NUVEEN SELECT QUALITY MUNI FD
NQS
NQS was delisted on the 9th of September, 2016.
56 hedge funds and large institutions have $81.7M invested in NUVEEN SELECT QUALITY MUNI FD in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 9 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
30% more capital invested
Capital invested by funds: $62.8M → $81.7M (+$18.9M)
7% less funds holding
Funds holding: 60 → 56 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$13M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$2.9M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.72M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.43M |
| 5 |
Morgan Stanley
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.46M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.15M |
| 3 |
GCM
Gruss Capital Management
New York
|
-$409K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$361K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
51
Highlander Capital Management
Short Hills,
New Jersey
| $18K | – | – | – |
|
52
M&T Bank
Buffalo,
New York
| $6K | – | – | – |
|
|
WA
53
Winfield Associates
Cleveland,
Ohio
| $6K | – | – | – |
|
|
LTFS
54
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$82 | +6 | +2% |
|
|
BRWA
55
B. Riley Wealth Advisors
Boca Raton,
Florida
| $4.22K | +$4.15K | +305 | New |
|
|
TC
56
TFS Capital
West Chester,
Pennsylvania
| – | -$1.46M | -110,067 | Closed |
|
|
VKH
57
Virtu KCG Holdings
New York
| – | -$183K | -13,818 | Closed |
|
58
AllianceBernstein
Nashville,
Tennessee
| – | -$131K | -9,870 | Closed |
|
|
TF
59
Trutina Financial
Bellevue,
Washington
| – | -$27K | -2,050 | Closed |
|
|
MAS
60
Madden Advisory Services
Jacksonville,
Florida
| – | -$26K | -2,000 | Closed |
|
|
FCCM
61
First City Capital Management
Savannah,
Georgia
| – | -$18.5K | -1,400 | Closed |
|
|
WTB
62
Washington Trust Bank
Spokane,
Washington
| – | -$13K | -950 | Closed |
|
NQS Hedge Fund Activity: Q2 2014 in Review
56 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in NUVEEN SELECT QUALITY MUNI FD (NQS) for Q2 2014, worth a combined $81.7M — up 30% from $62.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NQS and 6 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 22 added.
The largest buyer was Karpus Investment Management, adding an estimated $13M. The largest seller was TFS Capital, exiting entirely with an estimated $1.46M sold.
- 56 institutional investors held NUVEEN SELECT QUALITY MUNI FD (NQS) as of Q2 2014, down from 60 in Q1 2014.
- Funds reported $81.7M of NUVEEN SELECT QUALITY MUNI FD stock for Q2 2014, up 30% quarter-over-quarter.
- 6 funds opened new NUVEEN SELECT QUALITY MUNI FD positions in Q2 2014 and 9 closed out, a net change of -3 holders.
- The largest NUVEEN SELECT QUALITY MUNI FD buyer in Q2 2014 was Karpus Investment Management, an estimated $13M added.
- The largest NUVEEN SELECT QUALITY MUNI FD seller in Q2 2014 was TFS Capital, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2014.