NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
43 hedge funds and large institutions have $23.9M invested in NUVEEN ELECT TAX-FREE INC 2 in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $22.5M → $23.9M (+$1.36M)
2% more funds holding
Funds holding: 42 → 43 (+1)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$902K |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$644K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$524K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$329K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$955K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$325K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$186K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$140K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$127K |
NXQ Hedge Fund Activity: Q1 2017 in Review
43 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q1 2017, worth a combined $23.9M — up 6.1% from $22.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NXQ positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $902K. The largest seller was Bank of America, cutting an estimated $955K.
- 43 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q1 2017, up from 42 in Q4 2016.
- Funds reported $23.9M of NUVEEN ELECT TAX-FREE INC 2 stock for Q1 2017, up 6.1% quarter-over-quarter.
- 6 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q1 2017 and 4 closed out, a net change of +2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q1 2017 was Tortoise Investment Management, an estimated $902K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q1 2017 was Bank of America, an estimated $955K sold.
Based on aggregated 13F filings for Q1 2017.