NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
36 hedge funds and large institutions have $32M invested in NUVEEN ELECT TAX-FREE INC 3 in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
13% more capital invested
Capital invested by funds: $28.3M → $32M (+$3.7M)
6% more funds holding
Funds holding: 34 → 36 (+2)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.88M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$600K |
| 3 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$342K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$86.9K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$64.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$1.05M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$496K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$420K |
| 4 |
Morgan Stanley
New York
|
-$170K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$135K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $86K | -$135K | -7,504 | -62% |
|
|
PB
27
Pinnacle Bancorp
Beatrice,
Nebraska
| $82K | – | – | – |
|
|
JCM
28
Jacobi Capital Management
Pittston,
Pennsylvania
| $66K | +$269 | +15 | +0.4% |
|
29
Osaic Holdings
Scottsdale,
Arizona
| $56K | -$17.9K | -1,000 | -25% |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $37K | +$35.9K | +2,000 | New |
|
|
MPWT
31
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $37K | +$36K | +2,006 | New |
|
|
CFB
32
Cullen/Frost Bankers
San Antonio,
Texas
| $30K | – | – | – |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $13K | – | – | – |
|
|
SA
34
SRH Advisors
Salina,
Kansas
| $9K | – | – | – |
|
35
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
36
Citigroup
New York
| – | -$13K | -784 | Closed |
|
NXR Hedge Fund Activity: Q2 2021 in Review
36 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q2 2021, worth a combined $32M — up 13% from $28.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NXR positions and 1 closed out — a net gain of 2 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $1.88M. The largest seller was Tortoise Investment Management, cutting an estimated $1.05M.
- 36 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q2 2021, up from 34 in Q1 2021.
- Funds reported $32M of NUVEEN ELECT TAX-FREE INC 3 stock for Q2 2021, up 13% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q2 2021 and 1 closed out, a net change of +2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q2 2021 was Hennion & Walsh Asset Management, an estimated $1.88M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q2 2021 was Tortoise Investment Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q2 2021.