NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
37 hedge funds and large institutions have $26.9M invested in NUVEEN ELECT TAX-FREE INC 3 in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 2 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
4% less capital invested
Capital invested by funds: $27.9M → $26.9M (-$999K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$679K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$425K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$207K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$143K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$74.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.65M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$1.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$265K |
| 4 |
RVPG
Relative Value Partners Group
|
-$116K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $70K | – | – | – |
|
|
JCM
27
Jacobi Capital Management
Pittston,
Pennsylvania
| $61K | +$332 | +20 | +0.6% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $47K | -$26.5K | -1,600 | -37% |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $35K | – | – | – |
|
|
CFB
30
Cullen/Frost Bankers
San Antonio,
Texas
| $28K | – | – | – |
|
31
Citigroup
New York
| $14K | – | – | – |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $12K | – | – | – |
|
|
SA
33
SRH Advisors
Salina,
Kansas
| $9K | – | – | – |
|
|
RCA
34
Ranch Capital Advisors
Sarasota,
Florida
| $5K | – | – | – |
|
35
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $5K | +$5.06K | +305 | +30,500% |
|
|
SIAG
36
Safeguard Investment Advisory Group
Corona,
California
| $3K | +$3.63K | +219 | New |
|
37
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
1CP
38
1607 Capital Partners
Richmond,
Virginia
| – | -$2.65M | -161,557 | Closed |
|
|
CSPIA
39
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$33K | -2,000 | Closed |
|
NXR Hedge Fund Activity: Q4 2020 in Review
37 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q4 2020, worth a combined $26.9M — down 3.6% from $27.9M a quarter earlier.
Fund positioning in NXR was balanced in Q4 2020: 2 funds opened new positions, 2 closed out, 13 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $679K. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $2.65M sold.
- 37 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $26.9M of NUVEEN ELECT TAX-FREE INC 3 stock for Q4 2020, down 3.6% quarter-over-quarter.
- 2 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q4 2020 and 2 closed out, a net change of 0 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q4 2020 was Morgan Stanley, an estimated $679K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q4 2020 was 1607 Capital Partners, an estimated $2.65M sold.
Based on aggregated 13F filings for Q4 2020.