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New Mountain Finance

94 hedge funds and large institutions have $422M invested in New Mountain Finance in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

56% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 25

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

18% more capital invested

Capital invested by funds: $357M → $422M (+$64.9M)

8% more funds holding

Funds holding: 8794 (+7)

2.09% more ownership

Funds ownership: 46.65%48.73% (+2.1%)

55% less call options, than puts

Call options by funds: $804K | Put options by funds: $1.8M

Holders
94
Holders Change
+7
Holders Change %
+8.05%
% of All Funds
2.51%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
18
Increased
39
Reduced
25
Closed
9
Calls
$804K
Puts
$1.8M
Net Calls
-$999K
Net Calls Change
+$1.81M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$54.6M +$18.6M +1,259,200 +53%
SBK
2
Steven B. Klinsky
$49M +$2.9M +196,931 +6%
Ameriprise
3
Ameriprise
Minnesota
$35.4M -$155K -10,488 -0.4%
AAM
4
Advisors Asset Management
Colorado
$30.3M +$3.95M +267,722 +15%
LCP
5
Lombardia Capital Partners
California
$24.8M +$7.05M +478,735 +40%
Aviva
6
Aviva
United Kingdom
$20M +$15.8M +1,070,682 +397%
Goldman Sachs
7
Goldman Sachs
New York
$17.7M -$517K -35,106 -3%
UBS Group
8
UBS Group
Switzerland
$15M +$14.8M +1,002,383 New
Neuberger Berman Group
9
Neuberger Berman Group
New York
$14.7M +$528K +35,800 +4%
RTS
10
Round Table Services
New Jersey
$14.1M +$12.4K +841 +0.1%
CIM
11
Confluence Investment Management
Missouri
$11.7M -$261K -17,739 -2%
CS
12
Credit Suisse
Switzerland
$11.4M +$233K +15,796 +2%
MC
13
Muzinich & Co
New York
$11.3M +$11.2M +757,298 New
PCM
14
Palisade Capital Management
New Jersey
$8.83M +$63.8K +4,328 +0.7%
ACM
15
Advisors Capital Management
New Jersey
$8.44M +$1.13M +76,959 +16%
Morgan Stanley
16
Morgan Stanley
New York
$7.56M -$817K -55,454 -10%
KCM
17
Kennedy Capital Management
Missouri
$7.11M -$204K -13,822 -3%
YMRC
18
Yorktown Management & Research Company
Virginia
$7.1M
Norges Bank
19
Norges Bank
Norway
$5.81M -$1.1M -74,409 -16%
WFI
20
West Family Investments
California
$5.05M
GC
21
Guggenheim Capital
Illinois
$4.07M +$489K +33,200 +14%
WJA
22
Williams Jones & Associates
New York
$3.39M +$419K +28,450 +14%
Invesco
23
Invesco
Georgia
$3.28M +$236K +16,006 +8%
BG
24
BlackRock Group
United Kingdom
$3.16M -$487K -33,073 -14%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$3.14M -$513K -34,836 -14%

NMFC Hedge Fund Activity: Q4 2014 in Review

94 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2014, worth a combined $422M — up 18% from $357M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NMFC positions and 9 closed out — a net gain of 9 holders — while 39 added to existing stakes and 25 trimmed.

The largest buyer was Wells Fargo, adding an estimated $18.6M. The largest seller was AllianceBernstein, exiting entirely with an estimated $4.54M sold.

  • 94 institutional investors held New Mountain Finance (NMFC) as of Q4 2014, up from 87 in Q3 2014.
  • Funds reported $422M of New Mountain Finance stock for Q4 2014, up 18% quarter-over-quarter.
  • 18 funds opened new New Mountain Finance positions in Q4 2014 and 9 closed out, a net change of +9 holders.
  • The largest New Mountain Finance buyer in Q4 2014 was Wells Fargo, an estimated $18.6M added.
  • The largest New Mountain Finance seller in Q4 2014 was AllianceBernstein, an estimated $4.54M sold.

Based on aggregated 13F filings for Q4 2014.