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Nuveen Massachusetts Quality Municipal Income Fund

20 hedge funds and large institutions have $6.42M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more capital invested

Capital invested by funds: $5.3M → $6.42M (+$1.12M)

1.11% more ownership

Funds ownership: 4.74%5.85% (+1.1%)

20% less funds holding

Funds holding: 2520 (-5)

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Holders
20
Holders Change
-5
Holders Change %
-20%
% of All Funds
0.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
5
Reduced
8
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fiera Capital (Canada)
1
Fiera Capital (Canada)
Quebec, Canada
$2.51M +$2.53M +213,564 New
Morgan Stanley
2
Morgan Stanley
New York
$1.23M -$17K -1,434 -1%
WAM
3
Wolverine Asset Management
Illinois
$752K +$99.5K +8,399 +15%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$353K -$4.28K -361 -1%
LCM
5
Landscape Capital Management
New Jersey
$297K -$227K -19,186 -43%
UBS Group
6
UBS Group
Switzerland
$255K +$67K +5,650 +35%
Bank of America
7
Bank of America
North Carolina
$198K -$53K -4,472 -21%
TIM
8
Tortoise Investment Management
New York
$187K +$65.2K +5,500 +53%
LPL Financial
9
LPL Financial
California
$124K -$68.5K -5,782 -35%
Janney Montgomery Scott
10
Janney Montgomery Scott
Pennsylvania
$122K +$1.68K +142 +1%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$101K -$17.8K -1,500 -15%
Wells Fargo
12
Wells Fargo
California
$96K -$58.8K -4,960 -38%
AWM
13
Aevitas Wealth Management
Massachusetts
$64K
Fifth Third Bancorp
14
Fifth Third Bancorp
Ohio
$53K
TJHA
15
Thomas J. Herzfeld Advisors
Florida
$35K +$35.3K +2,983 New
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$16K
WEC
17
Winslow Evans & Crocker
Massachusetts
$14K -$2.37K -200 -16%
AG
18
Advisor Group
Arizona
$14K
FHA
19
Flagship Harbor Advisors
Massachusetts
$3K +$24 +2 +0.6%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$1K
CRC
21
Curi RMB Capital
Illinois
-$467K -39,110 Closed
LCM
22
Laurion Capital Management
New York
-$299K -25,023 Closed
Geode Capital Management
23
Geode Capital Management
Massachusetts
-$188K -15,810 Closed
TFCP
24
Twin Focus Capital Partners
Massachusetts
-$141K -11,781 Closed
PFGIA
25
Patriot Financial Group Insurance Agency
Massachusetts
-$22.5K -1,900 Closed

NMT Hedge Fund Activity: Q4 2018 in Review

20 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q4 2018, worth a combined $6.42M — up 21% from $5.3M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NMT and 2 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 5 added.

The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $2.53M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $467K sold.

  • 20 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q4 2018, down from 25 in Q3 2018.
  • Funds reported $6.42M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q4 2018, up 21% quarter-over-quarter.
  • 2 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q4 2018 and 7 closed out, a net change of -5 holders.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q4 2018 was Fiera Capital (Canada), an estimated $2.53M added.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q4 2018 was Curi RMB Capital, an estimated $467K sold.

Based on aggregated 13F filings for Q4 2018.