NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
40 hedge funds and large institutions have $48.3M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 8 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0.92% more ownership
Funds ownership: 26.26% → 27.18% (+0.92%)
4% less capital invested
Capital invested by funds: $50.6M → $48.3M (-$2.24M)
9% less funds holding
Funds holding: 44 → 40 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.04M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$552K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$362K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
+$199K |
| 5 |
LPL Financial
San Diego,
California
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$507K |
| 2 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$190K |
| 3 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$166K |
| 4 |
VanEck Associates
New York
|
-$164K |
| 5 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$163K |
NIQ Hedge Fund Activity: Q1 2022 in Review
40 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q1 2022, worth a combined $48.3M — down 4.4% from $50.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NIQ and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $2.04M. The largest seller was Relative Value Partners Group, cutting an estimated $507K.
- 40 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q1 2022, down from 44 in Q4 2021.
- Funds reported $48.3M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q1 2022, down 4.4% quarter-over-quarter.
- 4 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q1 2022 and 8 closed out, a net change of -4 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q1 2022 was Morgan Stanley, an estimated $2.04M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q1 2022 was Relative Value Partners Group, an estimated $507K sold.
Based on aggregated 13F filings for Q1 2022.