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Nuveen Massachusetts Quality Municipal Income Fund

34 hedge funds and large institutions have $10.9M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.46% more ownership

Funds ownership: 11.84%12.3% (+0.46%)

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

3% less funds holding

Funds holding: 3534 (-1)

6% less capital invested

Capital invested by funds: $11.5M → $10.9M (-$652K)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
34
Holders Change
-1
Holders Change %
-2.86%
% of All Funds
0.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
8
Reduced
8
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$1.82M +$599K +58,770 +44%
HWAM
2
Hennion & Walsh Asset Management
New Jersey
$1.47M -$7.87K -772 -0.5%
Bank of America
3
Bank of America
North Carolina
$1.31M +$349K +34,186 +33%
Morgan Stanley
4
Morgan Stanley
New York
$733K -$38.3K -3,759 -5%
MC
5
Matisse Capital
Oregon
$689K
UBS Group
6
UBS Group
Switzerland
$688K +$11.1K +1,088 +2%
LSC
7
Logan Stone Capital
Illinois
$581K +$55.6K +5,449 +10%
MWM
8
Melfa Wealth Management
Massachusetts
$437K +$928 +91 +0.2%
WAM
9
Wolverine Asset Management
Illinois
$389K -$82.7K -8,106 -17%
Wells Fargo
10
Wells Fargo
California
$276K +$29.8K +2,926 +11%
RJA
11
Raymond James & Associates
Florida
$233K -$2.04K -200 -0.8%
FDCC
12
Foster Dykema Cabot & Co
Massachusetts
$214K -$489K -47,960 -68%
HighTower Advisors
13
HighTower Advisors
Illinois
$211K +$228K +22,372 New
ACI
14
Alpha Cubed Investments
California
$199K
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$193K -$9.3K -912 -4%
IWC
16
Integrated Wealth Concepts
Massachusetts
$163K
LPL Financial
17
LPL Financial
California
$159K -$1.11K -109 -0.6%
SIA
18
Sit Investment Associates
Minnesota
$156K +$167K +16,424 New
TFCP
19
Twin Focus Capital Partners
Massachusetts
$150K
PI
20
PFG Investments
New York
$127K -$3.05K -299 -2%
AA
21
AQR Arbitrage
Connecticut
$109K
EBA
22
Eagle Bay Advisors
New York
$106K
RJFSA
23
Raymond James Financial Services Advisors
Florida
$102K +$673 +66 +0.6%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$80K
TIM
25
Tortoise Investment Management
New York
$76.7K

NMT Hedge Fund Activity: Q3 2023 in Review

34 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q3 2023, worth a combined $10.9M — down 5.7% from $11.5M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of NMT and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 8 added.

The largest buyer was Saba Capital Management, adding an estimated $599K. The largest seller was Foster Dykema Cabot & Co, cutting an estimated $489K.

  • 34 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q3 2023, down from 35 in Q2 2023.
  • Funds reported $10.9M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q3 2023, down 5.7% quarter-over-quarter.
  • 3 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q3 2023 and 4 closed out, a net change of -1 holder.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q3 2023 was Saba Capital Management, an estimated $599K added.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q3 2023 was Foster Dykema Cabot & Co, an estimated $489K sold.

Based on aggregated 13F filings for Q3 2023.