NUVEEN QUALITY MUNICIPAL FUND INC
NQI
NQI was delisted on the 8th of April, 2016.
61 hedge funds and large institutions have $78M invested in NUVEEN QUALITY MUNICIPAL FUND INC in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 9 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 65 → 61 (-4)
12% less capital invested
Capital invested by funds: $88.4M → $78M (-$10.5M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.11M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.18M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$483K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$400K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.81M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$4.59M |
| 3 |
OHA
Oak Hill Advisors
New York
|
-$3.41M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.89M |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.56M |
NQI Hedge Fund Activity: Q1 2015 in Review
61 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY MUNICIPAL FUND INC (NQI) for Q1 2015, worth a combined $78M — down 12% from $88.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NQI and 5 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 18 added.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $2.11M. The largest seller was Karpus Investment Management, cutting an estimated $5.81M.
- 61 institutional investors held NUVEEN QUALITY MUNICIPAL FUND INC (NQI) as of Q1 2015, down from 65 in Q4 2014.
- Funds reported $78M of NUVEEN QUALITY MUNICIPAL FUND INC stock for Q1 2015, down 12% quarter-over-quarter.
- 5 funds opened new NUVEEN QUALITY MUNICIPAL FUND INC positions in Q1 2015 and 9 closed out, a net change of -4 holders.
- The largest NUVEEN QUALITY MUNICIPAL FUND INC buyer in Q1 2015 was Sit Investment Associates, an estimated $2.11M added.
- The largest NUVEEN QUALITY MUNICIPAL FUND INC seller in Q1 2015 was Karpus Investment Management, an estimated $5.81M sold.
Based on aggregated 13F filings for Q1 2015.