NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
NIQ was delisted on the 23rd of June, 2023.
44 hedge funds and large institutions have $55.5M invested in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
15% more capital invested
Capital invested by funds: $48.3M → $55.5M (+$7.19M)
13% more funds holding
Funds holding: 39 → 44 (+5)
3.08% more ownership
Funds ownership: 30.83% → 33.91% (+3.1%)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.15M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.39M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$983K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$525K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$1.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$712K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$632K |
| 4 |
Morgan Stanley
New York
|
-$544K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$188K |
NIQ Hedge Fund Activity: Q4 2022 in Review
44 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) for Q4 2022, worth a combined $55.5M — up 15% from $48.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NIQ positions and 3 closed out — a net gain of 5 holders — while 14 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.15M. The largest seller was HighTower Advisors, cutting an estimated $1.1M.
- 44 institutional investors held NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND (NIQ) as of Q4 2022, up from 39 in Q3 2022.
- Funds reported $55.5M of NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND stock for Q4 2022, up 15% quarter-over-quarter.
- 8 funds opened new NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND positions in Q4 2022 and 3 closed out, a net change of +5 holders.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND buyer in Q4 2022 was Karpus Investment Management, an estimated $3.15M added.
- The largest NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND seller in Q4 2022 was HighTower Advisors, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2022.