New Mountain Finance
NMFC
134 hedge funds and large institutions have $379M invested in New Mountain Finance in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 48 reducing their positions, and 17 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 133 → 134 (+1)
4% less capital invested
Capital invested by funds: $393M → $379M (-$13.8M)
2.16% less ownership
Funds ownership: 39.39% → 37.23% (-2.2%)
31% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 48
69% less call options, than puts
Call options by funds: $277K | Put options by funds: $906K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.43M |
| 2 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$2.64M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.33M |
| 4 |
Two Sigma Advisers
New York
|
+$1.7M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$12.8M |
| 2 |
MC
Muzinich & Co
New York
|
-$7.75M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$6.31M |
| 4 |
Millennium Management
New York
|
-$3.32M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.15M |
NMFC Hedge Fund Activity: Q2 2018 in Review
134 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2018, worth a combined $379M — down 3.5% from $393M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NMFC positions and 17 closed out — a net gain of 1 holder — while 33 added to existing stakes and 48 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $8.43M. The largest seller was Wells Fargo, cutting an estimated $12.8M.
- 134 institutional investors held New Mountain Finance (NMFC) as of Q2 2018, up from 133 in Q1 2018.
- Funds reported $379M of New Mountain Finance stock for Q2 2018, down 3.5% quarter-over-quarter.
- 18 funds opened new New Mountain Finance positions in Q2 2018 and 17 closed out, a net change of +1 holder.
- The largest New Mountain Finance buyer in Q2 2018 was JP Morgan Chase, an estimated $8.43M added.
- The largest New Mountain Finance seller in Q2 2018 was Wells Fargo, an estimated $12.8M sold.
Based on aggregated 13F filings for Q2 2018.