New Mountain Finance
NMFC
139 hedge funds and large institutions have $418M invested in New Mountain Finance in 2017 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 11 closing their positions.
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
15% more funds holding
Funds holding: 121 → 139 (+18)
1.18% more ownership
Funds ownership: 39.53% → 40.71% (+1.2%)
0% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 42
1% less capital invested
Capital invested by funds: $422M → $418M (-$4.02M)
48% less call options, than puts
Call options by funds: $299K | Put options by funds: $578K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$8.8M |
| 2 |
Two Sigma Investments
New York
|
+$4.13M |
| 3 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
+$3.47M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.27M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$14.8M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$5.56M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.65M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$1.31M |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$1.31M |
NMFC Hedge Fund Activity: Q4 2017 in Review
139 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2017, worth a combined $418M — down 0.95% from $422M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NMFC positions and 11 closed out — a net gain of 19 holders — while 42 added to existing stakes and 42 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $8.8M. The largest seller was Muzinich & Co, cutting an estimated $14.8M.
- 139 institutional investors held New Mountain Finance (NMFC) as of Q4 2017, up from 121 in Q3 2017.
- Funds reported $418M of New Mountain Finance stock for Q4 2017, down 0.95% quarter-over-quarter.
- 30 funds opened new New Mountain Finance positions in Q4 2017 and 11 closed out, a net change of +19 holders.
- The largest New Mountain Finance buyer in Q4 2017 was LSV Asset Management, an estimated $8.8M added.
- The largest New Mountain Finance seller in Q4 2017 was Muzinich & Co, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2017.