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New Mountain Finance

136 hedge funds and large institutions have $306M invested in New Mountain Finance in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 47 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more call options, than puts

Call options by funds: $820K | Put options by funds: $344K

28% more capital invested

Capital invested by funds: $240M → $306M (+$66.9M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 47

2.5% less ownership

Funds ownership: 36.51%34.01% (-2.5%)

12% less funds holding

Funds holding: 154136 (-18)

57% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 30

Holders
136
Holders Change
-18
Holders Change %
-11.69%
% of All Funds
2.79%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
13
Increased
47
Reduced
47
Closed
30
Calls
$820K
Puts
$344K
Net Calls
+$476K
Net Calls Change
-$71K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$32.1M +$1.43M +173,982 +5%
RTS
2
Round Table Services
New Jersey
$25.3M +$3.63M +441,923 +19%
DCM
3
Dimension Capital Management
Florida
$20.7M -$623K -75,809 -3%
LSV Asset Management
4
LSV Asset Management
Illinois
$19.2M +$1.21M +147,527 +8%
HighTower Advisors
5
HighTower Advisors
Illinois
$14.2M +$2.4M +291,972 +24%
Morgan Stanley
6
Morgan Stanley
New York
$13.3M +$188K +22,855 +2%
SCIM
7
Spring Creek Investment Management
Pennsylvania
$13.3M +$403K +49,000 +4%
C
8
Cliffwater
California
$12.7M +$2.99M +363,690 +36%
JP Morgan Chase
9
JP Morgan Chase
New York
$12M -$5.29M -643,741 -33%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$9.71M +$2.46M +299,905 +40%
VanEck Associates
11
VanEck Associates
New York
$9.06M +$1.01M +123,468 +14%
Invesco
12
Invesco
Georgia
$8.76M +$874K +106,370 +13%
PCM
13
Palisade Capital Management
New Jersey
$7.66M -$3.21M -391,286 -32%
MC
14
Muzinich & Co
New York
$7.44M +$985K +119,882 +18%
Sumitomo Mitsui Trust Group
15
Sumitomo Mitsui Trust Group
Japan
$7.33M +$985K +119,882 +18%
ACM
16
Advisors Capital Management
New Jersey
$6.95M -$132K -16,029 -2%
Legal & General Group
17
Legal & General Group
United Kingdom
$6.02M +$806K +98,088 +18%
CIM
18
Confluence Investment Management
Missouri
$4.85M -$1.06M -129,201 -20%
BlackRock
19
BlackRock
New York
$4.78M +$406K +49,415 +11%
CIC
20
Chilton Investment Company
Connecticut
$4.71M +$736K +89,543 +21%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$4.17M -$14K -1,700 -0.4%
GC
22
Guggenheim Capital
Illinois
$3.16M -$73.9K -8,994 -3%
LPL Financial
23
LPL Financial
California
$2.44M +$44.6K +5,435 +2%
POIA
24
Pin Oak Investment Advisors
Texas
$2.41M +$33.9K +4,121 +2%
Acadian Asset Management
25
Acadian Asset Management
Massachusetts
$2.33M -$1.02M -124,570 -33%

NMFC Hedge Fund Activity: Q2 2020 in Review

136 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2020, worth a combined $306M — up 28% from $240M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of NMFC and 13 opened new positions — a net loss of 17 holders — while 47 trimmed existing stakes and 47 added.

The largest buyer was Round Table Services, adding an estimated $3.63M. The largest seller was Partners Group Holding, exiting entirely with an estimated $6.85M sold.

  • 136 institutional investors held New Mountain Finance (NMFC) as of Q2 2020, down from 154 in Q1 2020.
  • Funds reported $306M of New Mountain Finance stock for Q2 2020, up 28% quarter-over-quarter.
  • 13 funds opened new New Mountain Finance positions in Q2 2020 and 30 closed out, a net change of -17 holders.
  • The largest New Mountain Finance buyer in Q2 2020 was Round Table Services, an estimated $3.63M added.
  • The largest New Mountain Finance seller in Q2 2020 was Partners Group Holding, an estimated $6.85M sold.

Based on aggregated 13F filings for Q2 2020.