NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
52 hedge funds and large institutions have $47.9M invested in NUVEEN ELECT TAX-FREE INC 2 in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
8% more funds holding
Funds holding: 48 → 52 (+4)
7% more capital invested
Capital invested by funds: $44.8M → $47.9M (+$3.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$486K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$372K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$343K |
| 5 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.62M |
| 2 |
RVPG
Relative Value Partners Group
|
-$440K |
| 3 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
-$404K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$150K |
| 5 |
Morgan Stanley
New York
|
-$98.9K |
NXQ Hedge Fund Activity: Q2 2020 in Review
52 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q2 2020, worth a combined $47.9M — up 6.9% from $44.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXQ positions and 1 closed out — a net gain of 4 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $1.34M. The largest seller was 1607 Capital Partners, cutting an estimated $1.62M.
- 52 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q2 2020, up from 48 in Q1 2020.
- Funds reported $47.9M of NUVEEN ELECT TAX-FREE INC 2 stock for Q2 2020, up 6.9% quarter-over-quarter.
- 5 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q2 2020 and 1 closed out, a net change of +4 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q2 2020 was Bank of America, an estimated $1.34M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q2 2020 was 1607 Capital Partners, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2020.