NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
32 hedge funds and large institutions have $40.2M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
22% more capital invested
Capital invested by funds: $33M → $40.2M (+$7.19M)
14% less funds holding
Funds holding: 37 → 32 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$4.56M |
| 2 |
Morgan Stanley
New York
|
+$1.53M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.23M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$951K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
-$803K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$631K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$546K |
| 4 |
Edgewood Management
Greenwich,
Connecticut
|
-$271K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$266K |
NIQ Hedge Fund Activity: Q4 2018 in Review
32 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q4 2018, worth a combined $40.2M — up 22% from $33M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NIQ and 3 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Relative Value Partners Group, opening a new position worth an estimated $4.56M. The largest seller was Koshinski Asset Management, exiting entirely with an estimated $803K sold.
- 32 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q4 2018, down from 37 in Q3 2018.
- Funds reported $40.2M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q4 2018, up 22% quarter-over-quarter.
- 3 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q4 2018 and 8 closed out, a net change of -5 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q4 2018 was Relative Value Partners Group, an estimated $4.56M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q4 2018 was Koshinski Asset Management, an estimated $803K sold.
Based on aggregated 13F filings for Q4 2018.