NUVEEN INVESTMENT QLTY MUNI FD
NQM
NQM was delisted on the 9th of September, 2016.
57 hedge funds and large institutions have $27.9M invested in NUVEEN INVESTMENT QLTY MUNI FD in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 8
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $25.3M → $27.9M (+$2.59M)
8% more funds holding
Funds holding: 53 → 57 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
+$339K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$313K |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$245K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$228K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$299K |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
-$287K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$225K |
| 4 |
EAM
Evanson Asset Management
Carmel,
California
|
-$149K |
| 5 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$76.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
First Manhattan
New York
| $15K | +$8.7K | +583 | +130% |
|
|
DLG
52
Daniel L. Goodwin
| $15K | +$14.9K | +1,000 | New |
|
53
Citigroup
New York
| $13K | +$8.37K | +561 | +194% |
|
|
KTC
54
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $10K | – | – | – |
|
|
FMII
55
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $8K | -$30 | -2 | -0.4% |
|
|
VIA
56
Vantage Investment Advisors
State College,
Pennsylvania
| $8K | +$119 | +8 | +2% |
|
57
Northern Trust
Chicago,
Illinois
| $3K | – | – | – |
|
|
OFG
58
OTA Financial Group
Purchase,
New York
| – | -$287K | -19,557 | Closed |
|
|
EAM
59
Evanson Asset Management
Carmel,
California
| – | -$149K | -10,000 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$67K | -4,523 | Closed |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$18K | -1,200 | Closed |
|
|
RIA
62
Regal Investment Advisors
Kentwood,
Michigan
| – | -$8K | -550 | Closed |
|
NQM Hedge Fund Activity: Q4 2014 in Review
57 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INVESTMENT QLTY MUNI FD (NQM) for Q4 2014, worth a combined $27.9M — up 10% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NQM positions and 5 closed out — a net gain of 5 holders — while 24 added to existing stakes and 8 trimmed.
The largest buyer was Northeast Financial Consultants, opening a new position worth an estimated $339K. The largest seller was AQR Capital Management, cutting an estimated $299K.
- 57 institutional investors held NUVEEN INVESTMENT QLTY MUNI FD (NQM) as of Q4 2014, up from 53 in Q3 2014.
- Funds reported $27.9M of NUVEEN INVESTMENT QLTY MUNI FD stock for Q4 2014, up 10% quarter-over-quarter.
- 10 funds opened new NUVEEN INVESTMENT QLTY MUNI FD positions in Q4 2014 and 5 closed out, a net change of +5 holders.
- The largest NUVEEN INVESTMENT QLTY MUNI FD buyer in Q4 2014 was Northeast Financial Consultants, an estimated $339K added.
- The largest NUVEEN INVESTMENT QLTY MUNI FD seller in Q4 2014 was AQR Capital Management, an estimated $299K sold.
Based on aggregated 13F filings for Q4 2014.