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New Mountain Finance

164 hedge funds and large institutions have $440M invested in New Mountain Finance in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,166% more call options, than puts

Call options by funds: $1.2M | Put options by funds: $95K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 34

0.32% less ownership

Funds ownership: 34.22%33.9% (-0.32%)

1% less capital invested

Capital invested by funds: $447M → $440M (-$6.69M)

7% less funds holding

Funds holding: 176164 (-12)

41% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 27

Holders
164
Holders Change
-12
Holders Change %
-6.82%
% of All Funds
2.37%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
16
Increased
68
Reduced
34
Closed
27
Calls
$1.2M
Puts
$95K
Net Calls
+$1.11M
Net Calls Change
+$304K
Name Holding Trade Value Shares
Change
Change in
Stake
Acadian Asset Management
26
Acadian Asset Management
Massachusetts
$3.84M +$1.73M +138,157 +79%
Sumitomo Mitsui Trust Group
27
Sumitomo Mitsui Trust Group
Japan
$3.81M +$553K +44,114 +17%
AAM
28
Advisors Asset Management
Colorado
$3.31M -$557K -44,446 -14%
MFG
29
Merit Financial Group
Georgia
$3.18M
Wells Fargo
30
Wells Fargo
California
$2.87M +$19K +1,514 +0.6%
Tudor Investment Corp
31
Tudor Investment Corp
Connecticut
$2.72M -$72K -5,748 -3%
LPL Financial
32
LPL Financial
California
$2.67M -$15.8K -1,260 -0.6%
Ameriprise
33
Ameriprise
Minnesota
$2.44M -$54.7K -4,364 -2%
PIWA
34
Prevail Innovative Wealth Advisors
Kansas
$2.37M -$90.5K -7,224 -4%
Neuberger Berman Group
35
Neuberger Berman Group
New York
$2.14M -$40.9K -3,265 -2%
RA
36
Rockingstone Advisors
Massachusetts
$2.05M -$364K -29,047 -15%
CAPTRUST Financial Advisors
37
CAPTRUST Financial Advisors
North Carolina
$1.92M -$27.2K -2,167 -1%
GA
38
GraniteShares Advisors
New York
$1.84M +$235K +18,762 +14%
OFA
39
Oak Family Advisors
Illinois
$1.84M +$12.8K +1,020 +0.7%
MCCA
40
Mill Creek Capital Advisors
Pennsylvania
$1.82M
Citadel Advisors
41
Citadel Advisors
Florida
$1.79M +$1.52M +121,289 +483%
Janney Montgomery Scott
42
Janney Montgomery Scott
Pennsylvania
$1.72M -$70.5K -5,624 -4%
TI
43
Trexquant Investment
Connecticut
$1.7M +$610K +48,661 +54%
MCM
44
McKinley Capital Management
Alaska
$1.66M +$23.6K +1,883 +1%
Cambridge Investment Research Advisors
45
Cambridge Investment Research Advisors
Iowa
$1.59M +$128K +10,207 +9%
EIP
46
Epoch Investment Partners
New York
$1.59M
HF
47
HRT Financial
New York
$1.57M +$1.61M +128,172 New
HWAM
48
Hennion & Walsh Asset Management
New Jersey
$1.54M +$395K +31,491 +34%
MPPLM
49
Midwest Professional Planners Ltd (MPPL)
Wisconsin
$1.51M +$181K +14,467 +13%
AIMCA
50
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$1.49M

NMFC Hedge Fund Activity: Q2 2024 in Review

164 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2024, worth a combined $440M — down 1.5% from $447M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NMFC and 16 opened new positions — a net loss of 11 holders — while 34 trimmed existing stakes and 68 added.

The largest buyer was VanEck Associates, adding an estimated $4.63M. The largest seller was Two Sigma Investments, cutting an estimated $3.88M.

  • 164 institutional investors held New Mountain Finance (NMFC) as of Q2 2024, down from 176 in Q1 2024.
  • Funds reported $440M of New Mountain Finance stock for Q2 2024, down 1.5% quarter-over-quarter.
  • 16 funds opened new New Mountain Finance positions in Q2 2024 and 27 closed out, a net change of -11 holders.
  • The largest New Mountain Finance buyer in Q2 2024 was VanEck Associates, an estimated $4.63M added.
  • The largest New Mountain Finance seller in Q2 2024 was Two Sigma Investments, an estimated $3.88M sold.

Based on aggregated 13F filings for Q2 2024.