BlackRock Massachusetts Tax-Exempt Trust
MHE was delisted on the 16th of April, 2021.
10 hedge funds and large institutions have $1.82M invested in BlackRock Massachusetts Tax-Exempt Trust in 2021 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
17% less funds holding
Funds holding: 12 → 10 (-2)
20% less capital invested
Capital invested by funds: $2.27M → $1.82M (-$454K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$46.8K |
| 2 |
Morgan Stanley
New York
|
+$27.7K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$13.9K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$10.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$323K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$180K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.5K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$14 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $647K | +$10.3K | +743 | +2% |
|
|
2
Morgan Stanley
New York
| $637K | +$27.7K | +2,003 | +4% |
|
|
RT
3
Rockland Trust
Hanover,
Massachusetts
| $170K | – | – | – |
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $151K | +$180 | +13 | +0.1% |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| $56K | +$46.8K | +3,390 | +397% |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $53K | -$34.5K | -2,500 | -38% |
|
|
RIM
7
Rockbridge Investment Management
Syracuse,
New York
| $39K | – | – | – |
|
|
8
Osaic Holdings
Scottsdale,
Arizona
| $30K | +$13.9K | +1,004 | +79% |
|
|
9
UBS Group
Zurich,
Switzerland
| $22K | +$2.57K | +186 | +12% |
|
|
10
Wells Fargo
San Francisco,
California
| $14K | -$14 | -1 | -0.1% |
|
|
KAS
11
Kestra Advisory Services
Austin,
Texas
| – | -$323K | -24,294 | Closed |
|
|
12
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$180K | -13,400 | Closed |
|
MHE Hedge Fund Activity: Q1 2021 in Review
10 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackRock Massachusetts Tax-Exempt Trust (MHE) for Q1 2021, worth a combined $1.82M — down 20% from $2.27M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of MHE and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 6 added.
The largest buyer was Wolverine Asset Management, adding an estimated $46.8K. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $323K sold.
- 10 institutional investors held BlackRock Massachusetts Tax-Exempt Trust (MHE) as of Q1 2021, down from 12 in Q4 2020.
- Funds reported $1.82M of BlackRock Massachusetts Tax-Exempt Trust stock for Q1 2021, down 20% quarter-over-quarter.
- 0 funds opened new BlackRock Massachusetts Tax-Exempt Trust positions in Q1 2021 and 2 closed out, a net change of -2 holders.
- The largest BlackRock Massachusetts Tax-Exempt Trust buyer in Q1 2021 was Wolverine Asset Management, an estimated $46.8K added.
- The largest BlackRock Massachusetts Tax-Exempt Trust seller in Q1 2021 was Kestra Advisory Services, an estimated $323K sold.
Based on aggregated 13F filings for Q1 2021.