Nuveen Massachusetts Quality Municipal Income Fund
NMT
34 hedge funds and large institutions have $10.9M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
0.46% more ownership
Funds ownership: 11.84% → 12.3% (+0.46%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
3% less funds holding
Funds holding: 35 → 34 (-1)
6% less capital invested
Capital invested by funds: $11.5M → $10.9M (-$652K)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$599K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$349K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$228K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$167K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$55.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCC
Foster Dykema Cabot & Co
Waltham,
Massachusetts
|
-$489K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$170K |
| 3 |
CC
Constitution Capital
Shelton,
Connecticut
|
-$131K |
| 4 |
XF
XML Financial
Bethesda,
Maryland
|
-$104K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$82.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BLC
26
Brown, Lisle/Cummings
Providence,
Rhode Island
| $58.8K | – | – | – |
|
27
JP Morgan Chase
New York
| $32.3K | +$34.8K | +3,410 | New |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $32.2K | – | – | – |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $25.4K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $23K | – | – | – |
|
|
BWM
31
Baystate Wealth Management
Boston,
Massachusetts
| $19.2K | +$153 | +15 | +0.7% |
|
|
DJSG
32
D.J. St. Germain
Springfield,
Massachusetts
| $9.44K | – | – | – |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$170K | -16,269 | Closed |
|
|
CC
35
Constitution Capital
Shelton,
Connecticut
| – | -$131K | -12,500 | Closed |
|
|
XF
36
XML Financial
Bethesda,
Maryland
| – | -$104K | -10,000 | Closed |
|
|
SPIA
37
Steward Partners Investment Advisory
New York
| – | -$7.31K | -700 | Closed |
|
NMT Hedge Fund Activity: Q3 2023 in Review
34 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q3 2023, worth a combined $10.9M — down 5.7% from $11.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NMT and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 8 added.
The largest buyer was Saba Capital Management, adding an estimated $599K. The largest seller was Foster Dykema Cabot & Co, cutting an estimated $489K.
- 34 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q3 2023, down from 35 in Q2 2023.
- Funds reported $10.9M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q3 2023, down 5.7% quarter-over-quarter.
- 3 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q3 2023 and 4 closed out, a net change of -1 holder.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q3 2023 was Saba Capital Management, an estimated $599K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q3 2023 was Foster Dykema Cabot & Co, an estimated $489K sold.
Based on aggregated 13F filings for Q3 2023.