New Mountain Finance
NMFC
167 hedge funds and large institutions have $465M invested in New Mountain Finance in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 46 reducing their positions, and 16 closing their positions.
223% more call options, than puts
Call options by funds: $792K | Put options by funds: $245K
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
26% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 46
10% more capital invested
Capital invested by funds: $423M → $465M (+$41.4M)
4% more funds holding
Funds holding: 161 → 167 (+6)
3.67% more ownership
Funds ownership: 32.38% → 36.05% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$25.1M |
| 2 |
Two Sigma Investments
New York
|
+$4.27M |
| 3 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
+$4.14M |
| 4 |
Two Sigma Advisers
New York
|
+$3.63M |
| 5 |
VanEck Associates
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.65M |
| 2 |
C
Cliffwater
Marina Del Rey,
California
|
-$1.27M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.06M |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$1.02M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$860K |
NMFC Hedge Fund Activity: Q4 2023 in Review
167 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2023, worth a combined $465M — up 9.8% from $423M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NMFC positions and 16 closed out — a net gain of 8 holders — while 58 added to existing stakes and 46 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $25.1M. The largest seller was Millennium Management, cutting an estimated $4.65M.
- 167 institutional investors held New Mountain Finance (NMFC) as of Q4 2023, up from 161 in Q3 2023.
- Funds reported $465M of New Mountain Finance stock for Q4 2023, up 9.8% quarter-over-quarter.
- 24 funds opened new New Mountain Finance positions in Q4 2023 and 16 closed out, a net change of +8 holders.
- The largest New Mountain Finance buyer in Q4 2023 was Morgan Stanley, an estimated $25.1M added.
- The largest New Mountain Finance seller in Q4 2023 was Millennium Management, an estimated $4.65M sold.
Based on aggregated 13F filings for Q4 2023.