NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $17.5M invested in NUVEEN ELECT TAX-FREE INC 2 in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 4 closing their positions.
1% more capital invested
Capital invested by funds: $17.3M → $17.5M (+$226K)
5% less funds holding
Funds holding: 37 → 35 (-2)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$276K |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$168K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$159K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$159K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$448K |
| 2 |
Morgan Stanley
New York
|
-$387K |
| 3 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$155K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$139K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$53.4K |
NXQ Hedge Fund Activity: Q2 2014 in Review
35 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q2 2014, worth a combined $17.5M — up 1.3% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NXQ and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Guggenheim Capital, adding an estimated $276K. The largest seller was Bank of America, cutting an estimated $448K.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q2 2014, down from 37 in Q1 2014.
- Funds reported $17.5M of NUVEEN ELECT TAX-FREE INC 2 stock for Q2 2014, up 1.3% quarter-over-quarter.
- 2 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q2 2014 and 4 closed out, a net change of -2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q2 2014 was Guggenheim Capital, an estimated $276K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q2 2014 was Bank of America, an estimated $448K sold.
Based on aggregated 13F filings for Q2 2014.