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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
CIBC World Market
76
CIBC World Market
Ontario, Canada
$318K -$26.9K -2,038 -8%
Two Sigma Advisers
77
Two Sigma Advisers
New York
$307K -$172K -13,039 -36%
Citadel Advisors
78
Citadel Advisors
Florida
$302K -$613K -46,406 -67%
Tudor Investment Corp
79
Tudor Investment Corp
Connecticut
$300K -$90.6K -6,860 -23%
Stifel Financial
80
Stifel Financial
Missouri
$249K +$94.7K +7,174 +62%
B
81
Bailard
California
$249K +$250K +18,946 New
GXMC
82
Global X Management Company
New York
$243K +$27.2K +2,063 +13%
Canada Life
83
Canada Life
Manitoba, Canada
$241K +$241K +18,287 New
Simplex Trading
84
Simplex Trading
Illinois
$229K +$31.7K +2,401 +16%
CAMG
85
CWA Asset Management Group
Florida
$224K +$8.02K +607 +4%
BA
86
Bard Associates
Illinois
$211K -$9.24K -700 -4%
TG
87
TCW Group
California
$208K
D.E. Shaw & Co
88
D.E. Shaw & Co
New York
$197K -$400K -30,327 -67%
ICA
89
Infrastructure Capital Advisors
New York
$195K +$26.4K +2,000 +16%
WS
90
Wedbush Securities
California
$193K +$193K +14,650 New
AIM
91
Allen Investment Management
New York
$182K
EB
92
Eastern Bank
Massachusetts
$181K
KCM
93
Kempner Capital Management
Texas
$163K
CFB
94
Cullen/Frost Bankers
Texas
$163K +$164K +12,400 New
EFS
95
Essex Financial Services
Connecticut
$158K
AIA
96
Armor Investment Advisors
North Carolina
$150K
FCI
97
Financial Counselors Inc
Kansas
$148K -$1.32K -100 -0.9%
OAM
98
Oxford Asset Management
United Kingdom
$145K +$146K +11,020 New
IA
99
IFP Advisors
Florida
$140K
AWA
100
Arete Wealth Advisors
Illinois
$138K +$139K +10,520 New

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.