NUVEEN QUALITY INCOME MUNI FD
NQU
NQU was delisted on the 8th of April, 2016.
74 hedge funds and large institutions have $120M invested in NUVEEN QUALITY INCOME MUNI FD in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 15 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
3% more capital invested
Capital invested by funds: $117M → $120M (+$2.93M)
9% less funds holding
Funds holding: 81 → 74 (-7)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.19M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.19M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$683K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$583K |
| 5 |
GCM
Gruss Capital Management
New York
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.33M |
| 2 |
Morgan Stanley
New York
|
-$1.79M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.76M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.42M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$919K |
NQU Hedge Fund Activity: Q1 2014 in Review
74 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in NUVEEN QUALITY INCOME MUNI FD (NQU) for Q1 2014, worth a combined $120M — up 2.5% from $117M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NQU and 8 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Mackay Shields LLC, adding an estimated $1.19M. The largest seller was Invesco, cutting an estimated $2.33M.
- 74 institutional investors held NUVEEN QUALITY INCOME MUNI FD (NQU) as of Q1 2014, down from 81 in Q4 2013.
- Funds reported $120M of NUVEEN QUALITY INCOME MUNI FD stock for Q1 2014, up 2.5% quarter-over-quarter.
- 8 funds opened new NUVEEN QUALITY INCOME MUNI FD positions in Q1 2014 and 15 closed out, a net change of -7 holders.
- The largest NUVEEN QUALITY INCOME MUNI FD buyer in Q1 2014 was Mackay Shields LLC, an estimated $1.19M added.
- The largest NUVEEN QUALITY INCOME MUNI FD seller in Q1 2014 was Invesco, an estimated $2.33M sold.
Based on aggregated 13F filings for Q1 2014.