New Mountain Finance
NMFC
124 hedge funds and large institutions have $320M invested in New Mountain Finance in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 46 reducing their positions, and 22 closing their positions.
96% more call options, than puts
Call options by funds: $1.67M | Put options by funds: $852K
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4% more capital invested
Capital invested by funds: $306M → $320M (+$13.1M)
0.52% more ownership
Funds ownership: 34.01% → 34.53% (+0.52%)
2% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 46
9% less funds holding
Funds holding: 136 → 124 (-12)
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.12M |
| 2 |
C
Cliffwater
Marina Del Rey,
California
|
+$2.85M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.35M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.27M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.18M |
| 2 |
WFI
West Family Investments
Carlsbad,
California
|
-$1.55M |
| 3 |
WJWM
Williams Jones Wealth Management
New York
|
-$1.13M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$603K |
| 5 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
-$516K |
NMFC Hedge Fund Activity: Q3 2020 in Review
124 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2020, worth a combined $320M — up 4.3% from $306M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NMFC and 10 opened new positions — a net loss of 12 holders — while 46 trimmed existing stakes and 45 added.
The largest buyer was Morgan Stanley, adding an estimated $3.12M. The largest seller was Acadian Asset Management, cutting an estimated $2.18M.
- 124 institutional investors held New Mountain Finance (NMFC) as of Q3 2020, down from 136 in Q2 2020.
- Funds reported $320M of New Mountain Finance stock for Q3 2020, up 4.3% quarter-over-quarter.
- 10 funds opened new New Mountain Finance positions in Q3 2020 and 22 closed out, a net change of -12 holders.
- The largest New Mountain Finance buyer in Q3 2020 was Morgan Stanley, an estimated $3.12M added.
- The largest New Mountain Finance seller in Q3 2020 was Acadian Asset Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2020.