Nuveen Massachusetts Quality Municipal Income Fund
NMT
15 hedge funds and large institutions have $3.88M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 8 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
0.32% less ownership
Funds ownership: 3.15% → 2.82% (-0.32%)
4% less capital invested
Capital invested by funds: $4.04M → $3.88M (-$163K)
29% less funds holding
Funds holding: 21 → 15 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
+$145K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$111K |
| 3 |
LPL Financial
San Diego,
California
|
+$93.3K |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$71.3K |
| 5 |
Morgan Stanley
New York
|
+$36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$306K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$195K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$167K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$141K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$74.8K |
NMT Hedge Fund Activity: Q1 2016 in Review
15 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q1 2016, worth a combined $3.88M — down 4% from $4.04M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NMT and 2 opened new positions — a net loss of 6 holders — while 2 trimmed existing stakes and 7 added.
The largest buyer was M&T Bank, opening a new position worth an estimated $145K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $306K sold.
- 15 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q1 2016, down from 21 in Q4 2015.
- Funds reported $3.88M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q1 2016, down 4% quarter-over-quarter.
- 2 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q1 2016 and 8 closed out, a net change of -6 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q1 2016 was M&T Bank, an estimated $145K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q1 2016 was Laurion Capital Management, an estimated $306K sold.
Based on aggregated 13F filings for Q1 2016.