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New Mountain Finance

126 hedge funds and large institutions have $450M invested in New Mountain Finance in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 49 increasing their positions, 35 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more call options, than puts

Call options by funds: $1.05M | Put options by funds: $605K

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

40% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 35

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

3% more capital invested

Capital invested by funds: $435M → $450M (+$14.3M)

0% more funds holding

Funds holding: 126126 (0)

0.97% less ownership

Funds ownership: 41.91%40.94% (-0.97%)

Holders
126
Holders Change
Holders Change %
0%
% of All Funds
3.14%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
13
Increased
49
Reduced
35
Closed
12
Calls
$1.05M
Puts
$605K
Net Calls
+$444K
Net Calls Change
+$268K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$93.7M -$669K -45,777 -0.7%
MC
2
Muzinich & Co
New York
$53.2M +$6.76M +462,290 +14%
LSV Asset Management
3
LSV Asset Management
Illinois
$24.8M +$1.52M +104,300 +7%
UBS Group
4
UBS Group
Switzerland
$21.3M +$2.77M +189,319 +15%
RTS
5
Round Table Services
New Jersey
$18.9M +$3.51M +240,229 +23%
Aviva
6
Aviva
United Kingdom
$14M
CIM
7
Confluence Investment Management
Missouri
$13.5M +$13.9K +948 +0.1%
Morgan Stanley
8
Morgan Stanley
New York
$13.4M +$229K +15,664 +2%
GC
9
Guggenheim Capital
Illinois
$13.3M +$1.01M +69,202 +8%
AM
10
Ares Management
California
$10.7M +$4.62M +316,011 +76%
ACM
11
Advisors Capital Management
New Jersey
$9.5M +$649K +44,390 +7%
PCM
12
Palisade Capital Management
New Jersey
$8.54M +$634K +43,365 +8%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$8.33M -$300K -20,500 -3%
VanEck Associates
14
VanEck Associates
New York
$7.92M +$1.49M +101,707 +23%
WJA
15
Williams Jones & Associates
New York
$7.26M -$83.3K -5,700 -1%
AR
16
Advisory Research
Illinois
$6.93M +$1.61M +110,311 +30%
PGH
17
Partners Group Holding
Switzerland
$6.78M -$380K -26,000 -5%
SMDAM
18
Sumitomo Mitsui DS Asset Management
Japan
$6.63M +$1.55M +106,363 +30%
BlackRock
19
BlackRock
New York
$6.23M -$1.26M -86,276 -17%
Invesco
20
Invesco
Georgia
$6M -$437K -29,867 -7%
State of New Jersey Common Pension Fund D
21
State of New Jersey Common Pension Fund D
New Jersey
$5.82M -$365K -25,000 -6%
YMRC
22
Yorktown Management & Research Company
Virginia
$5.67M +$1.46M +100,000 +34%
AAM
23
Advisors Asset Management
Colorado
$5.57M +$824K +56,360 +17%
KCM
24
Kennedy Capital Management
Missouri
$5.41M -$267K -18,301 -5%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$5.13M +$427K +29,189 +9%

NMFC Hedge Fund Activity: Q2 2017 in Review

126 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2017, worth a combined $450M — up 3.3% from $435M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new NMFC positions and 12 closed out — a net gain of 1 holder — while 49 added to existing stakes and 35 trimmed.

The largest buyer was Muzinich & Co, adding an estimated $6.76M. The largest seller was Two Sigma Advisers, cutting an estimated $1.32M.

  • 126 institutional investors held New Mountain Finance (NMFC) as of Q2 2017, unchanged from Q1 2017.
  • Funds reported $450M of New Mountain Finance stock for Q2 2017, up 3.3% quarter-over-quarter.
  • 13 funds opened new New Mountain Finance positions in Q2 2017 and 12 closed out, a net change of +1 holder.
  • The largest New Mountain Finance buyer in Q2 2017 was Muzinich & Co, an estimated $6.76M added.
  • The largest New Mountain Finance seller in Q2 2017 was Two Sigma Advisers, an estimated $1.32M sold.

Based on aggregated 13F filings for Q2 2017.