NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
34 hedge funds and large institutions have $22.7M invested in NUVEEN ELECT TAX-FREE INC 3 in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 4 closing their positions.
2% more capital invested
Capital invested by funds: $22.3M → $22.7M (+$373K)
3% less funds holding
Funds holding: 35 → 34 (-1)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$543K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$430K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$305K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$245K |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$464K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$289K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$180K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$158K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$137K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $83K | -$12.9K | -892 | -14% |
|
|
JCM
27
Jacobi Capital Management
Pittston,
Pennsylvania
| $48K | +$159 | +11 | +0.3% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $40K | -$289K | -20,039 | -88% |
|
|
PCM
29
Peak Capital Management
Greenwood Village,
Colorado
| $25K | +$25K | +1,736 | New |
|
|
BBHC
30
Brown Brothers Harriman & Co
New York
| $14K | – | – | – |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $10K | – | – | – |
|
|
SA
32
SRH Advisors
Salina,
Kansas
| $7K | – | – | – |
|
|
FIA
33
FNY Investment Advisers
New York
| $1K | +$1.3K | +90 | New |
|
|
34
Invesco
Atlanta,
Georgia
| – | -$464K | -32,595 | Closed |
|
|
35
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$158K | -11,113 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$24.2K | -1,682 | -100% |
|
|
AWMS
37
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$7K | -500 | Closed |
|
|
IWM
38
IHT Wealth Management
Chicago,
Illinois
| – | -$5K | -325 | Closed |
|
NXR Hedge Fund Activity: Q2 2018 in Review
34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q2 2018, worth a combined $22.7M — up 1.7% from $22.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NXR and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $543K. The largest seller was Invesco, exiting entirely with an estimated $464K sold.
- 34 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q2 2018, down from 35 in Q1 2018.
- Funds reported $22.7M of NUVEEN ELECT TAX-FREE INC 3 stock for Q2 2018, up 1.7% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q2 2018 and 4 closed out, a net change of -1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q2 2018 was Morgan Stanley, an estimated $543K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q2 2018 was Invesco, an estimated $464K sold.
Based on aggregated 13F filings for Q2 2018.