New Mountain Finance
NMFC
169 hedge funds and large institutions have $424M invested in New Mountain Finance in 2024 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 18 closing their positions.
4,923% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $22K
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
3% more funds holding
Funds holding: 164 → 169 (+5)
0.66% less ownership
Funds ownership: 33.9% → 33.24% (-0.66%)
4% less capital invested
Capital invested by funds: $440M → $424M (-$16.3M)
16% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 55
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$6M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$4.16M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$2.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$2.73M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.16M |
| 2 |
C
Cliffwater
Marina Del Rey,
California
|
-$5.16M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$2.72M |
| 4 |
Millennium Management
New York
|
-$2.44M |
| 5 |
Two Sigma Investments
New York
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SW
176
SVB Wealth
Boston,
Massachusetts
| – | -$310K | -25,287 | Closed |
|
|
SFC
177
Strategic Financial Concepts
San Antonio,
Texas
| – | -$20.9K | -20,337 | Closed |
|
|
DM
178
Deerfield Management
New York
| – | -$223K | -18,190 | Closed |
|
|
CAG
179
Csenge Advisory Group
Clearwater,
Florida
| – | -$171K | -13,969 | Closed |
|
180
Bessemer Group
Woodbridge,
New Jersey
| – | -$94K | -7,680 | Closed |
|
|
SPIA
181
Steward Partners Investment Advisory
New York
| – | -$63.4K | -5,183 | Closed |
|
|
CFM
182
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$36.7K | -3,000 | Closed |
|
|
TSWM
183
Tyler-Stone Wealth Management
Beachwood,
Ohio
| – | -$12.2K | -1,000 | Closed |
|
|
NC
184
nVerses Capital
Wellington,
Florida
| – | -$11K | -900 | Closed |
|
185
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$9.69K | -792 | Closed |
|
|
TIM
186
Tortoise Investment Management
White Plains,
New York
| – | -$2.59K | -211 | Closed |
|
|
HI
187
Horizon Investments
Charlotte,
North Carolina
| – | -$416 | -34 | Closed |
|
NMFC Hedge Fund Activity: Q3 2024 in Review
169 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2024, worth a combined $424M — down 3.7% from $440M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NMFC positions and 18 closed out — a net gain of 8 holders — while 46 added to existing stakes and 55 trimmed.
The largest buyer was Ares Management, opening a new position worth an estimated $6M. The largest seller was Morgan Stanley, cutting an estimated $6.16M.
- 169 institutional investors held New Mountain Finance (NMFC) as of Q3 2024, up from 164 in Q2 2024.
- Funds reported $424M of New Mountain Finance stock for Q3 2024, down 3.7% quarter-over-quarter.
- 26 funds opened new New Mountain Finance positions in Q3 2024 and 18 closed out, a net change of +8 holders.
- The largest New Mountain Finance buyer in Q3 2024 was Ares Management, an estimated $6M added.
- The largest New Mountain Finance seller in Q3 2024 was Morgan Stanley, an estimated $6.16M sold.
Based on aggregated 13F filings for Q3 2024.