NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
35 hedge funds and large institutions have $50.2M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
25% more capital invested
Capital invested by funds: $40.2M → $50.2M (+$9.99M)
9% more funds holding
Funds holding: 32 → 35 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.89M |
| 2 |
RVPG
Relative Value Partners Group
|
+$2.28M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.04M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$830K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.95M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.39M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$141K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$63.5K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$55.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NDSI
26
Newman Dignan & Sheerar Inc
Providence,
Rhode Island
| $286K | +$1.93K | +151 | +0.7% |
|
|
BTS
27
BB&T Securities
Richmond,
Virginia
| $271K | +$4.28K | +335 | +2% |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| $187K | -$55.5K | -4,346 | -23% |
|
|
RJFSA
29
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $174K | – | – | – |
|
|
PCP
30
Proficio Capital Partners
Newton,
Massachusetts
| $153K | +$150K | +11,720 | New |
|
|
FFA
31
First Foundation Advisors
Irvine,
California
| $152K | – | – | – |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $32K | – | – | – |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| $28K | +$27.9K | +2,184 | New |
|
|
BFC
34
Bedel Financial Consulting
Indianapolis,
Indiana
| $21K | – | – | – |
|
|
BFEC
35
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $20K | +$64 | +5 | +0.3% |
|
|
AA
36
AQR Arbitrage
Greenwich,
Connecticut
| – | -$141K | -11,413 | Closed |
|
NIQ Hedge Fund Activity: Q1 2019 in Review
35 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2019, worth a combined $50.2M — up 25% from $40.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NIQ positions and 1 closed out — a net gain of 4 holders — while 18 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.89M. The largest seller was Morgan Stanley, cutting an estimated $1.95M.
- 35 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2019, up from 32 in Q4 2018.
- Funds reported $50.2M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2019, up 25% quarter-over-quarter.
- 5 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2019 and 1 closed out, a net change of +4 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2019 was Karpus Investment Management, an estimated $4.89M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2019 was Morgan Stanley, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2019.