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Nuveen Massachusetts Quality Municipal Income Fund

33 hedge funds and large institutions have $16.1M invested in Nuveen Massachusetts Quality Municipal Income Fund in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 5

48% more capital invested

Capital invested by funds: $10.9M → $16.1M (+$5.2M)

4.1% more ownership

Funds ownership: 12.3%16.4% (+4.1%)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

3% less funds holding

Funds holding: 3433 (-1)

Holders
33
Holders Change
-1
Holders Change %
-2.94%
% of All Funds
0.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
13
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$5.04M +$2.83M +287,252 +149%
HWAM
2
Hennion & Walsh Asset Management
New Jersey
$1.57M -$54.4K -5,518 -4%
Morgan Stanley
3
Morgan Stanley
New York
$1.39M +$540K +54,765 +71%
Bank of America
4
Bank of America
North Carolina
$1.34M -$99.2K -10,067 -7%
LSC
5
Logan Stone Capital
Illinois
$995K +$329K +33,395 +54%
MC
6
Matisse Capital
Oregon
$763K
WAM
7
Wolverine Asset Management
Illinois
$532K +$94.7K +9,612 +23%
MWM
8
Melfa Wealth Management
Massachusetts
$527K +$39.1K +3,965 +9%
UBS Group
9
UBS Group
Switzerland
$522K -$225K -22,844 -31%
SP
10
Stablepoint Partners
Massachusetts
$336K +$315K +32,000 New
Wells Fargo
11
Wells Fargo
California
$313K +$5.79K +587 +2%
NWM
12
Napa Wealth Management
California
$236K +$222K +22,500 New
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$224K +$9.28K +941 +5%
RJA
14
Raymond James & Associates
Florida
$222K -$34.5K -3,500 -14%
ACI
15
Alpha Cubed Investments
California
$221K
TFCP
16
Twin Focus Capital Partners
Massachusetts
$209K +$40.4K +4,103 +26%
IWC
17
Integrated Wealth Concepts
Massachusetts
$181K
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$181K +$169K +17,193 New
LPL Financial
19
LPL Financial
California
$177K +$306 +31 +0.2%
SIA
20
Sit Investment Associates
Minnesota
$173K
LCM
21
Landscape Capital Management
New Jersey
$160K +$150K +15,201 New
HA
22
Herold Advisors
New York
$122K +$114K +11,585 New
AA
23
AQR Arbitrage
Connecticut
$121K
EBA
24
Eagle Bay Advisors
New York
$105K -$11.8K -1,197 -11%
TIM
25
Tortoise Investment Management
New York
$90.7K +$5.27K +535 +7%

NMT Hedge Fund Activity: Q4 2023 in Review

33 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Nuveen Massachusetts Quality Municipal Income Fund (NMT) for Q4 2023, worth a combined $16.1M — up 48% from $10.9M a quarter earlier.

Fund positioning in NMT was balanced in Q4 2023: 5 funds opened new positions, 5 closed out, 13 added to existing stakes and 5 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $2.83M. The largest seller was UBS Group, cutting an estimated $225K.

  • 33 institutional investors held Nuveen Massachusetts Quality Municipal Income Fund (NMT) as of Q4 2023, down from 34 in Q3 2023.
  • Funds reported $16.1M of Nuveen Massachusetts Quality Municipal Income Fund stock for Q4 2023, up 48% quarter-over-quarter.
  • 5 funds opened new Nuveen Massachusetts Quality Municipal Income Fund positions in Q4 2023 and 5 closed out, a net change of 0 holders.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund buyer in Q4 2023 was Saba Capital Management, an estimated $2.83M added.
  • The largest Nuveen Massachusetts Quality Municipal Income Fund seller in Q4 2023 was UBS Group, an estimated $225K sold.

Based on aggregated 13F filings for Q4 2023.