NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
29 hedge funds and large institutions have $13.2M invested in NUVEEN ELECT TAX-FREE INC 3 in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
75% more capital invested
Capital invested by funds: $7.55M → $13.2M (+$5.67M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
4% more funds holding
Funds holding: 28 → 29 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.87M |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$1.41M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$872K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$801K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$358K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$207K |
| 3 |
TCM
Texan Capital Management
Houston,
Texas
|
-$176K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$156K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $8K | +$4.64K | +364 | +132% |
|
|
SA
28
SRH Advisors
Salina,
Kansas
| $6K | +$6.38K | +500 | New |
|
29
Envestnet Asset Management
Chicago,
Illinois
| $1K | +$1.05K | +82 | New |
|
|
DA
30
Doliver Advisors
Houston,
Texas
| – | -$207K | -16,132 | Closed |
|
|
TCM
31
Texan Capital Management
Houston,
Texas
| – | -$176K | -13,700 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$107K | -8,347 | Closed |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$72K | -5,637 | Closed |
|
|
CFSG
34
Community Financial Services Group
Newport,
Vermont
| – | -$31K | -2,400 | Closed |
|
|
PFO
35
Pathstone Family Office
Englewood,
New Jersey
| – | -$23K | -1,773 | Closed |
|
36
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$19K | -1,500 | Closed |
|
NXR Hedge Fund Activity: Q4 2013 in Review
29 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q4 2013, worth a combined $13.2M — up 75% from $7.55M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NXR positions and 7 closed out — a net gain of 1 holder — while 12 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.87M. The largest seller was UBS, cutting an estimated $358K.
- 29 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q4 2013, up from 28 in Q3 2013.
- Funds reported $13.2M of NUVEEN ELECT TAX-FREE INC 3 stock for Q4 2013, up 75% quarter-over-quarter.
- 8 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q4 2013 and 7 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q4 2013 was Morgan Stanley, an estimated $1.87M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q4 2013 was UBS, an estimated $358K sold.
Based on aggregated 13F filings for Q4 2013.