New Mountain Finance
NMFC
176 hedge funds and large institutions have $447M invested in New Mountain Finance in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 58 increasing their positions, 44 reducing their positions, and 20 closing their positions.
738% more call options, than puts
Call options by funds: $913K | Put options by funds: $109K
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
32% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 44
5% more funds holding
Funds holding: 167 → 176 (+9)
4% less capital invested
Capital invested by funds: $465M → $447M (-$17.6M)
1.83% less ownership
Funds ownership: 36.05% → 34.22% (-1.8%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$4.16M |
| 2 |
Two Sigma Advisers
New York
|
+$3.64M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$3.3M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$2.72M |
| 5 |
TP
Tranquility Partners
Brentwood,
Tennessee
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$25.8M |
| 2 |
Goldman Sachs
New York
|
-$4.4M |
| 3 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$4.14M |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
-$4.09M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.4M |
NMFC Hedge Fund Activity: Q1 2024 in Review
176 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2024, worth a combined $447M — down 3.8% from $465M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NMFC positions and 20 closed out — a net gain of 9 holders — while 58 added to existing stakes and 44 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $4.16M. The largest seller was Morgan Stanley, cutting an estimated $25.8M.
- 176 institutional investors held New Mountain Finance (NMFC) as of Q1 2024, up from 167 in Q4 2023.
- Funds reported $447M of New Mountain Finance stock for Q1 2024, down 3.8% quarter-over-quarter.
- 29 funds opened new New Mountain Finance positions in Q1 2024 and 20 closed out, a net change of +9 holders.
- The largest New Mountain Finance buyer in Q1 2024 was Two Sigma Investments, an estimated $4.16M added.
- The largest New Mountain Finance seller in Q1 2024 was Morgan Stanley, an estimated $25.8M sold.
Based on aggregated 13F filings for Q1 2024.