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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
NC
151
nVerses Capital
Florida
$11K +$11.3K +900 New
SIS
152
Sound Income Strategies
Florida
$9.79K
Kayne Anderson Rudnick Investment Management
153
Kayne Anderson Rudnick Investment Management
California
$9.69K +$9.93K +792 New
LFG
154
Larson Financial Group
Missouri
$9.54K +$7.16K +571 +273%
HGERS
155
Householder Group Estate & Retirement Specialist
Arizona
$8K
TSMHT
156
Thurston Springer Miller Herd & Titak
Indiana
$6.12K +$6.27K +500 New
BTC
157
Bank & Trust Company
Illinois
$5.17K +$5.29K +422 New
CCC
158
Chelsea Counsel Company
California
$4.16K +$4.26K +340 New
PA
159
Parallel Advisors
California
$3.67K
TIM
160
Tortoise Investment Management
New York
$2.59K +$63 +5 +2%
HCP
161
Hexagon Capital Partners
Arkansas
$1.84K
BFEC
162
Benjamin F. Edwards & Company
Missouri
$1K +$25 +2 +2%
HI
163
Horizon Investments
North Carolina
$416
Citigroup
164
Citigroup
New York
$61
Rockefeller Capital Management
165
Rockefeller Capital Management
New York
-$1.4M -110,439 Closed
MM
166
MQS Management
New York
-$784K -61,879 Closed
JF
167
Jump Financial
Illinois
-$633K -49,976 Closed
Connor, Clark & Lunn Investment Management (CC&L)
168
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$462K -36,472 Closed
D.E. Shaw & Co
169
D.E. Shaw & Co
New York
-$454K -35,797 Closed
Jane Street
170
Jane Street
New York
-$291K -23,001 Closed
HIC
171
Hartline Investment Corp
Illinois
-$250K -19,704 Closed
FIA
172
FNY Investment Advisers
New York
-$192 -15,200 Closed
XT
173
XTX Topco
Cayman Islands
-$179K -14,126 Closed
Lazard Asset Management
174
Lazard Asset Management
New York
-$126K -10,005 Closed
SOW
175
State of Wyoming
Wyoming
-$120K -9,454 Closed

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.