NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
23 hedge funds and large institutions have $44.1M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
10% more funds holding
Funds holding: 21 → 23 (+2)
9% more capital invested
Capital invested by funds: $40.7M → $44.1M (+$3.48M)
1.21% more ownership
Funds ownership: 24.95% → 26.17% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.21M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$515K |
| 3 |
HK
Horizon Kinetics
New York
|
+$320K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$315K |
| 5 |
LPL Financial
San Diego,
California
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$330K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$193K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$188K |
| 4 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$105K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
-$41.6K |
NIQ Hedge Fund Activity: Q4 2015 in Review
23 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q4 2015, worth a combined $44.1M — up 8.6% from $40.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.21M. The largest seller was Financial & Investment Management Group, cutting an estimated $330K.
- 23 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q4 2015, up from 21 in Q3 2015.
- Funds reported $44.1M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q4 2015, up 8.6% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q4 2015 and 2 closed out, a net change of +2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q4 2015 was Karpus Investment Management, an estimated $1.21M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q4 2015 was Financial & Investment Management Group, an estimated $330K sold.
Based on aggregated 13F filings for Q4 2015.