NUVEEN QUALITY INCOME MUNI FD
NQU
NQU was delisted on the 8th of April, 2016.
77 hedge funds and large institutions have $107M invested in NUVEEN QUALITY INCOME MUNI FD in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 35 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
13% more funds holding
Funds holding: 68 → 77 (+9)
8% less capital invested
Capital invested by funds: $116M → $107M (-$9.58M)
63% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$3.66M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.85M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.13M |
| 4 |
DMAM
Del Mar Asset Management
New York
|
+$1.04M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$945K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.58M |
| 2 |
LPL Financial
San Diego,
California
|
-$3.17M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.75M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.34M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northern Trust
Chicago,
Illinois
| $3K | – | – | – |
|
|
LNB
77
Ledyard National Bank
| $3K | +$3.12K | +225 | New |
|
|
GCM
78
Gruss Capital Management
New York
| – | -$243K | -17,719 | Closed |
|
|
WAM
79
Wolverine Asset Management
Chicago,
Illinois
| – | -$180K | -13,185 | Closed |
|
|
CFA
80
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$20K | -1,466 | Closed |
|
81
M&T Bank
Buffalo,
New York
| – | -$10K | -710 | Closed |
|
NQU Hedge Fund Activity: Q3 2014 in Review
77 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY INCOME MUNI FD (NQU) for Q3 2014, worth a combined $107M — down 8.2% from $116M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NQU positions and 5 closed out — a net gain of 9 holders — while 13 added to existing stakes and 35 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $3.66M. The largest seller was Karpus Investment Management, cutting an estimated $8.58M.
- 77 institutional investors held NUVEEN QUALITY INCOME MUNI FD (NQU) as of Q3 2014, up from 68 in Q2 2014.
- Funds reported $107M of NUVEEN QUALITY INCOME MUNI FD stock for Q3 2014, down 8.2% quarter-over-quarter.
- 14 funds opened new NUVEEN QUALITY INCOME MUNI FD positions in Q3 2014 and 5 closed out, a net change of +9 holders.
- The largest NUVEEN QUALITY INCOME MUNI FD buyer in Q3 2014 was Mackay Shields LLC, an estimated $3.66M added.
- The largest NUVEEN QUALITY INCOME MUNI FD seller in Q3 2014 was Karpus Investment Management, an estimated $8.58M sold.
Based on aggregated 13F filings for Q3 2014.