NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
39 hedge funds and large institutions have $62.8M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
10% more capital invested
Capital invested by funds: $57M → $62.8M (+$5.79M)
5% more funds holding
Funds holding: 37 → 39 (+2)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.61M |
| 2 |
BlackRock
New York
|
+$1.02M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$373K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$345K |
| 5 |
LPL Financial
San Diego,
California
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.04M |
| 2 |
Morgan Stanley
New York
|
-$519K |
| 3 |
RVPG
Relative Value Partners Group
|
-$515K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
-$175K |
| 5 |
HF
HRT Financial
New York
|
-$139K |
NIQ Hedge Fund Activity: Q2 2020 in Review
39 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q2 2020, worth a combined $62.8M — up 10% from $57M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NIQ positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.61M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.04M sold.
- 39 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q2 2020, up from 37 in Q1 2020.
- Funds reported $62.8M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q2 2020, up 10% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q2 2020 and 2 closed out, a net change of +2 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q2 2020 was Wells Fargo, an estimated $1.61M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q2 2020 was Rivernorth Capital Management, an estimated $1.04M sold.
Based on aggregated 13F filings for Q2 2020.