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New Mountain Finance

133 hedge funds and large institutions have $393M invested in New Mountain Finance in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 46 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.32% less ownership

Funds ownership: 40.71%39.39% (-1.3%)

4% less funds holding

Funds holding: 139133 (-6)

6% less capital invested

Capital invested by funds: $418M → $393M (-$25.1M)

15% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 46

30% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 20

64% less call options, than puts

Call options by funds: $256K | Put options by funds: $712K

Holders
133
Holders Change
-6
Holders Change %
-4.32%
% of All Funds
3.05%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
14
Increased
39
Reduced
46
Closed
20
Calls
$256K
Puts
$712K
Net Calls
-$456K
Net Calls Change
-$177K
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Fund Management (CFM)
51
Capital Fund Management (CFM)
France
$647K -$55.5K -4,200 -8%
LTFS
52
Ladenburg Thalmann Financial Services
Florida
$619K -$140K -10,596 -18%
OC
53
Oppenheimer & Co
New York
$607K +$13.4K +1,016 +2%
Bank of America
54
Bank of America
North Carolina
$599K +$164K +12,425 +37%
NFA
55
Nuveen Fund Advisors
Illinois
$563K -$46.2K -3,496 -8%
DIM
56
DC Investments Management
Virginia
$557K -$61.2K -4,637 -10%
Creative Planning
57
Creative Planning
Kansas
$552K +$57.1K +4,321 +11%
SGI
58
Summit Global Investments
Utah
$517K +$7.99K +605 +2%
Arrowstreet Capital
59
Arrowstreet Capital
Massachusetts
$512K -$2.99M -226,278 -85%
PA
60
Perennial Advisors
New York
$505K -$22.1K -1,675 -4%
BCM
61
BlueCrest Capital Management
Jersey
$500K +$502K +37,991 New
Northern Trust
62
Northern Trust
Illinois
$480K -$23.9K -1,812 -5%
PI
63
PineBridge Investments
New York
$443K +$74.3K +5,627 +20%
RIL
64
Rothschild Investment LLC
Illinois
$441K
HighTower Advisors
65
HighTower Advisors
Illinois
$414K -$672K -50,869 -62%
Goldman Sachs
66
Goldman Sachs
New York
$412K -$1.16M -87,912 -74%
CIBC Private Wealth Group
67
CIBC Private Wealth Group
Georgia
$408K +$2.64K +200 +0.6%
BRF
68
B. Riley Financial
California
$395K
SGCA
69
Steel Grove Capital Advisors
Tennessee
$371K +$7.01K +531 +2%
SCM
70
Shelton Capital Management
Colorado
$352K
Commonwealth Equity Services
71
Commonwealth Equity Services
Massachusetts
$347K -$22.6K -1,710 -6%
TC
72
Telemus Capital
Michigan
$342K -$581K -44,000 -63%
LPL Financial
73
LPL Financial
California
$334K +$47.1K +3,570 +16%
DTL
74
Dynamic Technology Lab
Singapore
$328K -$11.2K -851 -3%
EGA
75
Eagle Global Advisors
Texas
$325K +$105K +7,932 +47%

NMFC Hedge Fund Activity: Q1 2018 in Review

133 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2018, worth a combined $393M — down 6% from $418M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NMFC and 14 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 39 added.

The largest buyer was Ares Management, adding an estimated $6.62M. The largest seller was Muzinich & Co, cutting an estimated $10.4M.

  • 133 institutional investors held New Mountain Finance (NMFC) as of Q1 2018, down from 139 in Q4 2017.
  • Funds reported $393M of New Mountain Finance stock for Q1 2018, down 6% quarter-over-quarter.
  • 14 funds opened new New Mountain Finance positions in Q1 2018 and 20 closed out, a net change of -6 holders.
  • The largest New Mountain Finance buyer in Q1 2018 was Ares Management, an estimated $6.62M added.
  • The largest New Mountain Finance seller in Q1 2018 was Muzinich & Co, an estimated $10.4M sold.

Based on aggregated 13F filings for Q1 2018.