New Mountain Finance

NMFC and NMFCZ • NASDAQ

New Mountain Finance is a asset management company in the financial services sector on NASDAQ, led by John R. Kline, with a market cap of $1.0B. As of Q3 2025, 27% of shares are held by 154 institutional investors, with LSV ASSET MANAGEMENT as the largest holder at 2.48%.

Chief Executive OfficerJohn R. Kline

Market Cap$1.0B

Asset Management

Financial Services

Websitenewmountainfinance.com

Country

United States of America

Overview

Overview of institutional ownership in NMFC and NMFCZ as of Q3 2025 with a market cap of $1.0B

All Institutions

Institutions: 154
Value Held: $275.6M
Shares Held: 28.5M
Avg Position: $1.8M
Median Position: $327.7K

Hedge Funds

Hedge Funds: 10
Value Held: $13.1M
Shares Held: 1.4M
Avg Position: $1.3M
Median Position: $383.1K

Ownership Breakdown

Institutional (non-HF)

25.6%

$262.5M

Hedge Funds

1.28%

$13.1M

Retail & Other

73.12%

$749.7M

Based on market cap of $1.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NMFC and NMFCZ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$25.4M 0.06% of portfolio	2.48% 2.6M shares	Q1 2016 Held for 9y 8m	$45.1B
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$25.0M 0.03% of portfolio	2.43% 2.6M shares	≤ Q2 2013 Held for 12y 5m+	$96.6B
HPM Partners LLC RIA/Wealth	Kurt Patrick Miscinski President	$20.0M 0.03% of portfolio	1.95% 2.1M shares	Q4 2021 Held for 3y 11m	$61.7B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$15.4M 0.00% of portfolio	1.50% 1.6M shares	Q4 2015 Held for 9y 11m	$1.56T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$11.8M 0.00% of portfolio	1.15% 1.2M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B
UBS Group AG Institution	Sergio P. Ermotti CEO	$11.1M 0.00% of portfolio	1.09% 1.2M shares	Q4 2014 Held for 10y 11m	$511.54B
DIMENSION CAPITAL MANAGEMENT PARTNERS Fund of Funds	Miguel Fernando Duenas President	$10.9M 1.59% of portfolio	1.06% 1.1M shares	Q1 2018 Held for 7y 8m	$685.4M
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$8.0M 0.00% of portfolio	0.78% 827.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
T TRANSCEND WEALTH COLLECTIVE, LLC RIA/Wealth	Brian James Gorczynski CEO	$6.9M 0.49% of portfolio	0.67% 715.8K shares	Q1 2025 Held for 8 months	$1.4B
B BlackRock, Inc. Institution	-	$6.7M 0.00% of portfolio	0.65% 694.9K shares	Q1 2017 Held for 8y 8m	$5.67T

Net Capital Flow

Institutional buying and selling activity for NMFC and NMFCZ in Q3 2025

Traded: −$17.5M
Buyers: 67
Sellers: 73
Total Bought: +$25.5M
Total Sold: −$43.0M
Avg Position: $1.5M

Biggest Buyers

Institution	Net Bought	Current Position
BANK OF AMERICA CORP /DE/ Institution	+$4.4M +459.0K shares	$5.9M 616.7K shares
JPMORGAN CHASE & CO Institution	+$3.5M +363.4K shares	$15.4M 1.6M shares
WELLS FARGO & COMPANY/MN Institution	+$1.9M +192.1K shares	$4.1M 428.9K shares
Invesco Ltd. ETF Provider	+$1.8M +190.2K shares	$11.8M 1.2M shares
DIMENSION CAPITAL MANAGEMENT PARTNERS Fund of Funds	+$1.8M +182.4K shares	$10.9M 1.1M shares
VAN ECK ASSOCIATES CORP ETF Provider	+$1.1M +115.0K shares	$25.0M 2.6M shares
S Sumitomo Mitsui Trust Holdings, Inc. Institution	+$1.1M +114.8K shares	$5.8M 606.3K shares
Muzinich & Co., Inc. Long Only Manager	+$921.4K +95.6K shares	$6.5M 671.1K shares
B BlackRock, Inc. Institution	+$868.6K +90.1K shares	$6.7M 694.9K shares
Tranquility Partners, LLC RIA/Wealth	+$815.4K +84.6K shares	$3.1M 316.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
HPM Partners LLC RIA/Wealth	−$6.7M −697.0K shares	$20.0M 2.1M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$4.3M −449.5K shares	$5.8M 604.6K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$4.2M −402.6K shares	Sold Off 0 shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$2.9M −302.9K shares	$4.3M 445.1K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$2.6M −274.8K shares	$686.1K 71.2K shares
Trexquant Investment LP Hedge Fund•Quant	−$2.1M −215.6K shares	$845.4K 87.7K shares
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC RIA/Wealth	−$1.9M −182.5K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$1.8M −186.0K shares	$311.1K 32.3K shares
FRANKLIN RESOURCES INC Institution	−$1.8M −184.5K shares	$4.4M 458.9K shares
Midwest Professional Planners, LTD. RIA/Wealth	−$1.6M −150.1K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited NMFC and NMFCZ in Q3 2025

New Positions: 6
New Value: $632.1K
Exited Positions: 26
Exited Value: $13.7M

New Positions

Institution	Position Value
LexAurum Advisors, LLC RIA/Wealth	$274.7K 28.5K shares
Arkadios Wealth Advisors RIA/Wealth	$154.2K 16.0K shares
CenterStar Asset Management, LLC Hedge Fund•Multi-Strategy	$146.3K 15.2K shares
S State of Alaska, Department of Revenue Institution	$47.2K 4.9K shares
PRINCIPAL SECURITIES, INC. RIA/Wealth	$9.7K 1.0K shares
Activest Wealth Management RIA/Wealth	- - shares

Exited Positions

Institution	Previous Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$4.2M 402.6K shares
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC RIA/Wealth	$1.9M 182.5K shares
Midwest Professional Planners, LTD. RIA/Wealth	$1.6M 150.1K shares
Merit Financial Group, LLC RIA/Wealth	$1.5M 143.5K shares
H HRT FINANCIAL LLC Institution	$868.6K 82.3K shares
Q Qube Research & Technologies Ltd Institution	$507.0K 48.1K shares
C Cubist Systematic Strategies, LLC Institution	$386.6K 36.6K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$378.5K 35.9K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$349.2K 33.1K shares
GOLDMAN SACHS GROUP INC Institution	$299.9K 28.4K shares

Options Activity

Institutions with the largest Call and Put options positions in NMFC and NMFCZ as of Q3 2025

Call Positions: 2
Call Value: $247.3K
Put Positions: 1
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$246.8K 256.0 contracts
Creative Planning RIA/Wealth	$500.0 20.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with NMFC and NMFCZ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Muzinich & Co., Inc. Long Only Manager	Justin George Muzinich CEO	2.51% $6.5M	0.63% 671.1K shares	Q4 2014 Held for 10y 11m	$258.0M
DIMENSION CAPITAL MANAGEMENT PARTNERS Fund of Funds	Miguel Fernando Duenas President	1.59% $10.9M	1.06% 1.1M shares	Q1 2018 Held for 7y 8m	$685.4M
G GraniteShares Advisors LLC Institution	William John Grant Rhind CEO	1.52% $2.6M	0.26% 272.0K shares	Q4 2021 Held for 3y 11m	$172.8M
Tranquility Partners, LLC RIA/Wealth	James Golladay Baker CEO	1.03% $3.1M	0.30% 316.7K shares	Q1 2021 Held for 4y 8m	$296.2M
Rockingstone Advisors LLC RIA/Wealth	Eric Richard Katzman CIO	0.89% $1.8M	0.18% 186.9K shares	Q4 2022 Held for 2y 11m	$202.7M
A Arlington Capital Management, Inc. Institution	-	0.79% $1.2M	0.12% 127.5K shares	Q2 2025 Held for 5 months	$155.3M
T TRANSCEND WEALTH COLLECTIVE, LLC RIA/Wealth	Brian James Gorczynski CEO	0.49% $6.9M	0.67% 715.8K shares	Q1 2025 Held for 8 months	$1.4B
Everstar Asset Management, LLC Hedge Fund•Multi-Strategy	Lee Christopher Larson CEO	0.45% $793.5K	0.08% 82.3K shares	Q3 2024 Held for 1y 2m	$176.3M
WEALTHEDGE INVESTMENT ADVISORS, LLC RIA/Wealth	Enri Dama CIO	0.35% $927.5K	0.09% 96.2K shares	Q4 2024 Held for 11 months	$262.4M
CenterStar Asset Management, LLC Hedge Fund•Multi-Strategy	Michelin Aldridge Sloneker COO	0.28% $146.3K	0.01% 15.2K shares	Q3 2025 Held for 2 months	$52.6M

Hedge Fund Spotlight

Discover hedge funds investing in NMFC and NMFCZ

Everstar Asset Management, LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerLee Christopher Larson

Portfolio Value: $176.3M
Positions: 189
Last Reported: Q3 2025

Sector Allocation

Position in New Mountain Finance

NMFC and NMFCZ

Market Value: $3.2M
Shares Held: 296.2K
Portfolio Weight: 1.93%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR Bloomberg 1-3 Month T-Bill ETF BIL	ETF ETF	$9.9M	5.59%
2 iShares 1-3 Year Treasury Bond SHY	ETF ETF	$8.7M	4.96%
3 iShares 3-7 Year Treasury Bond IEI	ETF ETF	$7.9M	4.49%