NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $21.1M invested in NUVEEN ELECT TAX-FREE INC 3 in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 35 → 35 (0)
5% less capital invested
Capital invested by funds: $22.3M → $21.1M (-$1.18M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$648K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$517K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$179K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$148K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$69.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.22M |
| 2 |
Morgan Stanley
New York
|
-$684K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$586K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$574K |
| 5 |
LPL Financial
San Diego,
California
|
-$217K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $97K | – | – | – |
|
|
JCM
27
Jacobi Capital Management
Pittston,
Pennsylvania
| $94K | +$47K | +3,225 | +99% |
|
|
1CP
28
1607 Capital Partners
Richmond,
Virginia
| $79K | +$65.7K | +4,508 | +501% |
|
|
TCM
29
Tradewinds Capital Management
Bellingham,
Washington
| $36K | – | – | – |
|
|
WTB
30
Washington Trust Bank
Spokane,
Washington
| $23K | – | – | – |
|
|
BBHC
31
Brown Brothers Harriman & Co
New York
| $15K | – | – | – |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $10K | – | – | – |
|
|
SA
33
SRH Advisors
Salina,
Kansas
| $7K | – | – | – |
|
|
SPIA
34
Steward Partners Investment Advisory
New York
| $4K | +$4.93K | +338 | New |
|
|
IWM
35
IHT Wealth Management
Chicago,
Illinois
| $37 | +$4.74K | +325 | New |
|
|
KIM
36
Karpus Investment Management
Pittsford,
New York
| – | -$586K | -41,221 | Closed |
|
|
37
LPL Financial
San Diego,
California
| – | -$217K | -15,288 | Closed |
|
|
VKH
38
Virtu KCG Holdings
New York
| – | -$189K | -13,303 | Closed |
|
NXR Hedge Fund Activity: Q2 2017 in Review
35 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q2 2017, worth a combined $21.1M — down 5.3% from $22.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NXR positions and 3 closed out — a net gain of 1 holder — while 15 added to existing stakes and 6 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $648K. The largest seller was Landscape Capital Management, cutting an estimated $1.22M.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $21.1M of NUVEEN ELECT TAX-FREE INC 3 stock for Q2 2017, down 5.3% quarter-over-quarter.
- 4 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q2 2017 and 3 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q2 2017 was Guggenheim Capital, an estimated $648K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q2 2017 was Landscape Capital Management, an estimated $1.22M sold.
Based on aggregated 13F filings for Q2 2017.