NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
30 hedge funds and large institutions have $20.2M invested in NUVEEN ELECT TAX-FREE INC 3 in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
40% more capital invested
Capital invested by funds: $14.4M → $20.2M (+$5.75M)
20% more funds holding
Funds holding: 25 → 30 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.3M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$915K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$729K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$625K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$561K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$253K |
| 2 |
VanEck Associates
New York
|
-$166K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$88.6K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$6.19K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$14 |
NXR Hedge Fund Activity: Q4 2016 in Review
30 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q4 2016, worth a combined $20.2M — up 40% from $14.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NXR positions and 1 closed out — a net gain of 6 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.3M. The largest seller was Stifel Financial, cutting an estimated $253K.
- 30 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q4 2016, up from 25 in Q3 2016.
- Funds reported $20.2M of NUVEEN ELECT TAX-FREE INC 3 stock for Q4 2016, up 40% quarter-over-quarter.
- 7 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q4 2016 and 1 closed out, a net change of +6 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q4 2016 was Morgan Stanley, an estimated $2.3M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q4 2016 was Stifel Financial, an estimated $253K sold.
Based on aggregated 13F filings for Q4 2016.