New Mountain Finance
NMFC
143 hedge funds and large institutions have $423M invested in New Mountain Finance in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 19 closing their positions.
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
10% more capital invested
Capital invested by funds: $386M → $423M (+$37.1M)
4% more funds holding
Funds holding: 138 → 143 (+5)
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
0.97% more ownership
Funds ownership: 36.71% → 37.67% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
71% less call options, than puts
Call options by funds: $162K | Put options by funds: $565K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$6.65M |
| 2 |
Millennium Management
New York
|
+$6.12M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$3.48M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$1.93M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.67M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$3.21M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$2.86M |
| 4 |
MC
Muzinich & Co
New York
|
-$1.02M |
| 5 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
-$926K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
151
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$151K | -11,104 | Closed |
|
|
NWA
152
New World Advisors
Hingham,
Massachusetts
| – | -$105K | -7,760 | Closed |
|
|
MWNA
153
Marshall Wace North America
New York
| – | -$68K | -5,021 | Closed |
|
|
KPW
154
Kore Private Wealth
New York
| – | -$36K | -2,655 | Closed |
|
155
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$30K | -2,282 | Closed |
|
156
Russell Investments Group
London,
United Kingdom
| – | -$16K | -1,167 | Closed |
|
|
CAM
157
Cresset Asset Management
Chicago,
Illinois
| – | -$15K | -1,092 | Closed |
|
|
RFC
158
Regions Financial Corp
Birmingham,
Alabama
| – | -$12K | -912 | Closed |
|
159
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8K | -618 | Closed |
|
|
GRP
160
Global Retirement Partners
San Rafael,
California
| – | -$4K | -260 | Closed |
|
161
Nordea Investment Management
Stockholm,
Sweden
| – | -$2K | -174 | Closed |
|
NMFC Hedge Fund Activity: Q2 2019 in Review
143 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2019, worth a combined $423M — up 9.6% from $386M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NMFC positions and 19 closed out — a net gain of 7 holders — while 45 added to existing stakes and 41 trimmed.
The largest buyer was Dimension Capital Management, adding an estimated $6.65M. The largest seller was Wells Fargo, cutting an estimated $3.67M.
- 143 institutional investors held New Mountain Finance (NMFC) as of Q2 2019, up from 138 in Q1 2019.
- Funds reported $423M of New Mountain Finance stock for Q2 2019, up 9.6% quarter-over-quarter.
- 26 funds opened new New Mountain Finance positions in Q2 2019 and 19 closed out, a net change of +7 holders.
- The largest New Mountain Finance buyer in Q2 2019 was Dimension Capital Management, an estimated $6.65M added.
- The largest New Mountain Finance seller in Q2 2019 was Wells Fargo, an estimated $3.67M sold.
Based on aggregated 13F filings for Q2 2019.