NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
26 hedge funds and large institutions have $14.2M invested in NUVEEN ELECT TAX-FREE INC 3 in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
4% more capital invested
Capital invested by funds: $13.7M → $14.2M (+$575K)
7% less funds holding
Funds holding: 28 → 26 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$391K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$150K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$132K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$591K |
| 2 |
Morgan Stanley
New York
|
-$386K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$312K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$195K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$192K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $5K | +$4.97K | +341 | New |
|
|
KIM
27
Karpus Investment Management
Pittsford,
New York
| – | -$312K | -21,906 | Closed |
|
|
LCM
28
Landscape Capital Management
Englewood,
New Jersey
| – | -$192K | -13,479 | Closed |
|
|
W
29
Wealthfront
Palo Alto,
California
| – | -$29K | -2,000 | Closed |
|
|
DADC
30
D.A. Davidson & Co
Great Falls,
Montana
| – | -$13K | -941 | Closed |
|
31
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -82 | Closed |
|
NXR Hedge Fund Activity: Q1 2015 in Review
26 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q1 2015, worth a combined $14.2M — up 4.2% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NXR and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Bank of America, adding an estimated $1.14M. The largest seller was Financial & Investment Management Group, cutting an estimated $591K.
- 26 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q1 2015, down from 28 in Q4 2014.
- Funds reported $14.2M of NUVEEN ELECT TAX-FREE INC 3 stock for Q1 2015, up 4.2% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q1 2015 and 5 closed out, a net change of -2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q1 2015 was Bank of America, an estimated $1.14M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q1 2015 was Financial & Investment Management Group, an estimated $591K sold.
Based on aggregated 13F filings for Q1 2015.