NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
25 hedge funds and large institutions have $14.4M invested in NUVEEN ELECT TAX-FREE INC 3 in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
8% less capital invested
Capital invested by funds: $15.8M → $14.4M (-$1.32M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$244K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$188K |
| 3 |
VanEck Associates
New York
|
+$71.3K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$51.2K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$4.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$566K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$251K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$193K |
| 4 |
LPL Financial
San Diego,
California
|
-$161K |
| 5 |
Morgan Stanley
New York
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
26
Raymond James & Associates
St Petersburg,
Florida
| – | -$193K | -12,176 | Closed |
|
|
27
LPL Financial
San Diego,
California
| – | -$161K | -10,217 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | +$16 | +1 | New |
|
NXR Hedge Fund Activity: Q3 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 Q3 2016, worth a combined $14.4M — down 8.4% from $15.8M a quarter earlier.
Fund positioning in NXR was balanced in Q3 2016: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 9 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $244K. The largest seller was Northwestern Mutual Wealth Management, exiting entirely with an estimated $566K sold.
- 25 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $14.4M of NUVEEN ELECT TAX-FREE INC 3 stock for Q3 2016, down 8.4% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q3 2016 and 3 closed out, a net change of 0 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q3 2016 was Tortoise Investment Management, an estimated $244K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q3 2016 was Northwestern Mutual Wealth Management, an estimated $566K sold.
Based on aggregated 13F filings for Q3 2016.