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New Mountain Finance

109 hedge funds and large institutions have $314M invested in New Mountain Finance in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more call options, than puts

Call options by funds: $222K | Put options by funds: $159K

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

2% more funds holding

Funds holding: 107109 (+2)

1.06% more ownership

Funds ownership: 37.05%38.11% (+1.1%)

5% more capital invested

Capital invested by funds: $299M → $314M (+$14.9M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

20% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 44

Holders
109
Holders Change
+2
Holders Change %
+1.87%
% of All Funds
2.91%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
11
Increased
35
Reduced
44
Closed
9
Calls
$222K
Puts
$159K
Net Calls
+$63K
Net Calls Change
+$238K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$75.1M +$23.3M +1,867,533 +47%
Aviva
2
Aviva
United Kingdom
$16M -$9.39M -754,291 -38%
RTS
3
Round Table Services
New Jersey
$15.9M +$1.07M +86,269 +8%
LCP
4
Lombardia Capital Partners
California
$11.9M -$2.55M -204,454 -18%
Goldman Sachs
5
Goldman Sachs
New York
$11.1M +$17.3K +1,387 +0.2%
CIM
6
Confluence Investment Management
Missouri
$10.6M +$86.2K +6,925 +0.8%
UBS Group
7
UBS Group
Switzerland
$10.3M +$1.02M +82,009 +11%
AAM
8
Advisors Asset Management
Colorado
$10.1M -$3.31M -265,503 -25%
MC
9
Muzinich & Co
New York
$9.98M -$1.25M -100,322 -11%
Morgan Stanley
10
Morgan Stanley
New York
$9.65M -$2.8M -224,721 -23%
PCM
11
Palisade Capital Management
New Jersey
$8.06M -$941K -75,553 -11%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$7.84M +$99.6K +8,000 +1%
ACM
13
Advisors Capital Management
New Jersey
$7.36M +$1.45K +116 +0%
YMRC
14
Yorktown Management & Research Company
Virginia
$6.64M +$1.37M +110,000 +27%
WJA
15
Williams Jones & Associates
New York
$6.18M -$179K -14,402 -3%
KCM
16
Kennedy Capital Management
Missouri
$5.51M -$63.6K -5,103 -1%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$5.17M +$2.88M +230,966 +136%
WFI
18
West Family Investments
California
$4.96M
GC
19
Guggenheim Capital
Illinois
$4.87M +$875K +70,288 +23%
Invesco
20
Invesco
Georgia
$4.48M +$397K +31,911 +10%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$4.46M
AM
22
Ares Management
California
$4.2M +$4.06M +325,800 New
BG
23
BlackRock Group
United Kingdom
$4.12M +$506K +40,604 +15%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$4.01M -$1.14M -91,684 -23%
PGH
25
Partners Group Holding
Switzerland
$3.3M +$1.06M +85,000 +48%

NMFC Hedge Fund Activity: Q2 2016 in Review

109 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2016, worth a combined $314M — up 5% from $299M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new NMFC positions and 9 closed out — a net gain of 2 holders — while 35 added to existing stakes and 44 trimmed.

The largest buyer was Wells Fargo, adding an estimated $23.3M. The largest seller was Aviva, cutting an estimated $9.39M.

  • 109 institutional investors held New Mountain Finance (NMFC) as of Q2 2016, up from 107 in Q1 2016.
  • Funds reported $314M of New Mountain Finance stock for Q2 2016, up 5% quarter-over-quarter.
  • 11 funds opened new New Mountain Finance positions in Q2 2016 and 9 closed out, a net change of +2 holders.
  • The largest New Mountain Finance buyer in Q2 2016 was Wells Fargo, an estimated $23.3M added.
  • The largest New Mountain Finance seller in Q2 2016 was Aviva, an estimated $9.39M sold.

Based on aggregated 13F filings for Q2 2016.