NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $22.3M invested in NUVEEN ELECT TAX-FREE INC 3 in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
17% more funds holding
Funds holding: 30 → 35 (+5)
10% more capital invested
Capital invested by funds: $20.2M → $22.3M (+$2.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$865K |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$767K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$510K |
| 4 |
Morgan Stanley
New York
|
+$308K |
| 5 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$950K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$333K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$43.3K |
| 4 |
LPL Financial
San Diego,
California
|
-$14.2K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$8.34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $142K | +$142K | +10,000 | New |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $94K | +$28.4K | +2,000 | +43% |
|
|
PB
28
Pinnacle Bancorp
Beatrice,
Nebraska
| $63K | +$62.5K | +4,400 | New |
|
|
JCM
29
Jacobi Capital Management
Pittston,
Pennsylvania
| $46K | +$213 | +15 | +0.5% |
|
|
TCM
30
Tradewinds Capital Management
Bellingham,
Washington
| $35K | – | – | – |
|
|
WTB
31
Washington Trust Bank
Spokane,
Washington
| $22K | +$22.2K | +1,559 | New |
|
|
BBHC
32
Brown Brothers Harriman & Co
New York
| $14K | +$14.2K | +1,000 | New |
|
|
1CP
33
1607 Capital Partners
Richmond,
Virginia
| $13K | +$12.8K | +900 | New |
|
|
BFEC
34
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $10K | – | – | – |
|
|
SA
35
SRH Advisors
Salina,
Kansas
| $7K | – | – | – |
|
|
36
Stifel Financial
St. Louis,
Missouri
| – | -$333K | -23,477 | Closed |
|
|
NFG
37
Next Financial Group
Houston,
Texas
| – | -$4K | -300 | Closed |
|
NXR Hedge Fund Activity: Q1 2017 in Review
35 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q1 2017, worth a combined $22.3M — up 10% from $20.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NXR positions and 2 closed out — a net gain of 6 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $865K. The largest seller was Bank of America, cutting an estimated $950K.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q1 2017, up from 30 in Q4 2016.
- Funds reported $22.3M of NUVEEN ELECT TAX-FREE INC 3 stock for Q1 2017, up 10% quarter-over-quarter.
- 8 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q1 2017 and 2 closed out, a net change of +6 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q1 2017 was Invesco, an estimated $865K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q1 2017 was Bank of America, an estimated $950K sold.
Based on aggregated 13F filings for Q1 2017.