NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
41 hedge funds and large institutions have $23.3M invested in NUVEEN ELECT TAX-FREE INC 2 in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
1% less capital invested
Capital invested by funds: $23.5M → $23.3M (-$196K)
9% less funds holding
Funds holding: 45 → 41 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$655K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$462K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$292K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$204K |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$851K |
| 2 |
Morgan Stanley
New York
|
-$499K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$400K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$286K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$207K |
NXQ Hedge Fund Activity: Q3 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q3 2017, worth a combined $23.3M — down 0.83% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NXQ and 2 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $655K. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $851K.
- 41 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q3 2017, down from 45 in Q2 2017.
- Funds reported $23.3M of NUVEEN ELECT TAX-FREE INC 2 stock for Q3 2017, down 0.83% quarter-over-quarter.
- 2 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q3 2017 and 6 closed out, a net change of -4 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q3 2017 was Parametric Portfolio Associates, an estimated $655K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q3 2017 was Northwestern Mutual Wealth Management, an estimated $851K sold.
Based on aggregated 13F filings for Q3 2017.