NUVEEN NJ INVT QUALITY MUNI FD
NQJ
NQJ was delisted on the 7th of November, 2014.
27 hedge funds and large institutions have $11.6M invested in NUVEEN NJ INVT QUALITY MUNI FD in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
17% more funds holding
Funds holding: 23 → 27 (+4)
9% less capital invested
Capital invested by funds: $12.8M → $11.6M (-$1.12M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$257K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$231K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$157K |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$153K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$84.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$429K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$290K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$218K |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$168K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$82.8K |
NQJ Hedge Fund Activity: Q3 2013 in Review
27 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NUVEEN NJ INVT QUALITY MUNI FD (NQJ) for Q3 2013, worth a combined $11.6M — down 8.8% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NQJ positions and 2 closed out — a net gain of 4 holders — while 4 added to existing stakes and 10 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $257K. The largest seller was Guggenheim Capital, cutting an estimated $429K.
- 27 institutional investors held NUVEEN NJ INVT QUALITY MUNI FD (NQJ) as of Q3 2013, up from 23 in Q2 2013.
- Funds reported $11.6M of NUVEEN NJ INVT QUALITY MUNI FD stock for Q3 2013, down 8.8% quarter-over-quarter.
- 6 funds opened new NUVEEN NJ INVT QUALITY MUNI FD positions in Q3 2013 and 2 closed out, a net change of +4 holders.
- The largest NUVEEN NJ INVT QUALITY MUNI FD buyer in Q3 2013 was Karpus Investment Management, an estimated $257K added.
- The largest NUVEEN NJ INVT QUALITY MUNI FD seller in Q3 2013 was Guggenheim Capital, an estimated $429K sold.
Based on aggregated 13F filings for Q3 2013.