NUVEEN NJ INVT QUALITY MUNI FD
NQJ
NQJ was delisted on the 7th of November, 2014.
28 hedge funds and large institutions have $14.1M invested in NUVEEN NJ INVT QUALITY MUNI FD in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 4 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
21% more capital invested
Capital invested by funds: $11.6M → $14.1M (+$2.46M)
4% more funds holding
Funds holding: 27 → 28 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HS
HighVista Strategies
Boston,
Massachusetts
|
+$1.1M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$360K |
| 3 |
Morgan Stanley
New York
|
+$216K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$181K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$231K |
| 2 |
GGPS
Gary Goldberg Planning Services
Suffern,
New York
|
-$109K |
| 3 |
LPL Financial
San Diego,
California
|
-$99.3K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$95.2K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$48.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $18K | -$16.5K | -1,297 | -48% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $16K | +$8.16K | +643 | +103% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $3K | -$2.54K | -200 | -50% |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$231K | -17,963 | Closed |
|
|
GGPS
30
Gary Goldberg Planning Services
Suffern,
New York
| – | -$109K | -8,453 | Closed |
|
|
FANJ
31
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$21K | -1,596 | Closed |
|
32
Citigroup
New York
| – | -$17K | -1,333 | Closed |
|
NQJ Hedge Fund Activity: Q4 2013 in Review
28 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NUVEEN NJ INVT QUALITY MUNI FD (NQJ) for Q4 2013, worth a combined $14.1M — up 21% from $11.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NQJ positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was HighVista Strategies, opening a new position worth an estimated $1.1M. The largest seller was TFS Capital, exiting entirely with an estimated $231K sold.
- 28 institutional investors held NUVEEN NJ INVT QUALITY MUNI FD (NQJ) as of Q4 2013, up from 27 in Q3 2013.
- Funds reported $14.1M of NUVEEN NJ INVT QUALITY MUNI FD stock for Q4 2013, up 21% quarter-over-quarter.
- 5 funds opened new NUVEEN NJ INVT QUALITY MUNI FD positions in Q4 2013 and 4 closed out, a net change of +1 holder.
- The largest NUVEEN NJ INVT QUALITY MUNI FD buyer in Q4 2013 was HighVista Strategies, an estimated $1.1M added.
- The largest NUVEEN NJ INVT QUALITY MUNI FD seller in Q4 2013 was TFS Capital, an estimated $231K sold.
Based on aggregated 13F filings for Q4 2013.