NUVEEN INVESTMENT QLTY MUNI FD
NQM
NQM was delisted on the 9th of September, 2016.
55 hedge funds and large institutions have $27.7M invested in NUVEEN INVESTMENT QLTY MUNI FD in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
19% more capital invested
Capital invested by funds: $23.4M → $27.7M (+$4.32M)
8% more funds holding
Funds holding: 51 → 55 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.85M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$655K |
| 3 |
SG Americas Securities
New York
|
+$447K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$354K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$528K |
| 2 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
-$337K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$194K |
| 4 |
HK
Horizon Kinetics
New York
|
-$90.4K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$50.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KTC
51
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| $10K | – | – | – |
|
|
VIA
52
Vantage Investment Advisors
State College,
Pennsylvania
| $9K | +$121 | +8 | +1% |
|
|
FMII
53
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $4K | -$995 | -66 | -22% |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $3K | -$3.23K | -214 | -54% |
|
55
Northern Trust
Chicago,
Illinois
| $3K | – | – | – |
|
|
GC
56
Guggenheim Capital
Chicago,
Illinois
| – | -$528K | -35,590 | Closed |
|
|
NFC
57
Northeast Financial Consultants
Westport,
Connecticut
| – | -$337K | -22,700 | Closed |
|
|
VKH
58
Virtu KCG Holdings
New York
| – | -$194K | -13,063 | Closed |
|
|
RIA
59
Regal Investment Advisors
Kentwood,
Michigan
| – | -$26K | -1,772 | Closed |
|
NQM Hedge Fund Activity: Q4 2015 in Review
55 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INVESTMENT QLTY MUNI FD (NQM) for Q4 2015, worth a combined $27.7M — up 19% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NQM positions and 4 closed out — a net gain of 4 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.85M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $528K sold.
- 55 institutional investors held NUVEEN INVESTMENT QLTY MUNI FD (NQM) as of Q4 2015, up from 51 in Q3 2015.
- Funds reported $27.7M of NUVEEN INVESTMENT QLTY MUNI FD stock for Q4 2015, up 19% quarter-over-quarter.
- 8 funds opened new NUVEEN INVESTMENT QLTY MUNI FD positions in Q4 2015 and 4 closed out, a net change of +4 holders.
- The largest NUVEEN INVESTMENT QLTY MUNI FD buyer in Q4 2015 was LPL Financial, an estimated $1.85M added.
- The largest NUVEEN INVESTMENT QLTY MUNI FD seller in Q4 2015 was Guggenheim Capital, an estimated $528K sold.
Based on aggregated 13F filings for Q4 2015.