NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
34 hedge funds and large institutions have $20.8M invested in NUVEEN ELECT TAX-FREE INC 3 in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 3 closing their positions.
1% less capital invested
Capital invested by funds: $21.1M → $20.8M (-$286K)
3% less funds holding
Funds holding: 35 → 34 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$477K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$191K |
| 3 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$181K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$118K |
| 5 |
VanEck Associates
New York
|
+$40K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$778K |
| 2 |
Morgan Stanley
New York
|
-$355K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$210K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$149K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $100K | +$89 | +6 | +0.1% |
|
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $60K | -$778K | -52,304 | -93% |
|
|
JCM
28
Jacobi Capital Management
Pittston,
Pennsylvania
| $50K | -$47.5K | -3,195 | -49% |
|
|
TCM
29
Tradewinds Capital Management
Bellingham,
Washington
| $22K | -$14.9K | -1,000 | -41% |
|
|
BBHC
30
Brown Brothers Harriman & Co
New York
| $15K | – | – | – |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | – | – | – |
|
|
SA
32
SRH Advisors
Salina,
Kansas
| $8K | – | – | – |
|
|
IWM
33
IHT Wealth Management
Chicago,
Illinois
| $5K | – | – | – |
|
|
SPIA
34
Steward Partners Investment Advisory
New York
| $5K | – | – | – |
|
|
MF
35
Magnetar Financial
Evanston,
Illinois
| – | -$149K | -10,169 | Closed |
|
|
1CP
36
1607 Capital Partners
Richmond,
Virginia
| – | -$79K | -5,408 | Closed |
|
|
WTB
37
Washington Trust Bank
Spokane,
Washington
| – | -$23K | -1,559 | Closed |
|
NXR Hedge Fund Activity: Q3 2017 in Review
34 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q3 2017, worth a combined $20.8M — down 1.4% from $21.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NXR and 2 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 7 added.
The largest buyer was Wells Fargo, adding an estimated $477K. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $778K.
- 34 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q3 2017, down from 35 in Q2 2017.
- Funds reported $20.8M of NUVEEN ELECT TAX-FREE INC 3 stock for Q3 2017, down 1.4% quarter-over-quarter.
- 2 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q3 2017 and 3 closed out, a net change of -1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q3 2017 was Wells Fargo, an estimated $477K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q3 2017 was Northwestern Mutual Wealth Management, an estimated $778K sold.
Based on aggregated 13F filings for Q3 2017.