NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
37 hedge funds and large institutions have $16.4M invested in NUVEEN ELECT TAX-FREE INC 2 in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
30% more capital invested
Capital invested by funds: $12.6M → $16.4M (+$3.73M)
9% more funds holding
Funds holding: 34 → 37 (+3)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.48M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$655K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$546K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$1.03M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$231K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$213K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$134K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$120K |
NXQ Hedge Fund Activity: Q4 2013 in Review
37 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q4 2013, worth a combined $16.4M — up 30% from $12.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NXQ positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.48M. The largest seller was UBS, cutting an estimated $1.03M.
- 37 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $16.4M of NUVEEN ELECT TAX-FREE INC 2 stock for Q4 2013, up 30% quarter-over-quarter.
- 7 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q4 2013 and 4 closed out, a net change of +3 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q4 2013 was Morgan Stanley, an estimated $1.48M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q4 2013 was UBS, an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2013.