NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $18.4M invested in NUVEEN ELECT TAX-FREE INC 2 in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
11% more capital invested
Capital invested by funds: $16.6M → $18.4M (+$1.81M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.01M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$279K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$154K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$105K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$79.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$412K |
| 2 |
SI
SII Investments
Appleton,
Wisconsin
|
-$268K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$151K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$102K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$94K |
NXQ Hedge Fund Activity: Q4 2014 in Review
35 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q4 2014, worth a combined $18.4M — up 11% from $16.6M a quarter earlier.
Fund positioning in NXQ was balanced in Q4 2014: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 8 trimmed.
The largest buyer was Newgate Capital Management, opening a new position worth an estimated $1.01M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $412K sold.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q4 2014, down from 36 in Q3 2014.
- Funds reported $18.4M of NUVEEN ELECT TAX-FREE INC 2 stock for Q4 2014, up 11% quarter-over-quarter.
- 4 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q4 2014 and 4 closed out, a net change of 0 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q4 2014 was Newgate Capital Management, an estimated $1.01M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q4 2014 was Karpus Investment Management, an estimated $412K sold.
Based on aggregated 13F filings for Q4 2014.