New Mountain Finance
NMFC
110 hedge funds and large institutions have $349M invested in New Mountain Finance in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 48 increasing their positions, 25 reducing their positions, and 6 closing their positions.
526% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $256K
350% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 6
92% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 25
24% more funds holding
Funds holding: 89 → 110 (+21)
20% more capital invested
Capital invested by funds: $290M → $349M (+$59.4M)
1.31% less ownership
Funds ownership: 52.83% → 51.52% (-1.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$14.3M |
| 2 |
Morgan Stanley
New York
|
+$6.07M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.73M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$2.63M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$4.79M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.03M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.65M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.71M |
| 5 |
WJA
Williams Jones & Associates
New York
|
-$1.49M |
NMFC Hedge Fund Activity: Q4 2013 in Review
110 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2013, worth a combined $349M — up 20% from $290M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NMFC positions and 6 closed out — a net gain of 21 holders — while 48 added to existing stakes and 25 trimmed.
The largest buyer was Lombardia Capital Partners, opening a new position worth an estimated $14.3M. The largest seller was Round Table Services, cutting an estimated $4.79M.
- 110 institutional investors held New Mountain Finance (NMFC) as of Q4 2013, up from 89 in Q3 2013.
- Funds reported $349M of New Mountain Finance stock for Q4 2013, up 20% quarter-over-quarter.
- 27 funds opened new New Mountain Finance positions in Q4 2013 and 6 closed out, a net change of +21 holders.
- The largest New Mountain Finance buyer in Q4 2013 was Lombardia Capital Partners, an estimated $14.3M added.
- The largest New Mountain Finance seller in Q4 2013 was Round Table Services, an estimated $4.79M sold.
Based on aggregated 13F filings for Q4 2013.