Nuveen Massachusetts Quality Municipal Income Fund
NMT
21 hedge funds and large institutions have $5.38M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
53% more capital invested
Capital invested by funds: $3.51M → $5.38M (+$1.87M)
40% more funds holding
Funds holding: 15 → 21 (+6)
1.9% more ownership
Funds ownership: 2.48% → 4.38% (+1.9%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$829K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$661K |
| 3 |
Morgan Stanley
New York
|
+$449K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$186K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$203K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$52.2K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$34.9K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$29.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$29.2K |
NMT Hedge Fund Activity: Q4 2016 in Review
21 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q4 2016, worth a combined $5.38M — up 53% from $3.51M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NMT positions and 1 closed out — a net gain of 6 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $829K. The largest seller was Royal Bank of Canada, cutting an estimated $203K.
- 21 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q4 2016, up from 15 in Q3 2016.
- Funds reported $5.38M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q4 2016, up 53% quarter-over-quarter.
- 7 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q4 2016 and 1 closed out, a net change of +6 holders.
- The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q4 2016 was JP Morgan Chase, an estimated $829K added.
- The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q4 2016 was Royal Bank of Canada, an estimated $203K sold.
Based on aggregated 13F filings for Q4 2016.