NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
36 hedge funds and large institutions have $32.4M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 0 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
13% more funds holding
Funds holding: 32 → 36 (+4)
9% more capital invested
Capital invested by funds: $29.9M → $32.4M (+$2.57M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$897K |
| 2 |
Morgan Stanley
New York
|
+$769K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$583K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$448K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$148K |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$66.5K |
| 3 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
-$56.8K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$54.1K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
26
Tortoise Investment Management
White Plains,
New York
| $261K | +$262K | +20,749 | New |
|
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $249K | -$37K | -2,934 | -13% |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| $182K | -$32.2K | -2,549 | -15% |
|
|
PPA
29
Parametric Portfolio Associates
Seattle,
Washington
| $155K | +$15.1K | +1,195 | +11% |
|
|
RJFSA
30
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $149K | – | – | – |
|
|
FFA
31
First Foundation Advisors
Irvine,
California
| $146K | +$5.05K | +400 | +4% |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $47K | +$46.9K | +3,718 | New |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $35K | – | – | – |
|
|
BFC
34
Bedel Financial Consulting
Indianapolis,
Indiana
| $20K | +$20.2K | +1,600 | New |
|
|
BFEC
35
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $19K | -$13.6K | -1,076 | -42% |
|
|
SFM
36
Signet Financial Management
Parsippany,
New Jersey
| $17K | +$16.9K | +1,336 | New |
|
NIQ Hedge Fund Activity: Q1 2018 in Review
36 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2018, worth a combined $32.4M — up 8.6% from $29.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 0 closed out — a net gain of 4 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $897K. The largest seller was Koshinski Asset Management, cutting an estimated $148K.
- 36 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2018, up from 32 in Q4 2017.
- Funds reported $32.4M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2018, up 8.6% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2018 and 0 closed out, a net change of +4 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2018 was HighTower Advisors, an estimated $897K added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2018 was Koshinski Asset Management, an estimated $148K sold.
Based on aggregated 13F filings for Q1 2018.