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New Mountain Finance

124 hedge funds and large institutions have $403M invested in New Mountain Finance in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 35 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

344% more call options, than puts

Call options by funds: $764K | Put options by funds: $172K

29% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 35

0.84% less ownership

Funds ownership: 32.08%31.24% (-0.84%)

2% less capital invested

Capital invested by funds: $409M → $403M (-$6.19M)

5% less funds holding

Funds holding: 131124 (-7)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

29% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 21

Holders
124
Holders Change
-7
Holders Change %
-5.34%
% of All Funds
2.17%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.07%
New
15
Increased
45
Reduced
35
Closed
21
Calls
$764K
Puts
$172K
Net Calls
+$592K
Net Calls Change
+$128K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$47.2M +$20.3K +1,515 +0%
RTS
2
Round Table Services
New Jersey
$35.1M +$810K +60,595 +2%
HighTower Advisors
3
HighTower Advisors
Illinois
$27.3M +$1.73M +129,128 +7%
LSV Asset Management
4
LSV Asset Management
Illinois
$27.2M -$495K -37,000 -2%
Morgan Stanley
5
Morgan Stanley
New York
$21.2M +$209K +15,659 +1%
DCM
6
Dimension Capital Management
Florida
$19.6M -$2.16M -161,688 -10%
VanEck Associates
7
VanEck Associates
New York
$17.7M -$1.07M -80,067 -6%
Invesco
8
Invesco
Georgia
$17.5M -$728K -54,442 -4%
C
9
Cliffwater
California
$15.9M +$213K +15,930 +1%
JP Morgan Chase
10
JP Morgan Chase
New York
$15M -$1.47M -109,800 -9%
PCM
11
Palisade Capital Management
New Jersey
$11.1M -$114K -8,505 -1%
AM
12
Ares Management
California
$8.11M +$3.48M +260,084 +74%
ACM
13
Advisors Capital Management
New Jersey
$8.06M -$121K -9,056 -1%
BlackRock
14
BlackRock
New York
$7.82M +$788K +58,946 +11%
Neuberger Berman Group
15
Neuberger Berman Group
New York
$7.73M -$60.9K -4,554 -0.8%
Legal & General Group
16
Legal & General Group
United Kingdom
$7.69M -$544K -40,663 -7%
MC
17
Muzinich & Co
New York
$6.46M -$574K -42,905 -8%
Sumitomo Mitsui Trust Group
18
Sumitomo Mitsui Trust Group
Japan
$6.3M -$574K -42,905 -8%
CIM
19
Confluence Investment Management
Missouri
$6.19M +$21.7K +1,622 +0.3%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$5.92M -$296K -22,100 -5%
Two Sigma Investments
21
Two Sigma Investments
New York
$5.03M +$2.54M +189,566 +101%
CIC
22
Chilton Investment Company
Connecticut
$4.57M
Osaic Holdings
23
Osaic Holdings
Arizona
$4.23M -$223K -16,672 -5%
AAM
24
Advisors Asset Management
Colorado
$4.13M +$658K +49,166 +19%
UBS Group
25
UBS Group
Switzerland
$3.93M +$506K +37,813 +15%

NMFC Hedge Fund Activity: Q3 2021 in Review

124 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q3 2021, worth a combined $403M — down 1.5% from $409M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of NMFC and 15 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 45 added.

The largest buyer was Ares Management, adding an estimated $3.48M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $7.96M sold.

  • 124 institutional investors held New Mountain Finance (NMFC) as of Q3 2021, down from 131 in Q2 2021.
  • Funds reported $403M of New Mountain Finance stock for Q3 2021, down 1.5% quarter-over-quarter.
  • 15 funds opened new New Mountain Finance positions in Q3 2021 and 21 closed out, a net change of -6 holders.
  • The largest New Mountain Finance buyer in Q3 2021 was Ares Management, an estimated $3.48M added.
  • The largest New Mountain Finance seller in Q3 2021 was Arrowstreet Capital, an estimated $7.96M sold.

Based on aggregated 13F filings for Q3 2021.