New Mountain Finance
NMFC
152 hedge funds and large institutions have $427M invested in New Mountain Finance in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 39 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
51% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 39
6% more funds holding
Funds holding: 143 → 152 (+9)
1% more capital invested
Capital invested by funds: $423M → $427M (+$4.12M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.49% less ownership
Funds ownership: 37.67% → 36.18% (-1.5%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $525K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$3.7M |
| 2 |
JP Morgan Chase
New York
|
+$3.42M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.74M |
| 4 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$2.21M |
| 5 |
Two Sigma Investments
New York
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$19.3M |
| 2 |
WFI
West Family Investments
Carlsbad,
California
|
-$1.92M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.41M |
| 4 |
MC
Muzinich & Co
New York
|
-$835K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$580K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AI
151
Atria Investments
Charlotte,
North Carolina
| – | -$389K | -29,106 | Closed |
|
152
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$296K | -21,251 | Closed |
|
153
Barclays
London,
United Kingdom
| – | -$205K | -15,029 | -100% |
|
154
Jane Street
New York
| – | -$204K | -14,619 | Closed |
|
|
EFS
155
Essex Financial Services
Essex,
Connecticut
| – | -$183K | -13,132 | Closed |
|
156
Squarepoint
New York
| – | -$160K | -11,476 | Closed |
|
|
AP
157
Arlington Partners
Birmingham,
Alabama
| – | -$36K | -2,600 | Closed |
|
|
MF
158
Manchester Financial
Westlake Village,
California
| – | -$36K | -2,600 | Closed |
|
|
QT
159
Quantbot Technologies
New York
| – | -$14K | -1,021 | Closed |
|
|
TCOV
160
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$9K | -670 | Closed |
|
|
JPLA
161
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$5K | -350 | Closed |
|
162
Fidelity Investments
Boston,
Massachusetts
| – | +$273 | +20 | +2,000% |
|
NMFC Hedge Fund Activity: Q3 2019 in Review
152 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2019, worth a combined $427M — up 0.97% from $423M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NMFC positions and 10 closed out — a net gain of 10 holders — while 59 added to existing stakes and 39 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $3.7M. The largest seller was Wells Fargo, cutting an estimated $19.3M.
- 152 institutional investors held New Mountain Finance (NMFC) as of Q3 2019, up from 143 in Q2 2019.
- Funds reported $427M of New Mountain Finance stock for Q3 2019, up 0.97% quarter-over-quarter.
- 20 funds opened new New Mountain Finance positions in Q3 2019 and 10 closed out, a net change of +10 holders.
- The largest New Mountain Finance buyer in Q3 2019 was ALPS Advisors, an estimated $3.7M added.
- The largest New Mountain Finance seller in Q3 2019 was Wells Fargo, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2019.