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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
CIC
76
Cornercap Investment Counsel
Georgia
$422K
CG
77
Caprock Group
Idaho
$411K
BA
78
Bard Associates
Illinois
$405K
CBC
79
Coombe, Bender & Co
New York
$399K +$9.99K +784 +3%
WG
80
Winton Group
United Kingdom
$379K +$373K +29,281 New
BAMF
81
BI Asset Management Fondsmaeglerselskab
Denmark
$377K -$664K -52,125 -64%
SW
82
SVB Wealth
Massachusetts
$376K -$14.3K -1,124 -4%
Corient Private Wealth
83
Corient Private Wealth
Florida
$366K +$20.2K +1,582 +6%
MSAM
84
Moloney Securities Asset Management
Missouri
$365K +$22.3K +1,750 +7%
CW
85
Connectus Wealth
Ohio
$358K +$352K +27,650 New
CIC
86
Chilton Investment Company
Connecticut
$350K
Connor, Clark & Lunn Investment Management (CC&L)
87
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$321K +$316K +24,753 New
MA
88
Mutual Advisors
Nebraska
$311K +$4.25K +333 +1%
II
89
Inspire Investing
Idaho
$306K -$20.5K -1,609 -6%
ECM
90
EMC Capital Management
Texas
$295K +$261K +20,512 +894%
JF
91
Jump Financial
Illinois
$288K +$3.43K +269 +1%
Empower Advisory Group
92
Empower Advisory Group
Colorado
$288K
SPA
93
Shore Point Advisors
New Jersey
$284K
SMH
94
Sanders Morris Harris
Texas
$283K
GFS
95
GYL Financial Synergies
Connecticut
$281K +$77.2K +6,056 +39%
KCM
96
Kennedy Capital Management
Missouri
$280K
RIL
97
Rothschild Investment LLC
Illinois
$266K +$127K +10,000 +95%
CC
98
Claybrook Capital
Massachusetts
$257K
Qube Research & Technologies (QRT)
99
Qube Research & Technologies (QRT)
United Kingdom
$248K +$244K +19,133 New
AIM
100
Allen Investment Management
New York
$246K

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.