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New Mountain Finance

110 hedge funds and large institutions have $364M invested in New Mountain Finance in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 29 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,705% more call options, than puts

Call options by funds: $1.28M | Put options by funds: $22K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

83% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 29

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

4% more capital invested

Capital invested by funds: $349M → $364M (+$14.8M)

0.82% more ownership

Funds ownership: 51.52%52.34% (+0.82%)

0% more funds holding

Funds holding: 110110 (0)

Holders
110
Holders Change
Holders Change %
0%
% of All Funds
3.18%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
20
Increased
53
Reduced
29
Closed
17
Calls
$1.28M
Puts
$22K
Net Calls
+$1.25M
Net Calls Change
-$92K
Name Holding Trade Value Shares
Change
Change in
Stake
SBK
1
Steven B. Klinsky
$38.5M +$887K +59,798 +2%
Ameriprise
2
Ameriprise
Minnesota
$34.7M -$2.45M -165,360 -6%
BFA
3
BlackRock Fund Advisors
California
$19.4M +$1.26M +84,621 +7%
AAM
4
Advisors Asset Management
Colorado
$18.5M +$819K +55,195 +5%
Neuberger Berman Group
5
Neuberger Berman Group
New York
$17.1M +$4.22M +284,526 +32%
Goldman Sachs
6
Goldman Sachs
New York
$16.4M +$2.48M +167,421 +17%
LCP
7
Lombardia Capital Partners
California
$15.8M +$1.57M +105,468 +11%
U
8
UBS
Switzerland
$12.9M +$3.87M +260,764 +42%
State Street
9
State Street
Massachusetts
$11.9M +$940K +63,328 +8%
Wells Fargo
10
Wells Fargo
California
$10.9M +$6.73M +453,472 +152%
Morgan Stanley
11
Morgan Stanley
New York
$10.1M -$363K -24,488 -3%
ACM
12
Ashford Capital Management
Delaware
$9.74M -$51.2K -3,450 -0.5%
KCM
13
Kennedy Capital Management
Missouri
$9.41M +$1.68M +113,289 +21%
CIM
14
Confluence Investment Management
Missouri
$9.06M +$453K +30,517 +5%
PCM
15
Palisade Capital Management
New Jersey
$8.74M +$206K +13,858 +2%
CS
16
Credit Suisse
Switzerland
$8.37M +$95.4K +6,427 +1%
BIT
17
BlackRock Institutional Trust
California
$8.22M +$533K +35,929 +7%
Northern Trust
18
Northern Trust
Illinois
$7.89M +$464K +31,257 +6%
YMRC
19
Yorktown Management & Research Company
Virginia
$5.38M
WJA
20
Williams Jones & Associates
New York
$5.16M +$2.91M +196,250 +124%
WFI
21
West Family Investments
California
$4.95M
RTS
22
Round Table Services
New Jersey
$4.89M +$3.35M +225,585 +204%
ACM
23
Advisors Capital Management
New Jersey
$4.81M +$3.42M +230,671 +230%
BG
24
BlackRock Group
United Kingdom
$4.39M +$1.38M +93,318 +45%
BF
25
BOK Financial
Oklahoma
$3.72M -$177K -11,926 -4%

NMFC Hedge Fund Activity: Q1 2014 in Review

110 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2014, worth a combined $364M — up 4.2% from $349M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new NMFC positions and 17 closed out — a net gain of 3 holders — while 53 added to existing stakes and 29 trimmed.

The largest buyer was Wells Fargo, adding an estimated $6.73M. The largest seller was TFS Capital, exiting entirely with an estimated $4.25M sold.

  • 110 institutional investors held New Mountain Finance (NMFC) as of Q1 2014, unchanged from Q4 2013.
  • Funds reported $364M of New Mountain Finance stock for Q1 2014, up 4.2% quarter-over-quarter.
  • 20 funds opened new New Mountain Finance positions in Q1 2014 and 17 closed out, a net change of +3 holders.
  • The largest New Mountain Finance buyer in Q1 2014 was Wells Fargo, an estimated $6.73M added.
  • The largest New Mountain Finance seller in Q1 2014 was TFS Capital, an estimated $4.25M sold.

Based on aggregated 13F filings for Q1 2014.