NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
34 hedge funds and large institutions have $28.3M invested in NUVEEN ELECT TAX-FREE INC 3 in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 6 closing their positions.
5% more capital invested
Capital invested by funds: $26.9M → $28.3M (+$1.44M)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
8% less funds holding
Funds holding: 37 → 34 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$315K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$161K |
| 3 |
RIA
Realta Investment Advisors
Wilmington,
Delaware
|
+$120K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$93.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$91.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$471K |
| 2 |
LPL Financial
San Diego,
California
|
-$303K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$216K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$164K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$98.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $67K | – | – | – |
|
|
JCM
27
Jacobi Capital Management
Pittston,
Pennsylvania
| $59K | +$169 | +10 | +0.3% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $46K | – | – | – |
|
|
CFB
29
Cullen/Frost Bankers
San Antonio,
Texas
| $27K | – | – | – |
|
30
Citigroup
New York
| $13K | – | – | – |
|
|
BFEC
31
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $12K | – | – | – |
|
|
SA
32
SRH Advisors
Salina,
Kansas
| $8K | – | – | – |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
RVPG
34
Relative Value Partners Group
| – | -$471K | -26,942 | Closed |
|
|
35
LPL Financial
San Diego,
California
| – | -$303K | -17,337 | Closed |
|
|
KAS
36
Kestra Advisory Services
Austin,
Texas
| – | -$216K | -12,477 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$35K | -2,000 | Closed |
|
38
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5.15K | -305 | -100% |
|
|
RCA
39
Ranch Capital Advisors
Sarasota,
Florida
| – | -$5K | -300 | Closed |
|
|
SIAG
40
Safeguard Investment Advisory Group
Corona,
California
| – | -$3K | -219 | Closed |
|
NXR Hedge Fund Activity: Q1 2021 in Review
34 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q1 2021, worth a combined $28.3M — up 5.3% from $26.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NXR and 3 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Ahrens Investment Partners, opening a new position worth an estimated $315K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $471K sold.
- 34 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q1 2021, down from 37 in Q4 2020.
- Funds reported $28.3M of NUVEEN ELECT TAX-FREE INC 3 stock for Q1 2021, up 5.3% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q1 2021 and 6 closed out, a net change of -3 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q1 2021 was Ahrens Investment Partners, an estimated $315K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q1 2021 was Relative Value Partners Group, an estimated $471K sold.
Based on aggregated 13F filings for Q1 2021.