Eaton Vance Massachusetts Municipal Income Trust
MMV was delisted on the 18th of January, 2019.
13 hedge funds and large institutions have $2.58M invested in Eaton Vance Massachusetts Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 0 closing their positions.
49% more capital invested
Capital invested by funds: $1.73M → $2.58M (+$850K)
30% more funds holding
Funds holding: 10 → 13 (+3)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$475K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$290K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$241K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$147K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$38.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$141K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$112K |
| 3 |
Morgan Stanley
New York
|
-$80.2K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.5K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.71K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
1
Rivernorth Capital Management
West Palm Beach,
Florida
| $647K | +$290K | +23,945 | +83% |
|
|
SCM
2
Saba Capital Management
New York
| $484K | +$475K | +39,252 | New |
|
|
MIG
3
Mariner Investment Group
Harrison,
New York
| $370K | +$241K | +19,958 | +199% |
|
|
4
Morgan Stanley
New York
| $272K | -$80.2K | -6,630 | -23% |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| $218K | +$147K | +12,193 | +223% |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $155K | -$3.71K | -307 | -2% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $145K | -$112K | -9,297 | -44% |
|
|
8
Wells Fargo
San Francisco,
California
| $125K | -$141K | -11,634 | -54% |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $94K | -$11.5K | -950 | -11% |
|
|
10
UBS Group
Zurich,
Switzerland
| $51K | +$38.7K | +3,201 | +343% |
|
|
FNC
11
First National Corp
Rockland,
Massachusetts
| $9K | +$9.13K | +755 | New |
|
|
FHA
12
Flagship Harbor Advisors
Boston,
Massachusetts
| $6K | -$2.42K | -200 | -29% |
|
|
LTFS
13
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | +$5.81K | +480 | New |
|
MMV Hedge Fund Activity: Q4 2018 in Review
13 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Massachusetts Municipal Income Trust (MMV) for Q4 2018, worth a combined $2.58M — up 49% from $1.73M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MMV positions and 0 closed out — a net gain of 3 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $475K. The largest seller was Wells Fargo, cutting an estimated $141K.
- 13 institutional investors held Eaton Vance Massachusetts Municipal Income Trust (MMV) as of Q4 2018, up from 10 in Q3 2018.
- Funds reported $2.58M of Eaton Vance Massachusetts Municipal Income Trust stock for Q4 2018, up 49% quarter-over-quarter.
- 3 funds opened new Eaton Vance Massachusetts Municipal Income Trust positions in Q4 2018 and 0 closed out, a net change of +3 holders.
- The largest Eaton Vance Massachusetts Municipal Income Trust buyer in Q4 2018 was Saba Capital Management, an estimated $475K added.
- The largest Eaton Vance Massachusetts Municipal Income Trust seller in Q4 2018 was Wells Fargo, an estimated $141K sold.
Based on aggregated 13F filings for Q4 2018.