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New Mountain Finance

169 hedge funds and large institutions have $392M invested in New Mountain Finance in 2024 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 55 increasing their positions, 51 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

390% more call options, than puts

Call options by funds: $686K | Put options by funds: $140K

12% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 25

8% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 51

0% more funds holding

Funds holding: 169169 (0)

1.02% less ownership

Funds ownership: 33.24%32.22% (-1%)

8% less capital invested

Capital invested by funds: $424M → $392M (-$32.4M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
169
Holders Change
Holders Change %
0%
% of All Funds
2.23%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
28
Increased
55
Reduced
51
Closed
25
Calls
$686K
Puts
$140K
Net Calls
+$546K
Net Calls Change
-$537K
Name Holding Trade Value Shares
Change
Change in
Stake
Cerity Partners
1
Cerity Partners
New York
$41.5M -$1.59M -137,715 -4%
Allspring Global Investments
2
Allspring Global Investments
North Carolina
$32.7M -$2.11M -182,865 -6%
HighTower Advisors
3
HighTower Advisors
Illinois
$29.9M -$8.37M -725,622 -21%
LSV Asset Management
4
LSV Asset Management
Illinois
$27.2M -$681K -59,072 -2%
VanEck Associates
5
VanEck Associates
New York
$26.4M +$1.08M +93,329 +4%
JP Morgan Chase
6
JP Morgan Chase
New York
$14M -$229K -19,890 -2%
Morgan Stanley
7
Morgan Stanley
New York
$12.5M -$4M -346,339 -24%
Invesco
8
Invesco
Georgia
$11.1M +$10.8M +937,331 +1,929%
Two Sigma Advisers
9
Two Sigma Advisers
New York
$10.8M -$772K -66,929 -7%
DCM
10
Dimension Capital Management
Florida
$10.1M -$1.96M -170,269 -16%
NPT
11
National Philanthropic Trust
Pennsylvania
$9.6M
Legal & General Group
12
Legal & General Group
United Kingdom
$8.04M -$574K -49,734 -7%
Two Sigma Investments
13
Two Sigma Investments
New York
$7.64M -$855K -74,078 -10%
PCM
14
Palisade Capital Management
New Jersey
$7.34M -$2.16M -187,288 -22%
UBS Group
15
UBS Group
Switzerland
$6.48M +$1.39M +120,273 +26%
AM
16
Ares Management
California
$6.38M +$859K +74,492 +15%
Millennium Management
17
Millennium Management
New York
$5.85M +$3.03M +262,631 +102%
Bank of America
18
Bank of America
North Carolina
$5.44M -$689K -59,745 -11%
CIM
19
Confluence Investment Management
Missouri
$4.84M +$17K +1,472 +0.3%
BlackRock
20
BlackRock
New York
$4.82M +$1M +87,094 +26%
Franklin Resources
21
Franklin Resources
California
$4.08M +$1.6M +138,860 +62%
Osaic Holdings
22
Osaic Holdings
Arizona
$3.85M -$30.8K -2,674 -0.8%
MC
23
Muzinich & Co
New York
$3.83M -$67.7K -5,870 -2%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$3.66M -$171K -14,791 -4%
RA
25
Rockingstone Advisors
Massachusetts
$3.18M +$1.44M +124,599 +79%

NMFC Hedge Fund Activity: Q4 2024 in Review

169 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2024, worth a combined $392M — down 7.6% from $424M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NMFC positions and 25 closed out — a net gain of 3 holders — while 55 added to existing stakes and 51 trimmed.

The largest buyer was Invesco, adding an estimated $10.8M. The largest seller was HighTower Advisors, cutting an estimated $8.37M.

  • 169 institutional investors held New Mountain Finance (NMFC) as of Q4 2024, unchanged from Q3 2024.
  • Funds reported $392M of New Mountain Finance stock for Q4 2024, down 7.6% quarter-over-quarter.
  • 28 funds opened new New Mountain Finance positions in Q4 2024 and 25 closed out, a net change of +3 holders.
  • The largest New Mountain Finance buyer in Q4 2024 was Invesco, an estimated $10.8M added.
  • The largest New Mountain Finance seller in Q4 2024 was HighTower Advisors, an estimated $8.37M sold.

Based on aggregated 13F filings for Q4 2024.