NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
37 hedge funds and large institutions have $57M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 35 → 37 (+2)
1% more capital invested
Capital invested by funds: $56.7M → $57M (+$315K)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.87M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$460K |
| 3 |
IAP
Indie Asset Partners
Carmel,
Indiana
|
+$305K |
| 4 |
Morgan Stanley
New York
|
+$252K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.04M |
| 2 |
VanEck Associates
New York
|
-$281K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$263K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$243K |
| 5 |
RVPG
Relative Value Partners Group
|
-$184K |
NIQ Hedge Fund Activity: Q1 2020 in Review
37 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2020, worth a combined $57M — up 0.56% from $56.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.87M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.04M.
- 37 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2020, up from 35 in Q4 2019.
- Funds reported $57M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2020, up 0.56% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2020 and 2 closed out, a net change of +2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2020 was Wells Fargo, an estimated $2.87M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2020 was Rivernorth Capital Management, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2020.