NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $18.4M invested in NUVEEN ELECT TAX-FREE INC 2 in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
11% more capital invested
Capital invested by funds: $16.6M → $18.4M (+$1.81M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.01M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$279K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$154K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$105K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$79.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$412K |
| 2 |
SI
SII Investments
Appleton,
Wisconsin
|
-$268K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$151K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$102K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$94K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $109K | – | – | – |
|
|
TCM
27
Tradewinds Capital Management
Bellingham,
Washington
| $34K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $26K | – | – | – |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $24K | -$6.72K | -500 | -22% |
|
|
BC
30
Bartlett & Co
Cincinnati,
Ohio
| $10K | – | – | – |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
FMP
32
Financial Management Professionals
Austin,
Texas
| $10K | – | – | – |
|
|
AIG
33
American International Group
New York
| $9.18K | – | – | – |
|
|
NES
34
New England Securities
New York
| $9K | – | – | – |
|
|
KA
35
Klingman & Associates
New York
| $5K | +$5.35K | +398 | New |
|
36
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
KIM
37
Karpus Investment Management
Pittsford,
New York
| – | -$412K | -31,123 | Closed |
|
|
SI
38
SII Investments
Appleton,
Wisconsin
| – | -$268K | -20,188 | Closed |
|
39
First Manhattan
New York
| – | -$16K | -1,212 | Closed |
|
|
MPWT
40
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$53 | -4 | Closed |
|
NXQ Hedge Fund Activity: Q4 2014 in Review
35 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q4 2014, worth a combined $18.4M — up 11% from $16.6M a quarter earlier.
Fund positioning in NXQ was balanced in Q4 2014: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 8 trimmed.
The largest buyer was Newgate Capital Management, opening a new position worth an estimated $1.01M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $412K sold.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q4 2014, down from 36 in Q3 2014.
- Funds reported $18.4M of NUVEEN ELECT TAX-FREE INC 2 stock for Q4 2014, up 11% quarter-over-quarter.
- 4 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q4 2014 and 4 closed out, a net change of 0 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q4 2014 was Newgate Capital Management, an estimated $1.01M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q4 2014 was Karpus Investment Management, an estimated $412K sold.
Based on aggregated 13F filings for Q4 2014.