NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
45 hedge funds and large institutions have $23.5M invested in NUVEEN ELECT TAX-FREE INC 2 in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 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
5% more funds holding
Funds holding: 43 → 45 (+2)
2% less capital invested
Capital invested by funds: $23.9M → $23.5M (-$394K)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$950K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$430K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$428K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$243K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$209K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.24M |
| 2 |
Morgan Stanley
New York
|
-$631K |
| 3 |
LPL Financial
San Diego,
California
|
-$582K |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$537K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$499K |
NXQ Hedge Fund Activity: Q2 2017 in Review
45 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q2 2017, worth a combined $23.5M — down 1.7% from $23.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NXQ positions and 4 closed out — a net gain of 2 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $950K. The largest seller was Landscape Capital Management, cutting an estimated $1.24M.
- 45 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q2 2017, up from 43 in Q1 2017.
- Funds reported $23.5M of NUVEEN ELECT TAX-FREE INC 2 stock for Q2 2017, down 1.7% quarter-over-quarter.
- 6 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q2 2017 and 4 closed out, a net change of +2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q2 2017 was Invesco, an estimated $950K added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q2 2017 was Landscape Capital Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q2 2017.