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New Mountain Finance

161 hedge funds and large institutions have $423M invested in New Mountain Finance in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 46 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,450% more call options, than puts

Call options by funds: $558K | Put options by funds: $36K

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

13% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 46

5% more funds holding

Funds holding: 153161 (+8)

4% more capital invested

Capital invested by funds: $406M → $423M (+$17.3M)

0.05% more ownership

Funds ownership: 32.33%32.38% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
161
Holders Change
+8
Holders Change %
+5.23%
% of All Funds
2.56%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
52
Reduced
46
Closed
14
Calls
$558K
Puts
$36K
Net Calls
+$522K
Net Calls Change
+$148K
Name Holding Trade Value Shares
Change
Change in
Stake
SPC
51
Sigma Planning Corp
Michigan
$1.06M -$35.3K -2,766 -3%
MFG
52
Merit Financial Group
Georgia
$1.02M +$1M +78,616 New
WS
53
Wedbush Securities
California
$990K -$145K -11,379 -13%
RJFSA
54
Raymond James Financial Services Advisors
Florida
$977K +$90.1K +7,066 +10%
TI
55
Trexquant Investment
Connecticut
$965K +$394K +30,881 +71%
VFA
56
Valeo Financial Advisors
Indiana
$949K
GIM
57
Guild Investment Management
California
$936K -$13.6K -1,070 -1%
SEI Investments
58
SEI Investments
Pennsylvania
$866K +$288K +22,575 +51%
PIWA
59
Prevail Innovative Wealth Advisors
Kansas
$862K +$848K +66,559 New
Citadel Advisors
60
Citadel Advisors
Florida
$796K -$1.23M -96,783 -61%
KCFA
61
Key Client Fiduciary Advisors
New Jersey
$753K +$155K +12,161 +26%
Geode Capital Management
62
Geode Capital Management
Massachusetts
$690K
VEA
63
Virtus ETF Advisers
New York
$657K +$308K +24,172 +91%
JMPWA
64
JP Morgan Private Wealth Advisors
California
$648K
WT
65
Whittier Trust
California
$623K
WAM
66
WFA Asset Management
Wisconsin
$558K +$13.7K +1,073 +3%
Invesco
67
Invesco
Georgia
$522K -$11.6K -911 -2%
Stifel Financial
68
Stifel Financial
Missouri
$486K +$96.3K +7,554 +25%
AWS
69
Atria Wealth Solutions
New York
$479K +$38.2K +3,000 +9%
RJA
70
Raymond James & Associates
Florida
$460K -$124K -9,727 -21%
OC
71
Oppenheimer & Co
New York
$458K +$4.88K +383 +1%
SWM
72
Spire Wealth Management
Virginia
$458K +$6.14K +482 +1%
FCM
73
Fourpath Capital Management
Oklahoma
$444K +$21K +1,650 +5%
IAIM
74
International Assets Investment Management
Florida
$436K -$73.4K -5,762 -15%
Northern Trust
75
Northern Trust
Illinois
$427K -$9.29K -729 -2%

NMFC Hedge Fund Activity: Q3 2023 in Review

161 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2023, worth a combined $423M — up 4.3% from $406M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NMFC positions and 14 closed out — a net gain of 8 holders — while 52 added to existing stakes and 46 trimmed.

The largest buyer was Acadian Asset Management, opening a new position worth an estimated $4.39M. The largest seller was Advisors Capital Management, exiting entirely with an estimated $4.48M sold.

  • 161 institutional investors held New Mountain Finance (NMFC) as of Q3 2023, up from 153 in Q2 2023.
  • Funds reported $423M of New Mountain Finance stock for Q3 2023, up 4.3% quarter-over-quarter.
  • 22 funds opened new New Mountain Finance positions in Q3 2023 and 14 closed out, a net change of +8 holders.
  • The largest New Mountain Finance buyer in Q3 2023 was Acadian Asset Management, an estimated $4.39M added.
  • The largest New Mountain Finance seller in Q3 2023 was Advisors Capital Management, an estimated $4.48M sold.

Based on aggregated 13F filings for Q3 2023.