NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
48 hedge funds and large institutions have $28.3M invested in NUVEEN ELECT TAX-FREE INC 2 in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more capital invested
Capital invested by funds: $26.3M → $28.3M (+$2.08M)
4% more funds holding
Funds holding: 46 → 48 (+2)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$980K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$535K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$480K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$450K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$460K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$192K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$144K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$124K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$105K |
NXQ Hedge Fund Activity: Q2 2018 in Review
48 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q2 2018, worth a combined $28.3M — up 7.9% from $26.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXQ positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $980K. The largest seller was United Capital Financial Advisors, cutting an estimated $460K.
- 48 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q2 2018, up from 46 in Q1 2018.
- Funds reported $28.3M of NUVEEN ELECT TAX-FREE INC 2 stock for Q2 2018, up 7.9% quarter-over-quarter.
- 5 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q2 2018 and 3 closed out, a net change of +2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q2 2018 was Morgan Stanley, an estimated $980K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q2 2018 was United Capital Financial Advisors, an estimated $460K sold.
Based on aggregated 13F filings for Q2 2018.