BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
7 hedge funds and large institutions have $1.19M invested in BlackRock Massachusetts Tax-Exempt Trust in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
29% less capital invested
Capital invested by funds: $1.68M → $1.19M (-$492K)
36% less funds holding
Funds holding: 11 → 7 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$38.4K |
| 2 |
Morgan Stanley
New York
|
+$38.1K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$89 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$318K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$170K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$81K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$38K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Bank of America
Charlotte,
North Carolina
| $503K | – | – | – |
|
|
2
Morgan Stanley
New York
| $316K | +$38.1K | +3,000 | +14% |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $184K | +$38.4K | +3,021 | +28% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $141K | -$19.8K | -1,559 | -13% |
|
5
UBS Group
Zurich,
Switzerland
| $20K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $16K | +$89 | +7 | +0.6% |
|
7
Wells Fargo
San Francisco,
California
| $7K | – | – | – |
|
|
SIA
8
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$318K | -25,460 | Closed |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| – | -$170K | -13,635 | Closed |
|
|
TJHA
10
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$81K | -6,444 | Closed |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$38K | -3,000 | Closed |
|
MHE Hedge Fund Activity: Q2 2019 in Review
7 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q2 2019, worth a combined $1.19M — down 29% from $1.68M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MHE and 0 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $38.4K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $318K sold.
- 7 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q2 2019, down from 11 in Q1 2019.
- Funds reported $1.19M of BlackRock Massachusetts Tax-Exempt Trust stock for Q2 2019, down 29% quarter-over-quarter.
- 0 funds opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q2 2019 and 4 closed out, a net change of -4 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q2 2019 was Commonwealth Equity Services, an estimated $38.4K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q2 2019 was Sit Investment Associates, an estimated $318K sold.
Based on aggregated 13F filings for Q2 2019.