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New Mountain Finance

104 hedge funds and large institutions have $348M invested in New Mountain Finance in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 26

13% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 15

2% more funds holding

Funds holding: 102104 (+2)

0.53% more ownership

Funds ownership: 41.27%41.8% (+0.53%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $354M → $348M (-$5.85M)

84% less call options, than puts

Call options by funds: $66K | Put options by funds: $410K

Holders
104
Holders Change
+2
Holders Change %
+1.96%
% of All Funds
2.73%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
17
Increased
45
Reduced
26
Closed
15
Calls
$66K
Puts
$410K
Net Calls
-$344K
Net Calls Change
-$4.13M
Name Holding Trade Value Shares
Change
Change in
Stake
AIM
51
Allen Investment Management
New York
$510K -$194K -14,145 -27%
YCM
52
Yakira Capital Management
Connecticut
$498K -$569K -41,376 -52%
Bank of New York Mellon
53
Bank of New York Mellon
New York
$479K -$287K -20,897 -36%
RIL
54
Rothschild Investment LLC
Illinois
$460K
Citigroup
55
Citigroup
New York
$418K -$10.2K -744 -2%
Cambridge Investment Research Advisors
56
Cambridge Investment Research Advisors
Iowa
$392K +$30.5K +2,218 +8%
CIBC World Market
57
CIBC World Market
Ontario, Canada
$387K +$28.5K +2,075 +8%
LPL Financial
58
LPL Financial
California
$382K +$237K +17,238 +141%
ICAS
59
Investors Capital Advisory Services
Massachusetts
$351K +$29.3K +2,128 +9%
OC
60
Oppenheimer & Co
New York
$323K +$126K +9,188 +59%
AL
61
Airain Ltd
Guernsey
$317K +$184K +13,382 +122%
DCM
62
Dialectic Capital Management
Connecticut
$296K +$312K +22,700 New
HI
63
Horizon Investments
North Carolina
$269K -$11.2K -815 -4%
FFS
64
Founders Financial Securities
Maryland
$266K -$9.17K -667 -3%
CAMG
65
CWA Asset Management Group
Florida
$256K +$270K +19,650 New
Commonwealth Equity Services
66
Commonwealth Equity Services
Massachusetts
$235K -$15.7K -1,145 -6%
NL
67
NWAM LLC
Washington
$235K +$687 +50 +0.3%
PI
68
PineBridge Investments
New York
$218K +$68.4K +4,975 +42%
LCS
69
Levin Capital Strategies
New York
$205K +$217K +15,756 New
CG
70
Cutler Group
California
$203K +$214K +15,604 New
SPC
71
Sigma Planning Corp
Michigan
$202K +$57.5K +4,185 +37%
LTFS
72
Ladenburg Thalmann Financial Services
Florida
$183K +$28.3K +2,057 +17%
EB
73
Eastern Bank
Massachusetts
$180K
IC
74
InterOcean Capital
Illinois
$162K +$171K +12,420 New
KCM
75
Kempner Capital Management
Texas
$161K

NMFC Hedge Fund Activity: Q4 2015 in Review

104 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2015, worth a combined $348M — down 1.7% from $354M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new NMFC positions and 15 closed out — a net gain of 2 holders — while 45 added to existing stakes and 26 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $5.94M. The largest seller was Wells Fargo, cutting an estimated $7.61M.

  • 104 institutional investors held New Mountain Finance (NMFC) as of Q4 2015, up from 102 in Q3 2015.
  • Funds reported $348M of New Mountain Finance stock for Q4 2015, down 1.7% quarter-over-quarter.
  • 17 funds opened new New Mountain Finance positions in Q4 2015 and 15 closed out, a net change of +2 holders.
  • The largest New Mountain Finance buyer in Q4 2015 was Royal Bank of Canada, an estimated $5.94M added.
  • The largest New Mountain Finance seller in Q4 2015 was Wells Fargo, an estimated $7.61M sold.

Based on aggregated 13F filings for Q4 2015.