BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
11 hedge funds and large institutions have $1.66M invested in BlackRock Massachusetts Tax-Exempt Trust in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
22% more capital invested
Capital invested by funds: $1.35M → $1.66M (+$303K)
22% more funds holding
Funds holding: 9 → 11 (+2)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$332K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$189K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$56.5K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$34.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$25.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$158K |
| 2 |
Morgan Stanley
New York
|
-$9.37K |
| 3 |
TCCM
Timber Creek Capital Management
Boston,
Massachusetts
|
-$9K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.13K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $428K | +$56.5K | +4,873 | +15% |
|
|
SIA
2
Sit Investment Associates
Minneapolis,
Minnesota
| $320K | +$332K | +28,610 | New |
|
|
3
Morgan Stanley
New York
| $282K | -$9.37K | -808 | -3% |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $201K | +$189K | +16,265 | +920% |
|
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $122K | -$3.13K | -270 | -2% |
|
|
CRC
6
Curi RMB Capital
Chicago,
Illinois
| $120K | -$158K | -13,623 | -56% |
|
|
7
UBS Group
Zurich,
Switzerland
| $100K | +$25.5K | +2,200 | +32% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $34K | – | – | – |
|
|
TJHA
9
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $33K | +$34.6K | +2,987 | New |
|
|
IIM
10
Ipswich Investment Management
Beverly,
Massachusetts
| $11K | +$11.6K | +1,000 | New |
|
11
Wells Fargo
San Francisco,
California
| $6K | – | – | – |
|
|
TCCM
12
Timber Creek Capital Management
Boston,
Massachusetts
| – | -$9K | -750 | Closed |
|
MHE Hedge Fund Activity: Q4 2018 in Review
11 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q4 2018, worth a combined $1.66M — up 22% from $1.35M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MHE positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $332K. The largest seller was Curi RMB Capital, cutting an estimated $158K.
- 11 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q4 2018, up from 9 in Q3 2018.
- Funds reported $1.66M of BlackRock Massachusetts Tax-Exempt Trust stock for Q4 2018, up 22% quarter-over-quarter.
- 3 funds opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q4 2018 and 1 closed out, a net change of +2 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q4 2018 was Sit Investment Associates, an estimated $332K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q4 2018 was Curi RMB Capital, an estimated $158K sold.
Based on aggregated 13F filings for Q4 2018.