NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
57 hedge funds and large institutions have $40.6M invested in NUVEEN ELECT TAX-FREE INC 2 in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 9 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 9
10% more funds holding
Funds holding: 52 → 57 (+5)
5% less capital invested
Capital invested by funds: $42.8M → $40.6M (-$2.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$211K |
| 2 |
Morgan Stanley
New York
|
+$209K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$178K |
| 4 |
LPL Financial
San Diego,
California
|
+$135K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$6.05M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$526K |
| 3 |
5L
55I LLC
Boston,
Massachusetts
|
-$157K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$107K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$90.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
51
Concourse Financial Group Securities
Birmingham,
Alabama
| $11K | – | – | – |
|
|
FMP
52
Financial Management Professionals
Austin,
Texas
| $11K | – | – | – |
|
53
Citigroup
New York
| $9K | – | – | – |
|
|
AF
54
Advisornet Financial
Minnetonka,
Minnesota
| $6K | +$46 | +3 | +0.8% |
|
|
GWM
55
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $4K | +$3.83K | +250 | New |
|
|
RFA
57
Reilly Financial Advisors
La Mesa,
California
| $3K | – | – | – |
|
|
5L
58
55I LLC
Boston,
Massachusetts
| – | -$157K | -10,469 | Closed |
|
|
PFS
59
Prospera Financial Services
Dallas,
Texas
| – | -$30K | -2,028 | Closed |
|
NXQ Hedge Fund Activity: Q4 2020 in Review
57 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q4 2020, worth a combined $40.6M — down 5.1% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NXQ positions and 2 closed out — a net gain of 5 holders — while 18 added to existing stakes and 9 trimmed.
The largest buyer was Regal Investment Advisors, opening a new position worth an estimated $211K. The largest seller was 1607 Capital Partners, cutting an estimated $6.05M.
- 57 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q4 2020, up from 52 in Q3 2020.
- Funds reported $40.6M of NUVEEN ELECT TAX-FREE INC 2 stock for Q4 2020, down 5.1% quarter-over-quarter.
- 7 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q4 2020 and 2 closed out, a net change of +5 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q4 2020 was Regal Investment Advisors, an estimated $211K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q4 2020 was 1607 Capital Partners, an estimated $6.05M sold.
Based on aggregated 13F filings for Q4 2020.