NUVEEN NJ INVT QUALITY MUNI FD
NQJ
NQJ was delisted on the 7th of November, 2014.
28 hedge funds and large institutions have $16.4M invested in NUVEEN NJ INVT QUALITY MUNI FD in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 3 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
2% more capital invested
Capital invested by funds: $16.1M → $16.4M (+$340K)
3% less funds holding
Funds holding: 29 → 28 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$854K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$541K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$272K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$182K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$373K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$266K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$215K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$185K |
| 5 |
PA
Pinnacle Associates
New York
|
-$163K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $32K | +$5.33K | +397 | +20% |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $30K | -$73.9K | -5,500 | -70% |
|
|
JIC
28
Joel Isaacson & Co
New York
| $13K | – | – | – |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$373K | -27,160 | Closed |
|
|
PA
30
Pinnacle Associates
New York
| – | -$163K | -11,850 | Closed |
|
|
1IC
31
1919 Investment Counsel
Baltimore,
Maryland
| – | -$21K | -1,510 | Closed |
|
NQJ Hedge Fund Activity: Q3 2014 in Review
28 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in NUVEEN NJ INVT QUALITY MUNI FD (NQJ) for Q3 2014, worth a combined $16.4M — up 2.1% from $16.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NQJ and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 9 added.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $854K. The largest seller was TFS Capital, exiting entirely with an estimated $373K sold.
- 28 institutional investors held NUVEEN NJ INVT QUALITY MUNI FD (NQJ) as of Q3 2014, down from 29 in Q2 2014.
- Funds reported $16.4M of NUVEEN NJ INVT QUALITY MUNI FD stock for Q3 2014, up 2.1% quarter-over-quarter.
- 2 funds opened new NUVEEN NJ INVT QUALITY MUNI FD positions in Q3 2014 and 3 closed out, a net change of -1 holder.
- The largest NUVEEN NJ INVT QUALITY MUNI FD buyer in Q3 2014 was Doliver Advisors, an estimated $854K added.
- The largest NUVEEN NJ INVT QUALITY MUNI FD seller in Q3 2014 was TFS Capital, an estimated $373K sold.
Based on aggregated 13F filings for Q3 2014.