Nuveen Massachusetts Quality Municipal Income Fund
NMT
33 hedge funds and large institutions have $16.1M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 5 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
48% more capital invested
Capital invested by funds: $10.9M → $16.1M (+$5.2M)
4.1% more ownership
Funds ownership: 12.3% → 16.4% (+4.1%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 34 → 33 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.83M |
| 2 |
Morgan Stanley
New York
|
+$540K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$329K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$169K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$225K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$211K |
| 3 |
PI
PFG Investments
Woodbury,
New York
|
-$127K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$102K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$99.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $88K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $74.5K | +$36.4K | +3,688 | +108% |
|
|
BLC
28
Brown, Lisle/Cummings
Providence,
Rhode Island
| $65.2K | – | – | – |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $32.9K | +$4.5K | +456 | +17% |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $25.5K | – | – | – |
|
|
BWM
31
Baystate Wealth Management
Boston,
Massachusetts
| $21.5K | +$227 | +23 | +1% |
|
|
DJSG
32
D.J. St. Germain
Springfield,
Massachusetts
| $10.5K | – | – | – |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
34
HighTower Advisors
Chicago,
Illinois
| – | -$211K | -22,372 | Closed |
|
|
PI
35
PFG Investments
Woodbury,
New York
| – | -$127K | -13,368 | Closed |
|
|
RJFSA
36
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$102K | -10,768 | Closed |
|
37
JP Morgan Chase
New York
| – | -$32.3K | -3,410 | Closed |
|
NMT Hedge Fund Activity: Q4 2023 in Review
33 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q4 2023, worth a combined $16.1M — up 48% from $10.9M a quarter earlier.
Fund positioning in NMT was balanced in Q4 2023: 5 funds opened new positions, 5 closed out, 13 added to existing stakes and 5 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.83M. The largest seller was UBS Group, cutting an estimated $225K.
- 33 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q4 2023, down from 34 in Q3 2023.
- Funds reported $16.1M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q4 2023, up 48% quarter-over-quarter.
- 5 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q4 2023 and 5 closed out, a net change of 0 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q4 2023 was Saba Capital Management, an estimated $2.83M added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q4 2023 was UBS Group, an estimated $225K sold.
Based on aggregated 13F filings for Q4 2023.