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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
Wolverine Trading
101
Wolverine Trading
Illinois
$136K -$911 -69 -0.7%
Brown Advisory
102
Brown Advisory
Maryland
$135K
DekaBank Deutsche Girozentrale
103
DekaBank Deutsche Girozentrale
Germany
$132K
WAM
104
Wealthspire Advisors (Maryland)
Maryland
$106K
GT
105
Glenmede Trust
Pennsylvania
$102K
AIM
106
Advantage Investment Management
Iowa
$92K +$92K +6,965 New
Group One Trading
107
Group One Trading
Illinois
$80K +$13.2K +1,000 +20%
CPIG
108
Chicago Partners Investment Group
Illinois
$78K
TRCT
109
Tower Research Capital (TRC)
New York
$59K -$37K -2,803 -39%
PG
110
PEAK6 Group
Illinois
$51K +$50.8K +3,848 New
PCIA
111
Prime Capital Investment Advisors
Kansas
$47K
Barclays
112
Barclays
United Kingdom
$42K -$78K -5,910 -65%
RIA
113
RPG Investment Advisory
California
$40K
Manulife (Manufacturers Life Insurance)
114
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$31K
Deutsche Bank
115
Deutsche Bank
Germany
$30K -$36.6K -2,771 -54%
Citigroup
116
Citigroup
New York
$27K -$21.6K -1,638 -45%
SWP
117
Stratos Wealth Partners
Ohio
$25K +$13.2K +1,001 +108%
BFEC
118
Benjamin F. Edwards & Company
Missouri
$22K
APA
119
American Portfolios Advisors
New York
$20.4K
IWM
120
IHT Wealth Management
Illinois
$20K
US Bancorp
121
US Bancorp
Minnesota
$17K
QT
122
Quantbot Technologies
New York
$16K +$16.3K +1,236 New
SWP
123
Strategic Wealth Partners
Ohio
$13K
PWM
124
Perigon Wealth Management
California
$12K +$304 +23 +3%
RFC
125
Regions Financial Corp
Alabama
$9K -$19.8K -1,500 -68%

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.