NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
16 hedge funds and large institutions have $8.27M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
194% more capital invested
Capital invested by funds: $2.81M → $8.27M (+$5.46M)
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
33% more funds holding
Funds holding: 12 → 16 (+4)
3.95% more ownership
Funds ownership: 1.81% → 5.76% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.39M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$1.27M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$862K |
| 4 |
Morgan Stanley
New York
|
+$476K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$37.8K |
| 2 |
Barclays
London,
United Kingdom
|
-$27K |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$25K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7.28K |
NIQ Hedge Fund Activity: Q3 2013 in Review
16 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q3 2013, worth a combined $8.27M — up 194% from $2.81M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NIQ positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.39M. The largest seller was Wells Fargo, cutting an estimated $37.8K.
- 16 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q3 2013, up from 12 in Q2 2013.
- Funds reported $8.27M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q3 2013, up 194% quarter-over-quarter.
- 5 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q3 2013 and 1 closed out, a net change of +4 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q3 2013 was Karpus Investment Management, an estimated $2.39M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q3 2013 was Wells Fargo, an estimated $37.8K sold.
Based on aggregated 13F filings for Q3 2013.