NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
24 hedge funds and large institutions have $43.5M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 23 → 24 (+1)
1% less capital invested
Capital invested by funds: $44.1M → $43.5M (-$654K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$1.19M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$425K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$422K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$287K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.83M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$317K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$292K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$227K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$31.7K |
NIQ Hedge Fund Activity: Q1 2016 in Review
24 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2016, worth a combined $43.5M — down 1.5% from $44.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Horizon Kinetics, adding an estimated $1.19M. The largest seller was Karpus Investment Management, cutting an estimated $4.83M.
- 24 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2016, up from 23 in Q4 2015.
- Funds reported $43.5M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2016, down 1.5% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2016 and 3 closed out, a net change of +1 holder.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2016 was Horizon Kinetics, an estimated $1.19M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2016 was Karpus Investment Management, an estimated $4.83M sold.
Based on aggregated 13F filings for Q1 2016.