NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
41 hedge funds and large institutions have $53.6M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 6 closing their positions.
2.08% less ownership
Funds ownership: 30.02% → 27.94% (-2.1%)
7% less funds holding
Funds holding: 44 → 41 (-3)
9% less capital invested
Capital invested by funds: $58.8M → $53.6M (-$5.24M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$495K |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$168K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$166K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$164K |
| 5 |
CWM
Cadence Wealth Management
Westborough,
Massachusetts
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.09M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$964K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$849K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$523K |
| 5 |
Citigroup
New York
|
-$351K |
NIQ Hedge Fund Activity: Q3 2021 in Review
41 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q3 2021, worth a combined $53.6M — down 8.9% from $58.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NIQ and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 11 added.
The largest buyer was Creative Planning, opening a new position worth an estimated $495K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.09M sold.
- 41 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q3 2021, down from 44 in Q2 2021.
- Funds reported $53.6M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q3 2021, down 8.9% quarter-over-quarter.
- 5 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q3 2021 and 6 closed out, a net change of -1 holder.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q3 2021 was Creative Planning, an estimated $495K added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q3 2021 was Karpus Investment Management, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2021.