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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
FFA
151
Farther Finance Advisors
California
$6.01K
Simplex Trading
152
Simplex Trading
Illinois
$4K -$357 -28 -7%
PA
153
Parallel Advisors
California
$3.88K
AF
154
Advisornet Financial
Minnesota
$3.43K
LFG
155
Larson Financial Group
Missouri
$2.71K
HCP
156
Hexagon Capital Partners
Arkansas
$1.94K
WFA
157
West Financial Advisors
Iowa
$1.47K +$38 +3 +3%
BFEC
158
Benjamin F. Edwards & Company
Missouri
$1K +$25 +2 +2%
EC
159
Elequin Capital
New York
$686 +$676 +53 New
HI
160
Horizon Investments
North Carolina
$440
Citigroup
161
Citigroup
New York
$65 -$880 -69 -93%
ACM
162
Advisors Capital Management
New Jersey
-$4.48M -360,140 Closed
Envestnet Asset Management
163
Envestnet Asset Management
Illinois
-$3.34M -268,751 Closed
Cetera Investment Advisers
164
Cetera Investment Advisers
Illinois
-$2.75M -221,458 Closed
CAN
165
Cetera Advisor Networks
California
-$493K -39,635 Closed
SG Americas Securities
166
SG Americas Securities
New York
-$490K -39,350 Closed
GC
167
Guggenheim Capital
Illinois
-$269K -21,598 Closed
AI
168
Atom Investors
Texas
-$259K -20,840 Closed
TSS
169
Two Sigma Securities
New York
-$147K -11,801 Closed
CA
170
Cetera Advisors
Colorado
-$125K -10,072 Closed
BCM
171
Bourgeon Capital Management
Connecticut
-$42.2K -3,392 Closed
QT
172
Quantbot Technologies
New York
-$34.6K -2,785 Closed
Carson Wealth (CWM LLC)
173
Carson Wealth (CWM LLC)
Nebraska
-$15K -1,200 Closed
Northwestern Mutual Wealth Management
174
Northwestern Mutual Wealth Management
Wisconsin
-$12.8K -1,031 Closed
QL
175
Quarry LP
New York
-$9.69K -779 Closed

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.