NUVEEN INVESTMENT QLTY MUNI FD
NQM
NQM was delisted on the 9th of September, 2016.
45 hedge funds and large institutions have $27.9M invested in NUVEEN INVESTMENT QLTY MUNI FD in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 10 closing their positions.
5% more capital invested
Capital invested by funds: $26.5M → $27.9M (+$1.36M)
6% less funds holding
Funds holding: 48 → 45 (-3)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$1.94M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$872K |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
+$609K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$381K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$644K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$589K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$334K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$267K |
| 5 |
LPL Financial
San Diego,
California
|
-$225K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$31K | -2,199 | Closed |
|
52
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$28K | -2,000 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$19K | -1,360 | Closed |
|
54
Citigroup
New York
| – | -$10K | -700 | Closed |
|
55
M&T Bank
Buffalo,
New York
| – | -$5K | -333 | Closed |
|
NQM Hedge Fund Activity: Q3 2013 in Review
45 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INVESTMENT QLTY MUNI FD (NQM) for Q3 2013, worth a combined $27.9M — up 5.1% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NQM and 7 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $1.94M. The largest seller was Doliver Advisors, exiting entirely with an estimated $644K sold.
- 45 institutional investors held NUVEEN INVESTMENT QLTY MUNI FD (NQM) as of Q3 2013, down from 48 in Q2 2013.
- Funds reported $27.9M of NUVEEN INVESTMENT QLTY MUNI FD stock for Q3 2013, up 5.1% quarter-over-quarter.
- 7 funds opened new NUVEEN INVESTMENT QLTY MUNI FD positions in Q3 2013 and 10 closed out, a net change of -3 holders.
- The largest NUVEEN INVESTMENT QLTY MUNI FD buyer in Q3 2013 was Fir Tree Capital Management, an estimated $1.94M added.
- The largest NUVEEN INVESTMENT QLTY MUNI FD seller in Q3 2013 was Doliver Advisors, an estimated $644K sold.
Based on aggregated 13F filings for Q3 2013.