New Mountain Finance
NMFC
170 hedge funds and large institutions have $342M invested in New Mountain Finance in 2025 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 41 increasing their positions, 52 reducing their positions, and 29 closing their positions.
6,457% more call options, than puts
Call options by funds: $459K | Put options by funds: $7K
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
8% more funds holding
Funds holding: 158 → 170 (+12)
4.99% more ownership
Funds ownership: 27.69% → 32.68% (+5%)
5% more capital invested
Capital invested by funds: $326M → $342M (+$16.2M)
21% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$12.6M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
+$7.63M |
| 3 |
THC
Truffle Hound Capital
Bethesda,
Maryland
|
+$5.19M |
| 4 |
JP Morgan Chase
New York
|
+$4.18M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$9.71M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.72M |
| 3 |
Two Sigma Advisers
New York
|
-$3.11M |
| 4 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$2.79M |
| 5 |
VanEck Associates
New York
|
-$2.36M |
NMFC Hedge Fund Activity: Q4 2025 in Review
170 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in New Mountain Finance (NMFC) for Q4 2025, worth a combined $342M — up 5% from $326M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new NMFC positions and 29 closed out — a net gain of 15 holders — while 41 added to existing stakes and 52 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $12.6M. The largest seller was Cerity Partners, cutting an estimated $9.71M.
- 170 institutional investors held New Mountain Finance (NMFC) as of Q4 2025, up from 158 in Q3 2025.
- Funds reported $342M of New Mountain Finance stock for Q4 2025, up 5% quarter-over-quarter.
- 44 funds opened new New Mountain Finance positions in Q4 2025 and 29 closed out, a net change of +15 holders.
- The largest New Mountain Finance buyer in Q4 2025 was Rivernorth Capital Management, an estimated $12.6M added.
- The largest New Mountain Finance seller in Q4 2025 was Cerity Partners, an estimated $9.71M sold.
Based on aggregated 13F filings for Q4 2025.