Nuveen Massachusetts Quality Municipal Income Fund
NMT
14 hedge funds and large institutions have $3.26M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
0.62% less ownership
Funds ownership: 2.82% → 2.21% (-0.62%)
7% less funds holding
Funds holding: 15 → 14 (-1)
16% less capital invested
Capital invested by funds: $3.88M → $3.26M (-$625K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$219K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$33.4K |
| 3 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
+$8.31K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$430K |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$283K |
| 3 |
M&T Bank
Buffalo,
New York
|
-$149K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$143K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$69.1K |
NMT Hedge Fund Activity: Q2 2016 in Review
14 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q2 2016, worth a combined $3.26M — down 16% from $3.88M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NMT and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.
The largest buyer was Royal Bank of Canada, adding an estimated $219K. The largest seller was LPL Financial, cutting an estimated $430K.
- 14 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q2 2016, down from 15 in Q1 2016.
- Funds reported $3.26M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q2 2016, down 16% quarter-over-quarter.
- 1 fund opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q2 2016 and 2 closed out, a net change of -1 holder.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q2 2016 was Royal Bank of Canada, an estimated $219K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q2 2016 was LPL Financial, an estimated $430K sold.
Based on aggregated 13F filings for Q2 2016.