New Mountain Finance
NMFC
110 hedge funds and large institutions have $364M invested in New Mountain Finance in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 29 reducing their positions, and 17 closing their positions.
5,705% more call options, than puts
Call options by funds: $1.28M | Put options by funds: $22K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
83% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 29
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
4% more capital invested
Capital invested by funds: $349M → $364M (+$14.8M)
0.82% more ownership
Funds ownership: 51.52% → 52.34% (+0.82%)
0% more funds holding
Funds holding: 110 → 110 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.73M |
| 2 |
Neuberger Berman Group
New York
|
+$4.22M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.87M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$3.42M |
| 5 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$4.25M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.97M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.45M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.88M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -300 | Closed |
|
|
DA
127
Denali Advisors
San Diego,
California
| – | -$2K | -155 | Closed |
|
NMFC Hedge Fund Activity: Q1 2014 in Review
110 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2014, worth a combined $364M — up 4.2% from $349M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NMFC positions and 17 closed out — a net gain of 3 holders — while 53 added to existing stakes and 29 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.73M. The largest seller was TFS Capital, exiting entirely with an estimated $4.25M sold.
- 110 institutional investors held New Mountain Finance (NMFC) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $364M of New Mountain Finance stock for Q1 2014, up 4.2% quarter-over-quarter.
- 20 funds opened new New Mountain Finance positions in Q1 2014 and 17 closed out, a net change of +3 holders.
- The largest New Mountain Finance buyer in Q1 2014 was Wells Fargo, an estimated $6.73M added.
- The largest New Mountain Finance seller in Q1 2014 was TFS Capital, an estimated $4.25M sold.
Based on aggregated 13F filings for Q1 2014.