New Mountain Finance
NMFC
126 hedge funds and large institutions have $435M invested in New Mountain Finance in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 32 reducing their positions, and 15 closing their positions.
17,600% more call options, than puts
Call options by funds: $177K | Put options by funds: $1K
56% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 32
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
11% more capital invested
Capital invested by funds: $391M → $435M (+$43.9M)
2.04% more ownership
Funds ownership: 39.87% → 41.91% (+2%)
0% more funds holding
Funds holding: 126 → 126 (0)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$16M |
| 2 |
MC
Muzinich & Co
New York
|
+$15.9M |
| 3 |
BlackRock
New York
|
+$7.51M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.31M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$9.86M |
| 2 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$9.23M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
-$6.82M |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$6.41M |
| 5 |
Two Sigma Investments
New York
|
-$2.87M |
NMFC Hedge Fund Activity: Q1 2017 in Review
126 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2017, worth a combined $435M — up 11% from $391M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NMFC positions and 15 closed out — a net gain of 2 holders — while 50 added to existing stakes and 32 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $16M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $9.86M.
- 126 institutional investors held New Mountain Finance (NMFC) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $435M of New Mountain Finance stock for Q1 2017, up 11% quarter-over-quarter.
- 17 funds opened new New Mountain Finance positions in Q1 2017 and 15 closed out, a net change of +2 holders.
- The largest New Mountain Finance buyer in Q1 2017 was LSV Asset Management, an estimated $16M added.
- The largest New Mountain Finance seller in Q1 2017 was State of New Jersey Common Pension Fund D, an estimated $9.86M sold.
Based on aggregated 13F filings for Q1 2017.