NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
37 hedge funds and large institutions have $32M invested in NUVEEN ELECT TAX-FREE INC 3 in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 3 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
9% more capital invested
Capital invested by funds: $29.4M → $32M (+$2.61M)
3% less funds holding
Funds holding: 38 → 37 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$958K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$624K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$225K |
| 4 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$214K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$81.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$282K |
| 2 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
-$279K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$190K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$173K |
| 5 |
Morgan Stanley
New York
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PB
26
Pinnacle Bancorp
Beatrice,
Nebraska
| $71K | – | – | – |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $65K | -$13.4K | -866 | -18% |
|
|
JCM
28
Jacobi Capital Management
Pittston,
Pennsylvania
| $56K | +$248 | +16 | +0.5% |
|
|
CFB
29
Cullen/Frost Bankers
San Antonio,
Texas
| $26K | – | – | – |
|
|
CAN
30
Cetera Advisor Networks
El Segundo,
California
| $24K | +$23.2K | +1,500 | New |
|
31
Citigroup
New York
| $13K | +$2.93K | +189 | +32% |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $11K | – | – | – |
|
|
SA
33
SRH Advisors
Salina,
Kansas
| $8K | – | – | – |
|
|
RCA
34
Ranch Capital Advisors
Sarasota,
Florida
| $4K | – | – | – |
|
35
US Bancorp
Minneapolis,
Minnesota
| $4K | +$3.88K | +250 | New |
|
36
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
RHBC
37
R.H. Bluestein & Co
Birmingham,
Michigan
| – | -$279K | -18,100 | Closed |
|
|
38
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$173K | -11,244 | Closed |
|
|
1W
39
1776 Wealth
Atlanta,
Georgia
| – | -$15K | -924 | Closed |
|
NXR Hedge Fund Activity: Q2 2020 in Review
37 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q2 2020, worth a combined $32M — up 8.9% from $29.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NXR and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $958K. The largest seller was Wells Fargo, cutting an estimated $282K.
- 37 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q2 2020, down from 38 in Q1 2020.
- Funds reported $32M of NUVEEN ELECT TAX-FREE INC 3 stock for Q2 2020, up 8.9% quarter-over-quarter.
- 2 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q2 2020 and 3 closed out, a net change of -1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q2 2020 was Bank of America, an estimated $958K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q2 2020 was Wells Fargo, an estimated $282K sold.
Based on aggregated 13F filings for Q2 2020.