NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
36 hedge funds and large institutions have $16.6M invested in NUVEEN ELECT TAX-FREE INC 2 in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 3 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 35 → 36 (+1)
5% less capital invested
Capital invested by funds: $17.5M → $16.6M (-$898K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$236K |
| 2 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$199K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$136K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
+$132K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$639K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$539K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$172K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$88.1K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$48.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $106K | – | – | – |
|
|
TCM
27
Tradewinds Capital Management
Bellingham,
Washington
| $33K | – | – | – |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $30K | – | – | – |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $25K | +$25.4K | +1,900 | New |
|
30
First Manhattan
New York
| $16K | – | – | – |
|
|
BC
31
Bartlett & Co
Cincinnati,
Ohio
| $9K | – | – | – |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $9K | – | – | – |
|
|
FMP
33
Financial Management Professionals
Austin,
Texas
| $9K | – | – | – |
|
|
NES
34
New England Securities
New York
| $9K | – | – | – |
|
|
AIG
35
American International Group
New York
| $8.93K | +$5.01K | +375 | +125% |
|
36
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
MPWT
37
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $53 | +$53 | +4 | New |
|
|
FAAS
38
First Allied Advisory Services
San Diego,
California
| – | -$639K | -46,725 | Closed |
|
|
MFS
39
MSI Financial Services
Springfield,
Massachusetts
| – | -$172K | -12,606 | Closed |
|
40
Citigroup
New York
| – | -$6K | -451 | Closed |
|
NXQ Hedge Fund Activity: Q3 2014 in Review
36 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q3 2014, worth a combined $16.6M — down 5.1% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NXQ positions and 3 closed out — a net gain of 1 holder — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $236K. The largest seller was First Allied Advisory Services, exiting entirely with an estimated $639K sold.
- 36 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q3 2014, up from 35 in Q2 2014.
- Funds reported $16.6M of NUVEEN ELECT TAX-FREE INC 2 stock for Q3 2014, down 5.1% quarter-over-quarter.
- 4 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q3 2014 and 3 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q3 2014 was Landscape Capital Management, an estimated $236K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q3 2014 was First Allied Advisory Services, an estimated $639K sold.
Based on aggregated 13F filings for Q3 2014.