| 4 |
| Russell Investments Group, Ltd. |
| 1.4M |
| $9.9M |
| +47.3% |
| 1.464% |
| 0.01% |
| 5 | DIMENSION CAPITAL MANAGEMENT LLC | 1.2M | $8.8M | +5.8% | 1.295% | 1.03% |
| 6 | Corient Private Wealth LP | 1.1M | $8.1M | +29.2% | 1.192% | 0.00% |
| 7 | Cerity Partners LLC | 857K | $6.1M | -1.8% | 0.907% | 0.01% |
| 8 | National Philanthropic Trust | 853K | $6.1M | 0.0% | 0.903% | 0.09% |
| 9 | Muzinich & Co., Inc. | 850K | $6.1M | +0.1% | 0.900% | 2.08% |
| 10 | Pathstone Holdings, LLC | 825K | $5.9M | +24.7% | 0.873% | 0.02% |
| 11 | Union Bancaire Privee, UBP SA | 5K | $5.9M | 0.0% | 0.006% | 0.06% |
| 12 | Legal & General Group Plc | 806K | $5.8M | +2.7% | 0.854% | 0.00% |
| 13 | MORGAN STANLEY | 784K | $5.6M | +7.3% | 0.830% | 0.00% |
| 14 | TWO SIGMA INVESTMENTS, LP | 707K | $5.1M | -15.4% | 0.749% | 0.00% |
| 15 | Sumitomo Mitsui Trust Group, Inc. | 689K | $4.9M | 0.0% | 0.729% | 0.00% |
| 16 | OSAIC HOLDINGS, INC. | 492K | $3.5M | +9.3% | 0.521% | 0.00% |
| 17 | HighTower Advisors, LLC | 424K | $3.0M | +0.0% | 0.449% | 0.00% |
| 18 | Focus Partners Wealth | 418K | $3.0M | +24.7% | 0.442% | 0.00% |
| 19 | BlackRock, Inc. | 347K | $2.5M | -1.5% | 0.367% | 0.00% |
| 20 | Universal- Beteiligungs- und Servicegesellschaft mbH | 344K | $2.5M | 0.0% | 0.364% | 0.00% |
| 21 | GraniteShares Advisors LLC | 303K | $2.2M | +15.1% | 0.321% | 1.40% |
| 22 | Tranquility Partners, LLC | 284K | $2.0M | -10.3% | 0.301% | 0.70% |
| 23 | CONFLUENCE INVESTMENT MANAGEMENT LLC | 278K | $2.0M | +0.0% | 0.294% | 0.03% |
| 24 | TRANSCEND CAPITAL ADVISORS, LLC | 267K | $1.9M | -1.7% | 0.282% | 0.13% |
| 25 | WELLS FARGO & COMPANY/MN | 247K | $1.8M | -21.4% | 0.262% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in NMFC — a direct measure of their conviction.
Institutions that fully closed their NMFC position in Q2 2026
| 29.16% |
| 1.89 pp |
| $282M |
| 22% |
| Q4 2024 | 166 | +1.2% | 31.05% | 0.88 pp | $362M | +6.3% |
| Q3 2024 | 164 | — | 31.93% | — | $341M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
14 institutions opened new positions in NMFC during Q2 2026, while 25 fully exited. 31 added to existing positions and 94 trimmed.
NMFC institutional ownership rose by 0.59 percentage points quarter-over-quarter, with a net change of -11 holders.
The top 10 institutions account for 53.4% of all reported 13F value in NMFC, and the top 25 account for 82.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
New Mountain Finance Corporation (NMFC) Institutional Ownership