Nuveen Massachusetts Quality Municipal Income Fund
NMT
16 hedge funds and large institutions have $2.44M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
1.36% less ownership
Funds ownership: 5.37% → 4.01% (-1.4%)
11% less funds holding
Funds holding: 18 → 16 (-2)
21% less capital invested
Capital invested by funds: $3.11M → $2.44M (-$667K)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$19K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$15.1K |
| 3 |
AA
Apriem Advisors
Irvine,
California
|
+$12.6K |
| 4 |
Morgan Stanley
New York
|
+$9.25K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$6.32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$414K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$232K |
| 3 |
LPL Financial
San Diego,
California
|
-$171K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$15.6K |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$8.98K |
NMT Hedge Fund Activity: Q1 2014 in Review
16 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q1 2014, worth a combined $2.44M — down 21% from $3.11M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NMT and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Bank of America, adding an estimated $19K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $414K sold.
- 16 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q1 2014, down from 18 in Q4 2013.
- Funds reported $2.44M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q1 2014, down 21% quarter-over-quarter.
- 3 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q1 2014 and 5 closed out, a net change of -2 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q1 2014 was Bank of America, an estimated $19K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q1 2014 was Wolverine Asset Management, an estimated $414K sold.
Based on aggregated 13F filings for Q1 2014.