NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
37 hedge funds and large institutions have $33M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
2% less capital invested
Capital invested by funds: $33.7M → $33M (-$694K)
3% less funds holding
Funds holding: 38 → 37 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.53M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$492K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$181K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$84.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$79.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.22M |
| 2 |
LPL Financial
San Diego,
California
|
-$167K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$157K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$127K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$108K |
NIQ Hedge Fund Activity: Q3 2018 in Review
37 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q3 2018, worth a combined $33M — down 2.1% from $33.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NIQ and 1 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $2.53M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.22M.
- 37 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q3 2018, down from 38 in Q2 2018.
- Funds reported $33M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q3 2018, down 2.1% quarter-over-quarter.
- 1 fund opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q3 2018 and 2 closed out, a net change of -1 holder.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q3 2018 was Morgan Stanley, an estimated $2.53M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q3 2018 was Rivernorth Capital Management, an estimated $3.22M sold.
Based on aggregated 13F filings for Q3 2018.