NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
28 hedge funds and large institutions have $7.55M invested in NUVEEN ELECT TAX-FREE INC 3 in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
17% more capital invested
Capital invested by funds: $6.47M → $7.55M (+$1.08M)
8% more funds holding
Funds holding: 26 → 28 (+2)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$835K |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$590K |
| 3 |
Morgan Stanley
New York
|
+$422K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$251K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$391K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$302K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$233K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$97K |
| 5 |
TCM
Texan Capital Management
Houston,
Texas
|
-$91.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $12K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $4K | -$4.5K | -354 | -56% |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$391K | -29,301 | Closed |
|
30
Envestnet Asset Management
Chicago,
Illinois
| – | -$15K | -1,112 | Closed |
|
NXR Hedge Fund Activity: Q3 2013 in Review
28 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q3 2013, worth a combined $7.55M — up 17% from $6.47M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXR positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $835K. The largest seller was TFS Capital, exiting entirely with an estimated $391K sold.
- 28 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q3 2013, up from 26 in Q2 2013.
- Funds reported $7.55M of NUVEEN ELECT TAX-FREE INC 3 stock for Q3 2013, up 17% quarter-over-quarter.
- 5 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q3 2013 and 2 closed out, a net change of +3 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q3 2013 was Karpus Investment Management, an estimated $835K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q3 2013 was TFS Capital, an estimated $391K sold.
Based on aggregated 13F filings for Q3 2013.