NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
38 hedge funds and large institutions have $33.7M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
6% more funds holding
Funds holding: 36 → 38 (+2)
4% more capital invested
Capital invested by funds: $32.4M → $33.7M (+$1.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.05M |
| 2 |
Morgan Stanley
New York
|
+$890K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$263K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$220K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$598K |
| 2 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
-$508K |
| 3 |
LPL Financial
San Diego,
California
|
-$194K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$155K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$104K |
NIQ Hedge Fund Activity: Q2 2018 in Review
38 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q2 2018, worth a combined $33.7M — up 3.8% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 2 closed out — a net gain of 2 holders — while 16 added to existing stakes and 11 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.05M. The largest seller was Wells Fargo, cutting an estimated $598K.
- 38 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q2 2018, up from 36 in Q1 2018.
- Funds reported $33.7M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q2 2018, up 3.8% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q2 2018 and 2 closed out, a net change of +2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q2 2018 was Rivernorth Capital Management, an estimated $1.05M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q2 2018 was Wells Fargo, an estimated $598K sold.
Based on aggregated 13F filings for Q2 2018.