NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
52 hedge funds and large institutions have $42.8M invested in NUVEEN ELECT TAX-FREE INC 2 in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 52 → 52 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
11% less capital invested
Capital invested by funds: $47.9M → $42.8M (-$5.06M)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.41M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$653K |
| 3 |
Morgan Stanley
New York
|
+$100K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$30.8K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$24.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.59M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$1.29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$390K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$210K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$185K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFA
51
Reilly Financial Advisors
La Mesa,
California
| $3K | – | – | – |
|
52
Koshinski Asset Management
Decatur,
Illinois
| $449 | – | – | – |
|
|
RIA
53
Regal Investment Advisors
Kentwood,
Michigan
| – | -$210K | -13,994 | Closed |
|
|
FEG
54
Financial Enhancement Group
Anderson,
Indiana
| – | -$185K | -12,373 | Closed |
|
|
PAG
55
Private Advisor Group
Morristown,
New Jersey
| – | -$82K | -5,443 | Closed |
|
NXQ Hedge Fund Activity: Q3 2020 in Review
52 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q3 2020, worth a combined $42.8M — down 11% from $47.9M a quarter earlier.
Fund positioning in NXQ was balanced in Q3 2020: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 13 trimmed.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $1.41M. The largest seller was 1607 Capital Partners, cutting an estimated $4.59M.
- 52 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $42.8M of NUVEEN ELECT TAX-FREE INC 2 stock for Q3 2020, down 11% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q3 2020 and 3 closed out, a net change of 0 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q3 2020 was Baird Financial Group, an estimated $1.41M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q3 2020 was 1607 Capital Partners, an estimated $4.59M sold.
Based on aggregated 13F filings for Q3 2020.