New Mountain Finance
NMFC
136 hedge funds and large institutions have $306M invested in New Mountain Finance in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 47 reducing their positions, and 30 closing their positions.
138% more call options, than puts
Call options by funds: $820K | Put options by funds: $344K
28% more capital invested
Capital invested by funds: $240M → $306M (+$66.9M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 47
2.5% less ownership
Funds ownership: 36.51% → 34.01% (-2.5%)
12% less funds holding
Funds holding: 154 → 136 (-18)
57% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$3.63M |
| 2 |
C
Cliffwater
Marina Del Rey,
California
|
+$2.99M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.46M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$2.4M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
-$6.85M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.19M |
| 3 |
JP Morgan Chase
New York
|
-$5.29M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.61M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CANY
151
Caxton Associates (New York)
New York
| – | -$87K | -12,766 | Closed |
|
|
CBA
152
Coastal Bridge Advisors
Westport,
Connecticut
| – | -$79K | -11,655 | Closed |
|
153
Tudor Investment Corp
Stamford,
Connecticut
| – | -$76K | -11,184 | Closed |
|
|
CG
154
CFO4Life Group
Coppell,
Texas
| – | -$75K | -11,083 | Closed |
|
|
AIA
155
Armor Investment Advisors
Raleigh,
North Carolina
| – | -$68K | -10,030 | Closed |
|
|
LC
156
Lindbrook Capital
Calabasas,
California
| – | -$18K | -2,700 | Closed |
|
157
US Bancorp
Minneapolis,
Minnesota
| – | -$9K | -1,300 | Closed |
|
|
LWCFA
158
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$8K | -1,175 | Closed |
|
|
SIM
159
Sonora Investment Management
Tucson,
Arizona
| – | -$4K | -540 | Closed |
|
|
BBHC
160
Brown Brothers Harriman & Co
New York
| – | -$2K | -273 | Closed |
|
|
WAP
161
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$1K | -76 | Closed |
|
|
GI
162
Gradient Investments
Arden Hills,
Minnesota
| – | -$58 | -7 | -70% |
|
NMFC Hedge Fund Activity: Q2 2020 in Review
136 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2020, worth a combined $306M — up 28% from $240M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of NMFC and 13 opened new positions — a net loss of 17 holders — while 47 trimmed existing stakes and 47 added.
The largest buyer was Round Table Services, adding an estimated $3.63M. The largest seller was Partners Group Holding, exiting entirely with an estimated $6.85M sold.
- 136 institutional investors held New Mountain Finance (NMFC) as of Q2 2020, down from 154 in Q1 2020.
- Funds reported $306M of New Mountain Finance stock for Q2 2020, up 28% quarter-over-quarter.
- 13 funds opened new New Mountain Finance positions in Q2 2020 and 30 closed out, a net change of -17 holders.
- The largest New Mountain Finance buyer in Q2 2020 was Round Table Services, an estimated $3.63M added.
- The largest New Mountain Finance seller in Q2 2020 was Partners Group Holding, an estimated $6.85M sold.
Based on aggregated 13F filings for Q2 2020.