New Mountain Finance
NMFC
131 hedge funds and large institutions have $392M invested in New Mountain Finance in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 46 reducing their positions, and 19 closing their positions.
190% more call options, than puts
Call options by funds: $1.68M | Put options by funds: $578K
5% more capital invested
Capital invested by funds: $375M → $392M (+$16.9M)
2% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 46
1.43% less ownership
Funds ownership: 34.07% → 32.64% (-1.4%)
4% less funds holding
Funds holding: 136 → 131 (-5)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$5.87M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$4.2M |
| 3 |
VanEck Associates
New York
|
+$2.36M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.83M |
| 5 |
C
Cliffwater
Marina Del Rey,
California
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCIM
Spring Creek Investment Management
Philadelphia,
Pennsylvania
|
-$16.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.58M |
| 3 |
JP Morgan Chase
New York
|
-$3.58M |
| 4 |
Two Sigma Investments
New York
|
-$2.73M |
| 5 |
MC
Muzinich & Co
New York
|
-$1.63M |
NMFC Hedge Fund Activity: Q1 2021 in Review
131 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2021, worth a combined $392M — up 4.5% from $375M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NMFC and 14 opened new positions — a net loss of 5 holders — while 46 trimmed existing stakes and 45 added.
The largest buyer was Ares Management, opening a new position worth an estimated $5.87M. The largest seller was Spring Creek Investment Management, cutting an estimated $16.1M.
- 131 institutional investors held New Mountain Finance (NMFC) as of Q1 2021, down from 136 in Q4 2020.
- Funds reported $392M of New Mountain Finance stock for Q1 2021, up 4.5% quarter-over-quarter.
- 14 funds opened new New Mountain Finance positions in Q1 2021 and 19 closed out, a net change of -5 holders.
- The largest New Mountain Finance buyer in Q1 2021 was Ares Management, an estimated $5.87M added.
- The largest New Mountain Finance seller in Q1 2021 was Spring Creek Investment Management, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2021.