NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
38 hedge funds and large institutions have $29.5M invested in NUVEEN ELECT TAX-FREE INC 3 in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 37 → 38 (+1)
2% less capital invested
Capital invested by funds: $30.1M → $29.5M (-$591K)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$325K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$255K |
| 3 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
+$210K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$91.3K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$48.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$877K |
| 2 |
Morgan Stanley
New York
|
-$329K |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$319K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$192K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$161K |
NXR Hedge Fund Activity: Q4 2019 in Review
38 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q4 2019, worth a combined $29.5M — down 2% from $30.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NXR positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $325K. The largest seller was 1607 Capital Partners, cutting an estimated $877K.
- 38 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q4 2019, up from 37 in Q3 2019.
- Funds reported $29.5M of NUVEEN ELECT TAX-FREE INC 3 stock for Q4 2019, down 2% quarter-over-quarter.
- 5 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q4 2019 and 4 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q4 2019 was Commonwealth Equity Services, an estimated $325K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q4 2019 was 1607 Capital Partners, an estimated $877K sold.
Based on aggregated 13F filings for Q4 2019.