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New Mountain Finance

164 hedge funds and large institutions have $440M invested in New Mountain Finance in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,166% more call options, than puts

Call options by funds: $1.2M | Put options by funds: $95K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 34

0.32% less ownership

Funds ownership: 34.22%33.9% (-0.32%)

1% less capital invested

Capital invested by funds: $447M → $440M (-$6.69M)

7% less funds holding

Funds holding: 176164 (-12)

41% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 27

Holders
164
Holders Change
-12
Holders Change %
-6.82%
% of All Funds
2.37%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
16
Increased
68
Reduced
34
Closed
27
Calls
$1.2M
Puts
$95K
Net Calls
+$1.11M
Net Calls Change
+$304K
Name Holding Trade Value Shares
Change
Change in
Stake
CAG
126
Csenge Advisory Group
Florida
$171K -$49.8K -3,974 -22%
AWAG
127
ARS Wealth Advisors Group
Florida
$132K -$7.52K -600 -5%
BFA
128
Beaumont Financial Advisors
Massachusetts
$131K +$6.6K +527 +5%
ASN
129
Advisory Services Network
Georgia
$124K
Brown Advisory
130
Brown Advisory
Maryland
$122K
VV
131
Verity & Verity
South Carolina
$122K
Comerica Bank
132
Comerica Bank
Texas
$120K -$17.2K -1,373 -12%
CT
133
Clearstead Trust
Maine
$97.8K +$100K +7,994 New
Bessemer Group
134
Bessemer Group
New Jersey
$94K
IA
135
IFP Advisors
Florida
$92.1K +$1.88K +150 +2%
HI
136
Harbour Investments
Wisconsin
$77.7K
SPIA
137
Steward Partners Investment Advisory
New York
$63.4K +$3.51K +280 +6%
AWM
138
Avior Wealth Management
Nebraska
$62.2K +$14.9K +1,187 +30%
Barclays
139
Barclays
United Kingdom
$60K
Mercer Global Advisors
140
Mercer Global Advisors
Colorado
$45.8K
QL
141
Quarry LP
New York
$40.5K +$16.8K +1,342 +68%
CFM
142
Catalyst Funds Management
Australia
$36.7K +$37.6K +3,000 New
NA
143
NewEdge Advisors
Louisiana
$25.3K -$4.51K -360 -15%
SFC
144
Strategic Financial Concepts
Texas
$20.9K +$255K +20,337 New
GWM
145
Geneos Wealth Management
Colorado
$19K
CFGS
146
Concourse Financial Group Securities
Alabama
$17.1K
HNB
147
Huntington National Bank
Ohio
$13.5K
FHA
148
First Horizon Advisors
Tennessee
$12.2K
TSWM
149
Tyler-Stone Wealth Management
Ohio
$12.2K
EWA
150
EverSource Wealth Advisors
Alabama
$11.5K

NMFC Hedge Fund Activity: Q2 2024 in Review

164 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2024, worth a combined $440M — down 1.5% from $447M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NMFC and 16 opened new positions — a net loss of 11 holders — while 34 trimmed existing stakes and 68 added.

The largest buyer was VanEck Associates, adding an estimated $4.63M. The largest seller was Two Sigma Investments, cutting an estimated $3.88M.

  • 164 institutional investors held New Mountain Finance (NMFC) as of Q2 2024, down from 176 in Q1 2024.
  • Funds reported $440M of New Mountain Finance stock for Q2 2024, down 1.5% quarter-over-quarter.
  • 16 funds opened new New Mountain Finance positions in Q2 2024 and 27 closed out, a net change of -11 holders.
  • The largest New Mountain Finance buyer in Q2 2024 was VanEck Associates, an estimated $4.63M added.
  • The largest New Mountain Finance seller in Q2 2024 was Two Sigma Investments, an estimated $3.88M sold.

Based on aggregated 13F filings for Q2 2024.