NUVEEN QUALITY INCOME MUNI FD
NQU
NQU was delisted on the 8th of April, 2016.
75 hedge funds and large institutions have $90M invested in NUVEEN QUALITY INCOME MUNI FD in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 17 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $92.1M → $90M (-$2.06M)
15% less funds holding
Funds holding: 88 → 75 (-13)
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.75M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.36M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$984K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$940K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.51M |
| 2 |
MSL
Mackay Shields LLC
New York
|
-$1.25M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.16M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.07M |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.06M |
NQU Hedge Fund Activity: Q1 2016 in Review
75 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY INCOME MUNI FD (NQU) for Q1 2016, worth a combined $90M — down 2.2% from $92.1M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NQU and 6 opened new positions — a net loss of 11 holders — while 15 trimmed existing stakes and 27 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.75M. The largest seller was Karpus Investment Management, cutting an estimated $4.51M.
- 75 institutional investors held NUVEEN QUALITY INCOME MUNI FD (NQU) as of Q1 2016, down from 88 in Q4 2015.
- Funds reported $90M of NUVEEN QUALITY INCOME MUNI FD stock for Q1 2016, down 2.2% quarter-over-quarter.
- 6 funds opened new NUVEEN QUALITY INCOME MUNI FD positions in Q1 2016 and 17 closed out, a net change of -11 holders.
- The largest NUVEEN QUALITY INCOME MUNI FD buyer in Q1 2016 was Guggenheim Capital, an estimated $1.75M added.
- The largest NUVEEN QUALITY INCOME MUNI FD seller in Q1 2016 was Karpus Investment Management, an estimated $4.51M sold.
Based on aggregated 13F filings for Q1 2016.