NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
20 hedge funds and large institutions have $32.7M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
7% more capital invested
Capital invested by funds: $30.5M → $32.7M (+$2.23M)
1.4% more ownership
Funds ownership: 18.16% → 19.56% (+1.4%)
9% less funds holding
Funds holding: 22 → 20 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.21M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$618K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$304K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$282K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$577K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$419K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$227K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$114K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$51.3K |
NIQ Hedge Fund Activity: Q3 2014 in Review
20 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q3 2014, worth a combined $32.7M — up 7.3% from $30.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NIQ and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.21M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $577K sold.
- 20 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q3 2014, down from 22 in Q2 2014.
- Funds reported $32.7M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q3 2014, up 7.3% quarter-over-quarter.
- 2 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q3 2014 and 4 closed out, a net change of -2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q3 2014 was Karpus Investment Management, an estimated $2.21M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q3 2014 was Sit Investment Associates, an estimated $577K sold.
Based on aggregated 13F filings for Q3 2014.