NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
25 hedge funds and large institutions have $15.8M invested in NUVEEN ELECT TAX-FREE INC 3 in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
1% less capital invested
Capital invested by funds: $15.9M → $15.8M (-$172K)
17% less funds holding
Funds holding: 30 → 25 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$266K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$161K |
| 3 |
VanEck Associates
New York
|
+$120K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$95.7K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$20.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$364K |
| 2 |
Morgan Stanley
New York
|
-$361K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$345K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$204K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Landscape Capital Management
Englewood,
New Jersey
| – | -$364K | -24,455 | Closed |
|
|
CRC
27
Curi RMB Capital
Chicago,
Illinois
| – | -$345K | -23,159 | Closed |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$204K | -13,730 | Closed |
|
|
29
Invesco
Atlanta,
Georgia
| – | -$178K | -11,954 | Closed |
|
|
AWMS
30
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$42K | -2,850 | Closed |
|
31
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$19K | -1,287 | Closed |
|
NXR Hedge Fund Activity: Q2 2016 in Review
25 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q2 2016, worth a combined $15.8M — down 1.1% from $15.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NXR and 1 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was IFP Advisors, adding an estimated $266K. The largest seller was Landscape Capital Management, exiting entirely with an estimated $364K sold.
- 25 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q2 2016, down from 30 in Q1 2016.
- Funds reported $15.8M of NUVEEN ELECT TAX-FREE INC 3 stock for Q2 2016, down 1.1% quarter-over-quarter.
- 1 fund opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q2 2016 and 6 closed out, a net change of -5 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q2 2016 was IFP Advisors, an estimated $266K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q2 2016 was Landscape Capital Management, an estimated $364K sold.
Based on aggregated 13F filings for Q2 2016.