NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
46 hedge funds and large institutions have $46.2M invested in NUVEEN ELECT TAX-FREE INC 2 in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 45 → 46 (+1)
4% more capital invested
Capital invested by funds: $44.3M → $46.2M (+$1.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$836K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$474K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
+$442K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$415K |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.01M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$490K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$420K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$359K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$189K |
NXQ Hedge Fund Activity: Q4 2019 in Review
46 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q4 2019, worth a combined $46.2M — up 4.1% from $44.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NXQ positions and 5 closed out — a net gain of 1 holder — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $836K. The largest seller was 1607 Capital Partners, cutting an estimated $1.01M.
- 46 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q4 2019, up from 45 in Q3 2019.
- Funds reported $46.2M of NUVEEN ELECT TAX-FREE INC 2 stock for Q4 2019, up 4.1% quarter-over-quarter.
- 6 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q4 2019 and 5 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q4 2019 was Guggenheim Capital, an estimated $836K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q4 2019 was 1607 Capital Partners, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2019.