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New Mountain Finance

149 hedge funds and large institutions have $419M invested in New Mountain Finance in 2022 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 52 increasing their positions, 30 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

409% more call options, than puts

Call options by funds: $830K | Put options by funds: $163K

150% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 10

73% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 30

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

11% more funds holding

Funds holding: 134149 (+15)

3% more capital invested

Capital invested by funds: $407M → $419M (+$12.3M)

0.76% more ownership

Funds ownership: 30.65%31.41% (+0.76%)

Holders
149
Holders Change
+15
Holders Change %
+11.19%
% of All Funds
2.35%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
25
Increased
52
Reduced
30
Closed
10
Calls
$830K
Puts
$163K
Net Calls
+$667K
Net Calls Change
-$267K
Name Holding Trade Value Shares
Change
Change in
Stake
Allspring Global Investments
1
Allspring Global Investments
North Carolina
$43M +$14.9K +1,098 +0%
RTS
2
Round Table Services
New Jersey
$41.2M +$2.84M +209,532 +8%
HighTower Advisors
3
HighTower Advisors
Illinois
$30.6M +$343K +25,378 +1%
LSV Asset Management
4
LSV Asset Management
Illinois
$29.1M +$589K +43,500 +2%
VanEck Associates
5
VanEck Associates
New York
$28.9M +$8.85M +654,394 +46%
Morgan Stanley
6
Morgan Stanley
New York
$24.3M +$1.39M +103,023 +6%
DCM
7
Dimension Capital Management
Florida
$17.3M +$77.3K +5,716 +0.5%
C
8
Cliffwater
California
$16.7M +$1.75M +129,653 +12%
Invesco
9
Invesco
Georgia
$13.8M -$1.94M -143,074 -13%
JP Morgan Chase
10
JP Morgan Chase
New York
$13.4M -$2.17M -160,511 -14%
PCM
11
Palisade Capital Management
New Jersey
$10.1M -$818K -60,431 -8%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$8.72M +$177K +13,098 +2%
Legal & General Group
13
Legal & General Group
United Kingdom
$7.39M -$371K -27,452 -5%
BlackRock
14
BlackRock
New York
$7.33M -$1.48M -109,422 -17%
Sumitomo Mitsui Trust Group
15
Sumitomo Mitsui Trust Group
Japan
$6.72M +$454K +33,553 +7%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$6.26M +$900K +66,500 +17%
Wells Fargo
17
Wells Fargo
California
$5.96M -$57.8K -4,275 -1%
Two Sigma Investments
18
Two Sigma Investments
New York
$5.62M +$1.16M +85,608 +27%
CIM
19
Confluence Investment Management
Missouri
$5.57M +$4.29K +317 +0.1%
ACM
20
Advisors Capital Management
New Jersey
$5.06M +$297K +21,959 +6%
AAM
21
Advisors Asset Management
Colorado
$4.79M +$184K +13,592 +4%
AM
22
Ares Management
California
$4.7M -$2.03M -150,056 -31%
BGIM
23
Brandywine Global Investment Management
Pennsylvania
$4.63M +$4.52M +334,180 New
Bank of America
24
Bank of America
North Carolina
$4.62M +$413K +30,495 +10%
Osaic Holdings
25
Osaic Holdings
Arizona
$4.48M +$66.2K +4,893 +2%

NMFC Hedge Fund Activity: Q1 2022 in Review

149 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q1 2022, worth a combined $419M — up 3% from $407M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new NMFC positions and 10 closed out — a net gain of 15 holders — while 52 added to existing stakes and 30 trimmed.

The largest buyer was VanEck Associates, adding an estimated $8.85M. The largest seller was Chilton Investment Company, cutting an estimated $3.5M.

  • 149 institutional investors held New Mountain Finance (NMFC) as of Q1 2022, up from 134 in Q4 2021.
  • Funds reported $419M of New Mountain Finance stock for Q1 2022, up 3% quarter-over-quarter.
  • 25 funds opened new New Mountain Finance positions in Q1 2022 and 10 closed out, a net change of +15 holders.
  • The largest New Mountain Finance buyer in Q1 2022 was VanEck Associates, an estimated $8.85M added.
  • The largest New Mountain Finance seller in Q1 2022 was Chilton Investment Company, an estimated $3.5M sold.

Based on aggregated 13F filings for Q1 2022.