NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
30 hedge funds and large institutions have $28.5M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 29 → 30 (+1)
13% less capital invested
Capital invested by funds: $32.8M → $28.5M (-$4.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$979K |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$538K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$384K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$359K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.68M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$735K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$722K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
-$201K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$94.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIP
26
Greatmark Investment Partners
Columbus,
Georgia
| $211K | – | – | – |
|
|
SCA
27
Snowden Capital Advisors
New York
| $188K | -$59.2K | -4,564 | -24% |
|
|
MF
28
Magnetar Financial
Evanston,
Illinois
| $179K | +$177K | +13,649 | New |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $60K | +$571 | +44 | +1% |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $26K | +$7.07K | +545 | +36% |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$722K | -58,427 | Closed |
|
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$735K | -56,834 | Closed |
|
|
SI
33
SII Investments
Appleton,
Wisconsin
| – | -$201K | -15,550 | Closed |
|
NIQ Hedge Fund Activity: Q2 2017 in Review
30 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q2 2017, worth a combined $28.5M — down 13% from $32.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 3 closed out — a net gain of 1 holder — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $979K. The largest seller was Karpus Investment Management, cutting an estimated $5.68M.
- 30 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q2 2017, up from 29 in Q1 2017.
- Funds reported $28.5M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q2 2017, down 13% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q2 2017 and 3 closed out, a net change of +1 holder.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q2 2017 was Guggenheim Capital, an estimated $979K added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q2 2017 was Karpus Investment Management, an estimated $5.68M sold.
Based on aggregated 13F filings for Q2 2017.