NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
51 hedge funds and large institutions have $43.7M invested in NUVEEN ELECT TAX-FREE INC 2 in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
9% more capital invested
Capital invested by funds: $39.9M → $43.7M (+$3.76M)
4% more funds holding
Funds holding: 49 → 51 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.67M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$394K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$370K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$355K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$271K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.37M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$587K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$473K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$135K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$53.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Koshinski Asset Management
Decatur,
Illinois
| $563 | – | – | – |
|
|
52
Invesco
Atlanta,
Georgia
| – | -$473K | -35,239 | Closed |
|
|
PAG
53
Private Advisor Group
Morristown,
New Jersey
| – | -$135K | -10,080 | Closed |
|
|
AIC
54
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$45K | -3,322 | Closed |
|
|
PG
55
Patten Group
Chattanooga,
Tennessee
| – | -$9K | -700 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -82 | Closed |
|
NXQ Hedge Fund Activity: Q1 2019 in Review
51 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q1 2019, worth a combined $43.7M — up 9.4% from $39.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NXQ positions and 5 closed out — a net gain of 2 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.67M. The largest seller was Morgan Stanley, cutting an estimated $1.37M.
- 51 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q1 2019, up from 49 in Q4 2018.
- Funds reported $43.7M of NUVEEN ELECT TAX-FREE INC 2 stock for Q1 2019, up 9.4% quarter-over-quarter.
- 7 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q1 2019 and 5 closed out, a net change of +2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q1 2019 was 1607 Capital Partners, an estimated $1.67M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q1 2019 was Morgan Stanley, an estimated $1.37M sold.
Based on aggregated 13F filings for Q1 2019.