NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
21 hedge funds and large institutions have $40.7M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2015 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 2 closing their positions.
4% more capital invested
Capital invested by funds: $39M → $40.7M (+$1.67M)
0.62% more ownership
Funds ownership: 24.33% → 24.95% (+0.62%)
9% less funds holding
Funds holding: 23 → 21 (-2)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.99M |
| 2 |
Morgan Stanley
New York
|
+$210K |
| 3 |
UR
USCA RIA
Houston,
Texas
|
+$98.4K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$65.2K |
| 5 |
Citigroup
New York
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.05M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$450K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$385K |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$130K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$91.7K |
NIQ Hedge Fund Activity: Q3 2015 in Review
21 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q3 2015, worth a combined $40.7M — up 4.3% from $39M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NIQ and 0 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.99M. The largest seller was Financial & Investment Management Group, cutting an estimated $1.05M.
- 21 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q3 2015, down from 23 in Q2 2015.
- Funds reported $40.7M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q3 2015, up 4.3% quarter-over-quarter.
- 0 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q3 2015 and 2 closed out, a net change of -2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q3 2015 was Karpus Investment Management, an estimated $2.99M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q3 2015 was Financial & Investment Management Group, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2015.