NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
56 hedge funds and large institutions have $40.7M invested in NUVEEN ELECT TAX-FREE INC 2 in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 55 → 56 (+1)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
4% less capital invested
Capital invested by funds: $42.5M → $40.7M (-$1.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$659K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$585K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$258K |
| 4 |
VanEck Associates
New York
|
+$210K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$616K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$294K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$188K |
| 4 |
5L
55I LLC
Boston,
Massachusetts
|
-$173K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$153K |
| 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 | – | – | – |
|
|
AF
53
Advisornet Financial
Minnetonka,
Minnesota
| $6K | +$48 | +3 | +0.8% |
|
|
GWM
54
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
RFA
55
Reilly Financial Advisors
La Mesa,
California
| $3K | – | – | – |
|
|
56
Mercer Global Advisors
Denver,
Colorado
| – | -$188K | -11,381 | Closed |
|
|
5L
57
55I LLC
Boston,
Massachusetts
| – | -$173K | -10,469 | Closed |
|
|
MPWT
58
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$37K | -2,264 | Closed |
|
NXQ Hedge Fund Activity: Q3 2021 in Review
56 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q3 2021, worth a combined $40.7M — down 4.1% from $42.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NXQ positions and 3 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $659K. The largest seller was Advisors Asset Management, cutting an estimated $616K.
- 56 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q3 2021, up from 55 in Q2 2021.
- Funds reported $40.7M of NUVEEN ELECT TAX-FREE INC 2 stock for Q3 2021, down 4.1% quarter-over-quarter.
- 4 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q3 2021 and 3 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q3 2021 was Wolverine Asset Management, an estimated $659K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q3 2021 was Advisors Asset Management, an estimated $616K sold.
Based on aggregated 13F filings for Q3 2021.