New Mountain Finance
NMFC
165 hedge funds and large institutions have $492M invested in New Mountain Finance in 2019 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 65 increasing their positions, 30 reducing their positions, and 21 closing their positions.
628% more call options, than puts
Call options by funds: $597K | Put options by funds: $82K
117% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 30
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
15% more capital invested
Capital invested by funds: $427M → $492M (+$65M)
9% more funds holding
Funds holding: 152 → 165 (+13)
0.81% more ownership
Funds ownership: 36.18% → 36.99% (+0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$9.39M |
| 2 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$8.34M |
| 3 |
JP Morgan Chase
New York
|
+$5.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.8M |
| 5 |
Millennium Management
New York
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.53M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.74M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
-$2.46M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.6M |
| 5 |
Two Sigma Investments
New York
|
-$1.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PO
176
Private Ocean
San Rafael,
California
| – | -$13K | -914 | Closed |
|
|
QCIG
177
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$12K | -900 | Closed |
|
|
MPWT
178
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$5K | -400 | Closed |
|
|
CFN
179
Cordasco Financial Network
Naples,
Florida
| – | -$2K | -159 | Closed |
|
|
PFO
180
Pathstone Family Office
Englewood,
New Jersey
| – | -$1K | -77 | Closed |
|
|
RIA
181
Realta Investment Advisors
Wilmington,
Delaware
| – | -$1K | -39 | Closed |
|
|
PFGIA
182
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$122 | +9 | New |
|
183
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$311 | +23 | New |
|
|
NFG
184
Next Financial Group
Houston,
Texas
| – | +$338 | +25 | New |
|
NMFC Hedge Fund Activity: Q4 2019 in Review
165 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2019, worth a combined $492M — up 15% from $427M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NMFC positions and 21 closed out — a net gain of 13 holders — while 65 added to existing stakes and 30 trimmed.
The largest buyer was Invesco, adding an estimated $9.39M. The largest seller was Wells Fargo, cutting an estimated $4.53M.
- 165 institutional investors held New Mountain Finance (NMFC) as of Q4 2019, up from 152 in Q3 2019.
- Funds reported $492M of New Mountain Finance stock for Q4 2019, up 15% quarter-over-quarter.
- 34 funds opened new New Mountain Finance positions in Q4 2019 and 21 closed out, a net change of +13 holders.
- The largest New Mountain Finance buyer in Q4 2019 was Invesco, an estimated $9.39M added.
- The largest New Mountain Finance seller in Q4 2019 was Wells Fargo, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2019.