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New Mountain Finance

136 hedge funds and large institutions have $375M invested in New Mountain Finance in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 50 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

147% more call options, than puts

Call options by funds: $1.33M | Put options by funds: $540K

100% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 13

17% more capital invested

Capital invested by funds: $320M → $375M (+$55.3M)

10% more funds holding

Funds holding: 124136 (+12)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

0.46% less ownership

Funds ownership: 34.53%34.07% (-0.46%)

14% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 50

Holders
136
Holders Change
+12
Holders Change %
+9.68%
% of All Funds
2.41%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
26
Increased
43
Reduced
50
Closed
13
Calls
$1.33M
Puts
$540K
Net Calls
+$793K
Net Calls Change
-$25K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$39.9M -$763K -71,008 -2%
RTS
2
Round Table Services
New Jersey
$28.5M -$1.94M -181,060 -7%
DCM
3
Dimension Capital Management
Florida
$24.5M -$202K -18,834 -0.9%
LSV Asset Management
4
LSV Asset Management
Illinois
$24.4M +$279K +26,000 +1%
C
5
Cliffwater
California
$19.1M +$124K +11,548 +0.7%
JP Morgan Chase
6
JP Morgan Chase
New York
$19M +$4.48M +416,753 +33%
Morgan Stanley
7
Morgan Stanley
New York
$18.1M -$1.82M -169,813 -10%
HighTower Advisors
8
HighTower Advisors
Illinois
$17.5M -$741K -69,000 -4%
SCIM
9
Spring Creek Investment Management
Pennsylvania
$15.7M -$526K -49,000 -3%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$13.6M -$980K -91,291 -7%
VanEck Associates
11
VanEck Associates
New York
$12.6M +$1.8M +167,885 +18%
Invesco
12
Invesco
Georgia
$9.71M -$2.36M -220,015 -20%
PCM
13
Palisade Capital Management
New Jersey
$9.31M -$123K -11,429 -1%
Legal & General Group
14
Legal & General Group
United Kingdom
$7.88M +$164K +15,261 +2%
MC
15
Muzinich & Co
New York
$7.77M -$1.59M -147,759 -18%
Neuberger Berman Group
16
Neuberger Berman Group
New York
$7.67M +$2.44M +227,478 +51%
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$7.64M -$1.59M -147,759 -18%
ACM
18
Advisors Capital Management
New Jersey
$7.34M -$542K -50,474 -7%
CIM
19
Confluence Investment Management
Missouri
$5.91M -$19.2K -1,790 -0.3%
BlackRock
20
BlackRock
New York
$5.43M +$64.7K +6,022 +1%
CIC
21
Chilton Investment Company
Connecticut
$5.08M -$1.07M -99,840 -18%
Two Sigma Investments
22
Two Sigma Investments
New York
$3.81M +$1.77M +164,853 +97%
Osaic Holdings
23
Osaic Holdings
Arizona
$3.49M +$282K +26,252 +9%
GC
24
Guggenheim Capital
Illinois
$2.96M -$630K -58,620 -18%
POIA
25
Pin Oak Investment Advisors
Texas
$2.88M -$189K -17,625 -7%

NMFC Hedge Fund Activity: Q4 2020 in Review

136 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2020, worth a combined $375M — up 17% from $320M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new NMFC positions and 13 closed out — a net gain of 13 holders — while 43 added to existing stakes and 50 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $4.48M. The largest seller was Invesco, cutting an estimated $2.36M.

  • 136 institutional investors held New Mountain Finance (NMFC) as of Q4 2020, up from 124 in Q3 2020.
  • Funds reported $375M of New Mountain Finance stock for Q4 2020, up 17% quarter-over-quarter.
  • 26 funds opened new New Mountain Finance positions in Q4 2020 and 13 closed out, a net change of +13 holders.
  • The largest New Mountain Finance buyer in Q4 2020 was JP Morgan Chase, an estimated $4.48M added.
  • The largest New Mountain Finance seller in Q4 2020 was Invesco, an estimated $2.36M sold.

Based on aggregated 13F filings for Q4 2020.