Nuveen Massachusetts Quality Municipal Income Fund
NMT
35 hedge funds and large institutions have $11.5M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
21% more capital invested
Capital invested by funds: $9.51M → $11.5M (+$2.02M)
2.04% more ownership
Funds ownership: 9.8% → 11.84% (+2%)
0% more funds holding
Funds holding: 35 → 35 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.28M |
| 2 |
FDCC
Foster Dykema Cabot & Co
Waltham,
Massachusetts
|
+$736K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$294K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$57.1K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$38.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$151K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$124K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$81.6K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$46.2K |
| 5 |
Morgan Stanley
New York
|
-$34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
26
Tortoise Investment Management
White Plains,
New York
| $84.5K | – | – | – |
|
|
BLC
27
Brown, Lisle/Cummings
Providence,
Rhode Island
| $64.8K | – | – | – |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $35.5K | – | – | – |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $27.9K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $25.3K | – | – | – |
|
|
BWM
31
Baystate Wealth Management
Boston,
Massachusetts
| $20.9K | +$20.9K | +2,005 | New |
|
|
DJSG
32
D.J. St. Germain
Springfield,
Massachusetts
| $10.4K | +$10.4K | +996 | New |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $7.31K | – | – | – |
|
|
BFEC
34
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
FIA
35
FNY Investment Advisers
New York
| $1K | – | – | – |
|
|
ASN
36
Advisory Services Network
Atlanta,
Georgia
| – | -$151K | -14,152 | Closed |
|
|
OIA
37
Optimum Investment Advisors
Chicago,
Illinois
| – | -$10.6K | -1,000 | Closed |
|
|
BAM
38
Belpointe Asset Management
Reno,
Nevada
| – | -$10.2K | -960 | Closed |
|
NMT Hedge Fund Activity: Q2 2023 in Review
35 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q2 2023, worth a combined $11.5M — up 21% from $9.51M a quarter earlier.
Fund positioning in NMT was balanced in Q2 2023: 3 funds opened new positions, 3 closed out, 10 added to existing stakes and 6 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.28M. The largest seller was Advisory Services Network, exiting entirely with an estimated $151K sold.
- 35 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $11.5M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q2 2023, up 21% quarter-over-quarter.
- 3 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q2 2023 and 3 closed out, a net change of 0 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q2 2023 was Saba Capital Management, an estimated $1.28M added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q2 2023 was Advisory Services Network, an estimated $151K sold.
Based on aggregated 13F filings for Q2 2023.