Nuveen Massachusetts Quality Municipal Income Fund
NMT
26 hedge funds and large institutions have $9.09M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 3 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 25 → 26 (+1)
0.99% less ownership
Funds ownership: 8.09% → 7.1% (-0.99%)
11% less capital invested
Capital invested by funds: $10.2M → $9.09M (-$1.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$203K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$156K |
| 3 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
+$138K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$124K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$52.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$915K |
| 2 |
Morgan Stanley
New York
|
-$445K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$332K |
| 4 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$271K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$84K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
26
Flagship Harbor Advisors
Boston,
Massachusetts
| $4K | +$26 | +2 | +0.6% |
|
|
27
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$915K | -67,813 | Closed |
|
|
SMH
28
Sanders Morris Harris
Houston,
Texas
| – | -$271K | -19,000 | Closed |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$15K | -1,209 | Closed |
|
NMT Hedge Fund Activity: Q2 2020 in Review
26 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q2 2020, worth a combined $9.09M — down 11% from $10.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NMT positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Bank of America, adding an estimated $203K. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $915K sold.
- 26 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q2 2020, up from 25 in Q1 2020.
- Funds reported $9.09M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q2 2020, down 11% quarter-over-quarter.
- 4 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q2 2020 and 3 closed out, a net change of +1 holder.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q2 2020 was Bank of America, an estimated $203K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q2 2020 was Fiera Capital (Canada), an estimated $915K sold.
Based on aggregated 13F filings for Q2 2020.