New Mountain Finance
NMFC
107 hedge funds and large institutions have $299M invested in New Mountain Finance in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
3% more funds holding
Funds holding: 104 → 107 (+3)
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
4.75% less ownership
Funds ownership: 41.8% → 37.05% (-4.8%)
14% less capital invested
Capital invested by funds: $348M → $299M (-$49.1M)
80% less call options, than puts
Call options by funds: $45K | Put options by funds: $220K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aviva
London,
United Kingdom
|
+$5.27M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.18M |
| 3 |
WCM
Wildcat Capital Management
New York
|
+$2.18M |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$1.91M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$21.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.27M |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$2.29M |
NMFC Hedge Fund Activity: Q1 2016 in Review
107 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2016, worth a combined $299M — down 14% from $348M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NMFC positions and 11 closed out — a net gain of 4 holders — while 37 added to existing stakes and 35 trimmed.
The largest buyer was Aviva, adding an estimated $5.27M. The largest seller was Wells Fargo, cutting an estimated $21.8M.
- 107 institutional investors held New Mountain Finance (NMFC) as of Q1 2016, up from 104 in Q4 2015.
- Funds reported $299M of New Mountain Finance stock for Q1 2016, down 14% quarter-over-quarter.
- 15 funds opened new New Mountain Finance positions in Q1 2016 and 11 closed out, a net change of +4 holders.
- The largest New Mountain Finance buyer in Q1 2016 was Aviva, an estimated $5.27M added.
- The largest New Mountain Finance seller in Q1 2016 was Wells Fargo, an estimated $21.8M sold.
Based on aggregated 13F filings for Q1 2016.