New Mountain Finance
NMFC
138 hedge funds and large institutions have $399M invested in New Mountain Finance in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
44% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 36
17% more capital invested
Capital invested by funds: $342M → $399M (+$56.9M)
9% more funds holding
Funds holding: 127 → 138 (+11)
1% more ownership
Funds ownership: 35.71% → 36.7% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
69% less call options, than puts
Call options by funds: $221K | Put options by funds: $712K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.97M |
| 3 |
JP Morgan Chase
New York
|
+$3.55M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$3.52M |
| 5 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$8.82M |
| 2 |
C
Cliffwater
Marina Del Rey,
California
|
-$1.98M |
| 3 |
Millennium Management
New York
|
-$1.98M |
| 4 |
MC
Muzinich & Co
New York
|
-$1.64M |
| 5 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
-$1.61M |
NMFC Hedge Fund Activity: Q1 2019 in Review
138 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2019, worth a combined $399M — up 17% from $342M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NMFC positions and 11 closed out — a net gain of 11 holders — while 52 added to existing stakes and 36 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $13.5M. The largest seller was Ares Management, exiting entirely with an estimated $8.82M sold.
- 138 institutional investors held New Mountain Finance (NMFC) as of Q1 2019, up from 127 in Q4 2018.
- Funds reported $399M of New Mountain Finance stock for Q1 2019, up 17% quarter-over-quarter.
- 22 funds opened new New Mountain Finance positions in Q1 2019 and 11 closed out, a net change of +11 holders.
- The largest New Mountain Finance buyer in Q1 2019 was Arrowstreet Capital, an estimated $13.5M added.
- The largest New Mountain Finance seller in Q1 2019 was Ares Management, an estimated $8.82M sold.
Based on aggregated 13F filings for Q1 2019.