NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
49 hedge funds and large institutions have $31.4M invested in NUVEEN ELECT TAX-FREE INC 2 in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 6 reducing their positions, and 5 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 6
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
11% more capital invested
Capital invested by funds: $28.3M → $31.4M (+$3.07M)
2% more funds holding
Funds holding: 48 → 49 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.21M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.14M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.05M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$552K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.09M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$733K |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
-$90K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$44.2K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
51
Centaurus Financial
Anaheim,
California
| – | -$90K | -6,600 | Closed |
|
|
TJHA
52
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$37K | -2,722 | Closed |
|
|
TCOV
53
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$5K | -394 | Closed |
|
54
SEI Investments
Oaks,
Pennsylvania
| – | -$4K | -304 | Closed |
|
NXQ Hedge Fund Activity: Q3 2018 in Review
49 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q3 2018, worth a combined $31.4M — up 11% from $28.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NXQ positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 6 trimmed.
The largest buyer was UBS Group, adding an estimated $1.21M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $1.09M sold.
- 49 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q3 2018, up from 48 in Q2 2018.
- Funds reported $31.4M of NUVEEN ELECT TAX-FREE INC 2 stock for Q3 2018, up 11% quarter-over-quarter.
- 6 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q3 2018 and 5 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q3 2018 was UBS Group, an estimated $1.21M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q3 2018 was Parametric Portfolio Associates, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2018.