NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
48 hedge funds and large institutions have $44.8M invested in NUVEEN ELECT TAX-FREE INC 2 in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
4% more funds holding
Funds holding: 46 → 48 (+2)
0.69% more ownership
Funds ownership: 17.1% → 17.79% (+0.69%)
3% less capital invested
Capital invested by funds: $46.2M → $44.8M (-$1.39M)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.97M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$693K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$479K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$157K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$498K |
| 2 |
RVPG
Relative Value Partners Group
|
-$274K |
| 3 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$274K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$205K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$197K |
NXQ Hedge Fund Activity: Q1 2020 in Review
48 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q1 2020, worth a combined $44.8M — down 3% from $46.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXQ positions and 2 closed out — a net gain of 3 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.97M. The largest seller was Tortoise Investment Management, cutting an estimated $498K.
- 48 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q1 2020, up from 46 in Q4 2019.
- Funds reported $44.8M of NUVEEN ELECT TAX-FREE INC 2 stock for Q1 2020, down 3% quarter-over-quarter.
- 5 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q1 2020 and 2 closed out, a net change of +3 holders.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q1 2020 was 1607 Capital Partners, an estimated $1.97M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q1 2020 was Tortoise Investment Management, an estimated $498K sold.
Based on aggregated 13F filings for Q1 2020.