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Nuveen Massachusetts Quality Municipal Income Fund

18 hedge funds and large institutions have $4.44M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 3

0.91% less ownership

Funds ownership: 4.38%3.47% (-0.91%)

14% less funds holding

Funds holding: 2118 (-3)

18% less capital invested

Capital invested by funds: $5.38M → $4.44M (-$943K)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 3

Holders
18
Holders Change
-3
Holders Change %
-14.29%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
9
Reduced
3
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$1.12M +$224K +16,364 +25%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$492K +$72.7K +5,320 +17%
LPL Financial
3
LPL Financial
California
$485K +$4.7K +344 +1%
Bank of America
4
Bank of America
North Carolina
$447K +$43.6K +3,191 +11%
UBS Group
5
UBS Group
Switzerland
$333K +$52.3K +3,829 +19%
DA
6
Doliver Advisors
Texas
$260K +$113K +8,297 +78%
Janney Montgomery Scott
7
Janney Montgomery Scott
Pennsylvania
$197K -$31.3K -2,292 -14%
TFCP
8
Twin Focus Capital Partners
Massachusetts
$180K
LCM
9
Landscape Capital Management
New Jersey
$177K +$1.57K +115 +0.9%
LCM
10
Laurion Capital Management
New York
$146K -$505K -36,928 -78%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$145K +$20.5K +1,500 +16%
TIM
12
Tortoise Investment Management
New York
$143K
Wells Fargo
13
Wells Fargo
California
$125K +$2.72K +199 +2%
Fifth Third Bancorp
14
Fifth Third Bancorp
Ohio
$73K
WEC
15
Winslow Evans & Crocker
Massachusetts
$70.3K -$2.05K -150 -3%
AA
16
Apriem Advisors
California
$30K
BKA
17
Brick & Kyle Associates
Pennsylvania
$13K
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$1K
JP Morgan Chase
19
JP Morgan Chase
New York
-$783K -59,575 Closed
WAM
20
Wolverine Asset Management
Illinois
-$167K -12,731 Closed
CRC
21
Curi RMB Capital
Illinois
-$162K -12,355 Closed

NMT Hedge Fund Activity: Q1 2017 in Review

18 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q1 2017, worth a combined $4.44M — down 18% from $5.38M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of NMT and 0 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 9 added.

The largest buyer was Morgan Stanley, adding an estimated $224K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $783K sold.

  • 18 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q1 2017, down from 21 in Q4 2016.
  • Funds reported $4.44M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q1 2017, down 18% quarter-over-quarter.
  • 0 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q1 2017 and 3 closed out, a net change of -3 holders.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q1 2017 was Morgan Stanley, an estimated $224K added.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q1 2017 was JP Morgan Chase, an estimated $783K sold.

Based on aggregated 13F filings for Q1 2017.