New Mountain Finance
NMFC
159 hedge funds and large institutions have $406M invested in New Mountain Finance in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 51 increasing their positions, 38 reducing their positions, and 14 closing their positions.
389% more call options, than puts
Call options by funds: $602K | Put options by funds: $123K
114% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 14
34% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 38
12% more capital invested
Capital invested by funds: $361M → $406M (+$44.9M)
7% more funds holding
Funds holding: 148 → 159 (+11)
1.45% more ownership
Funds ownership: 31.07% → 32.52% (+1.4%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$45.9M |
| 2 |
Millennium Management
New York
|
+$10.8M |
| 3 |
LC
Lindbrook Capital
Calabasas,
California
|
+$4.33M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$2.48M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$10.3M |
| 2 |
Two Sigma Investments
New York
|
-$1.27M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.05M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$834K |
| 5 |
Goldman Sachs
New York
|
-$588K |
NMFC Hedge Fund Activity: Q4 2022 in Review
159 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2022, worth a combined $406M — up 12% from $361M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NMFC positions and 14 closed out — a net gain of 16 holders — while 51 added to existing stakes and 38 trimmed.
The largest buyer was Cerity Partners, adding an estimated $45.9M. The largest seller was Invesco, cutting an estimated $10.3M.
- 159 institutional investors held New Mountain Finance (NMFC) as of Q4 2022, up from 148 in Q3 2022.
- Funds reported $406M of New Mountain Finance stock for Q4 2022, up 12% quarter-over-quarter.
- 30 funds opened new New Mountain Finance positions in Q4 2022 and 14 closed out, a net change of +16 holders.
- The largest New Mountain Finance buyer in Q4 2022 was Cerity Partners, an estimated $45.9M added.
- The largest New Mountain Finance seller in Q4 2022 was Invesco, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2022.