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New Mountain Finance

165 hedge funds and large institutions have $492M invested in New Mountain Finance in 2019 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 65 increasing their positions, 30 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

628% more call options, than puts

Call options by funds: $597K | Put options by funds: $82K

117% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 30

62% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 21

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

15% more capital invested

Capital invested by funds: $427M → $492M (+$65M)

9% more funds holding

Funds holding: 152165 (+13)

0.81% more ownership

Funds ownership: 36.18%36.99% (+0.81%)

Holders
165
Holders Change
+13
Holders Change %
+8.55%
% of All Funds
3.25%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.12%
New
34
Increased
65
Reduced
30
Closed
21
Calls
$597K
Puts
$82K
Net Calls
+$515K
Net Calls Change
+$1.04M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$52.8M -$4.53M -334,917 -8%
DCM
2
Dimension Capital Management
Florida
$30.9M +$8.34M +616,426 +38%
LSV Asset Management
3
LSV Asset Management
Illinois
$29.7M -$52.8K -3,900 -0.2%
JP Morgan Chase
4
JP Morgan Chase
New York
$27.1M +$5.8M +428,634 +28%
RTS
5
Round Table Services
New Jersey
$23.2M +$952K +70,337 +4%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$21.5M +$3.8M +280,669 +22%
PCM
7
Palisade Capital Management
New Jersey
$15.2M +$1.15M +84,932 +8%
Morgan Stanley
8
Morgan Stanley
New York
$14.3M +$3.09M +228,257 +28%
PGH
9
Partners Group Holding
Switzerland
$14.3M +$1.74M +128,610 +14%
CIM
10
Confluence Investment Management
Missouri
$12.3M +$299K +22,089 +3%
Invesco
11
Invesco
Georgia
$11.9M +$9.39M +693,545 +399%
VanEck Associates
12
VanEck Associates
New York
$11.5M +$2.53M +186,976 +29%
C
13
Cliffwater
California
$11.5M +$1.44M +106,170 +15%
UBS Group
14
UBS Group
Switzerland
$11.1M +$1.9M +140,074 +21%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$10.9M
MC
16
Muzinich & Co
New York
$10.5M -$500K -36,928 -5%
Millennium Management
17
Millennium Management
New York
$10.1M +$3.18M +234,930 +47%
ACM
18
Advisors Capital Management
New Jersey
$9.92M +$692K +51,148 +8%
CS
19
Credit Suisse
Switzerland
$7.41M +$1.02M +75,340 +16%
Legal & General Group
20
Legal & General Group
United Kingdom
$7.01M +$1.2M +88,636 +21%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$6.59M +$518K +38,294 +9%
BlackRock
22
BlackRock
New York
$5.94M +$239K +17,655 +4%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
23
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$4.89M +$4.82M +356,200 New
GC
24
Guggenheim Capital
Illinois
$4.71M -$86.8K -6,415 -2%
VEA
25
Virtus ETF Advisers
New York
$4.56M +$485K +35,812 +12%

NMFC Hedge Fund Activity: Q4 2019 in Review

165 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2019, worth a combined $492M — up 15% from $427M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new NMFC positions and 21 closed out — a net gain of 13 holders — while 65 added to existing stakes and 30 trimmed.

The largest buyer was Invesco, adding an estimated $9.39M. The largest seller was Wells Fargo, cutting an estimated $4.53M.

  • 165 institutional investors held New Mountain Finance (NMFC) as of Q4 2019, up from 152 in Q3 2019.
  • Funds reported $492M of New Mountain Finance stock for Q4 2019, up 15% quarter-over-quarter.
  • 34 funds opened new New Mountain Finance positions in Q4 2019 and 21 closed out, a net change of +13 holders.
  • The largest New Mountain Finance buyer in Q4 2019 was Invesco, an estimated $9.39M added.
  • The largest New Mountain Finance seller in Q4 2019 was Wells Fargo, an estimated $4.53M sold.

Based on aggregated 13F filings for Q4 2019.