NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
26 hedge funds and large institutions have $13.4M invested in NUVEEN ELECT TAX-FREE INC 3 in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 3 closing their positions.
3% less capital invested
Capital invested by funds: $13.9M → $13.4M (-$479K)
7% less funds holding
Funds holding: 28 → 26 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$177K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$40K |
| 3 |
VanEck Associates
New York
|
+$29.8K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$24.9K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$1.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$424K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$295K |
| 3 |
LPL Financial
San Diego,
California
|
-$166K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$58K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $1K | -$16.6K | -1,200 | -94% |
|
|
PPA
27
Parametric Portfolio Associates
Seattle,
Washington
| – | -$295K | -21,566 | Closed |
|
|
28
LPL Financial
San Diego,
California
| – | -$166K | -12,111 | Closed |
|
|
GC
29
Guggenheim Capital
Chicago,
Illinois
| – | -$42K | -3,047 | Closed |
|
NXR Hedge Fund Activity: Q2 2014 in Review
26 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q2 2014, worth a combined $13.4M — down 3.5% from $13.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NXR and 1 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Landscape Capital Management, opening a new position worth an estimated $177K. The largest seller was Bank of America, cutting an estimated $424K.
- 26 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q2 2014, down from 28 in Q1 2014.
- Funds reported $13.4M of NUVEEN ELECT TAX-FREE INC 3 stock for Q2 2014, down 3.5% quarter-over-quarter.
- 1 fund opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q2 2014 was Landscape Capital Management, an estimated $177K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q2 2014 was Bank of America, an estimated $424K sold.
Based on aggregated 13F filings for Q2 2014.