Nuveen Massachusetts Quality Municipal Income Fund
NMT
30 hedge funds and large institutions have $18.7M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
1% more capital invested
Capital invested by funds: $18.5M → $18.7M (+$139K)
0.18% less ownership
Funds ownership: 18.18% → 18% (-0.18%)
9% less funds holding
Funds holding: 33 → 30 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$429K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$402K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$156K |
| 4 |
Morgan Stanley
New York
|
+$115K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$48.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$349K |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$254K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$169K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$113K |
| 5 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $41K | -$29.2K | -2,725 | -42% |
|
|
DJSG
27
D.J. St. Germain
Springfield,
Massachusetts
| $11.1K | – | – | – |
|
28
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $9K | +$8.72K | +813 | New |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3.91K | – | – | – |
|
|
BFEC
30
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $2K | – | – | – |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$113K | -10,331 | Closed |
|
|
TFCP
32
Twin Focus Capital Partners
Boston,
Massachusetts
| – | -$113K | -10,319 | Closed |
|
33
Citadel Advisors
Miami,
Florida
| – | -$110K | -10,041 | Closed |
|
|
NWM
34
Napa Wealth Management
Napa,
California
| – | -$109K | -10,000 | Closed |
|
|
FIA
35
FNY Investment Advisers
New York
| – | -$1 | -100 | Closed |
|
NMT Hedge Fund Activity: Q2 2024 in Review
30 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q2 2024, worth a combined $18.7M — up 0.75% from $18.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NMT and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Royal Bank of Canada, adding an estimated $429K. The largest seller was Saba Capital Management, cutting an estimated $349K.
- 30 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q2 2024, down from 33 in Q1 2024.
- Funds reported $18.7M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q2 2024, up 0.75% quarter-over-quarter.
- 2 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q2 2024 and 5 closed out, a net change of -3 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q2 2024 was Royal Bank of Canada, an estimated $429K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q2 2024 was Saba Capital Management, an estimated $349K sold.
Based on aggregated 13F filings for Q2 2024.