New Mountain Finance
NMFC
133 hedge funds and large institutions have $393M invested in New Mountain Finance in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 39 increasing their positions, 46 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.32% less ownership
Funds ownership: 40.71% → 39.39% (-1.3%)
4% less funds holding
Funds holding: 139 → 133 (-6)
6% less capital invested
Capital invested by funds: $418M → $393M (-$25.1M)
15% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 46
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
64% less call options, than puts
Call options by funds: $256K | Put options by funds: $712K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$6.62M |
| 2 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$5.65M |
| 3 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
+$4.62M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.7M |
| 5 |
Morgan Stanley
New York
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
-$10.4M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$5.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.99M |
| 5 |
Millennium Management
New York
|
-$2.13M |
NMFC Hedge Fund Activity: Q1 2018 in Review
133 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2018, worth a combined $393M — down 6% from $418M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NMFC and 14 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 39 added.
The largest buyer was Ares Management, adding an estimated $6.62M. The largest seller was Muzinich & Co, cutting an estimated $10.4M.
- 133 institutional investors held New Mountain Finance (NMFC) as of Q1 2018, down from 139 in Q4 2017.
- Funds reported $393M of New Mountain Finance stock for Q1 2018, down 6% quarter-over-quarter.
- 14 funds opened new New Mountain Finance positions in Q1 2018 and 20 closed out, a net change of -6 holders.
- The largest New Mountain Finance buyer in Q1 2018 was Ares Management, an estimated $6.62M added.
- The largest New Mountain Finance seller in Q1 2018 was Muzinich & Co, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2018.