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New Mountain Finance

94 hedge funds and large institutions have $422M invested in New Mountain Finance in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

56% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 25

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

18% more capital invested

Capital invested by funds: $357M → $422M (+$64.9M)

8% more funds holding

Funds holding: 8794 (+7)

2.09% more ownership

Funds ownership: 46.65%48.73% (+2.1%)

55% less call options, than puts

Call options by funds: $804K | Put options by funds: $1.8M

Holders
94
Holders Change
+7
Holders Change %
+8.05%
% of All Funds
2.51%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
18
Increased
39
Reduced
25
Closed
9
Calls
$804K
Puts
$1.8M
Net Calls
-$999K
Net Calls Change
+$1.81M
Name Holding Trade Value Shares
Change
Change in
Stake
FFS
76
Founders Financial Securities
Maryland
$152K +$150K +10,146 New
HI
77
Horizon Investments
North Carolina
$150K +$148K +10,020 New
BRWM
78
B. Riley Wealth Management
Tennessee
$106K -$44.2K -3,000 -30%
CPIG
79
Chicago Partners Investment Group
Illinois
$78K +$77.2K +5,240 New
Bank of Montreal
80
Bank of Montreal
Ontario, Canada
$73K -$24.3K -1,650 -25%
US Bancorp
81
US Bancorp
Minnesota
$72K +$70.7K +4,800 New
PI
82
PineBridge Investments
New York
$58K +$57.1K +3,876 New
CCA
83
Catalyst Capital Advisors
New York
$48K +$47.7K +3,240 New
OIA
84
Optimum Investment Advisors
Illinois
$46K
Creative Planning
85
Creative Planning
Kansas
$37K -$5.16K -350 -12%
Citadel Advisors
86
Citadel Advisors
Florida
$29K -$927K -62,915 -97%
Citigroup
87
Citigroup
New York
$16K -$206 -14 -1%
JC
88
JBF Capital
Colorado
$15K +$14.7K +1,000 New
FMP
89
Financial Management Professionals
Texas
$12K +$12.2K +830 New
Envestnet Asset Management
90
Envestnet Asset Management
Illinois
$7K
PSI
91
Pinnacle Summer Investments
Virginia
$7K
Simplex Trading
92
Simplex Trading
Illinois
$3K +$3.14K +213 New
Manulife (Manufacturers Life Insurance)
93
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$25 +$5.39K +366 +28%
AllianceBernstein
94
AllianceBernstein
Tennessee
-$4.54M -309,336 Closed
SCM
95
Sterling Capital Management
North Carolina
-$1.06M -72,182 Closed
PP
96
PDT Partners
New York
-$905K -61,598 Closed
JP Morgan Chase
97
JP Morgan Chase
New York
-$607K -41,392 Closed
MERSOM
98
Municipal Employees' Retirement System of Michigan
Michigan
-$370K -25,200 Closed
GC
99
Globeflex Capital
California
-$285K -19,377 Closed
JMPWA
100
JP Morgan Private Wealth Advisors
California
-$162K -11,000 Closed

NMFC Hedge Fund Activity: Q4 2014 in Review

94 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2014, worth a combined $422M — up 18% from $357M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NMFC positions and 9 closed out — a net gain of 9 holders — while 39 added to existing stakes and 25 trimmed.

The largest buyer was Wells Fargo, adding an estimated $18.6M. The largest seller was AllianceBernstein, exiting entirely with an estimated $4.54M sold.

  • 94 institutional investors held New Mountain Finance (NMFC) as of Q4 2014, up from 87 in Q3 2014.
  • Funds reported $422M of New Mountain Finance stock for Q4 2014, up 18% quarter-over-quarter.
  • 18 funds opened new New Mountain Finance positions in Q4 2014 and 9 closed out, a net change of +9 holders.
  • The largest New Mountain Finance buyer in Q4 2014 was Wells Fargo, an estimated $18.6M added.
  • The largest New Mountain Finance seller in Q4 2014 was AllianceBernstein, an estimated $4.54M sold.

Based on aggregated 13F filings for Q4 2014.