Nuveen Massachusetts Quality Municipal Income Fund
NMT
19 hedge funds and large institutions have $3.42M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
40% more capital invested
Capital invested by funds: $2.44M → $3.42M (+$971K)
19% more funds holding
Funds holding: 16 → 19 (+3)
1.27% less ownership
Funds ownership: 4.01% → 2.74% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$284K |
| 2 |
LPL Financial
San Diego,
California
|
+$261K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$149K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$112K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$83.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$209K |
| 2 |
Morgan Stanley
New York
|
-$27.4K |
| 3 |
Citigroup
New York
|
-$21.5K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$6K |
| 5 |
TFCP
Twin Focus Capital Partners
Boston,
Massachusetts
|
-$1.99K |
NMT Hedge Fund Activity: Q2 2014 in Review
19 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q2 2014, worth a combined $3.42M — up 40% from $2.44M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NMT positions and 3 closed out — a net gain of 3 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Tortoise Investment Management, opening a new position worth an estimated $284K. The largest seller was Pine River Capital Management, exiting entirely with an estimated $209K sold.
- 19 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q2 2014, up from 16 in Q1 2014.
- Funds reported $3.42M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q2 2014, up 40% quarter-over-quarter.
- 6 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q2 2014 and 3 closed out, a net change of +3 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q2 2014 was Tortoise Investment Management, an estimated $284K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q2 2014 was Pine River Capital Management, an estimated $209K sold.
Based on aggregated 13F filings for Q2 2014.