NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
40 hedge funds and large institutions have $59.7M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 3 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
0% more funds holding
Funds holding: 40 → 40 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less capital invested
Capital invested by funds: $61.7M → $59.7M (-$1.97M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.06M |
| 2 |
RVPG
Relative Value Partners Group
|
+$954K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$232K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$204K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.72M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$580K |
| 3 |
Morgan Stanley
New York
|
-$486K |
| 4 |
IAP
Indie Asset Partners
Carmel,
Indiana
|
-$265K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$207K |
NIQ Hedge Fund Activity: Q1 2021 in Review
40 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2021, worth a combined $59.7M — down 3.2% from $61.7M a quarter earlier.
Fund positioning in NIQ was balanced in Q1 2021: 3 funds opened new positions, 3 closed out, 17 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.06M. The largest seller was Karpus Investment Management, cutting an estimated $2.72M.
- 40 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $59.7M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2021, down 3.2% quarter-over-quarter.
- 3 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2021 and 3 closed out, a net change of 0 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2021 was Wells Fargo, an estimated $1.06M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2021 was Karpus Investment Management, an estimated $2.72M sold.
Based on aggregated 13F filings for Q1 2021.