NUVEEN INVESTMENT QLTY MUNI FD
NQM
NQM was delisted on the 9th of September, 2016.
50 hedge funds and large institutions have $27.2M invested in NUVEEN INVESTMENT QLTY MUNI FD in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 11 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
3% less capital invested
Capital invested by funds: $27.9M → $27.2M (-$758K)
12% less funds holding
Funds holding: 57 → 50 (-7)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$407K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$277K |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
+$273K |
| 4 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
+$254K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$966K |
| 2 |
Morgan Stanley
New York
|
-$444K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$343K |
| 4 |
AT
Arden Trust
Wilmington,
Delaware
|
-$226K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PPA
51
Parametric Portfolio Associates
Seattle,
Washington
| – | -$343K | -22,524 | Closed |
|
|
AT
52
Arden Trust
Wilmington,
Delaware
| – | -$226K | -14,816 | Closed |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$215K | -14,141 | Closed |
|
|
LSA
54
Liberty Street Advisors
New York
| – | -$212K | -13,946 | Closed |
|
|
RT
55
Reliance Trust
Atlanta,
Georgia
| – | -$181K | -11,937 | Closed |
|
56
AQR Capital Management
Greenwich,
Connecticut
| – | -$172K | -11,289 | Closed |
|
|
NPC
57
National Planning Corporation
El Segundo,
California
| – | -$70.6K | -4,550 | Closed |
|
|
WA
58
WFG Advisors
Dallas,
Texas
| – | -$28K | -1,867 | Closed |
|
|
CFA
59
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$21K | -1,385 | Closed |
|
|
CHC
60
City Holding Co
Charleston,
West Virginia
| – | -$19K | -1,250 | Closed |
|
|
DLG
61
Daniel L. Goodwin
| – | -$15K | -1,000 | Closed |
|
NQM Hedge Fund Activity: Q1 2015 in Review
50 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INVESTMENT QLTY MUNI FD (NQM) for Q1 2015, worth a combined $27.2M — down 2.7% from $27.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NQM and 4 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was Royal Bank of Canada, adding an estimated $407K. The largest seller was Oxbow Advisors, cutting an estimated $966K.
- 50 institutional investors held NUVEEN INVESTMENT QLTY MUNI FD (NQM) as of Q1 2015, down from 57 in Q4 2014.
- Funds reported $27.2M of NUVEEN INVESTMENT QLTY MUNI FD stock for Q1 2015, down 2.7% quarter-over-quarter.
- 4 funds opened new NUVEEN INVESTMENT QLTY MUNI FD positions in Q1 2015 and 11 closed out, a net change of -7 holders.
- The largest NUVEEN INVESTMENT QLTY MUNI FD buyer in Q1 2015 was Royal Bank of Canada, an estimated $407K added.
- The largest NUVEEN INVESTMENT QLTY MUNI FD seller in Q1 2015 was Oxbow Advisors, an estimated $966K sold.
Based on aggregated 13F filings for Q1 2015.