Nuveen Massachusetts Quality Municipal Income Fund
NMT
24 hedge funds and large institutions have $10.5M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2020 Q4 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
13% more capital invested
Capital invested by funds: $9.29M → $10.5M (+$1.24M)
4% more funds holding
Funds holding: 23 → 24 (+1)
0.65% more ownership
Funds ownership: 7.1% → 7.75% (+0.65%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$458K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$235K |
| 3 |
AWS
AJ Wealth Strategies
New York
|
+$185K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$127K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$571K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$177K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$33.2K |
| 4 |
CWM
Cedar Wealth Management
Walnut Creek,
California
|
-$33K |
| 5 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$20.2K |
NMT Hedge Fund Activity: Q4 2020 in Review
24 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q4 2020, worth a combined $10.5M — up 13% from $9.29M 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 Northwestern Mutual Wealth Management, adding an estimated $458K. The largest seller was Susquehanna International Group, cutting an estimated $571K.
- 24 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q4 2020, up from 23 in Q3 2020.
- Funds reported $10.5M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q4 2020, up 13% quarter-over-quarter.
- 4 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q4 2020 and 3 closed out, a net change of +1 holder.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q4 2020 was Northwestern Mutual Wealth Management, an estimated $458K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q4 2020 was Susquehanna International Group, an estimated $571K sold.
Based on aggregated 13F filings for Q4 2020.