NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
44 hedge funds and large institutions have $53.2M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 8 closing their positions.
0% more funds holding
Funds holding: 44 → 44 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
4% less capital invested
Capital invested by funds: $55.5M → $53.2M (-$2.31M)
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.67M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.44M |
| 3 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$1.61M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.03M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$802K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.21M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.2M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.75M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.14M |
| 5 |
RVPG
Relative Value Partners Group
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PSCM
51
Per Stirling Capital Management
Austin,
Texas
| – | -$339K | -27,149 | Closed |
|
52
First Trust Advisors
Wheaton,
Illinois
| – | -$153K | -12,221 | Closed |
|
NIQ Hedge Fund Activity: Q1 2023 in Review
44 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2023, worth a combined $53.2M — down 4.2% from $55.5M a quarter earlier.
Fund positioning in NIQ was balanced in Q1 2023: 8 funds opened new positions, 8 closed out, 9 added to existing stakes and 18 trimmed.
The largest buyer was Almitas Capital, adding an estimated $4.67M. The largest seller was Allspring Global Investments, exiting entirely with an estimated $4.21M sold.
- 44 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $53.2M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2023, down 4.2% quarter-over-quarter.
- 8 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2023 and 8 closed out, a net change of 0 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2023 was Almitas Capital, an estimated $4.67M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2023 was Allspring Global Investments, an estimated $4.21M sold.
Based on aggregated 13F filings for Q1 2023.