New Mountain Finance
NMFC
158 hedge funds and large institutions have $326M invested in New Mountain Finance in 2025 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 48 reducing their positions, and 25 closing their positions.
1,200% more call options, than puts
Call options by funds: $247K | Put options by funds: $19K
0% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 48
1.2% less ownership
Funds ownership: 28.89% → 27.69% (-1.2%)
4% less funds holding
Funds holding: 164 → 158 (-6)
12% less capital invested
Capital invested by funds: $372M → $326M (-$46.3M)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.76M |
| 2 |
JP Morgan Chase
New York
|
+$3.77M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.99M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.97M |
| 5 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$7.23M |
| 2 |
Two Sigma Advisers
New York
|
-$4.66M |
| 3 |
Millennium Management
New York
|
-$4.25M |
| 4 |
Two Sigma Investments
New York
|
-$3.14M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QL
176
Quarry LP
New York
| – | -$125K | -11,846 | Closed |
|
177
Mercer Global Advisors
Denver,
Colorado
| – | -$113K | -10,698 | Closed |
|
|
AWA
178
Arete Wealth Advisors
Chicago,
Illinois
| – | -$107K | -10,096 | Closed |
|
179
UBS AM
Chicago,
Illinois
| – | -$13.8K | -1,306 | Closed |
|
|
TSMHT
180
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| – | -$3.47K | -329 | Closed |
|
|
IA
181
IFP Advisors
Tampa,
Florida
| – | -$3.13K | -297 | Closed |
|
|
WA
182
Whipplewood Advisors
Littleton,
Colorado
| – | -$1.25K | -118 | Closed |
|
|
EC
183
Elequin Capital
New York
| – | -$32 | -3 | Closed |
|
NMFC Hedge Fund Activity: Q3 2025 in Review
158 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2025, worth a combined $326M — down 12% from $372M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NMFC and 21 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 48 added.
The largest buyer was Bank of America, adding an estimated $4.76M. The largest seller was Cerity Partners, cutting an estimated $7.23M.
- 158 institutional investors held New Mountain Finance (NMFC) as of Q3 2025, down from 164 in Q2 2025.
- Funds reported $326M of New Mountain Finance stock for Q3 2025, down 12% quarter-over-quarter.
- 21 funds opened new New Mountain Finance positions in Q3 2025 and 25 closed out, a net change of -4 holders.
- The largest New Mountain Finance buyer in Q3 2025 was Bank of America, an estimated $4.76M added.
- The largest New Mountain Finance seller in Q3 2025 was Cerity Partners, an estimated $7.23M sold.
Based on aggregated 13F filings for Q3 2025.