BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
7 hedge funds and large institutions have $459K invested in BlackRock Massachusetts Tax-Exempt Trust in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
19% less capital invested
Capital invested by funds: $566K → $459K (-$107K)
22% less funds holding
Funds holding: 9 → 7 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$25.4K |
| 2 |
Citigroup
New York
|
+$11.1K |
| 3 |
Morgan Stanley
New York
|
+$605 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$142K |
| 2 |
Barclays
London,
United Kingdom
|
-$28K |
| 3 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$2.47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $249K | +$25.4K | +2,055 | +12% |
|
|
2
Morgan Stanley
New York
| $146K | +$605 | +49 | +0.4% |
|
|
U
3
UBS
Zurich,
Switzerland
| $23K | – | – | – |
|
|
4
Citigroup
New York
| $23K | +$11.1K | +895 | +99% |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | – | – | – |
|
|
WEC
6
Winslow Evans & Crocker
Boston,
Massachusetts
| $8.77K | -$2.47K | -200 | -22% |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| – | -$142K | -12,067 | Closed |
|
|
8
Barclays
London,
United Kingdom
| – | -$28K | -2,500 | Closed |
|
MHE Hedge Fund Activity: Q1 2014 in Review
7 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q1 2014, worth a combined $459K — down 19% from $566K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MHE and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Bank of America, adding an estimated $25.4K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $142K sold.
- 7 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q1 2014, down from 9 in Q4 2013.
- Funds reported $459K of BlackRock Massachusetts Tax-Exempt Trust stock for Q1 2014, down 19% quarter-over-quarter.
- 0 funds opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q1 2014 and 2 closed out, a net change of -2 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q1 2014 was Bank of America, an estimated $25.4K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q1 2014 was Wolverine Asset Management, an estimated $142K sold.
Based on aggregated 13F filings for Q1 2014.