BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
7 hedge funds and large institutions have $846K invested in BlackRock Massachusetts Tax-Exempt Trust in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
15% less capital invested
Capital invested by funds: $998K → $846K (-$152K)
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 |
Morgan Stanley
New York
|
+$616 |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$308 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$210K |
| 2 |
IIM
Ipswich Investment Management
Beverly,
Massachusetts
|
-$15K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Bank of America
Charlotte,
North Carolina
| $331K | – | – | – |
|
|
2
Morgan Stanley
New York
| $214K | +$616 | +42 | +0.3% |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $190K | +$308 | +21 | +0.2% |
|
|
4
Wells Fargo
San Francisco,
California
| $65K | -$1.47K | -100 | -2% |
|
5
UBS Group
Zurich,
Switzerland
| $28K | – | – | – |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $11K | – | – | – |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $7K | – | – | – |
|
|
8
LPL Financial
San Diego,
California
| – | -$210K | -14,710 | Closed |
|
|
IIM
9
Ipswich Investment Management
Beverly,
Massachusetts
| – | -$15K | -1,000 | Closed |
|
MHE Hedge Fund Activity: Q2 2016 in Review
7 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q2 2016, worth a combined $846K — down 15% from $998K 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 2 added.
The largest buyer was Morgan Stanley, adding an estimated $616. The largest seller was LPL Financial, exiting entirely with an estimated $210K sold.
- 7 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q2 2016, down from 9 in Q1 2016.
- Funds reported $846K of BlackRock Massachusetts Tax-Exempt Trust stock for Q2 2016, down 15% quarter-over-quarter.
- 0 funds opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q2 2016 and 2 closed out, a net change of -2 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q2 2016 was Morgan Stanley, an estimated $616 added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q2 2016 was LPL Financial, an estimated $210K sold.
Based on aggregated 13F filings for Q2 2016.