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 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
13% more funds holding
Funds holding: 31 → 35 (+4)
5% more capital invested
Capital invested by funds: $21.2M → $22.3M (+$1.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$809K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$434K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$392K |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$388K |
| 2 |
Morgan Stanley
New York
|
-$209K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$158K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$126K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$36.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $106K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $94K | – | – | – |
|
|
JCM
28
Jacobi Capital Management
Pittston,
Pennsylvania
| $47K | +$230 | +16 | +0.5% |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $24K | +$158 | +11 | +0.7% |
|
|
RFC
30
Regions Financial Corp
Birmingham,
Alabama
| $21K | +$21.6K | +1,500 | New |
|
|
BBHC
31
Brown Brothers Harriman & Co
New York
| $14K | – | – | – |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $10K | – | – | – |
|
|
SA
33
SRH Advisors
Salina,
Kansas
| $7K | – | – | – |
|
|
AWMS
34
Advocacy Wealth Management Services
Atlanta,
Georgia
| $7K | +$7.19K | +500 | New |
|
|
IWM
35
IHT Wealth Management
Chicago,
Illinois
| $5K | – | – | – |
|
|
APA
36
American Portfolios Advisors
Holbrook,
New York
| – | -$126K | -8,304 | Closed |
|
NXR Hedge Fund Activity: Q1 2018 in Review
35 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q1 2018, worth a combined $22.3M — up 5.3% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXR positions and 1 closed out — a net gain of 4 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $1M. The largest seller was Invesco, cutting an estimated $388K.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q1 2018, up from 31 in Q4 2017.
- Funds reported $22.3M of NUVEEN ELECT TAX-FREE INC 3 stock for Q1 2018, up 5.3% quarter-over-quarter.
- 5 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q1 2018 and 1 closed out, a net change of +4 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q1 2018 was Karpus Investment Management, an estimated $1M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q1 2018 was Invesco, an estimated $388K sold.
Based on aggregated 13F filings for Q1 2018.