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New Mountain Finance

164 hedge funds and large institutions have $440M invested in New Mountain Finance in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,166% more call options, than puts

Call options by funds: $1.2M | Put options by funds: $95K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 34

0.32% less ownership

Funds ownership: 34.22%33.9% (-0.32%)

1% less capital invested

Capital invested by funds: $447M → $440M (-$6.69M)

7% less funds holding

Funds holding: 176164 (-12)

41% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 27

Holders
164
Holders Change
-12
Holders Change %
-6.82%
% of All Funds
2.37%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
16
Increased
68
Reduced
34
Closed
27
Calls
$1.2M
Puts
$95K
Net Calls
+$1.11M
Net Calls Change
+$304K
Name Holding Trade Value Shares
Change
Change in
Stake
Lido Advisors
101
Lido Advisors
California
$319K +$52.1K +4,159 +19%
SW
102
SVB Wealth
Massachusetts
$310K -$185K -14,765 -37%
SI
103
Stephens Inc
Arkansas
$282K +$132K +10,500 +84%
Empower Advisory Group
104
Empower Advisory Group
Colorado
$272K
SPA
105
Shore Point Advisors
New Jersey
$268K
KCM
106
Kennedy Capital Management
Missouri
$265K
Wealth Enhancement Advisory Services
107
Wealth Enhancement Advisory Services
Minnesota
$264K +$74.6K +5,950 +38%
Corient Private Wealth
108
Corient Private Wealth
Florida
$264K -$9.93K -792 -4%
CIBC Private Wealth Group
109
CIBC Private Wealth Group
Georgia
$244K
RIL
110
Rothschild Investment LLC
Illinois
$239K
SMH
111
Sanders Morris Harris
Texas
$237K
BCA
112
Bay Colony Advisors
Massachusetts
$234K -$7.11K -567 -3%
AIM
113
Allen Investment Management
New York
$233K
ECM
114
EMC Capital Management
Texas
$226K
Bank of Montreal
115
Bank of Montreal
Ontario, Canada
$226K
GFS
116
GYL Financial Synergies
Connecticut
$224K +$35.8K +2,860 +19%
DM
117
Deerfield Management
New York
$223K +$228K +18,190 New
N
118
Natixis
France
$217K +$6.13K +489 +3%
SAG
119
SageView Advisory Group
California
$217K +$188K +15,010 +553%
EFS
120
Essex Financial Services
Connecticut
$197K +$26.9K +2,143 +15%
VT
121
Vise Technologies
New York
$188K
WJWM
122
Williams Jones Wealth Management
New York
$184K
ProShare Advisors
123
ProShare Advisors
Maryland
$182K +$23.3K +1,860 +14%
Northern Trust
124
Northern Trust
Illinois
$173K -$209K -16,672 -54%
Cetera Investment Advisers
125
Cetera Investment Advisers
Illinois
$172K +$23.5K +1,874 +15%

NMFC Hedge Fund Activity: Q2 2024 in Review

164 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2024, worth a combined $440M — down 1.5% from $447M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NMFC and 16 opened new positions — a net loss of 11 holders — while 34 trimmed existing stakes and 68 added.

The largest buyer was VanEck Associates, adding an estimated $4.63M. The largest seller was Two Sigma Investments, cutting an estimated $3.88M.

  • 164 institutional investors held New Mountain Finance (NMFC) as of Q2 2024, down from 176 in Q1 2024.
  • Funds reported $440M of New Mountain Finance stock for Q2 2024, down 1.5% quarter-over-quarter.
  • 16 funds opened new New Mountain Finance positions in Q2 2024 and 27 closed out, a net change of -11 holders.
  • The largest New Mountain Finance buyer in Q2 2024 was VanEck Associates, an estimated $4.63M added.
  • The largest New Mountain Finance seller in Q2 2024 was Two Sigma Investments, an estimated $3.88M sold.

Based on aggregated 13F filings for Q2 2024.