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New Mountain Finance

94 hedge funds and large institutions have $422M invested in New Mountain Finance in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

56% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 25

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

18% more capital invested

Capital invested by funds: $357M → $422M (+$64.9M)

8% more funds holding

Funds holding: 8794 (+7)

2.09% more ownership

Funds ownership: 46.65%48.73% (+2.1%)

55% less call options, than puts

Call options by funds: $804K | Put options by funds: $1.8M

Holders
94
Holders Change
+7
Holders Change %
+8.05%
% of All Funds
2.51%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
18
Increased
39
Reduced
25
Closed
9
Calls
$804K
Puts
$1.8M
Net Calls
-$999K
Net Calls Change
+$1.81M
Name Holding Trade Value Shares
Change
Change in
Stake
PAWC
51
P.A.W. Capital
Connecticut
$672K +$663K +45,000 New
RIL
52
Rothschild Investment LLC
Illinois
$550K +$70.7K +4,800 +15%
Stifel Financial
53
Stifel Financial
Missouri
$536K +$65.8K +4,465 +14%
AA
54
ALPS Advisors
Colorado
$529K -$69.5K -4,716 -12%
EM
55
EnTrustPermal Management
New York
$493K -$452K -30,700 -48%
RVP
56
Relative Value Partners
Illinois
$470K +$308K +20,914 +198%
Axa
57
Axa
France
$403K -$1.54M -104,803 -80%
NL
58
NWAM LLC
Washington
$384K
PGH
59
Partners Group Holding
Switzerland
$381K +$73.7K +5,000 +24%
ICAS
60
Investors Capital Advisory Services
Massachusetts
$370K +$22.6K +1,532 +7%
OC
61
Oppenheimer & Co
New York
$339K +$15.5K +1,055 +5%
HCC
62
Hirtle Callaghan & Co
Pennsylvania
$299K +$295K +20,000 New
D.E. Shaw & Co
63
D.E. Shaw & Co
New York
$297K -$873K -59,269 -75%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$278K +$282K +19,114 New
Cambridge Investment Research Advisors
65
Cambridge Investment Research Advisors
Iowa
$275K +$32.5K +2,205 +14%
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$272K
Commonwealth Equity Services
67
Commonwealth Equity Services
Massachusetts
$259K +$68.4K +4,643 +37%
SB
68
Suntrust Banks
Georgia
$248K +$5.36K +364 +2%
EB
69
Eastern Bank
Massachusetts
$206K
WRM
70
Westport Resources Management
Connecticut
$195K -$136K -9,230 -41%
DC
71
Deere & Company
Illinois
$183K
LTFS
72
Ladenburg Thalmann Financial Services
Florida
$178K +$10.7K +727 +6%
KCM
73
Kempner Capital Management
Texas
$175K
Bank of America
74
Bank of America
North Carolina
$172K -$1.64K -111 -1%
AW
75
ACG Wealth
Georgia
$164K +$162K +11,000 New

NMFC Hedge Fund Activity: Q4 2014 in Review

94 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2014, worth a combined $422M — up 18% from $357M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NMFC positions and 9 closed out — a net gain of 9 holders — while 39 added to existing stakes and 25 trimmed.

The largest buyer was Wells Fargo, adding an estimated $18.6M. The largest seller was AllianceBernstein, exiting entirely with an estimated $4.54M sold.

  • 94 institutional investors held New Mountain Finance (NMFC) as of Q4 2014, up from 87 in Q3 2014.
  • Funds reported $422M of New Mountain Finance stock for Q4 2014, up 18% quarter-over-quarter.
  • 18 funds opened new New Mountain Finance positions in Q4 2014 and 9 closed out, a net change of +9 holders.
  • The largest New Mountain Finance buyer in Q4 2014 was Wells Fargo, an estimated $18.6M added.
  • The largest New Mountain Finance seller in Q4 2014 was AllianceBernstein, an estimated $4.54M sold.

Based on aggregated 13F filings for Q4 2014.