NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
29 hedge funds and large institutions have $28.2M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
1% less capital invested
Capital invested by funds: $28.5M → $28.2M (-$271K)
3% less funds holding
Funds holding: 30 → 29 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$867K |
| 2 |
Morgan Stanley
New York
|
+$532K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$454K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$64.6K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$55.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.52M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$921K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$209K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$179K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$53.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIP
26
Greatmark Investment Partners
Columbus,
Georgia
| $215K | – | – | – |
|
|
SCA
27
Snowden Capital Advisors
New York
| $192K | – | – | – |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $62K | +$583 | +44 | +1% |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $27K | – | – | – |
|
|
KIM
30
Karpus Investment Management
Pittsford,
New York
| – | -$1.52M | -117,170 | Closed |
|
|
MF
31
Magnetar Financial
Evanston,
Illinois
| – | -$179K | -13,649 | Closed |
|
NIQ Hedge Fund Activity: Q3 2017 in Review
29 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q3 2017, worth a combined $28.2M — down 0.95% from $28.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NIQ and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 14 added.
The largest buyer was Invesco, opening a new position worth an estimated $867K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.52M sold.
- 29 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q3 2017, down from 30 in Q2 2017.
- Funds reported $28.2M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q3 2017, down 0.95% quarter-over-quarter.
- 1 fund opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q3 2017 and 2 closed out, a net change of -1 holder.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q3 2017 was Invesco, an estimated $867K added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q3 2017 was Karpus Investment Management, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2017.