NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
29 hedge funds and large institutions have $32.8M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
7% more capital invested
Capital invested by funds: $30.5M → $32.8M (+$2.24M)
6% less funds holding
Funds holding: 31 → 29 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$897K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$499K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$464K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
+$406K |
| 5 |
NDSI
Newman Dignan & Sheerar Inc
Providence,
Rhode Island
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$915K |
| 2 |
Morgan Stanley
New York
|
-$368K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$209K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$157K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
26
SII Investments
Appleton,
Wisconsin
| $201K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $59K | +$376 | +30 | +0.7% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $19K | +$15K | +1,198 | +399% |
|
|
NDSI
29
Newman Dignan & Sheerar Inc
Providence,
Rhode Island
| $264 | +$256K | +20,426 | New |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$149K | -12,147 | Closed |
|
31
SG Americas Securities
New York
| – | -$131K | -10,662 | Closed |
|
|
TIM
32
Tortoise Investment Management
White Plains,
New York
| – | -$18K | -1,500 | Closed |
|
NIQ Hedge Fund Activity: Q1 2017 in Review
29 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2017, worth a combined $32.8M — up 7.3% from $30.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NIQ and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 16 added.
The largest buyer was HighTower Advisors, adding an estimated $897K. The largest seller was Karpus Investment Management, cutting an estimated $915K.
- 29 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2017, down from 31 in Q4 2016.
- Funds reported $32.8M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2017, up 7.3% quarter-over-quarter.
- 1 fund opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2017 and 3 closed out, a net change of -2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2017 was HighTower Advisors, an estimated $897K added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2017 was Karpus Investment Management, an estimated $915K sold.
Based on aggregated 13F filings for Q1 2017.