NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
28 hedge funds and large institutions have $13.7M invested in NUVEEN ELECT TAX-FREE INC 3 in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
4% less capital invested
Capital invested by funds: $14.2M → $13.7M (-$569K)
7% less funds holding
Funds holding: 30 → 28 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$188K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$88.3K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$28.3K |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$28K |
| 5 |
W
Wealthfront
Palo Alto,
California
|
+$28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$811K |
| 2 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$747K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$56.1K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$54.3K |
| 5 |
Morgan Stanley
New York
|
-$41.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SA
26
SRH Advisors
Salina,
Kansas
| $7K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $3K | +$2.8K | +200 | New |
|
28
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
29
First Manhattan
New York
| – | -$17K | -1,268 | Closed |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| – | -$16K | -1,125 | Closed |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$8K | -600 | Closed |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| – | -$4K | -300 | Closed |
|
NXR Hedge Fund Activity: Q4 2014 in Review
28 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q4 2014, worth a combined $13.7M — down 4% from $14.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NXR and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 9 added.
The largest buyer was Comerica Bank, adding an estimated $188K. The largest seller was Karpus Investment Management, cutting an estimated $811K.
- 28 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q4 2014, down from 30 in Q3 2014.
- Funds reported $13.7M of NUVEEN ELECT TAX-FREE INC 3 stock for Q4 2014, down 4% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q4 2014 and 4 closed out, a net change of -1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q4 2014 was Comerica Bank, an estimated $188K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q4 2014 was Karpus Investment Management, an estimated $811K sold.
Based on aggregated 13F filings for Q4 2014.