NUVEEN INVESTMENT QLTY MUNI FD
NQM
NQM was delisted on the 9th of September, 2016.
49 hedge funds and large institutions have $29.1M invested in NUVEEN INVESTMENT QLTY MUNI FD in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 9 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
5% more capital invested
Capital invested by funds: $27.7M → $29.1M (+$1.43M)
11% less funds holding
Funds holding: 55 → 49 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.42M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$609K |
| 3 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
+$357K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$301K |
| 5 |
VanEck Associates
New York
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$670K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$604K |
| 3 |
SG Americas Securities
New York
|
-$457K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$232K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$200K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
First Trust Advisors
Wheaton,
Illinois
| – | -$604K | -39,148 | Closed |
|
|
52
SG Americas Securities
New York
| – | -$457K | -29,651 | Closed |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$200K | -13,000 | Closed |
|
54
Squarepoint
New York
| – | -$187K | -12,100 | Closed |
|
|
GBA
55
Garrison Bradford & Associates
New York
| – | -$154K | -10,000 | Closed |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| – | -$150K | -9,760 | Closed |
|
|
SIA
57
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$30K | -1,945 | Closed |
|
|
DLG
58
Daniel L. Goodwin
| – | -$15K | -1,000 | Closed |
|
NQM Hedge Fund Activity: Q1 2016 in Review
49 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN INVESTMENT QLTY MUNI FD (NQM) for Q1 2016, worth a combined $29.1M — up 5.1% from $27.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NQM and 3 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 19 added.
The largest buyer was LPL Financial, adding an estimated $1.42M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $670K sold.
- 49 institutional investors held NUVEEN INVESTMENT QLTY MUNI FD (NQM) as of Q1 2016, down from 55 in Q4 2015.
- Funds reported $29.1M of NUVEEN INVESTMENT QLTY MUNI FD stock for Q1 2016, up 5.1% quarter-over-quarter.
- 3 funds opened new NUVEEN INVESTMENT QLTY MUNI FD positions in Q1 2016 and 9 closed out, a net change of -6 holders.
- The largest NUVEEN INVESTMENT QLTY MUNI FD buyer in Q1 2016 was LPL Financial, an estimated $1.42M added.
- The largest NUVEEN INVESTMENT QLTY MUNI FD seller in Q1 2016 was Laurion Capital Management, an estimated $670K sold.
Based on aggregated 13F filings for Q1 2016.