New Mountain Finance
NMFC
121 hedge funds and large institutions have $422M invested in New Mountain Finance in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 17 closing their positions.
6% more call options, than puts
Call options by funds: $691K | Put options by funds: $651K
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
1.41% less ownership
Funds ownership: 40.94% → 39.53% (-1.4%)
4% less funds holding
Funds holding: 126 → 121 (-5)
6% less capital invested
Capital invested by funds: $450M → $422M (-$27.4M)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$3.33M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.51M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.37M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$1.69M |
| 5 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aviva
London,
United Kingdom
|
-$14M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$5.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.86M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.57M |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
-$1.33M |
NMFC Hedge Fund Activity: Q3 2017 in Review
121 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2017, worth a combined $422M — down 6.1% from $450M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NMFC and 15 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 43 added.
The largest buyer was Muzinich & Co, adding an estimated $3.33M. The largest seller was Aviva, exiting entirely with an estimated $14M sold.
- 121 institutional investors held New Mountain Finance (NMFC) as of Q3 2017, down from 126 in Q2 2017.
- Funds reported $422M of New Mountain Finance stock for Q3 2017, down 6.1% quarter-over-quarter.
- 15 funds opened new New Mountain Finance positions in Q3 2017 and 17 closed out, a net change of -2 holders.
- The largest New Mountain Finance buyer in Q3 2017 was Muzinich & Co, an estimated $3.33M added.
- The largest New Mountain Finance seller in Q3 2017 was Aviva, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2017.