NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
40 hedge funds and large institutions have $61.7M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 0 closing their positions.
8% more funds holding
Funds holding: 37 → 40 (+3)
3% more capital invested
Capital invested by funds: $60M → $61.7M (+$1.68M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.36M |
| 2 |
RVPG
Relative Value Partners Group
|
+$1.06M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$471K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$210K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.33M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$390K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$358K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$323K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$281K |
NIQ Hedge Fund Activity: Q4 2020 in Review
40 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q4 2020, worth a combined $61.7M — up 2.8% from $60M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NIQ positions and 0 closed out — a net gain of 3 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.36M. The largest seller was Bank of America, cutting an estimated $1.33M.
- 40 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q4 2020, up from 37 in Q3 2020.
- Funds reported $61.7M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q4 2020, up 2.8% quarter-over-quarter.
- 3 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q4 2020 and 0 closed out, a net change of +3 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q4 2020 was Morgan Stanley, an estimated $1.36M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q4 2020 was Bank of America, an estimated $1.33M sold.
Based on aggregated 13F filings for Q4 2020.