NUVEEN ELECT TAX-FREE INC 2
NXQ
NXQ was delisted on the 3rd of December, 2021.
55 hedge funds and large institutions have $42.5M invested in NUVEEN ELECT TAX-FREE INC 2 in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $40M → $42.5M (+$2.53M)
2% more funds holding
Funds holding: 54 → 55 (+1)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$2.31M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$438K |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$388K |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
+$187K |
| 5 |
5L
55I LLC
Boston,
Massachusetts
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$501K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$432K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$358K |
| 4 |
FM
Family Management
New York
|
-$285K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$154K |
NXQ Hedge Fund Activity: Q2 2021 in Review
55 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 2 (NXQ) for Q2 2021, worth a combined $42.5M — up 6.3% from $40M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NXQ positions and 5 closed out — a net gain of 1 holder — while 12 added to existing stakes and 16 trimmed.
The largest buyer was F.L. Putnam Investment Management, opening a new position worth an estimated $2.31M. The largest seller was Guggenheim Capital, cutting an estimated $501K.
- 55 institutional investors held NUVEEN ELECT TAX-FREE INC 2 (NXQ) as of Q2 2021, up from 54 in Q1 2021.
- Funds reported $42.5M of NUVEEN ELECT TAX-FREE INC 2 stock for Q2 2021, up 6.3% quarter-over-quarter.
- 6 funds opened new NUVEEN ELECT TAX-FREE INC 2 positions in Q2 2021 and 5 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 2 buyer in Q2 2021 was F.L. Putnam Investment Management, an estimated $2.31M added.
- The largest NUVEEN ELECT TAX-FREE INC 2 seller in Q2 2021 was Guggenheim Capital, an estimated $501K sold.
Based on aggregated 13F filings for Q2 2021.