
|
-$3.58M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$2.41M |
| 5 |
NCM
NCM Capital Management
Ramsey,
New Jersey
|
-$1.35M |
NMFC Hedge Fund Activity: Q1 2023 in Review
147 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2023, worth a combined $388M — down 4.5% from $406M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NMFC and 15 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 50 added.
The largest buyer was Two Sigma Investments, adding an estimated $2.33M. The largest seller was Cliffwater, cutting an estimated $5.49M.
- 147 institutional investors held New Mountain Finance (NMFC) as of Q1 2023, down from 159 in Q4 2022.
- Funds reported $388M of New Mountain Finance stock for Q1 2023, down 4.5% quarter-over-quarter.
- 15 funds opened new New Mountain Finance positions in Q1 2023 and 25 closed out, a net change of -10 holders.
- The largest New Mountain Finance buyer in Q1 2023 was Two Sigma Investments, an estimated $2.33M added.
- The largest New Mountain Finance seller in Q1 2023 was Cliffwater, an estimated $5.49M sold.
Based on aggregated 13F filings for Q1 2023.