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New Mountain Finance

138 hedge funds and large institutions have $386M invested in New Mountain Finance in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 11

44% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 36

13% more capital invested

Capital invested by funds: $342M → $386M (+$44.3M)

9% more funds holding

Funds holding: 127138 (+11)

1% more ownership

Funds ownership: 35.71%36.71% (+1%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

69% less call options, than puts

Call options by funds: $221K | Put options by funds: $712K

Holders
138
Holders Change
+11
Holders Change %
+8.66%
% of All Funds
2.99%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
22
Increased
52
Reduced
36
Closed
11
Calls
$221K
Puts
$712K
Net Calls
-$491K
Net Calls Change
-$696K
Name Holding Trade Value Shares
Change
Change in
Stake
Brown Advisory
101
Brown Advisory
Maryland
$158K
Connor, Clark & Lunn Investment Management (CC&L)
102
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$156K -$32.7K -2,400 -17%
IA
103
IFP Advisors
Florida
$154K -$18.7K -1,374 -11%
AIC
104
Ameritas Investment Company
Nebraska
$151K +$151K +11,104 New
AIA
105
Armor Investment Advisors
North Carolina
$146K -$2.72K -200 -2%
MSAM
106
Moloney Securities Asset Management
Missouri
$143K +$143K +10,508 New
CFGS
107
Concourse Financial Group Securities
Alabama
$111K +$38K +2,793 +51%
NWA
108
New World Advisors
Massachusetts
$105K +$106K +7,760 New
MWNA
109
Marshall Wace North America
New York
$68K +$68.4K +5,021 New
RIA
110
RPG Investment Advisory
California
$41K
KPW
111
Kore Private Wealth
New York
$36K
BFEC
112
Benjamin F. Edwards & Company
Missouri
$31K +$2.69K +198 +10%
PNC Financial Services Group
113
PNC Financial Services Group
Pennsylvania
$30K +$31.1K +2,282 New
SCM
114
Shelton Capital Management
Colorado
$26.8K -$360K -26,436 -99%
APA
115
American Portfolios Advisors
New York
$21K +$21.1K +1,550 New
US Bancorp
116
US Bancorp
Minnesota
$19K
Russell Investments Group
117
Russell Investments Group
United Kingdom
$16K -$40.4K -2,970 -72%
CAM
118
Cresset Asset Management
Illinois
$15K +$354 +26 +2%
PA
119
Parallel Advisors
California
$14K -$49.9K -3,664 -79%
FANJ
120
Financial Architects (New Jersey)
New Jersey
$14K +$13.6K +1,000 New
MC
121
Muzinich & Co
New York
$12.7K -$1.64M -120,294 -11%
QCIG
122
Quad-Cities Investment Group
Iowa
$12K
RFC
123
Regions Financial Corp
Alabama
$12K +$2.89K +212 +30%
HNB
124
Huntington National Bank
Ohio
$12K +$12K +884 New
Northwestern Mutual Wealth Management
125
Northwestern Mutual Wealth Management
Wisconsin
$8K +$8.41K +618 New

NMFC Hedge Fund Activity: Q1 2019 in Review

138 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2019, worth a combined $386M — up 13% from $342M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NMFC positions and 11 closed out — a net gain of 11 holders — while 52 added to existing stakes and 36 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $13.5M. The largest seller was Ares Management, exiting entirely with an estimated $8.82M sold.

  • 138 institutional investors held New Mountain Finance (NMFC) as of Q1 2019, up from 127 in Q4 2018.
  • Funds reported $386M of New Mountain Finance stock for Q1 2019, up 13% quarter-over-quarter.
  • 22 funds opened new New Mountain Finance positions in Q1 2019 and 11 closed out, a net change of +11 holders.
  • The largest New Mountain Finance buyer in Q1 2019 was Arrowstreet Capital, an estimated $13.5M added.
  • The largest New Mountain Finance seller in Q1 2019 was Ares Management, an estimated $8.82M sold.

Based on aggregated 13F filings for Q1 2019.