New Mountain Finance
NMFC
126 hedge funds and large institutions have $450M invested in New Mountain Finance in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 35 reducing their positions, and 12 closing their positions.
73% more call options, than puts
Call options by funds: $1.05M | Put options by funds: $605K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 35
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
3% more capital invested
Capital invested by funds: $435M → $450M (+$14.3M)
0% more funds holding
Funds holding: 126 → 126 (0)
0.97% less ownership
Funds ownership: 41.91% → 40.94% (-0.97%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$6.76M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$4.62M |
| 3 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$3.51M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.77M |
| 5 |
RP
Raiff Partners
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$1.32M |
| 2 |
BlackRock
New York
|
-$1.26M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.24M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$964K |
| 5 |
Two Sigma Investments
New York
|
-$874K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
126
Oxford Asset Management
Oxford,
United Kingdom
| – | -$557K | -37,370 | Closed |
|
|
VKH
127
Virtu KCG Holdings
New York
| – | -$493K | -33,090 | Closed |
|
|
PAM
128
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$407K | -27,332 | Closed |
|
|
CG
129
Clinton Group
New York
| – | -$391K | -26,258 | Closed |
|
|
MPAM
130
Monarch Partners Asset Management
Boston,
Massachusetts
| – | -$353K | -23,670 | Closed |
|
|
TSS
131
Two Sigma Securities
New York
| – | -$260K | -17,457 | Closed |
|
132
Allianz Asset Management
Munich,
Germany
| – | -$220K | -14,745 | Closed |
|
|
VRS
133
Virginia Retirement Systems
Richmond,
Virginia
| – | -$167K | -11,200 | Closed |
|
|
CPIG
134
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$84K | -5,665 | Closed |
|
|
TRCT
135
Tower Research Capital (TRC)
New York
| – | -$11K | -742 | Closed |
|
|
EWM
136
Endurance Wealth Management
Providence,
Rhode Island
| – | -$4K | -250 | Closed |
|
|
RFM
137
Royal Fund Management
Lady Lake,
Florida
| – | +$322 | +22 | New |
|
NMFC Hedge Fund Activity: Q2 2017 in Review
126 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2017, worth a combined $450M — up 3.3% from $435M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NMFC positions and 12 closed out — a net gain of 1 holder — while 49 added to existing stakes and 35 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $6.76M. The largest seller was Two Sigma Advisers, cutting an estimated $1.32M.
- 126 institutional investors held New Mountain Finance (NMFC) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $450M of New Mountain Finance stock for Q2 2017, up 3.3% quarter-over-quarter.
- 13 funds opened new New Mountain Finance positions in Q2 2017 and 12 closed out, a net change of +1 holder.
- The largest New Mountain Finance buyer in Q2 2017 was Muzinich & Co, an estimated $6.76M added.
- The largest New Mountain Finance seller in Q2 2017 was Two Sigma Advisers, an estimated $1.32M sold.
Based on aggregated 13F filings for Q2 2017.