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NXQ

NUVEEN ELECT TAX-FREE INC 2
NXQ

Delisted

NXQ was delisted on the 3rd of December, 2021.

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40 hedge funds and large institutions have $19M invested in NUVEEN ELECT TAX-FREE INC 2 in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less capital invested

Capital invested by funds: $19.7M → $19M (-$666K)

7% less funds holding

Funds holding: 43 → 40 (-3)

31% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 13

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
40
Holders Change
-3
Holders Change %
-6.98%
% of All Funds
1.06%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
9
Reduced
13
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Stifel Financial
Stifel Financial
Missouri
+$595K
2
CRC
Curi RMB Capital
Illinois
+$237K
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$172K
4
UBS Group
UBS Group
Switzerland
+$170K
5
UCFA
United Capital Financial Advisors
Texas
+$169K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$749K
2
Morgan Stanley
Morgan Stanley
New York
-$504K
3
LCM
Landscape Capital Management
New Jersey
-$262K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$259K
5
UR
USCA RIA
Texas
-$231K

NXQ Hedge Fund Activity: Q1 2016 in Review

40 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q1 2016, worth a combined $19M — down 3.4% from $19.7M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of NXQ and 5 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 9 added.

The largest buyer was Stifel Financial, opening a new position worth an estimated $595K. The largest seller was Bank of America, cutting an estimated $749K.

  • 40 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q1 2016, down from 43 in Q4 2015.
  • Funds reported $19M of NUVEEN ELECT TAX-FREE INC 2 stock for Q1 2016, down 3.4% quarter-over-quarter.
  • 5 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q1 2016 and 8 closed out, a net change of -3 holders.
  • The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q1 2016 was Stifel Financial, an estimated $595K added.
  • The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q1 2016 was Bank of America, an estimated $749K sold.

Based on aggregated 13F filings for Q1 2016.