BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
11 hedge funds and large institutions have $1.64M invested in BlackRock Massachusetts Tax-Exempt Trust in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
22% more funds holding
Funds holding: 9 → 11 (+2)
7% less capital invested
Capital invested by funds: $1.77M → $1.64M (-$131K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$64.3K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$63.7K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$265 |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$126 |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$76 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$275K |
| 2 |
Morgan Stanley
New York
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Bank of America
Charlotte,
North Carolina
| $638K | – | – | – |
|
|
2
Morgan Stanley
New York
| $490K | -$54K | -4,283 | -10% |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $173K | +$265 | +21 | +0.2% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $145K | +$63.7K | +5,057 | +78% |
|
|
PAG
5
Private Advisor Group
Morristown,
New Jersey
| $64K | +$64.3K | +5,100 | New |
|
6
UBS Group
Zurich,
Switzerland
| $44K | – | – | – |
|
|
RIM
7
Rockbridge Investment Management
Syracuse,
New York
| $37K | +$36.9K | +2,925 | New |
|
|
WEC
8
Winslow Evans & Crocker
Boston,
Massachusetts
| $25K | – | – | – |
|
|
9
Osaic Holdings
Scottsdale,
Arizona
| $16K | +$76 | +6 | +0.5% |
|
10
Wells Fargo
San Francisco,
California
| $7K | – | – | – |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$275K | -22,453 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | +$126 | +10 | New |
|
MHE Hedge Fund Activity: Q2 2020 in Review
11 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q2 2020, worth a combined $1.64M — down 7.4% from $1.77M 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 1 trimmed.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $64.3K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $275K sold.
- 11 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q2 2020, up from 9 in Q1 2020.
- Funds reported $1.64M of BlackRock Massachusetts Tax-Exempt Trust stock for Q2 2020, down 7.4% quarter-over-quarter.
- 3 funds opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q2 2020 and 1 closed out, a net change of +2 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q2 2020 was Private Advisor Group, an estimated $64.3K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q2 2020 was Susquehanna International Group, an estimated $275K sold.
Based on aggregated 13F filings for Q2 2020.