NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
37 hedge funds and large institutions have $30.1M invested in NUVEEN ELECT TAX-FREE INC 3 in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
2% less capital invested
Capital invested by funds: $30.7M → $30.1M (-$580K)
3% less funds holding
Funds holding: 38 → 37 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$276K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$178K |
| 3 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$158K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$103K |
| 5 |
LPL Financial
San Diego,
California
|
+$58.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$830K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$433K |
| 3 |
Morgan Stanley
New York
|
-$397K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$337K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$180K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $97K | – | – | – |
|
|
PB
27
Pinnacle Bancorp
Beatrice,
Nebraska
| $71K | – | – | – |
|
|
JCM
28
Jacobi Capital Management
Pittston,
Pennsylvania
| $55K | +$237 | +15 | +0.4% |
|
|
CFB
29
Cullen/Frost Bankers
San Antonio,
Texas
| $26K | – | – | – |
|
|
BFEC
30
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | – | – | – |
|
31
Citigroup
New York
| $10K | – | – | – |
|
|
SA
32
SRH Advisors
Salina,
Kansas
| $8K | – | – | – |
|
|
TJHA
33
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $3K | -$433K | -27,402 | -99% |
|
34
Northern Trust
Chicago,
Illinois
| $2K | – | – | – |
|
|
FIA
35
FNY Investment Advisers
New York
| $2K | +$158 | +10 | +6% |
|
36
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
VCM
37
Vivaldi Capital Management
Chicago,
Illinois
| – | -$830K | -53,725 | Closed |
|
|
BBHC
38
Brown Brothers Harriman & Co
New York
| – | -$15K | -1,000 | Closed |
|
NXR Hedge Fund Activity: Q3 2019 in Review
37 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q3 2019, worth a combined $30.1M — down 1.9% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NXR and 1 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 10 added.
The largest buyer was Bank of New York Mellon, opening a new position worth an estimated $276K. The largest seller was Vivaldi Capital Management, exiting entirely with an estimated $830K sold.
- 37 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q3 2019, down from 38 in Q2 2019.
- Funds reported $30.1M of NUVEEN ELECT TAX-FREE INC 3 stock for Q3 2019, down 1.9% quarter-over-quarter.
- 1 fund opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q3 2019 and 2 closed out, a net change of -1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q3 2019 was Bank of New York Mellon, an estimated $276K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q3 2019 was Vivaldi Capital Management, an estimated $830K sold.
Based on aggregated 13F filings for Q3 2019.