NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
21 hedge funds and large institutions have $22.1M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
167% more capital invested
Capital invested by funds: $8.27M → $22.1M (+$13.8M)
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
31% more funds holding
Funds holding: 16 → 21 (+5)
9.62% more ownership
Funds ownership: 5.76% → 15.38% (+9.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.29M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.34M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.7M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.62M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$116K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$67.1K |
| 3 |
Citigroup
New York
|
-$37.5K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$23.1K |
| 5 |
VanEck Associates
New York
|
-$13.9K |
NIQ Hedge Fund Activity: Q4 2013 in Review
21 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q4 2013, worth a combined $22.1M — up 167% from $8.27M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NIQ positions and 1 closed out — a net gain of 5 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.29M. The largest seller was BB&T Securities, exiting entirely with an estimated $116K sold.
- 21 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q4 2013, up from 16 in Q3 2013.
- Funds reported $22.1M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q4 2013, up 167% quarter-over-quarter.
- 6 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q4 2013 and 1 closed out, a net change of +5 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q4 2013 was Karpus Investment Management, an estimated $4.29M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q4 2013 was BB&T Securities, an estimated $116K sold.
Based on aggregated 13F filings for Q4 2013.