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New Mountain Finance

164 hedge funds and large institutions have $440M invested in New Mountain Finance in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 68 increasing their positions, 34 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,166% more call options, than puts

Call options by funds: $1.2M | Put options by funds: $95K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 34

0.32% less ownership

Funds ownership: 34.22%33.9% (-0.32%)

1% less capital invested

Capital invested by funds: $447M → $440M (-$6.69M)

7% less funds holding

Funds holding: 176164 (-12)

41% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 27

Holders
164
Holders Change
-12
Holders Change %
-6.82%
% of All Funds
2.37%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
16
Increased
68
Reduced
34
Closed
27
Calls
$1.2M
Puts
$95K
Net Calls
+$1.11M
Net Calls Change
+$304K
Name Holding Trade Value Shares
Change
Change in
Stake
Cerity Partners
1
Cerity Partners
New York
$45.6M +$1.54M +122,678 +3%
HighTower Advisors
2
HighTower Advisors
Illinois
$38.4M +$1.13M +89,922 +3%
Allspring Global Investments
3
Allspring Global Investments
North Carolina
$37.5M -$248K -19,781 -0.6%
LSV Asset Management
4
LSV Asset Management
Illinois
$31.2M +$217K +17,300 +0.7%
VanEck Associates
5
VanEck Associates
New York
$25.5M +$4.63M +369,695 +22%
Morgan Stanley
6
Morgan Stanley
New York
$24M -$1.94M -155,040 -7%
JP Morgan Chase
7
JP Morgan Chase
New York
$15.2M +$272K +21,709 +2%
DCM
8
Dimension Capital Management
Florida
$13.2M -$1.1M -87,699 -8%
Two Sigma Advisers
9
Two Sigma Advisers
New York
$13M +$328K +26,200 +3%
Two Sigma Investments
10
Two Sigma Investments
New York
$10.7M -$3.88M -309,839 -26%
NPT
11
National Philanthropic Trust
Pennsylvania
$10.4M
PCM
12
Palisade Capital Management
New Jersey
$10.3M -$277K -22,105 -3%
Legal & General Group
13
Legal & General Group
United Kingdom
$10.2M +$189K +15,044 +2%
UBS Group
14
UBS Group
Switzerland
$6.51M +$1.95M +155,793 +41%
BGIM
15
Brandywine Global Investment Management
Pennsylvania
$6.35M -$528K -42,155 -8%
Bank of America
16
Bank of America
North Carolina
$6.26M +$579K +46,165 +10%
Millennium Management
17
Millennium Management
New York
$5.59M +$293K +23,406 +5%
C
18
Cliffwater
California
$5.32M +$120K +9,606 +2%
CIM
19
Confluence Investment Management
Missouri
$5.18M +$116K +9,296 +2%
BlackRock
20
BlackRock
New York
$5.02M +$64.5K +5,149 +1%
TP
21
Tranquility Partners
Tennessee
$4.76M +$1.32M +105,433 +37%
CCM
22
Condor Capital Management
New Jersey
$4.26M +$962K +76,739 +28%
Osaic Holdings
23
Osaic Holdings
Arizona
$3.98M -$603K -48,110 -13%
MC
24
Muzinich & Co
New York
$3.98M +$582K +46,434 +17%
LC
25
Lindbrook Capital
California
$3.95M -$806K -64,344 -17%

NMFC Hedge Fund Activity: Q2 2024 in Review

164 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q2 2024, worth a combined $440M — down 1.5% from $447M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of NMFC and 16 opened new positions — a net loss of 11 holders — while 34 trimmed existing stakes and 68 added.

The largest buyer was VanEck Associates, adding an estimated $4.63M. The largest seller was Two Sigma Investments, cutting an estimated $3.88M.

  • 164 institutional investors held New Mountain Finance (NMFC) as of Q2 2024, down from 176 in Q1 2024.
  • Funds reported $440M of New Mountain Finance stock for Q2 2024, down 1.5% quarter-over-quarter.
  • 16 funds opened new New Mountain Finance positions in Q2 2024 and 27 closed out, a net change of -11 holders.
  • The largest New Mountain Finance buyer in Q2 2024 was VanEck Associates, an estimated $4.63M added.
  • The largest New Mountain Finance seller in Q2 2024 was Two Sigma Investments, an estimated $3.88M sold.

Based on aggregated 13F filings for Q2 2024.