NUVEEN INVESTMENT QLTY MUNI FD
NQM
NQM was delisted on the 9th of September, 2016.
60 hedge funds and large institutions have $30.2M invested in NUVEEN INVESTMENT QLTY MUNI FD in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
33% more funds holding
Funds holding: 45 → 60 (+15)
8% more capital invested
Capital invested by funds: $27.9M → $30.2M (+$2.31M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.38M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.31M |
| 3 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$1.16M |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$877K |
| 5 |
GCM
Gruss Capital Management
New York
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.13M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$1.99M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$827K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$351K |
| 5 |
Morgan Stanley
New York
|
-$349K |
NQM Hedge Fund Activity: Q4 2013 in Review
60 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INVESTMENT QLTY MUNI FD (NQM) for Q4 2013, worth a combined $30.2M — up 8.3% from $27.9M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NQM positions and 7 closed out — a net gain of 15 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.38M. The largest seller was Guggenheim Capital, cutting an estimated $2.13M.
- 60 institutional investors held NUVEEN INVESTMENT QLTY MUNI FD (NQM) as of Q4 2013, up from 45 in Q3 2013.
- Funds reported $30.2M of NUVEEN INVESTMENT QLTY MUNI FD stock for Q4 2013, up 8.3% quarter-over-quarter.
- 22 funds opened new NUVEEN INVESTMENT QLTY MUNI FD positions in Q4 2013 and 7 closed out, a net change of +15 holders.
- The largest NUVEEN INVESTMENT QLTY MUNI FD buyer in Q4 2013 was Rivernorth Capital Management, an estimated $1.38M added.
- The largest NUVEEN INVESTMENT QLTY MUNI FD seller in Q4 2013 was Guggenheim Capital, an estimated $2.13M sold.
Based on aggregated 13F filings for Q4 2013.