NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $17.5M invested in NUVEEN ELECT TAX-FREE INC 2 in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 35 → 35 (0)
5% less capital invested
Capital invested by funds: $18.4M → $17.5M (-$910K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$774K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$349K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$193K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$153K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$1.01M |
| 2 |
Morgan Stanley
New York
|
-$619K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$474K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$300K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $26K | – | – | – |
|
27
Citigroup
New York
| $26K | +$25.8K | +1,852 | New |
|
|
TNB
28
Thomasville National Bank
Thomasville,
Georgia
| $14K | +$13.9K | +1,000 | New |
|
|
BC
29
Bartlett & Co
Cincinnati,
Ohio
| $10K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | – | – | – |
|
|
FMP
31
Financial Management Professionals
Austin,
Texas
| $10K | – | – | – |
|
|
AIG
32
American International Group
New York
| $9.41K | – | – | – |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| $9K | +$9.37K | +672 | New |
|
|
KA
34
Klingman & Associates
New York
| $6K | – | – | – |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $6K | +$5.58K | +400 | New |
|
36
US Bancorp
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
NCM
37
Newgate Capital Management
Greenwich,
Connecticut
| – | -$1.01M | -74,842 | Closed |
|
|
FIMG
38
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$474K | -34,877 | Closed |
|
|
LCM
39
Landscape Capital Management
Englewood,
New Jersey
| – | -$188K | -13,841 | Closed |
|
NXQ Hedge Fund Activity: Q1 2015 in Review
35 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q1 2015, worth a combined $17.5M — down 4.9% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NXQ positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $774K. The largest seller was Newgate Capital Management, exiting entirely with an estimated $1.01M sold.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $17.5M of NUVEEN ELECT TAX-FREE INC 2 stock for Q1 2015, down 4.9% quarter-over-quarter.
- 4 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q1 2015 and 3 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q1 2015 was Bank of America, an estimated $774K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q1 2015 was Newgate Capital Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2015.