New Mountain Finance
NMFC
165 hedge funds and large institutions have $363M invested in New Mountain Finance in 2025 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 57 increasing their positions, 51 reducing their positions, and 22 closing their positions.
142% more call options, than puts
Call options by funds: $533K | Put options by funds: $220K
12% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 51
1.71% less ownership
Funds ownership: 32.22% → 30.51% (-1.7%)
2% less funds holding
Funds holding: 169 → 165 (-4)
7% less capital invested
Capital invested by funds: $392M → $363M (-$28.6M)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$4.83M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$3.95M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.48M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
+$3.38M |
| 5 |
Millennium Management
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$28.2M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$14.2M |
| 3 |
Cerity Partners
New York
|
-$2.68M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.27M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.05M |
NMFC Hedge Fund Activity: Q1 2025 in Review
165 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2025, worth a combined $363M — down 7.3% from $392M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NMFC and 19 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 57 added.
The largest buyer was Transcend Capital Advisors, opening a new position worth an estimated $4.83M. The largest seller was Allspring Global Investments, cutting an estimated $28.2M.
- 165 institutional investors held New Mountain Finance (NMFC) as of Q1 2025, down from 169 in Q4 2024.
- Funds reported $363M of New Mountain Finance stock for Q1 2025, down 7.3% quarter-over-quarter.
- 19 funds opened new New Mountain Finance positions in Q1 2025 and 22 closed out, a net change of -3 holders.
- The largest New Mountain Finance buyer in Q1 2025 was Transcend Capital Advisors, an estimated $4.83M added.
- The largest New Mountain Finance seller in Q1 2025 was Allspring Global Investments, an estimated $28.2M sold.
Based on aggregated 13F filings for Q1 2025.