NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
22 hedge funds and large institutions have $29.4M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
33% more capital invested
Capital invested by funds: $22.1M → $29.4M (+$7.28M)
5% more funds holding
Funds holding: 21 → 22 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.24M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.27M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$408K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$285K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$1.26M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$1.07M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$480K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$61.4K |
| 5 |
Morgan Stanley
New York
|
-$31.5K |
NIQ Hedge Fund Activity: Q1 2014 in Review
22 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2014, worth a combined $29.4M — up 33% from $22.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $5.24M. The largest seller was HighTower Advisors, cutting an estimated $1.26M.
- 22 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2014, up from 21 in Q4 2013.
- Funds reported $29.4M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2014, up 33% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2014 was Karpus Investment Management, an estimated $5.24M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2014 was HighTower Advisors, an estimated $1.26M sold.
Based on aggregated 13F filings for Q1 2014.