NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $22.4M invested in NUVEEN ELECT TAX-FREE INC 3 in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 34 → 35 (+1)
1% less capital invested
Capital invested by funds: $22.7M → $22.4M (-$279K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$497K |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$468K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$276K |
| 4 |
Millennium Management
New York
|
+$206K |
| 5 |
Morgan Stanley
New York
|
+$96.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$484K |
| 2 |
VanEck Associates
New York
|
-$468K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$94.7K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$41.1K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$38.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $80K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $71K | -$41.1K | -2,835 | -36% |
|
|
JCM
28
Jacobi Capital Management
Pittston,
Pennsylvania
| $47K | +$232 | +16 | +0.5% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $38K | – | – | – |
|
|
BBHC
30
Brown Brothers Harriman & Co
New York
| $14K | – | – | – |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $10K | – | – | – |
|
|
MPWT
32
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $9.32K | +$9.65K | +666 | New |
|
|
SA
33
SRH Advisors
Salina,
Kansas
| $7K | – | – | – |
|
|
FIA
34
FNY Investment Advisers
New York
| $1K | – | – | – |
|
|
35
VanEck Associates
New York
| – | -$468K | -32,326 | Closed |
|
|
PCM
36
Peak Capital Management
Greenwood Village,
Colorado
| – | -$25K | -1,736 | Closed |
|
NXR Hedge Fund Activity: Q3 2018 in Review
35 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q3 2018, worth a combined $22.4M — down 1.2% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NXR positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $497K. The largest seller was Karpus Investment Management, cutting an estimated $484K.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q3 2018, up from 34 in Q2 2018.
- Funds reported $22.4M of NUVEEN ELECT TAX-FREE INC 3 stock for Q3 2018, down 1.2% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q3 2018 and 2 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q3 2018 was Wells Fargo, an estimated $497K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q3 2018 was Karpus Investment Management, an estimated $484K sold.
Based on aggregated 13F filings for Q3 2018.