Nuveen Massachusetts Quality Municipal Income Fund
NMT
25 hedge funds and large institutions have $10.2M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
9% more capital invested
Capital invested by funds: $9.35M → $10.2M (+$836K)
1.03% more ownership
Funds ownership: 7.06% → 8.09% (+1%)
4% less funds holding
Funds holding: 26 → 25 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$952K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$708K |
| 3 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$370K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$289K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$596K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$437K |
| 3 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
-$268K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$152K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$45.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFCP
26
Twin Focus Capital Partners
Boston,
Massachusetts
| – | -$268K | -18,820 | Closed |
|
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$152K | -10,707 | Closed |
|
28
JP Morgan Chase
New York
| – | -$3K | -231 | Closed |
|
NMT Hedge Fund Activity: Q1 2020 in Review
25 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q1 2020, worth a combined $10.2M — up 8.9% from $9.35M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NMT positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $952K. The largest seller was Susquehanna International Group, cutting an estimated $596K.
- 25 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q1 2020, down from 26 in Q4 2019.
- Funds reported $10.2M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q1 2020, up 8.9% quarter-over-quarter.
- 4 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q1 2020 and 3 closed out, a net change of +1 holder.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q1 2020 was Morgan Stanley, an estimated $952K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q1 2020 was Susquehanna International Group, an estimated $596K sold.
Based on aggregated 13F filings for Q1 2020.