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New Mountain Finance

161 hedge funds and large institutions have $423M invested in New Mountain Finance in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 46 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,450% more call options, than puts

Call options by funds: $558K | Put options by funds: $36K

57% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 14

13% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 46

5% more funds holding

Funds holding: 153161 (+8)

4% more capital invested

Capital invested by funds: $406M → $423M (+$17.3M)

0.05% more ownership

Funds ownership: 32.33%32.38% (+0.05%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
161
Holders Change
+8
Holders Change %
+5.23%
% of All Funds
2.56%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
52
Reduced
46
Closed
14
Calls
$558K
Puts
$36K
Net Calls
+$522K
Net Calls Change
+$148K
Name Holding Trade Value Shares
Change
Change in
Stake
Nisa Investment Advisors
126
Nisa Investment Advisors
Missouri
$133K +$131K +10,300 New
Brown Advisory
127
Brown Advisory
Maryland
$130K
VV
128
Verity & Verity
South Carolina
$130K
Bessemer Group
129
Bessemer Group
New Jersey
$99K
CWM
130
Cedar Wealth Management
California
$98.4K
IA
131
IFP Advisors
Florida
$87K -$2.56K -201 -3%
SOW
132
State of Wyoming
Wyoming
$72.6K +$71.4K +5,605 New
HI
133
Harbour Investments
Wisconsin
$72.3K
BNP Paribas Financial Markets
134
BNP Paribas Financial Markets
France
$68.6K +$67.6K +5,300 New
Barclays
135
Barclays
United Kingdom
$63.5K +$62.5K +4,900 New
SPIA
136
Steward Partners Investment Advisory
New York
$57.1K +$51.1K +4,009 +1,002%
CWC
137
Carolinas Wealth Consulting
North Carolina
$29.7K +$30.6K +2,400 New
NA
138
NewEdge Advisors
Louisiana
$26.8K
PTC
139
Private Trust Company
Ohio
$26.3K
SC
140
SouthState Corp
Florida
$23.2K +$22.8K +1,792 New
ACM
141
Aquatic Capital Management
Illinois
$23K -$134K -10,500 -85%
CFGS
142
Concourse Financial Group Securities
Alabama
$18.1K
Nomura Asset Management
143
Nomura Asset Management
Japan
$14.9K -$8.92K -700 -38%
HNB
144
Huntington National Bank
Ohio
$14.3K
FHA
145
First Horizon Advisors
Tennessee
$12.9K
EWA
146
EverSource Wealth Advisors
Alabama
$12K
SIS
147
Sound Income Strategies
Florida
$10.4K
HGERS
148
Householder Group Estate & Retirement Specialist
Arizona
$9.49K +$9.34K +733 New
IHWM
149
Iron Horse Wealth Management
Iowa
$9.06K
CSPIA
150
Cary Street Partners Investment Advisory
Virginia
$6.47K

NMFC Hedge Fund Activity: Q3 2023 in Review

161 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2023, worth a combined $423M — up 4.3% from $406M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new NMFC positions and 14 closed out — a net gain of 8 holders — while 52 added to existing stakes and 46 trimmed.

The largest buyer was Acadian Asset Management, opening a new position worth an estimated $4.39M. The largest seller was Advisors Capital Management, exiting entirely with an estimated $4.48M sold.

  • 161 institutional investors held New Mountain Finance (NMFC) as of Q3 2023, up from 153 in Q2 2023.
  • Funds reported $423M of New Mountain Finance stock for Q3 2023, up 4.3% quarter-over-quarter.
  • 22 funds opened new New Mountain Finance positions in Q3 2023 and 14 closed out, a net change of +8 holders.
  • The largest New Mountain Finance buyer in Q3 2023 was Acadian Asset Management, an estimated $4.39M added.
  • The largest New Mountain Finance seller in Q3 2023 was Advisors Capital Management, an estimated $4.48M sold.

Based on aggregated 13F filings for Q3 2023.