NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
23 hedge funds and large institutions have $39M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 3 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
2% less capital invested
Capital invested by funds: $39.8M → $39M (-$770K)
4% less funds holding
Funds holding: 24 → 23 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.32M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$533K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$466K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$341K |
| 5 |
Edgewood Management
Greenwich,
Connecticut
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.21M |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$127K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$44.3K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$42K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$25.2K |
NIQ Hedge Fund Activity: Q2 2015 in Review
23 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q2 2015, worth a combined $39M — down 1.9% from $39.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NIQ and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 11 added.
The largest buyer was Karpus Investment Management, adding an estimated $4.32M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $3.21M sold.
- 23 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q2 2015, down from 24 in Q1 2015.
- Funds reported $39M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q2 2015, down 1.9% quarter-over-quarter.
- 2 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q2 2015 and 3 closed out, a net change of -1 holder.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q2 2015 was Karpus Investment Management, an estimated $4.32M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q2 2015 was Rivernorth Capital Management, an estimated $3.21M sold.
Based on aggregated 13F filings for Q2 2015.