Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in NMFC held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Invesco Ltd. | 2.1M | $16.6M | +79.8% | 2.265% | 0.00% |
| 2 | UBS Group AG | 2.1M | $16.2M | +35.7% | 2.214% | 0.00% |
| 3 | National Philanthropic Trust | 853K | $10.8M | — | 0.903% | 0.02% |
| 4 | DIMENSION CAPITAL MANAGEMENT LLC | 1.2M | $9.0M | +0.6% | 1.225% | 1.26% |
| 5 | Russell Investments Group, Ltd. | 939K | $7.3M | +167.9% | 0.994% | 0.01% |
| 6 | Cerity Partners LLC | 873K | $6.8M | -16.3% | 0.924% | 0.01% |
| 7 | Corient Private Wealth LLC | 871K | $6.8M | +7.7% | 0.923% | 0.01% |
| 8 | Muzinich & Co., Inc. | 849K | $6.6M | -0.1% | 0.899% | 2.30% |
| 9 | TWO SIGMA INVESTMENTS, LP | 836K | $6.5M | +42.6% | 0.886% | 0.01% |
| 10 | Legal & General Group Plc | 785K | $6.1M | +5.8% | 0.832% | 0.00% |
| 11 | MORGAN STANLEY | 730K | $5.7M | -35.2% | 0.773% | 0.00% |
| 12 | Sumitomo Mitsui Trust Holdings, Inc. | 689K | $5.3M | -0.3% | 0.729% | 0.00% |
| 13 | Pathstone Holdings, LLC | 661K | $5.1M | +1.8% | 0.700% | 0.02% |
| 14 | ADVISOR GROUP HOLDINGS, INC. | 450K | $3.5M | +4.6% | 0.477% | 0.01% |
| 15 | HighTower Advisors, LLC | 424K | $3.3M | -18.2% | 0.449% | 0.00% |
| 16 | BlackRock, Inc. | 352K | $2.7M | -48.7% | 0.373% | 0.00% |
| 17 | D. E. Shaw & Co., Inc. | 348K | $2.7M | +193.1% | 0.368% | 0.00% |
| 18 | Universal- Beteiligungs- und Servicegesellschaft mbH | 344K | $2.7M | 0.0% | 0.364% | 0.00% |
| 19 | Focus Partners Wealth | 335K | $2.6M | +5.5% | 0.354% | 0.00% |
| 20 | Tranquility Partners, LLC | 317K | $2.5M | +18.2% | 0.335% | 0.93% |
| 21 | WELLS FARGO & COMPANY/MN | 315K | $2.4M | -12.1% | 0.333% | 0.00% |
| 22 | XTX Topco Ltd | 293K | $2.3M | +56.0% | 0.310% | 0.04% |
| 23 | AMERIPRISE FINANCIAL INC | 291K | $2.3M | -0.3% | 0.309% | 0.00% |
| 24 | CONFLUENCE INVESTMENT MANAGEMENT LLC | 278K | $2.2M | -5.8% | 0.294% | 0.03% |
| 25 | TRANSCEND WEALTH COLLECTIVE, LLC | 271K | $2.1M | -35.5% | 0.287% | 0.17% |
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.
Filings activity in NMFC during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 149 | 10% | 23.07% | 13.24 pp | $173M | 36% |
| Q4 2025 | 166 | +7.8% | 36.31% | +2.62 pp | $273M | +7.8% |
| Q3 2025 | 154 | 4.3% | 33.69% | 4.79 pp | $253M | 12% |
| Q2 2025 | 161 | +1.3% | 38.48% | +0.93 pp | $289M | +2.5% |
| Q1 2025 | 159 | 4.2% | 37.55% | 10.71 pp | $282M | 22% |
| Q4 2024 | 166 | +1.2% | 48.26% | +2.85 pp | $362M | +6.3% |
| Q3 2024 | 164 | +3.8% | 45.41% | 122.21 pp | $341M | 73% |
| Q2 2024 | 158 | — | 167.62% | — | $1.26B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying NMFC stock.
Based on Q1 2026 13F filings, institutional ownership of New Mountain Finance Corporation stands at 23.1%, held across 149 reporting institutions.
Invesco Ltd. is the largest reported institutional holder of NMFC, with approximately 2,139,677 shares worth $0.02B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of NMFC, including TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for NMFC is 31 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
24 institutions opened new positions in NMFC during Q1 2026, while 41 fully exited. 17 added to existing positions and 106 trimmed.
NMFC institutional ownership fell by 13.24 percentage points quarter-over-quarter, with a net change of -17 holders.
The top 10 institutions account for 53.5% of all reported 13F value in NMFC, and the top 25 account for 80.8%.
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