Nuveen Massachusetts Quality Municipal Income Fund
NMT
33 hedge funds and large institutions have $18.5M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $16.1M → $18.5M (+$2.45M)
1.79% more ownership
Funds ownership: 16.4% → 18.18% (+1.8%)
0% more funds holding
Funds holding: 33 → 33 (0)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.1M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.38M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$263K |
| 4 |
PI
PFG Investments
Woodbury,
New York
|
+$156K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$719K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$532K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$376K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$181K |
| 5 |
NWM
Napa Wealth Management
Napa,
California
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $92K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $70K | -$7.19K | -675 | -10% |
|
|
BLC
28
Brown, Lisle/Cummings
Providence,
Rhode Island
| $67.8K | – | – | – |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $38.6K | +$37.6K | +3,532 | New |
|
|
DJSG
30
D.J. St. Germain
Springfield,
Massachusetts
| $10.9K | – | – | – |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3.84K | -$29.6K | -2,781 | -89% |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
FIA
33
FNY Investment Advisers
New York
| $1 | +$1.06K | +100 | New |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$532K | -50,632 | Closed |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$181K | -17,193 | Closed |
|
|
AA
36
AQR Arbitrage
Greenwich,
Connecticut
| – | -$121K | -11,523 | Closed |
|
37
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$25.5K | -2,427 | Closed |
|
NMT Hedge Fund Activity: Q1 2024 in Review
33 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q1 2024, worth a combined $18.5M — up 15% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NMT positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $2.1M. The largest seller was Morgan Stanley, cutting an estimated $719K.
- 33 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $18.5M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q1 2024, up 15% quarter-over-quarter.
- 5 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q1 2024 and 4 closed out, a net change of +1 holder.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q1 2024 was Deutsche Bank, an estimated $2.1M added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $719K sold.
Based on aggregated 13F filings for Q1 2024.