NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
35 hedge funds and large institutions have $56.7M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
3% more funds holding
Funds holding: 34 → 35 (+1)
4% more capital invested
Capital invested by funds: $54.3M → $56.7M (+$2.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.03M |
| 2 |
RVPG
Relative Value Partners Group
|
+$711K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$316K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$310K |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.59M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$587K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$233K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$208K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HKAM
26
Horizon Kinetics Asset Management
New York
| $298K | – | – | – |
|
|
IWC
27
Integrated Wealth Concepts
Waltham,
Massachusetts
| $278K | +$41.5K | +3,018 | +18% |
|
|
SF
28
Synovus Financial
Columbus,
Georgia
| $274K | +$272K | +19,756 | New |
|
|
IAA
29
Independent Advisor Alliance
Charlotte,
North Carolina
| $243K | +$240K | +17,479 | New |
|
|
FFA
30
First Foundation Advisors
Irvine,
California
| $191K | – | – | – |
|
|
PCP
31
Proficio Capital Partners
Newton,
Massachusetts
| $163K | – | – | – |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $81K | -$15.8K | -1,149 | -16% |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $34K | – | – | – |
|
|
BFC
34
Bedel Financial Consulting
Indianapolis,
Indiana
| $22K | – | – | – |
|
|
NDSI
35
Newman Dignan & Sheerar Inc
Providence,
Rhode Island
| $310 | +$2.09K | +152 | +0.7% |
|
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$233K | -17,030 | Closed |
|
|
RJFSA
37
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$208K | -15,198 | Closed |
|
NIQ Hedge Fund Activity: Q4 2019 in Review
35 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q4 2019, worth a combined $56.7M — up 4.4% from $54.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 2 closed out — a net gain of 2 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.03M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.59M.
- 35 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q4 2019, up from 34 in Q3 2019.
- Funds reported $56.7M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q4 2019, up 4.4% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q4 2019 and 2 closed out, a net change of +2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q4 2019 was Morgan Stanley, an estimated $1.03M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q4 2019 was Rivernorth Capital Management, an estimated $1.59M sold.
Based on aggregated 13F filings for Q4 2019.