NUVEEN NJ INVT QUALITY MUNI FD
NQJ
NQJ was delisted on the 7th of November, 2014.
28 hedge funds and large institutions have $15M invested in NUVEEN NJ INVT QUALITY MUNI FD in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
6% more capital invested
Capital invested by funds: $14.1M → $15M (+$895K)
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$653K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$316K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$144K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$141K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$96.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$358K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$341K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$162K |
| 4 |
SG Americas Securities
New York
|
-$158K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$70.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
26
1919 Investment Counsel
Baltimore,
Maryland
| $21K | – | – | – |
|
|
JIC
27
Joel Isaacson & Co
New York
| $13K | +$13.1K | +1,000 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $7K | +$4.17K | +318 | +159% |
|
|
29
SG Americas Securities
New York
| – | -$158K | -12,261 | Closed |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$18K | -1,391 | Closed |
|
NQJ Hedge Fund Activity: Q1 2014 in Review
28 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in NUVEEN NJ INVT QUALITY MUNI FD (NQJ) for Q1 2014, worth a combined $15M — up 6.3% from $14.1M a quarter earlier.
Fund positioning in NQJ was balanced in Q1 2014: 2 funds opened new positions, 2 closed out, 11 added to existing stakes and 6 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $653K. The largest seller was Bank of America, cutting an estimated $358K.
- 28 institutional investors held NUVEEN NJ INVT QUALITY MUNI FD (NQJ) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $15M of NUVEEN NJ INVT QUALITY MUNI FD stock for Q1 2014, up 6.3% quarter-over-quarter.
- 2 funds opened new NUVEEN NJ INVT QUALITY MUNI FD positions in Q1 2014 and 2 closed out, a net change of 0 holders.
- The largest NUVEEN NJ INVT QUALITY MUNI FD buyer in Q1 2014 was Wolverine Asset Management, an estimated $653K added.
- The largest NUVEEN NJ INVT QUALITY MUNI FD seller in Q1 2014 was Bank of America, an estimated $358K sold.
Based on aggregated 13F filings for Q1 2014.