BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
9 hedge funds and large institutions have $998K invested in BlackRock Massachusetts Tax-Exempt Trust in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
25% less funds holding
Funds holding: 12 → 9 (-3)
58% less capital invested
Capital invested by funds: $2.39M → $998K (-$1.39M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$59.5K |
| 2 |
IIM
Ipswich Investment Management
Beverly,
Massachusetts
|
+$14K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.03K |
| 4 |
Morgan Stanley
New York
|
+$630 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.05M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$357K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$150K |
| 4 |
Citigroup
New York
|
-$13K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$6.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $302K | -$1.05M | -75,000 | -78% |
|
2
LPL Financial
San Diego,
California
| $210K | – | – | – |
|
|
3
Morgan Stanley
New York
| $195K | +$630 | +45 | +0.3% |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $173K | -$6.8K | -486 | -4% |
|
|
5
Wells Fargo
San Francisco,
California
| $61K | +$59.5K | +4,249 | +212,450% |
|
6
UBS Group
Zurich,
Switzerland
| $26K | – | – | – |
|
|
IIM
7
Ipswich Investment Management
Beverly,
Massachusetts
| $15K | +$14K | +1,000 | New |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | – | – | – |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $6K | +$6.03K | +431 | +7,183% |
|
|
CRC
10
Curi RMB Capital
Chicago,
Illinois
| – | -$357K | -26,693 | Closed |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| – | -$150K | -11,289 | Closed |
|
|
12
Citigroup
New York
| – | -$13K | -965 | Closed |
|
|
WEC
13
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$4.01K | -300 | Closed |
|
MHE Hedge Fund Activity: Q1 2016 in Review
9 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q1 2016, worth a combined $998K — down 58% from $2.39M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MHE and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Wells Fargo, adding an estimated $59.5K. The largest seller was Bank of America, cutting an estimated $1.05M.
- 9 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q1 2016, down from 12 in Q4 2015.
- Funds reported $998K of BlackRock Massachusetts Tax-Exempt Trust stock for Q1 2016, down 58% quarter-over-quarter.
- 1 fund opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q1 2016 and 4 closed out, a net change of -3 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q1 2016 was Wells Fargo, an estimated $59.5K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q1 2016 was Bank of America, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2016.