NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
37 hedge funds and large institutions have $60M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 3 closing their positions.
4% less capital invested
Capital invested by funds: $62.8M → $60M (-$2.8M)
5% less funds holding
Funds holding: 39 → 37 (-2)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$589K |
| 2 |
Morgan Stanley
New York
|
+$362K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$159K |
| 4 |
LPL Financial
San Diego,
California
|
+$129K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$85.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.07M |
| 2 |
BlackRock
New York
|
-$1.07M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$323K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$242K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$221K |
NIQ Hedge Fund Activity: Q3 2020 in Review
37 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q3 2020, worth a combined $60M — down 4.5% from $62.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NIQ and 1 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 12 added.
The largest buyer was Relative Value Partners Group, adding an estimated $589K. The largest seller was Wells Fargo, cutting an estimated $2.07M.
- 37 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q3 2020, down from 39 in Q2 2020.
- Funds reported $60M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q3 2020, down 4.5% quarter-over-quarter.
- 1 fund opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q3 2020 was Relative Value Partners Group, an estimated $589K added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q3 2020 was Wells Fargo, an estimated $2.07M sold.
Based on aggregated 13F filings for Q3 2020.