BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
11 hedge funds and large institutions have $1.8M invested in BlackRock Massachusetts Tax-Exempt Trust in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 1 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
10% more capital invested
Capital invested by funds: $1.64M → $1.8M (+$165K)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$170K |
| 2 |
Morgan Stanley
New York
|
+$52K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.2K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$80 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$67.2K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$64K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$7.71K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$13 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $678K | +$10.6K | +800 | +2% |
|
|
2
Morgan Stanley
New York
| $564K | +$52K | +3,912 | +10% |
|
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $174K | -$7.71K | -580 | -4% |
|
|
RT
4
Rockland Trust
Hanover,
Massachusetts
| $168K | +$170K | +12,784 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $85K | -$67.2K | -5,057 | -44% |
|
6
UBS Group
Zurich,
Switzerland
| $46K | – | – | – |
|
|
RIM
7
Rockbridge Investment Management
Syracuse,
New York
| $38K | – | – | – |
|
|
WEC
8
Winslow Evans & Crocker
Boston,
Massachusetts
| $26K | – | – | – |
|
|
9
Osaic Holdings
Scottsdale,
Arizona
| $17K | +$80 | +6 | +0.5% |
|
|
10
Wells Fargo
San Francisco,
California
| $7K | -$13 | -1 | -0.2% |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $1K | +$1.2K | +90 | +900% |
|
|
PAG
12
Private Advisor Group
Morristown,
New Jersey
| – | -$64K | -5,100 | Closed |
|
MHE Hedge Fund Activity: Q3 2020 in Review
11 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q3 2020, worth a combined $1.8M — up 10% from $1.64M a quarter earlier.
Fund positioning in MHE was balanced in Q3 2020: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 3 trimmed.
The largest buyer was Rockland Trust, opening a new position worth an estimated $170K. The largest seller was Royal Bank of Canada, cutting an estimated $67.2K.
- 11 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $1.8M of BlackRock Massachusetts Tax-Exempt Trust stock for Q3 2020, up 10% quarter-over-quarter.
- 1 fund opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q3 2020 and 1 closed out, a net change of 0 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q3 2020 was Rockland Trust, an estimated $170K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q3 2020 was Royal Bank of Canada, an estimated $67.2K sold.
Based on aggregated 13F filings for Q3 2020.