Nuveen Massachusetts Quality Municipal Income Fund
NMT
29 hedge funds and large institutions have $12.5M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 3 closing their positions.
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less funds holding
Funds holding: 30 → 29 (-1)
6.56% less ownership
Funds ownership: 18% → 11.44% (-6.6%)
33% less capital invested
Capital invested by funds: $18.7M → $12.5M (-$6.19M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$384K |
| 2 |
Morgan Stanley
New York
|
+$137K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$126K |
| 4 |
LPL Financial
San Diego,
California
|
+$61.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$19.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$6.41M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$452K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$397K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$60.2K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$52.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
26
Tortoise Investment Management
White Plains,
New York
| $15K | -$52.2K | -4,612 | -78% |
|
|
DJSG
27
D.J. St. Germain
Springfield,
Massachusetts
| $11.6K | – | – | – |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4.11K | – | – | – |
|
|
FIA
29
FNY Investment Advisers
New York
| $1K | +$1.13K | +100 | New |
|
|
SCM
30
Saba Capital Management
New York
| – | -$6.41M | -577,149 | Closed |
|
|
LSC
31
Logan Stone Capital
Chicago,
Illinois
| – | -$397K | -35,740 | Closed |
|
32
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$9K | -813 | Closed |
|
NMT Hedge Fund Activity: Q3 2024 in Review
29 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q3 2024, worth a combined $12.5M — down 33% from $18.7M a quarter earlier.
Fund positioning in NMT was balanced in Q3 2024: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 10 trimmed.
The largest buyer was Bay Colony Advisors, opening a new position worth an estimated $384K. The largest seller was Saba Capital Management, exiting entirely with an estimated $6.41M sold.
- 29 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q3 2024, down from 30 in Q2 2024.
- Funds reported $12.5M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q3 2024, down 33% quarter-over-quarter.
- 3 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q3 2024 and 3 closed out, a net change of 0 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q3 2024 was Bay Colony Advisors, an estimated $384K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q3 2024 was Saba Capital Management, an estimated $6.41M sold.
Based on aggregated 13F filings for Q3 2024.