NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
31 hedge funds and large institutions have $21.2M invested in NUVEEN ELECT TAX-FREE INC 3 in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
2% more capital invested
Capital invested by funds: $20.8M → $21.2M (+$376K)
9% less funds holding
Funds holding: 34 → 31 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$911K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$152K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$118K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$108K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$805K |
| 2 |
Morgan Stanley
New York
|
-$204K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$195K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$75.7K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$33.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
26
Jacobi Capital Management
Pittston,
Pennsylvania
| $50K | +$255 | +17 | +0.5% |
|
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $25K | -$33.8K | -2,251 | -57% |
|
|
BBHC
28
Brown Brothers Harriman & Co
New York
| $15K | – | – | – |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | – | – | – |
|
|
SA
30
SRH Advisors
Salina,
Kansas
| $8K | – | – | – |
|
|
IWM
31
IHT Wealth Management
Chicago,
Illinois
| $5K | – | – | – |
|
|
FIMG
32
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$805K | -53,000 | Closed |
|
|
PPA
33
Parametric Portfolio Associates
Seattle,
Washington
| – | -$195K | -12,851 | Closed |
|
|
TCM
34
Tradewinds Capital Management
Bellingham,
Washington
| – | -$22K | -1,438 | Closed |
|
|
SPIA
35
Steward Partners Investment Advisory
New York
| – | -$5K | -338 | Closed |
|
NXR Hedge Fund Activity: Q4 2017 in Review
31 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q4 2017, worth a combined $21.2M — up 1.8% from $20.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NXR and 1 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 14 added.
The largest buyer was Wells Fargo, adding an estimated $911K. The largest seller was Financial & Investment Management Group, exiting entirely with an estimated $805K sold.
- 31 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q4 2017, down from 34 in Q3 2017.
- Funds reported $21.2M of NUVEEN ELECT TAX-FREE INC 3 stock for Q4 2017, up 1.8% quarter-over-quarter.
- 1 fund opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q4 2017 and 4 closed out, a net change of -3 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q4 2017 was Wells Fargo, an estimated $911K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q4 2017 was Financial & Investment Management Group, an estimated $805K sold.
Based on aggregated 13F filings for Q4 2017.