BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
11 hedge funds and large institutions have $1.68M invested in BlackRock Massachusetts Tax-Exempt Trust in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 2 closing their positions.
1% more capital invested
Capital invested by funds: $1.66M → $1.68M (+$22K)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$148K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$41.8K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$14.9K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$181 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$120K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$90.4K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$53.2K |
| 4 |
Morgan Stanley
New York
|
-$50.1K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$38.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Bank of America
Charlotte,
North Carolina
| $478K | – | – | – |
|
|
SIA
2
Sit Investment Associates
Minneapolis,
Minnesota
| $318K | -$38.1K | -3,150 | -11% |
|
|
3
Morgan Stanley
New York
| $263K | -$50.1K | -4,143 | -16% |
|
|
WAM
4
Wolverine Asset Management
Chicago,
Illinois
| $170K | -$53.2K | -4,398 | -24% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $153K | +$148K | +12,228 | New |
|
|
6
Commonwealth Equity Services
Waltham,
Massachusetts
| $137K | +$181 | +15 | +0.1% |
|
|
TJHA
7
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $81K | +$41.8K | +3,457 | +116% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $38K | – | – | – |
|
|
9
UBS Group
Zurich,
Switzerland
| $19K | -$90.4K | -7,475 | -83% |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $15K | +$14.9K | +1,229 | New |
|
11
Wells Fargo
San Francisco,
California
| $7K | -$12 | -1 | -0.2% |
|
|
CRC
12
Curi RMB Capital
Chicago,
Illinois
| – | -$120K | -10,687 | Closed |
|
|
IIM
13
Ipswich Investment Management
Beverly,
Massachusetts
| – | -$11K | -1,000 | Closed |
|
MHE Hedge Fund Activity: Q1 2019 in Review
11 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q1 2019, worth a combined $1.68M — up 1.3% from $1.66M a quarter earlier.
Fund positioning in MHE was balanced in Q1 2019: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $148K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $120K sold.
- 11 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $1.68M of BlackRock Massachusetts Tax-Exempt Trust stock for Q1 2019, up 1.3% quarter-over-quarter.
- 2 funds opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q1 2019 and 2 closed out, a net change of 0 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q1 2019 was Susquehanna International Group, an estimated $148K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q1 2019 was Curi RMB Capital, an estimated $120K sold.
Based on aggregated 13F filings for Q1 2019.