NUVEEN QUALITY MUNICIPAL FUND INC
NQI
NQI was delisted on the 8th of April, 2016.
65 hedge funds and large institutions have $88.4M invested in NUVEEN QUALITY MUNICIPAL FUND INC in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
12% more capital invested
Capital invested by funds: $79M → $88.4M (+$9.44M)
7% more funds holding
Funds holding: 61 → 65 (+4)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$2.14M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.88M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.04M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$260K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.03M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$943K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$863K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$573K |
| 5 |
Morgan Stanley
New York
|
-$520K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| – | -$15K | -1,133 | Closed |
|
|
RFA
77
Reilly Financial Advisors
La Mesa,
California
| – | -$1K | -83 | Closed |
|
NQI Hedge Fund Activity: Q4 2014 in Review
65 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY MUNICIPAL FUND INC (NQI) for Q4 2014, worth a combined $88.4M — up 12% from $79M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NQI positions and 12 closed out — a net gain of 5 holders — while 14 added to existing stakes and 14 trimmed.
The largest buyer was Newgate Capital Management, opening a new position worth an estimated $2.14M. The largest seller was Karpus Investment Management, cutting an estimated $1.03M.
- 65 institutional investors held NUVEEN QUALITY MUNICIPAL FUND INC (NQI) as of Q4 2014, up from 61 in Q3 2014.
- Funds reported $88.4M of NUVEEN QUALITY MUNICIPAL FUND INC stock for Q4 2014, up 12% quarter-over-quarter.
- 17 funds opened new NUVEEN QUALITY MUNICIPAL FUND INC positions in Q4 2014 and 12 closed out, a net change of +5 holders.
- The largest NUVEEN QUALITY MUNICIPAL FUND INC buyer in Q4 2014 was Newgate Capital Management, an estimated $2.14M added.
- The largest NUVEEN QUALITY MUNICIPAL FUND INC seller in Q4 2014 was Karpus Investment Management, an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2014.